All posts tagged "moratorium"
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121Asia-PacificCBSL Roadmap Outlines Six Month Plan to Stabilise Sri Lanka
Export proceeds must be repatriated and converted to local currency. The loan moratorium will be unwound gradually. Liquidity support will be provided to banks.
October 7, 2021 -
152Capital RegulationIndia Progresses Key Deposit Insurance Reforms
The reforms will enable customers to access their deposits within 90 days if a bank is unable to fulfill its obligations due to a moratorium.
August 9, 2021 -
139MalaysiaMalaysia Provides Six Month Automatic Moratorium to Borrowers
This is the second time Malaysia has introduced a comprehensive loan moratorium after its debut in March last year.
July 11, 2021 -
134Capital RegulationRBI Warns Banks to Prepare for Higher Provisioning
Banks will need to closely monitor their asset quality in the coming quarters, the RBI said in its annual report.
May 31, 2021 -
295Capital RegulationRBI Announces Support Measures for Second Covid Wave
The measures include liquidity for bank lending to businesses, continued regulatory exemptions, and an additional round of restructuring and moratoria flexibility.
May 6, 2021 -
197FeatureHong Kong to Enhance Special 100% Loan Guarantee Scheme
The maximum loan amount per enterprise, total loan ceiling, maximum repayment period, and duration of moratorium will be extended.
February 25, 2021 -
509Hong KongHong Kong to Introduce Corporate Rescue Regime Next Year
Shareholders, secured creditors, unsecured creditors and employees of distressed companies will all end up with better outcomes under the proposed corporate rescue procedure.
December 4, 2020 -
600Capital RegulationIndian Government Green-lights DBS Rescue of Lakshmi Vilas Bank
All 563 branches of Lakshmi Vilas Bank will function as branches of DBS Bank India from Friday, bringing security to 400 employees and 2 million depositors.
November 27, 2020 -
656Capital Regulation
RBI Proposes DBS as Merger Partner to Rescue Lakshmi Vilas Bank
The RBI has capped withdrawals from Lakshmi Vilas Bank and superseded the bank's board due to its "rapidly deteriorating financial position".
November 18, 2020 -
475India
RBI Instructs Lenders to Repay ‘Interest on Interest’ to Borrowers
Interest charged on interest for certain loans will be repaid by lenders under a government scheme, regardless of whether the loans were under moratorium.
November 3, 2020
