Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Borrowers to be charged interest for 3-month moratorium period: RBI    </title>
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RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.

Banks which give borrowers a three-month moratorium on repayment of loans will continue to..."/>
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RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.</em></p><p style="text-align:justify">Banks which give borrowers a three-month moratorium on repayment of loans will continue to charge interest on the outstanding portion of the loans during this window period, the Reserve Bank of India clarified on Friday evening.</p><p style="text-align:justify">The 3-month moratorium on repayment of loans - including home loans, car loans, personal loans and credit card dues - was announced by RBI Governor Shaktikanta Das earlier on Friday after he declaring a 75 basis points (0.75 percentage point) cut in the repo rate, or the rate at which the central bank lends to banks. It was the steepest interest rate cut in 11 years, mostly targeted at reviving growth and mitigating the impact of czovid-19 pandemic.</p><p style="text-align:justify">Please <a href="https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html" title="https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html">click here</a> to read more.</p>                                                           
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RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.</em></p><p style="text-align:justify">Banks which give borrowers a three-month moratorium on repayment of loans will continue to charge interest on the outstanding portion of the loans during this window period, the Reserve Bank of India clarified on Friday evening.</p><p style="text-align:justify">The 3-month moratorium on repayment of loans - including home loans, car loans, personal loans and credit card dues - was announced by RBI Governor Shaktikanta Das earlier on Friday after he declaring a 75 basis points (0.75 percentage point) cut in the repo rate, or the rate at which the central bank lends to banks. It was the steepest interest rate cut in 11 years, mostly targeted at reviving growth and mitigating the impact of czovid-19 pandemic.</p><p style="text-align:justify">Please <a href="https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html" title="https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html">click here</a> to read more.</p>                                                           
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RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.

Banks which give borrowers a three-month moratorium on repayment of loans will continue to..."/>
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RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period.</em></p><p style="text-align:justify">Banks which give borrowers a three-month moratorium on repayment of loans will continue to charge interest on the outstanding portion of the loans during this window period, the Reserve Bank of India clarified on Friday evening.</p><p style="text-align:justify">The 3-month moratorium on repayment of loans - including home loans, car loans, personal loans and credit card dues - was announced by RBI Governor Shaktikanta Das earlier on Friday after he declaring a 75 basis points (0.75 percentage point) cut in the repo rate, or the rate at which the central bank lends to banks. It was the steepest interest rate cut in 11 years, mostly targeted at reviving growth and mitigating the impact of czovid-19 pandemic.</p><p style="text-align:justify">Please <a href="https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html" title="https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html">click here</a> to read more.</p>                                                           
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Home हिन्दी

Borrowers to be charged interest for 3-month moratorium period: RBI

Published on Mar 27, 2020   Modified on Mar 30, 2020

-The Hindu RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period. Banks which give borrowers a three-month moratorium on repayment of loans will continue to charge interest on the outstanding portion of the loans during this window period, the Reserve Bank of India clarified on Friday evening. The 3-month moratorium on repayment of loans - including home loans, car loans, personal loans and credit card dues - was announced by RBI Governor Shaktikanta Das earlier on Friday after he declaring a 75 basis points (0.75 percentage point) cut in the repo rate, or the rate at which the central bank lends to banks. It was the steepest interest rate cut in 11 years, mostly targeted at reviving growth and mitigating the impact of czovid-19 pandemic. Please click here to read more.

The Hindu, 27 March, 2020, https://www.hindustantimes.com/business-news/borrowers-to-be-charged-interest-for-3-month-moratorium-period-rbi/story-Mt0oz29cvfKn8nIvq56UQL.html

Tagged with: Reserve Bank of India Bank Loans Bank Credit Covid-19 Coronavirus RBI

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