Page 2 - Debt Moratorium News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here i think that it's very interesting, a big difference here between the argument about the debt moratorium and this loan forgiveness, $40 billion loan forgiveness program for utilities in the case of the debt moratorium, landlords get nothing out of that. they just lose out on money if there is an eviction moratorium, but in the case of the $40 billion program, that would pay massive corporations that are in charge of your rent and utility -- not your rent, but your utility is internet flexing her gas and your electric, it would use federal dollars to pay all of those bills, so a huge compa...

Sri Lanka’s first localised COVID-19 case was detected in March 2020 right around the time the official declaration by the WHO confirmed it as a pandemic. As nations around the world began shutting down en masse in a desperate effort to rein in surging infection rates and control the mounting death toll, the Sri Lankan government also announced an island-wide lockdown that lasted from March until May in a bid to control its first wave. The timing of the decision however could not have been worse, as it came at a time when the local economy was only just recovering from the spillover effects...

The Indian Banks' Association (IBA) on behalf of lenders has approached the finance ministry to refund the burden fallen on their shoulders due to a recent Supreme Court judgment on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020. The March judgment of the apex court directed the banks to waive off compound interest on loans above Rs 2 crore availing moratorium as loans below this got blanket interest on interest waiver in November last year. Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore duri...

Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. ...