RBI allows 3-month moratorium on EMIs of all term loans

The Reserve Bank of India (RBI) on Friday allowed banks, non-bank financial institutions (NBFCs), including housing finance companies, and other financial institutions to allow a three-month moratorium on payment of instalments on term loans amid the disruption caused the coronavirus outbreak. The central bank’s governor Shashikanta Das made the announcement, much needed […]

Covid-19: UP inter-district teachers transfer deferred due to lockdown

In view of Sars-Cov-2 outbreak, the state government on Thursday decided to postpone the proceedings of inter-district teachers’ transfers of Basic Shiksha Parishad, an official said. Ruby Singh, secretary, UP Basic Shiksha Parishad said, “The process of teachers’ transfer has been postponed following 21-day lockdown declared in the country which […]