A motorcyclist and passenger travel past branches of ICICI Bank Ltd., HDFC Bank Ltd. and Punjab National Bank (PNB) on a near-empty street in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Borrowers Eligible For Moratorium On Grounds Of Business Continuity, Says Karnataka High Court
The Karnataka High Court has directed HDFC Bank Ltd., Federal Bank Ltd. and Aditya Birla Housing Finance to grant a moratorium on loan repayments to a borrower from March 1 till Aug. 31. The court ...