"moratorium"

Accordingly, HDFC Securities, expects banks to remain selective in restructuring stressed assets.

The bench emphasized that it is for the government to assess the situation and take appropriate decisions.

Overall, growth in searches for car loans between the two halves of 2020 grew the fastest at 55 per cent with home loans following with 22 per cent growth.

The waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020 may put stress on banks' financial health.

The RBI on March 27 last year announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic.

"Given the increasing pressure on businesses, it would be imperative to extend the NCLT moratorium until December 2021," the Assocham said in its representation to the Finance Ministry

The government has placed Lakshmi Vilas Bank (LVB) under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.

On Tuesday, the government placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.

On Tuesday, the government placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.

The Central government, in its affidavit filed before the apex court on October 25, had stated that the interest waiver scheme can be availed by borrowers in specified loan accounts.