The Supreme Court Tuesday deferred to November 5 the hearing on a batch of pleas relating to charging of interest on interest by banks on EMIs which were not paid by the borrowers who availed of the RBI loan moratorium scheme in view of the COVID19 pandemic. The Reserve Bank of India and the Finance Ministry have already filed separate additional affidavits in the apex court saying that the banks, financial and nonbanking financial institutions will credit into the accounts of eligible borrowers by November 5 the difference between compound and simple interest collected on loans of up to Rs 2 crore during the moratorium scheme period.

Reliance is working on three projects in the Krishna Godavari basin KG-D6 block, where production from older fields stopped in February this year.R-Series will the first of the three fields to go live.

Deutsche Bank has about USD340 million in loans outstanding to the Trump Organization, the president’s umbrella group that is currently overseen by his two sons, according to filings made by Trump to the US .

He further added that IndusInd will continue to increase market share in the commercial vehicle (CV) and MFI businesses.