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Center Govt Informs to Supreme Court,Moratorium on Loans is Extendable up to 2 Years.

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4 years ago

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The Center and Reserve Bank of India on Tuesday informed the Supreme Court that the moratorium on repayment of loans is extendable by up to two years.

Appearing for the RBI and the central government, Solicitor General Tushar Mehta contended before a bench headed by Justice Ashok Bhushan that the Center is in the process of identifying the distressed sectors to decide what kind of relief could be provided, as per the impact of the hit they have taken.

Mehta clarified that moratorium is capable of being extended as per the circular.

He also informed the top court that the Center has filed its reply on the powers under Disaster Management Act, and urged the court to allow Center, RBI, bankers associations to sit together.

The bench replied that it has been hearing about this meeting since past three hearings on the matter. Mehta submitted that they will identify the class of borrowers.

The bench said it wanted something concrete on the issue.

Mehta reiterated that the moratorium period is anyway extendable by two years.

The bench insisted that it will have to take a decision on many other issues on the basis of its merit.

Mehta said the court can go through the affidavit and take up the matter in two days.

The bench wanted to know whether a decision can be taken in two days?

Mehta said that may not be possible.

To which, the bench said it would hear on Wednesday the bunch of petitions demanding waiver of interest, or waiver of interest on interest on the deferred EMIs during the moratorium period. (IANS)

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Apple is giving a huge discount on its gadgets: Details inside

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3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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