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Loan relief: Government To implement scheme by November 5

Govt to implement a loan relief scheme by November 5, to shell out ₹ 6,500 crore.

Government Issues Guidelines On Loan Relief

Govt issues guidelines on loan relief
Govt to implement scheme by Nov 5
Borrowers to pay simple interest only
Lenders to first credit amount on eligible loans
Govt will reimburse&nbsp;lending institutions
Govt will have to shell out ₹ 6,500 crore

In a relief to borrowers, government has said that it will implement a loan relief scheme by November 5. The Supreme Court had&nbsp;directed government to implement interest waiver on loans of up to ₹ 2 crore under the Reserve Bank of India's moratorium scheme. The relief will come to borrowers in the form of grant of ex-gratia payment of difference between compound interest and simple interest for six months from March 1 to August 30. Lending institutions will first credit the amount on eligible loans up to&nbsp;₹&nbsp;2 crore, which will be reimbursed by the government. Borrowers will only need to pay simple interest for their outstanding borrowing. The government will have to shell out ₹ 6,500 crore for the implementation of the scheme, PTI reported.

TRP scam: No interim protection from arrest for Arnav Goswami, HC says

The Bombay High Court on Monday said that in case Republic TV's Editor-in-Chief, Arnab Goswami is named an accused in the case filed over alleged manipulation of Television Rating Points (TRPs), he would first be issued a summon by the Mumbai Police. A writ petition filed by Goswami and ARG Outlier Media Limited, that runs Republic TV and Republic Bharat sought to quash FIR registered by Kandivali police station for cheating, criminal breach of trust and criminal conspiracy in connection with the TRP scam. The court directed the Mumbai Police to present the results on November 4 and held that the case will be taken up next on November 5, which, it said would be the final hearing. The court refused to heed Goswami&rsquo;s lawyer Harish Salve&rsquo;s plea to provide the journalist interim protection from arrest.

Summon Arnab Goswami if he is named as accused in TRP scam FIR: HC

HC: no interim protection from arrest for Arnab&nbsp;
TRP&nbsp;scam: Arnab&nbsp;to be summoned if named as accused
Mumbai Police to submit probe result on Nov 4
Final hearing of case on Nov 5
&nbsp;

The Bombay High Court on Monday while hearing a petition in the TRP&nbsp;scam case, refused to heed Republic TV's Editor-in-Chief, Arnab&nbsp;Goswami&rsquo;s lawyer Harish Salve&rsquo;s plea to provide the journalist interim protection from arrest. The court held that&nbsp;Arnab Goswami if named an accused in the case filed over alleged manipulation of Television Rating Points (TRPs), he would first be issued a summon by the Mumbai Police. A writ petition filed by Goswami and ARG Outlier Media Limited, that runs Republic TV and Republic Bharat sought to quash FIR registered by Kandivali police station for cheating, criminal breach of trust and criminal conspiracy in connection with the TRP scam. The court directed the Mumbai Police to present the results on November 4 and held that the case will be taken up next on November 5, which, it said would be the final hearing.&nbsp;

november 5

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