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₹10,000 interest-free festival advance for govt employees: FM

Finance minister Nirmala&nbsp;Sitharaman on Monday announced a one-time ₹10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.&nbsp;This ₹10,000 advance will come as a pre-paid rupay card, which can be availed and spent by March 31, 2021.&nbsp;The repayment will be in 10 installments, Sitharaman said adding that ₹4,000 crore is likely to be spent on this.

Finance minister Nirmala&nbsp;Sitharaman on Monday announced a one-time ₹10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.&nbsp;This ₹10,000 advance will come as a pre-paid rupay card, which can be availed and spent by March 31, 2021.&nbsp;The repayment will be in 10 installments, Sitharaman said adding that ₹4,000 crore is likely to be spent on this.
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Finance minister Nirmala&nbsp;Sitharaman on Monday announced a one-time ₹10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.&nbsp;This ₹10,000 advance will come as a pre-paid rupay card, which can be availed and spent by March 31, 2021.&nbsp;The repayment will be in 10 installments, Sitharaman said adding that ₹4,000 crore is likely to be spent on this.

Samsung announces 24x7 support, pre-booking offers for Fold2

Samsung India has announced that those purchasing its ₹1.5 lakh Galaxy Z Fold2 5G foldable smartphone will have 24x7 access to customer care services. Users can also sign up for complementary Samsung Care+ protection, which entitles them to one-time repair against accidental damage within one year of activation date. The pre-booking starts from September 14 and users will get 4 months of free YouTube Premium and a discount of 22 per cent on Microsoft office 365 along with it.

Samsung announces 24x7 support for Fold2 buyers
One-time repair against accidental damage within a year
Pre-book the Fold2 5G phone from Sep 12
Offers include 4 months free YouTube premium

Samsung India has announced that those purchasing its ₹1.5 lakh Galaxy Z Fold2 5G foldable smartphone will have 24x7 access to customer care services. Users can also sign up for complementary Samsung Care+ protection, which entitles them to one-time repair against accidental damage within one year of activation date. The pre-booking starts from September 14 and users will get 4 months of free YouTube Premium and a discount of 22 per cent on Microsoft office 365 along with it.

Banks may restructure ₹10 lakh crore worth loans

Banks may restructure loans of more than ₹10 lakh crore largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been severely hit by the COVID-19 outbreak, according to bankers.
Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for COVID-19 related stress by September 15.

Banks may restructure loans of more than ₹10 lakh crore largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been severely hit by the COVID-19 outbreak, according to bankers.
Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for COVID-19 related stress by September 15.

Banks may restructure loans of more than ₹10 lakh crore largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been severely hit by the Covid-19 outbreak, according to bankers.
Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for Covid-19 related stress by September 15.

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