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India: May Digital Payments See an Uptick, Indicating Revival in Economic Activity

Digital payments saw a revival in May, after the government granted some relaxation during the third and fourth phases of the lockdown.

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Microfinance Industry Most Vulnerable to Lockdown and Moratorium

As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity

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Covid-19 Relief: HDFC Bank Releases FAQ on Deferred EMIs and its Impact

As the Reserve Bank of India announced relief measures for the common man to deal with coronavirus, several banks have come out with their explanations on what will the impact on the EMIs for the customers if they opt for deferring the EMIs by three months. Here is an FAQ by HDFC Bank, explaining how the stipulation by RBI will impact its customers.