The MSMEs particularly in employment intensive sectors like carpets, handicrafts, apparels, footwear, gems and jewellery, and marine are likely to be worst affected particularly in
Month: March 2020
Banks to seek RBI forbearance on loans to MSME, affordable housing – The Hindu BusinessLine
Repayment delay on the part of borrowers should not be classified default up to a point in time Banks plan to move the Reserve Bank
Fiscal, monetary stimulus is essential to deal with Covid-19 – The Hindu BusinessLine
Both liquidity measures and market interventions to rein in foreign exchange volatility need to be used prudently, without exhausting all the ammunition at one go
Sale of AT-1 bonds to retail bank account holders should serve as a wake-up call to RBI – The Hindu BusinessLine
The RBI needs to admit that it hasn’t done enough to curb the rampant mis-selling by banks and take concrete steps to fix the issue
Covid-19 gives global economy the shivers – The Hindu BusinessLine
Words like recession, credit crisis and even depression are on forecasters’ lips. The virus has caught governments flat-footed In what seems the blink of an
Coronavirus fallout: A report from the rear – The Hindu BusinessLine
Coronavirus is making us question everything we have been doing till now. Society is changing in curious ways The American 24-hour news media’s penchant to
Where is the vaccine for the economy? – The Hindu BusinessLine
As the coronavirus sends the economy into ICU, old approaches simply won’t work The Director-General of the Indian Council of Medical Research, Balram Bhargava, has
Low crude price: It’s not Advantage India, with demand laid low by virus – The Hindu BusinessLine
Government has to get its act together to reap the benefits in the long term Once again, crude oil prices seem to favour the Modi
Mix of both fiscal and monetary policy needed to salvage the economy: Report – The Economic Times
MUMBAI: A combination of monetary as well as fiscal policy measures are called for to salvage the economy from the collateral damage from the fallout
khatabook: MS Dhoni invests in fintech startup Khatabook – The Economic Times
NEW DELHI: Khatabook announced a strategic partnership with Mahendra Singh Dhoni, who will invest in the company and become its brand ambassador. The firm has
Nitin gadkari: 6 lakh MSMEs restructured, coronavirus offers opportunity to Indian industries: Gadkari – The Economic Times
New Delhi: The government on Monday said in Rajya Sabha that six lakh industries under MSME have been restructured and urged the sector to look
demonetisation: No record to show MSMEs impacted by demonetisation: Gadkari – The Economic Times
By Nishtha Saluja Last Updated: Mar 16, 2020, 06.19 PM IST Getty Images Answering another question on whether MSMEs were being impacted by the Coronavirus
Yes Bank: Depositors staying put is now key to India’s biggest bank rescue – The Economic Times
By Suvashree Ghosh Depositors will judge this week whether India has staved off another threat to banking sector stability when curbs on withdrawals from a
RBL Bank rubbishes rumours about its financial health – The Economic Times
MUMBAI: Private lender RBL bankNSE 1.04 % on Tuesday again reiterated that that it was financially strong, well-capitalized, profitable, and a growing entity with a
Shaktikanta Das: Yes Bank depositors’ money is absolutely safe: RBI governor Shaktikanta Das – The Economic Times
MUMBAI: The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday dispensed with the usual regulatory formality to assure the man on the street
Insolvency and Bankruptcy Code: Banks should be instructed not to invoke IBC for non-payment in testing times of Coronavirus: SICCI – The Economic Times
Chennai: The Southern Chamber of Commerce and Industry (SICCI) on Monday made a representation to the government to instruct banks not to invoke Insolvency and
Reverse Charge: Why So Shy, GST Council?
The Goods and Services Tax Council has raised GST on mobile phones from 12% to 18%, the same rate that is levied on phone components,
Banking on Reforms–Economic Times
By RAGHURAM RAJAN Risk management still needs substantial improvement in public sector banks, regulatory compliance is inadequate and cyber risk needs greater attention. Interest rate
Improper shift: The engagement between government and retired Justice Gogoi is uncalled for
Former Chief Justice of India Ranjan Gogoi’s nomination to Rajya Sabha, four months after his retirement, has triggered an avoidable controversy. The ex-CJI has accepted
Coronavirus: Tamil Nadu industry experts, trade bodies flag worry over impact on small businesses – The Financial Express
Covid-19 is leading to various issues in the industry including shrinkage of exports, cessation of production, non-availability of manpower, uncertainty of consumption, among others. The