y Gurbaksh Chahal With Covid-19, we are dealing with two viruses: a viral infection and a financial infection. Both must be addressed concurrently. The latter will
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
SMEs: Covid-19 impact: FM Nirmala Sitharaman raises insolvency threshold of default to Rs 1 crore for MSMEs – The Economic Times
With this announcement, SMEs will not have to immediately stare at insolvency from actions taken by a bank or any other creditor. In order to
‘End of coronavirus pandemic is near’, says Nobel laureate Michael Levitt | Business Standard News
Michael Levitt, an American-British-Israeli biophysicist who received the 2013 Nobel Prize in chemistry for developing complex models of chemical systems, has an optimistic take on
Costly delay | Business Standard Editorials
Union Finance Minister Nirmala Sitharaman on Tuesday announced a series of measures that essentially provide or extend a grace period for several payments and regulations.
Disinfect the economy | Business Standard Editorials
The world is still coming to terms with the havoc caused by the outbreak of COVID-19. India decided to shut itself down completely on Sunday,
YES Bank AT1 bonds write-down exposes gaps in our ratings systems, yet again – The Hindu BusinessLine
The regulator will have to take rating agencies to task and impose strict penal action for their murky role in recent episodes Even as depositors
India Stimulus Package: India can spend $18 billion to fight virus impact, say analysts – The Economic Times
By Anirban Nag India is facing an economic shock as many parts of the country go into lockdown and the government will have to spend
Social distancing a luxury that workers on Rs 152 a day can’t afford – The Economic Times
By Bibhudatta Pradhan and Archana Chaudhary Baby Devi has already lost 80% of her monthly earnings to the spread of the coronavirus — and the
aditya puri: Economy in ICU, says HDFC Bank chief, but downplays Covid risks to loan quality – The Economic Times
India’s longest serving bank chief Aditya Puri on Monday said that it was just a matter of time before the RBI and the government give
coronavirus lockdown violation: Venturing out during a lockdown? You may be booked under these clauses – The Economic Times
Strict adherence to government order has become the need of the hour. As the nationwide count crossed 430, various state governments have ordered a complete
Coronavirus outbreak: Bimal Jalan pitches for fiscal stimulus – The Economic Times
NEW DELHI: Former RBI governor Bimal Jalan has pitched for fiscal stimulus to mitigate the impact of coronavirus outbreak which, he said, could lower India’s
On lending by banks to NBFCs, HFCs to be part of priority sector in FY21: RBI – The Economic Times
Mumbai, Mar 23 (PTI) The Reserve Bank on Monday said bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits
US stocks: Fed unveils unlimited QE and aid for businesses, states – The Economic Times
By Christopher Condon, Craig Torres, Matthew Boesler and Michael McKee The Federal Reserve on Monday announced a massive second wave of initiatives to support a
7.3 million jobs at stake, restaurant body writes to Finance Minister for financial bailout package – The Economic Times
Last week, the NRAI had issued an advisory to all its members to shut down their dine-in operations till 31st March, 2020. Citing the possibility
Time for RBI to buy corporate bonds–Economic Times
The Reserve Bank of India (RBI) has been vigorously conducting open market operations (OMO) and purchasing government bonds in the secondary market, to shore up
Coronavirus outbreak: Sebi eases compliance requirements for brokers, mutual funds – The Financial Express
In a bid to reduce compliance burden on market participants, Sebi on Monday provided various relaxations to stock brokers and mutual fund houses, including extension
MSMEs may not survive if cash flow problem occurs amid lockdown, FICCI tells govt; suggests steps – The Financial Express
Credit and Finance for MSMEs: As MSMEs stare at a bigger cash flow problem ahead if the current lockdown continues by the government, there is
Loans to MSMEs, India lockdown to make Axis Bank’s bad loans worse | Business Standard News
Even when Axis Bank posted a few quarters of losses in the past years, its stock price didn’t come crashing as it did on Monday.
Covid-19 impact: MSMEs require support to survive, says industry expert | Business Standard News
Over 22% of the over 75 Million MSME’s units in India will be shut if the lockdown in cities extends beyond 4 weeks and a
Covid-19: MFs fear huge redemptions, write to RBI for liquidity support | Business Standard News
According to industry participants, the RBI has been asked to extend the liquidity support as was done during the crisis in 2008 and 2013. The
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