Bounce rate of auto debit transactions remains high amid lenders’ claims of improved collection efficiencies – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/bounce-rate-of-auto-debit-transactions-remains-high-amid-lenders-claims-of-improved-collection-efficiencies/article33419696.ece?homepage=true Is there rising financial stress amongst small and retail borrowers after the end of the loan moratorium, despite banks and NBFCs reporting collection

Loan restructuring, other measures announced by govt to cushion PSBs from shock: DFS Secy – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-restructuring-other-measures-announced-by-govt-to-cushion-psbs-from-shock-dfs-secy/articleshow/79956391.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Despite the pandemic, the lockdown and the consequent damage done to the economy, there are quick signs of recovery, Financial Services Secretary Debasish

Forex reserves up by USD 2.56 bn to record USD 581.131 bn – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/forex-reserves-up-by-usd-2-56-bn-to-record-usd-581-131-bn/articleshow/79956444.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and

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