Clipped from: https://economictimes.indiatimes.com The Governor also announced the further extension of three months for the deferment of interest on working capital facilities. Providing further relief to
Category: Economy
repo rate cut by rbi: Repo cut, moratorium breather for realty; developers await debt-restructuring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ According to Jaxay Shah, Chairman, CREDAI National, the RBI’s preponed monetary policy announcements to tackle covid-19 are short term piecemeal solution for a
RBI repo rate cut: RBI takes it forward from where FM Sitharaman left, announces 40 bps repo rate cut, loan freeze extension – The Economic Times
Clipped from: https://economictimes.indiatimes.com The RBI has projected negative growth with a pick up in growth impulses in second half. The RBI Governor Shaktikanta Das announced a slew of measures aimed
Loan Moratorium News: Borrowers welcome RBI’s loan moratorium move, lenders fret – The Economic Times
Clipped from: https://economictimes.indiatimes.com The RBI in its announcement added that in order to ameliorate the difficulties faced by borrowers in repaying the accumulated interest for the
Moratorium extension not enough, loan recast will be needed: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Equity investors dumped bank stocks on Dalal Street, sensing deeper pain ahead. NEW DELHI: RBI on Friday extended the moratorium on loan repayments
FM busts demand side-supply side argument, says money going into people’s hands – The Economic Times
Clipped from: https://economictimes.indiatimes.com ‘Banks won’t be blamed as we are going to take the loss’ Economic package includes all companies for bank loan facility despite size and
The Covid crisis may lead to a CAD surplus this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ But that’s no cause for complacency as it is likely to be caused more by India’s imports collapsing than rising exports In the
States GST collections may dip 30 per cent this fiscal: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The States Goods and Services Tax (SGST) collections are expected to contract by 30 per cent to ₹3.5 lakh crore in FY21 from ₹5 lakh
‘Linking borrowings with reforms will help States’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com NK Singh, Chairman of 15th Finance Commission – THE HINDU NK Singh, Chairman of 15th Finance Commission – THE HINDU× States are not
NBFC support: Finance Ministry issues norms for Partial Credit Guarantee Scheme 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Comes out with FAQs to clear the air on implementation The Finance Ministry has come out with detailed operational guidelines and frequently asked
Ind-Ra expects beginning of new NPA cycle in banking sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Our Bureau The banking sector may see the beginning of a new non-performing asset (NPA) cycle, with the pandemic likely to drive banks’
Banks receive copious deposit inflows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Bank deposits jumped by a whopping ₹2,87,495 crore in the March 27to May 8 period as savers/investors turned cautious in view of the volatility
All options open to govt to monetise deficit under RBI guidance: N K Singh | Business Standard News
Clipped from: https://www.business-standard.com/ He said all options should be open to the sovereign in consultation with the Reserve Bank of India (RBI) The central government has
Suspension of labour laws: Centre objects to states’ Ordinance plan | Business Standard News
Clipped from: https://www.business-standard.com UP, Gujarat govts are seeking to suspend major labour laws via this route; ministry firming up its response Both the state governments have
What steps did the govt take to prevent MSMEs from defaulting on loans? | Business Standard News
Clipped from: https://www.business-standard.com/ Two important steps have been taken in this regard by the govt The Insolvency and Bankruptcy Code is entering a period of suspension
Between a stimulus package and a hard place | Business Standard Column
Clipped from: https://www.business-standard.com So, while we have achieved some success on the health front, are the steps taken to revive the economy adequate? As we hunker
GST Council to mull market borrowings to bridge shortfall in compensation cess collection – The Financial Express
Clipped from: https://www.financialexpress.com/ Apart from the Centre and states which have raised their market borrowing plan for the current fiscal year amid a big revenue shortfall,
Debt to GDP ratio to rise in this fiscal, says Finance Commission chairman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/ Additional expenditures to tackle Covid-19 pandemic and reduction in economic activity will push up the general government debt to GDP ratio in FY21.
MSMEs pin hopes on release of payments by govt – The Financial Express
Clipped from: https://www.financialexpress.com More than availing of the benefit of new credit lines and loan-related schemes announced by the government, nearly 63.3 million micro, small and
Banks approach MCA to expedite nod for 40 resolved IBC cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com With prospects of almost zero recovery over the next few months, banks are worried that buyers may call off deals or reduce valuations
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