New Delhi: The finance ministry has increased coverage of a lender’s loss in case of loan default under the Credit Guarantee Fund for Micro Units (CGFMU) scheme
Category: Economy
China’s GDP slump won’t bring about the stimulus Asia badly needs now – The Economic Times
As bad as China‘s economic dive is, the slump is even more perilous for the rest of Asia. The region stands to lose its growth patron. China’s
Banks that skirted India’s bad loans can’t escape lockdown – The Economic Times
Total non-performing loans in the financial system may rise by 7 percentage points if India ends its lockdown by mid-May, according to a recent study
Money, money everywhere but not a drop to those in need – The Economic Times
Mumbai: The Reserve Bank of India is throwing money from its rooftop so that banks lend. Yes, they are lending, but not to you and me, but the RBI itself. One
RBI announcements today: What RBI’s announcement today means for your loans and fixed deposit interest rates – The Economic Times
The excess liquidity in the economy is expected to exert downward pressure on the interest rates. The RBI announced a host of measures today aimed at increasing liquidity in
Can’t sack staff: Companies get lawyers’ notice – The Economic Times
NEW DELHI: In an innovation during the unprecedented lockdown, two lawyers replicated the Supreme Court’s three-decade-old PIL concept to suo motu issue legal notice to three
Government may consider realty developers’ demand for restructuring of loans – The Economic Times
MUMBAI: The government may consider real estate developers’ long-pending demand for restructuring of loans for a period of 12 months and the Ministry of Housing and Urban
RBI norms may put a Rs 35,000 crore hole in banks’ profits – The Economic Times
Keeping in mind the risk build-up in bank balance sheets due to stress and delays in recoveries, the regulator has asked banks to make a
In the protracted fight against Covid-19, RBI has done all the heavy lifting to date – The Economic Times
This is not to say RBI hasn’t done a great deal. It has done most, if not all, of ‘whatever it takes’ and without any
Now, all eyes on fiscal package | Deccan Herald
By Suvashree Ghosh, Subhadip Sircar, Nupur Acharya and Vrishti Beniwal India’s government and central bank are trying to cushion an economy that was slowing even
RBI Governor’s speech–17.04.2020
RBI Governor Speech–17.04.2020
Is your industry exempted during lockdown period? Find out–Deccan Chroncile
New Delhi: The government on Friday gave exemptions to a few more areas from the purview of the ongoing lockdown including construction activities in rural areas,
The State needs to step up, urgently| Opinion – columns – Hindustan Times
The harrowing images of migrant workers desperate to go home, hours after Prime Minister Narendra Modi announced a 19-day extension to the nationwide lockdown on Tuesday,
Boeing restarting commercial airplane production next week | Deccan Herald
Boeing Co said it will resume commercial airplane production next week in Washington State after suspending operations last month in response to the COVID-19 pandemic.
DH Analysis: RBI’s 75 bps rate cut ineffective for now | Deccan Herald
The 75 basis points cut in the repo rate by the Reserve Bank of India (RBI) on March 27, seems to have failed in achieving
Oil climbs as Trump lays out reopening of coronavirus-hit US | Deccan Herald
Oil prices pushed higher Friday as President Donald Trump’s plan for a reopening of the virus-battered United States offset worries about a devastating supply shock
RBI allows NBFCs to extend DCCO for loans to commercial real estate by one year | Deccan Herald
The 75 basis points cut in the repo rate by the Reserve Bank of India (RBI) on March 27, seems to have failed in achieving
COVID-19, New Normal and India–Economic Times
By Prabir De The world is facing humanity’s biggest crisis since World War II. Almost every country has been affected by the devastating Coronavirus disease (COVID-19).
Fix accountability of firms for safety–Economic Times
With work set to resume at factories and in offices, it is imperative for all those who turn up for work to adhere to the
reverse repo rate: RBI measures will tempt banks to lend more: Keki Mistry – The Economic Times
Good announcements from the Reserve Bank of India. You cannot call it a really big bang announcement, but yes, constructive in the right direction. Yes, I
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