Clipped from: https://www.business-standard.com/article/companies/lenders-looking-to-enforce-guarantees-of-former-promoters-of-aircel-121070100975_1.html Maxis gave Rs 12,000 cr guarantees to SBI Lenders of Aircel Ltd are looking at the option to invoke the corporate guarantees given by the
Category: RBI–Banks
Yield to the market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/yield-to-the-market/article35041261.ece RBI’s yield curve management is keeping borrowing rates in check, but there could be negative fallouts The Reserve Bank of India’s ongoing battle
A kind of relief | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/centre-coronavirus-second-wave-stimulus-nirmala-sitharaman-7381809/ Centre leans heavily on credit guarantees to aid the economy. Direct demand side support remains minimal. The actual fiscal outgo on account of
In stimulus, the helping hand: FM’s policy of guaranteed loans to urban poor is superior to other welfare schemes
Clipped from: https://timesofindia.indiatimes.com/blogs/et-commentary/in-stimulus-the-helping-hand-fms-policy-of-guaranteed-loans-to-urban-poor-is-superior-to-other-welfare-schemes/ Among proposals announced by FM Sitharaman on Monday, an important element is the credit guarantee scheme to incentivise microfinance institutions (MFIs) to lend
FX reserves strong enough to absorb shocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fx-reserves-strong-enough-to-absorb-shocks/article35041329.ece?homepage=true But the RBI, in its urge to maximise returns, should not invest the forex reserves in risky market instruments India today has above
Some credit support, but little stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/some-credit-support-but-little-stimulus/2280137/ Additional spending may be just a tenth of headline number; credit guarantee will help small businesses & Covid-hit sectors One appreciates the government’s
RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-in-a-bind-amid-weak-growth-surging-inflation-may-not-hike-rates-till-q1-fy23-report/articleshow/83952481.cmsSynopsis The central bank may hike the repo rate only by the first quarter of next fiscal (April-June 2022) and continue to maintain the
Economists doubt India’s new loan guarantees will boost growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/economists-doubt-indias-new-loan-guarantees-will-boost-growth/articleshow/83942444.cmsSynopsis Industry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be sufficient
Onus on banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onus-on-banks/article35023455.ece?homepage=true Renewed credit push to informal sector welcome, but banks need to shed conservatism for the proposals to work The Centre’s credit-driven push to
The credit push | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-credit-push-121062801488_1.html Relief package is well-intentioned but won’t move the needle much Union Finance Minister Nirmala Sitharaman on Monday announced another set of measures to provide relief
Nirmala Sitharaman Announcements today: Expanded ECLGS, tourist visa, Atmanirbhar jobs among FM Nirmala Sitharaman’s new stimulus measures – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/nirmala-sitharaman-announces-eight-economic-relief-measures-among-others/articleshow/83916894.cmsSynopsis Union Finance Minister Nirmala Sitharaman addressed a press conference on Monday announcing eight economic relief measures, four of which are new including one
Start-ups raise $8 b in 5 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/start-ups-raise-8-b-in-5-months/article35006521.ece Investors continue to place bets on tech, retail and financial services: GlobalData Indian start-ups mobilised as much as $8.1 billion venture capital (VC)
Sustaining the nascent economic recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sustaining-the-nascent-economic-recovery/article35004715.ece Response to RBI’s liquidity stimulus has not been encouraging so far. It’s time for banks and private sector to push investments India is
PNB Housing’s wait for capital gets longer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnb-housings-wait-for-capital-gets-longer/articleshow/83902674.cmsSynopsis The proposal to raise Rs 4,000 crore in a share sale structure that aimed to balance the need for funds to grow and
Extension of directions, a setback to depositors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/extension-of-directions-a-setback-to-depositors/article35003374.ece?homepage=true The delay in accessing money is causing them a lot of anxiety amid the pandemic The extension of directions on scam-hit Punjab and
What’s in store for PMC depositors | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-s-in-store-for-pmc-depositors-121062700789_1.html They will probably get their money back through staggered payments, and part of it can be converted into equity. Hundreds of employees of
Let’s step back from the NPA Scare | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/let-s-step-back-from-the-npa-scare-121062800012_1.html Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts An “NPA Scare” is
A sharp turnaround | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-sharp-turnaround-121062800008_1.html India Inc remains cautious after a robust Q4 performance The results of 1,757 listed companies that have declared their results for the fourth
A stitch in time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-stitch-in-time/article35004562.ece RBI’s norms for NBFC dividend payouts may not have an immediate impact, but signal emerging stress In line with its stated objective of
A stitch in time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-stitch-in-time/article35004562.ece RBI’s norms for NBFC dividend payouts may not have an immediate impact, but signal emerging stress In line with its stated objective of