Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/monetary-policy-runs-out-of-steam/articleshow/83244066.cmsSynopsis The government should understand that it is the prime mover. RBI’s liquidity measures, expansive and innovative as they have been, have only served
Category: RBI–Banks
RBI monetary policy: Pursuing growth in times of high inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-monetary-policy-pursuing-growth-in-times-of-high-inflation-121060500031_1.html The RBI officials stated the MPC believes that inflation is ‘not persistent’ and that there is ‘no thinking’ about policy normalisation Unlike the
Do not politicise GST Council: Finance Minister Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/do-not-politicise-gst-council-finance-minister-nirmala-sitharaman-121060500003_1.html The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with
A monetary policy of continuity with change | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-monetary-policy-of-continuity-with-change-121060401404_1.html This time, RBI’s rate-setting body is not only talking about sustaining growth but also reviving it The no-action, status-quo monetary policy of the Reserve Bank of
MPC cuts real GDP projection by 100 basis points to 9.5% for FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/mpc-cuts-real-gdp-projection-by-100-basis-points-to-95-for-fy22/article34723638.ece?homepage=true High international commodity prices, logistics costs prompts RBI to up its projection for CPI inflation The Monetary Policy Committee (MPC) has cut its
Central bank’s helping hand with liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/central-banks-helping-hand-with-liquidity/article34730010.ece?homepage=true Opening up the restructuring window to exposures up to ₹50 crore will help a number of self-employed businesses The Monetary Policy Committee (MPC)
Difficult balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/difficult-balance/article34729915.ece?homepage=true An accommodative policy is inevitable, but the RBI has to be wary of the inflation monster The Monetary Policy Committee’s decision to maintain
RBI’s not-so-transparent FX market moves – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-not-so-transparent-fx-market-moves/article34729891.ece?homepage=true Aggressive dollar/rupee swaps have misaligned interest differentials and made forex inflows by way of carry trades more attractive As widely expected, the MPC
RBI doubles exposure threshold to ₹50 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-increases-exposure-threshold-for-resolution-framework-20/article34723859.ece?homepage=true Move to help MSMEs, small businesses, personal loan borrowers tide over the pandemic To expand the coverage of the Resolution Framework 2.0, the
RBI opens ₹31,000-cr tap for MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-opens-liquidity-tap-for-banks-to-lend-to-contact-intensive-sectors/article34723941.ece?homepage=true Aid mainly for contact-intensive sectors; leaves repo rate unchanged; trims FY22 GDP growth forecast to 9.5% Even as it left the policy repo
Slow and steady the way to Go, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/slow-and-steady-the-way-to-go-rbi/articleshow/83214440.cmsSynopsis IL&FS, Dewan Housing Finance, HDIL — NBFCs have put up scandalous performance, creating a climate that legitimises drastic action, even makes its absence
P Chidambaram’s 5-point guide for Modi govt on how to fix Covid-battered economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/p-chidambarams-5-point-guide-for-modi-govt-on-how-to-fix-covid-battered-economy/articleshow/83215411.cmsSynopsis he unemployment rate that was 5.48% in June 2018 has once again spiked to 11.86%. The Labour Force Participation Rate has fallen from
Micro lenders face rating downgrade risk amid second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/micro-lenders-face-rating-downgrade-risk-amid-second-wave/articleshow/83214875.cmsSynopsis Any such possible downgrades will likely raise MFIs’ funding costs compounding the problem of asset-liability mismatch at a time when collection efficiencies have
IBC review likely to keep promoters out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/ibc-review-likely-to-keep-promoters-out/articleshow/83223260.cmsSynopsis The government will examine the Insolvency and Bankruptcy Code (IBC) to stop defaulting promoters from wresting back control of companies by exploiting apparent
More lenders opting for settlement offers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/more-lenders-opting-for-settlement-offers/articleshow/83223054.cmsSynopsis Lenders to debt-laden companies are increasingly opting for negotiated settlements with the defaulting borrowers as the absence of time-bound resolutions, significant haircuts on
The puzzle of the surge in currency-in-circulation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-puzzle-of-the-surge-in-currency-in-circulation/2264691/ We are perhaps looking at a scenario where high unemployment and high inflation coexist, like in the 1970s There may also be cases
Extended lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/extended-lifeline/article34719958.ece ECLGS is a useful lifeline to stressed borrowers, but its expanding scope calls for checks and balances As the Centre weighs the need
Multiple petitions in SC for contempt of court proceedings against RBI Governor, others–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/multiple-petitions-filed-in-sc-for-contempt-of-court-proceedings-against-rbi-governor-others/story/440379.html The petitioners — M/s Azeez Trading Company, Umrazz Trading Corporation, Ajay Hotel and Restaurant, Latur, Maharashtra — have filed their plea through lawyer
Govt widens scope of Emergency Credit Scheme to help small businesses–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/covid-19-impact-govt-widens-scope-of-emergency-credit-scheme-for-small-businesses/story/440375.html The govt widened the net of the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS), which will now provide concessional loans
Startup India: 5.5 lakh jobs created under PM Modi’s pet scheme so far; 1.7 lakh in FY21 alone–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/recognised-startups-created-17-lakh-jobs-in-fy21-says-centre/story/440764.html A total of 743 startups were recognised in 2016-2017, in the first year of the initiative, which has now increased exponentially to over
aniltikotekar4sme.com 