Clipped from: https://www.business-standard.com/article/current-affairs/hospitals-to-reap-the-benefits-of-rbi-s-health-care-liquidity-injection-121050601444_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 While top hospital chains reported an average borrowing cost of 9.8% in H1FY21, loans under the special RBI liquidity window for the health
Category: RBI–Banks
Banks want RBI to relax NPA norms for lockdown-stressed MSME sector | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/banks-want-rbi-to-relax-npa-norms-for-lockdown-stressed-msme-sector-121050700674_1.html Bankers request extension of NPA classification norms to 180 days from 90 days currently The MSME sector was already reeling under pressure and
Shaktikanta Das speech highlights: The emergency measures outlined by RBI Governor in unscheduled address – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/the-emergency-measures-shaktikanta-das-outlined-at-his-unscheduled-address-today/articleshow/82399785.cmsSynopsis Governor Das had been holding discussions with banks and NBFCs for some time about the ground situation on liquidity, credit flow and balance
RBI not to provide moratorium but restructuring 2.0 in place for borrowers – Check details – The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-not-to-provide-moratorium-but-restructuring-2-0-in-place-for-borrowers-check-details/2246095/ Those who had not availed the re-structuring 1.0 can now avail the re-structuring 2.0 if the loan amount is up to Rs 25
Here’s what else the RBI can do as pandemic rages on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/heres-what-else-the-rbi-can-do-as-pandemic-rages-on/articleshow/82428076.cmsSynopsis As regulator of the banking sector, the RBI can ease loan repayment rules, especially for sectors badly hit by the pandemic’s second wave
Majority of SMEs qualify for restructuring says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/majority-of-smes-qualify-for-restructuring-says-crisil/articleshow/82433645.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last fiscal, a third of these SMEs had cushioned their liquidity by availing of the RBI mandated six month moratorium on bank loans.
On hold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/on-hold/article34500577.ece?homepage=true FPIs are unlikely to return in strength until the Covid second wave ebbs and the economy stabilises Global liquidity, induced by monetary easing
Hospitals to reap the benefits of RBI’s health care liquidity injection | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hospitals-to-reap-the-benefits-of-rbi-s-health-care-liquidity-injection-121050601444_1.html While top hospital chains reported an average borrowing cost of 9.8% in H1FY21, loans under the special RBI liquidity window for the health
RBI’s Rs 50K cr liquidity facility can augment hospital bed capacity Crisil | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-rs-50k-cr-liquidity-facility-can-augment-hospital-bed-capacity-crisil-121050700688_1.html Reserve Bank’s Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20% as credit will be available
RBI lends a helping hand to lenders to the grassroots – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/rbi-lends-a-helping-hand-to-small-finance-banks/articleshow/82400621.cmsSynopsis RBI has allowed SFBs to classify fresh lending to MFIs with asset size of up to Rs 500 crore as priority sector lending
PSBs form ‘Alliance’ to provide door step banking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-form-alliance-to-provide-door-step-banking/articleshow/82433465.cmsSynopsis Besides public sector banks, two private sector lenders IDBI Bank and ICICI Bank were also shareholders in Cordex but will surrender their stake
PSBs will only lead bad bank, pvt banks also need to support it: SBI MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-will-only-lead-bad-bank-pvt-banks-also-need-to-support-it-sbi-md/articleshow/82434371.cmsSynopsis If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per
IDBI expects 2% of small borrowers to opt for recast – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/idbi-expects-2-of-small-borrowers-to-opt-for-recast/articleshow/82448203.cmsSynopsis IDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore at
RBI allows lenders to revamp MSME accounts under Covid-19 related stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/rbi-allows-lenders-to-revamp-msme-accounts-under-covid-19-related-stress/article34495597.ece The Reserve Bank of India (RBI) has allowed lenders to extend the facility for restructuring existing loans of micro, small and medium enterprises
Managing FX risks on imports – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/managing-fx-risks-on-imports/2247412/ While the premiums are, in general, higher than the average depreciation, they are substantially lower than the worst depreciation (to tenor) that we
SMEs: Why do they numerically dominate an economy despite heavy odds for their operations – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/smes-why-do-they-numerically-dominate-an-economy-despite-heavy-odds-for-their-operations/2246675/ SMEs emerge rapidly at varying rates, irrespective of times, and nations, primarily owing to locational influences, process influences, and market influences. Of late,
ECLGS 3.0: Hospitality MSMEs urge govt for changes in borrower status, calculation of outstandings, more – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/eclgs-3-0-hospitality-msmes-urge-govt-for-changes-in-borrower-status-calculation-of-outstandings-more/2247086/ Ease of Doing Business for MSMEs: The Finance Ministry had on March 31, 2021, introduced ECLGS 3.0 to cover enterprises in hospitality, travel
Roadmap for MSMEs’ survival amid Covid 2.0: What govt must immediately do to tackle impending setback – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/roadmap-for-msmes-survival-amid-covid-2-0-what-govt-must-immediately-do-to-tackle-impending-setback/2247439/ The government should abolish the mandatory requirement of CIBIL score for extending loan facility and instruct banks not to consider the past performance
RBI must not delegate – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-must-not-delegate/article34491794.ece Why ask IBA to compute loan relief amount? On March 27, 2020, the Reserve Bank of India notified the Covid-19 package to provide
Easing the pain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/easing-the-pain/article34491755.ece RBI has shown itself to be both proactive and prudent in its response to the second wave With the Centre hobbled by fiscal