Clipped from: https://economictimes.indiatimes.com/small-biz/legal/pandemic-provides-unique-opportunity-to-expand-business-by-acquiring-distressed-assets/articleshow/77282627.cmsSynopsis In this ‘new normal’, deal making in distressed assets is a beacon of hope for the sluggish economy to create synergies and economies
Category: RBI–Banks
Number of women bank borrowers treble in six years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/number-of-women-bank-borrowers-treble-in-six-years/articleshow/78017601.cmsSynopsis Besides loans for agriculture, these loans are essentially for small businesses, kirana stores, food stall, catering, self employment or even home and vehicle
‘MSMEs must have contingency planning’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/msmes-must-have-contingency-planning/article31925864.ece X Arokianathan, Past Co-Convenor, MSME Panel, Confederation of Indian Industry-Tamil Nadu. X Arokianathan, Past Co-Convenor, MSME Panel, Confederation of Indian Industry-Tamil Nadu.× In
In India, individual investors are guinea pigs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Depositors of Punjab and Maharashtra Co-operative Bank protest outside the RBI headquarters in Mumbai, demanding the return of their entire money and revival
India needs to turn Covid into an opportunity for MSMEs to flourish – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ View: India needs to turn Covid into an opportunity for MSMEs to flourish Even pre-pandemic and lockdown(s), MSMEs were plagued by low competitiveness.
EMI Moratorium: Banks a tad cautious in round two – status so far – The Financial Express
Clipped from: https://www.financialexpress.com Bank of India, which has provided a moratorium to 41% of its customers, said borrowers are choosing to pay up. By Ankur Mishra
HC queries Centre, RBI on treatment to PMC Bank depositors from YES Bank | Business Standard News
Clipped from: https://www.business-standard.com The Delhi HC has directed the RBI and the Centre to explain as to how the depositors of scam-hit Punjab and Maharashtra Cooperative
What Rs 50,000-crore MSME Fund can learn from its start-up sister | Business Standard News
Clipped from: https://www.business-standard.com The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there’s plenty it can learn from problems with the Rs
Payments made via Google Pay fully protected: NPCI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Our Bureau Google Pay operates under the UPI framework of the National Payments Corporation of India and is classified as Third Party App
Centre looking at one-time loan rejig plan for non-MSME businesses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Union Finance Minister Nirmala Sitharaman – PTI Union Finance Minister Nirmala Sitharaman – PTI× Govt in talks with RBI to work out a
‘Access to funds a major challenge for MSMEs’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com International MSME Day 2020 is more of a sombre occasion requiring introspection instead of celebration. The pandemic has thrown the world economy into
Moratorium hides asset health of PSBs, helps banks post lower NPAs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/moratorium-hides-asset-health-of-psbs-helps-banks-post-lower-npas-120062600028_1.htmlCanara Bank and Punjab National Bank have up to 30 per cent of their loan book under moratorium The results of public sector banks (PSBs) for
Just the first step | Business Standard Editorials
Clipped from: https://www.business-standard.com/ Co-operative banks need intervention at multiple levels The Union Cabinet on Wednesday decided to issue an Ordinance to give more powers to the Reserve
One-time loan recast for India Inc may come up at Friday’s RBI board meet | Business Standard News
Clipped from: https://www.business-standard.com The virtual meeting of the central board will be its first since the outbreak of Covid-19 Finance Minister Nirmala Sitharaman said on Thursday
Managing bad loans | Business Standard Editorials
Clipped from: https://www.business-standard.com Bank balance sheets would need to be quickly repaired The economic disruption caused by Covid-19 is likely to push up non-performing assets (NPAs)
RBI comes to the rescue of online borrowers! Make sure your bank is following these new instructions – The Financial Express
Clipped from: https://www.financialexpress.com For the loans sourced by banks and NBFCs over digital lending platforms, the RBI has asked them to adhere to Fair Practices Code
Cooperative banks to be brought under RBI supervision – The Economic Times
Clipped from: https://economictimes.indiatimes.com The Union Cabinet approved inclusion of co-operative banks under supervisory powers of the Reserve Bank of India, while announcing a Rs 1,542 crore
RBI may review extra-provisioning norms of June 7 circular | Business Standard News
Clipped from: https://www.business-standard.com Terms on upgrade of accounts also likely to be tweaked as the central bank’s June 7 circular may get a relook Well-placed sources
Surge in deposits to put pressure on banks’ net interest margins – The Economic Times
Clipped from: https://economictimes.indiatimes.com Surge in deposits to put pressure on banks’ net interest margins NIM, or the differential between interest earned and spent, may narrow 10-15
Loan moratorium: Let the banks decide on interest – The Financial Express
Clipped from: https://www.financialexpress.com SC wrong to say govt & RBI should fix issue of interest The Supreme Court (SC) has rightly ruled out the possibility of
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