Clipped from: https://economictimes.indiatimes.com For MSMEs, the fall in revenue will be steeper at 17-21%, while Ebitda margin will shrink 200-300 bps to 4-5%. MUMBAI: The 5%
Category: RBI–Banks
Covid-19 impact: 42% start-ups, small biz out of funds or in shutdown stage | Business Standard News
According to a survey by LocalCircles, only 16% of start-ups and SMEs have the cash to survive for more than three months. Since the start
In poor health already, banks come under grip of Covid-19 pandemic | Business Standard News
Clipped from: https://www.business-standard.com/ Anaemic credit growth due to risk-averse borrowers; concerns over bad loan build-up resurface Due to the low credit offtake, banks are saddled with
After MSMEs, let’s focus on large stressed sectors | Business Standard Column
Clipped from: https://www.business-standard.com The Rs 3-trillion booster dose may help bring MSMEs back on the rails but to whom will they supply goods? It’s time to
Does RBI wants co-operative banks to wither away? – The Economic Times
Clipped from: https://www.thehindubusinessline.com Since India announced last month that it would temporarily suspend its insolvency law amid the pandemic, credit investors have grown concerned that some
Suspension of bankruptcy filings hits credit market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Since India announced last month that it would temporarily suspend its insolvency law amid the pandemic, credit investors have grown concerned that some
SC wants FinMin, RBI to meet in 3 days to decide on waiver of interest charged during moratorium – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Supreme Court, on Friday, asked the Finance Ministry and the Reserve Bank of India to hold a meeting within three days to
Interest waiver: SBI, IBA tell SC move may hit credit flows – The Financial Express
Clipped from: https://www.financialexpress.com Court relents, says its concern is only over ‘interest on interest’ Reinforcing the view taken by the banking regulator RBI, State Bank of India (SBI), the
IBC a game changer for financial institutions: Gopal Subramanium – The Economic Times
Clipped from: https://economictimes.indiatimes.com Subramanium was talking at a webinar titled- “COVID 19: Constitutional and Legal Conundrums”, which was organised by Bennett University’s School of Law on
Why India needs a new bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com For post-Covid recovery, banks must be free of their bad-loan burden. State Bank of IndiaNSE 1.13 % and the Indian Banks’ Association have once
Nitin gadkari: Planning to make MSME stock exchange and e-market place like Amazon: Nitin Gadkari – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com Micro, Small and Medium Enterprises Minister Nitin Gadkari attended ‘Mahabiz’ organised by Gulf Maharashtra Business Forum on June 12 via video-conferencing. While addressing
RBI: Waiver of interest charged during moratorium: SC asks Centre, RBI to hold meet in three days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ A bench of Justices Ashok Bhushan, S K Kaul and M R Shah said the question is not of waiver of complete interest
Need many more banks … need to fix governance in PSBs: Manish Sabharwal | Business News,The Indian Express
Clipped from: https://indianexpress.com Sabharwal said the binding constraint for companies is not labour, but to get back consumers, and the complete end of the lockdown. Manish
‘Retail loans approvals set to fall, defaults may rise’ | Business News,The Indian Express
Clipped from: https://indianexpress.com Cautioning about a rise in defaults, it said, “The inability of some consumers to pay their debts post the moratorium period ending is
Why the stimulus won’t work: Public sector banks are not equipped to implement Covid stimulus package–times of india
Clipped from: https://timesofindia.indiatimes.com The Centre’s recent stimulus package of Rs 20 lakh crore to tackle the economic disruption caused by the spread of the novel coronavirus,
Handholding banks must to execute MSME loan scheme; here’s what govt can do to address on-ground issues – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: While various stakeholders have appreciated the bold move to set up a fund of funds, it will stress
MSME NPAs to be a double whammy for small business sentiments; these added measures may get mojo back – The Financial Express
Clipped from: https://www.financialexpress.com/ Ease of Doing Business for MSMEs: The viability of the accounts should be worked out and their loan commitments should be rescheduled wherever
Bad bank may not be a potent option to address bad loan woes: CEA Krishnamurthy Subramanian – The Financial Express
Clipped from: https://www.financialexpress.com/ Subramanian said when a bank sells bad loans, it has to take a haircut because when Rs 100 goes bad, the actual amount
Why India should have a new bad bank–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/why-india-should-have-a-new-bad-bank/ The proposal for a new bad bank has been doing the rounds at least since 2018, but has stalled on the vital question
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