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
Category: RBI–Banks
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
How the RBI’s proposed regulatory changes for housing finance companies will impact players – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ To bring in clarity over what constitutes ‘housing finance’, address concerns over the conflict of interest arising out of lending and investments in
Credit growth will come from retail, MSMEs: SS Mallikarjuna Rao, PNB MD | Business Standard News
Clipped from: https://www.business-standard.com/ “MSMEs are working hard to come back to normalcy. We expect a robust comeback from them in October, particularly in some sectors” In
Mortgage norms: Tightened or relaxed? | Business Standard Column
Clipped from: https://www.business-standard.com From 50 per cent, a home finance firm’s exposure to retail loans will go down to 37.5 per cent. Instead of a floor
Supreme Court: Consider interest waiver during moratorium – The Financial Express
Clipped from: https://www.financialexpress.com Earlier, the RBI had also informed the SC that any “forced” interest waiver on loan moratorium will risk financial viability and hurt banks
Unravelling the surge in India’s forex reserves – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Higher FDI and external commercial borrowings have been able to counter the negative FPI flows in FY20 One of the biggest positives for
Housing Ministry, SIDBI sign MoU for special micro-credit facility for street vendors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Ministry of Housing and Urban Affairs (MoHUA) and Small Industries Development Bank of India (SIDBI), on Friday, signed an MoU to engage
‘Uncertainty looming over Covid crisis bottoming out for MSMEs to assess need for more govt stimulus’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Banks will provide subordinate debt to MSME promoters to enable capital infusion. This will strengthen the net-worth
NPAs in corporate loans now under control, says SBI’s Rajnish Kumar | Business Standard News
Clipped from: https://www.business-standard.com Kumar said that not many borrowers were keen to take advantage of the scheme due to its cost implications Speaking on the issue
Housing finance players say RBI draft regulations provide clarity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Housing finance players have said the draft guidelines issued by the Reserve Bank of India for regulating the sector is in line with
Boosting securitisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The RBI’s draft frameworks on securitisation of assets draw on global best practices The RBI’s recent draft frameworks on securitisation of standard assets
‘Uncertainty looming over Covid crisis bottoming out for MSMEs to assess need for more govt stimulus’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Banks will provide subordinate debt to MSME promoters to enable capital infusion. This will strengthen the net-worth
Covid recovery for MSMEs to be long haul; revenue likely to fall a fifth in FY21 for small businesses – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: In comparison to India Inc, which is headed towards around 15 per cent decline in revenue, MSMEs are
Covid impact: Job losses, pay cuts leading to surge in home loan defaultsThe Economic Times
Clipped from: https://economictimes.indiatimes.com Covid impact: Job losses, pay cuts leading to surge in home loan defaults IMGC guarantees 20% of the loan amount which covers EMIs
MSMEs confident on business outlook despite pandemic impact: Survey – The Economic Times
Majority of the films felt that the impact of Covid on earnings could be between 20-50% while more than 62% of the businesses felt that
retail loan: Fears about India retail loan defaults overblown, Macquarie says – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI has allowed borrowers to delay monthly payments on their loans until the end of August. The volume of Indian loans subject to moratorium is
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