Clipped from: https://www.thehindubusinessline.com If the intention is to reduce the piling up of cases in court, a better way would be to restrict the usage of
Category: RBI–Banks
Getting back on track will be long and arduous: Collateral-free Mudra loans may not be enough – The Financial Express
Clipped from: https://www.financialexpress.com The corporate sector, he said, has greater staying power, but is not immune to the demand destruction that takes place because of the
50% of HFCs’ assets must be housing loans – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/new-draft-norms-50-of-hfcs-assets-must-be-housing-loans/1995108/ The proposed norms come months after the blowout at DHFL, where a chunk of retail loans were found to have been diverted to
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
There has to be an alignment of interest, says Arcil’s Vinayak Bahuguna | Business Standard News
Clipped from: https://www.business-standard.com ‘Banks form the majority of the lenders, and it would appear that they will push through whatever they think is fit for themselves
‘₹20-lakh crore stimulus package not final because Covid has not ended’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Swaminathan Gurumurthy, Director, Central Board, Reserve Bank of India Swaminathan Gurumurthy, Director, Central Board, Reserve Bank of India× Swaminathan Gurumurthy, Director, Central Board,
Financing revival through household gold | Business Standard Column
Clipped from: https://www.business-standard.com/ The expansion of base money through household gold will have a negative wealth effect on households, besides attracting a hidden tax or seigniorage
Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman–Business Standard
Clipped from: https://www.business-standard.com Govt likely to issue clarification to add more borrowers under ECLGS The banks also wanted the ministry to increase the scope of the
Covid crisis: MSMEs face existential crisis due to expected contraction in economy, says Crisil–Financial Express
Clipped from: https://www.financialexpress.com “The 5% contraction in the Indian economy expected by CRISIL this fiscal — wrought by the Covid-19 pandemic — will significantly hurt MSMEs
Govt’s fiscal stance pushing economy into further decline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com In a bid to manage the fiscal deficit, the Centre significantly reduced its public expenditure. However, this contracted aggregate demand at a time
Adjudication must be completed in prescribed time limit, says expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/adjudication-must-be-completed-in-prescribed-time-limit-says-expert-120061501284_1.html If adjudication is not completed within the prescribed time limits, it will be deemed that no SCN was issued, say expert The Taxation
Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com Govt likely to issue clarification to add more borrowers under ECLGS The banks also wanted the ministry to increase the scope of the
Moratorium: Banks oppose waiver of loan interest – The Economic Times
Clipped from: https://economictimes.indiatimes.com Moratorium: Banks oppose waiver of loan interest The RBI had announced the moratorium, which ends August 31, to protect borrowers hit by the
Microfinance firms poised for consolidation after Covid-19-induced lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ There are 96 MFIs with less than Rs 200 crore in loans outstanding that together have a total loan portfolio of about Rs
MSMEs face existential crisis, revenue to fall a fifth: Report – The Economic Times
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%
Small, medium size realtors’ FY21 revenue growth may halve, report – The Economic Times
Clipped from: https://economictimes.indiatimes.com The 5% contraction in the Indian economy as expected by CRISIL this fiscal – wrought by the Covid-19 pandemic – will significantly hurt
MSMEs face existential crisis, revenue to fall a fifth: Report – The Economic Times
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%
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
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