Clipped from: https://economictimes.indiatimes.com The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore while
Category: RBI–Banks
Need urgency in implementation of policy to overcome present crisis: Ajay Piramal – The Economic Times
Clipped from: https://economictimes.indiatimes.com “How do we overcome the present crisis. Over the past several weeks, many policy announcements have been made, both for the short term
IBC news: IBC tweak challenges flagged – The Economic Times
Clipped from: https://economictimes.indiatimes.com Many lenders, particularly state-owned banks, are not in a hurry to initiate IBC proceedings. MUMBAI: The road towards changing the Insolvency & Bankruptcy Code
It is criminal not to give cash support to MSMEs: Rahul Gandhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com Gandhi has been calling for immediate financial support to the micro, small and medium enterprises (MSMEs) in the country, which employ a large
Why Moody’s downgrade is not a bolt from the blue but still not justified | Business Standard News
Clipped from: https://www.business-standard.com/ While this downgrade will not affect the sovereign as it does not borrow overseas, it will however affect Indian companies borrowing from abroad
Medium-term dynamics for India post Covid-19 lockdown – The Financial Express
Clipped from: https://www.financialexpress.com Shape of economic recovery will determine employment, debt and exchange rates. The immediate fiscal deficit dynamics and growth outcomes for India post Covid-19
A V-shaped economic recovery is certain, but for how long? – The Financial Express
Clipped from: https://www.financialexpress.com/ With the economy in bad shape even before Covid-19, and no large stimulus, even FY22 will be a low-growth year. Given the severity
MSMEs call govt’s decision for funding NPA accounts historic; hail approval to revised definition – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the
Extension of moratorium credit-negative for NBFCs: Moody’s – The Financial Express
Clipped from: https://www.financialexpress.com NBFCs manage their liquidity primarily by matching outflows — mainly debt repayments — with inflows from customer loan repayments. The extension of the
Changes needed to farm, MSME policy–Economic Times
Clipped from: https://economictimes.indiatimes.com The Cabinet decisions to operationalise the package of measures for the micro, small and medium enterprises (MSMEs) announced as part of the Atmanirbhar
Bank lending targets under Rs 20 trillion stimulus unfeasible: R Gandhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com Gandhi, who used to handle the banking regulation function at the central bank, said all the banks put together gave out incremental loans
msme new definition: MSME definition widened further to include firms with up to Rs 250 cr turnover – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ The Union Cabinet on Monday said it has approved and further revised the definition of MSMEs in the country. New Delhi: The Union
India’s budget target breach signals further blowout this year – The Economic Times
Clipped from: https://economictimes.indiatimes.com The government racked up a budget deficit of 4.6% of GDP in the fiscal year that ended in March. India missed its fiscal
Don’t cut direct stimulus fearing a debt overload. It can severely dent India’s economic recovery. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.comPrime Minister Narendra Modi promised a mammoth INR20 lakh crore stimulus — at 10% of the GDP — to resuscitate the economy. But the
Over one-third MSMEs start shutting shop as recovery amid Covid-19 looks unlikely: AIMO survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com The govt’s package has not reached the MSMEs and is also not enough to make up for the loss, a study said. About
Biggest challenge to put financial sector back on feet once India unlocks economy: Arvind Panagariya – The Economic Times
Clipped from: https://economictimes.indiatimes.com Getting the financial sector back on its feet will remain the government’s number one challenge, Panagariya said. NEW DELHI: The ‘number one’ challenge
No money to bring trucks back on road, pay EMIs: The lockdown burden could crush many transporters – ET Prime
Clipped from: https://prime.economictimes.indiatimes.comAfter the initial pleasantries, the disquiet in Sachin Jain’s voice on the other side of the call is obvious when asked about business volume.
msme new definition: New MSME definition pegs medium firms at turnover of Rs 250 cr, Cabinet approves Rs 50K crore equity infusion for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ The Union Cabinet on Monday said it has approved and further revised the definition of MSMEs in the country. The Union Cabinet on
Slowdown, then pandemic | Business Standard Editorials
Clipped from: https://www.business-standard.com GDP data shows virus hit an already weakened economy The National Statistical Office last Friday released its provisional estimates of gross domestic product (GDP) for
Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer – The Financial Express
Clipped from: https://www.financialexpress.com Budget 2020-21: Chidambaram said the government is facing shortfall in all forms of taxes – Rs 1.56 lakh crore in corporate tax, Rs
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