Clipped from: https://economictimes.indiatimes.com GoI has sedulously avoided direct disbursements to wage labourers who have no jobs and no recourse. In his 1776 magnum opus, An Inquiry
Category: RBI–Banks
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default–Business Today
Clipped from: https://www.businesstoday.in/ On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But
Krishnamurthy Subramanian: ‘Significant uncertainty about growth … after Spanish flu, recovery was V-shaped’ | Business News,The Indian Express
Clipped from: https://indianexpress.com/ Chief Economic Adviser Krishnamurthy Subramanian said it is difficult to make a reliable estimate on growth given the kind of uncertainty resulting from
Add trust and transparency to NBFC financing in India–Times of India
Clipped from: https://timesofindia.indiatimes.com/ In 2008, because the lending institutions were raising capital through securitization, the investors of ABS instruments went down with the lenders. In the
India can recover from the recession. Here is a plan | Analysis – analysis – Hindustan Times
Clipped from: https://www.hindustantimes.com Unveil a construction plan, develop a niche in exports, boost Indian brands, allocate another 2% of the GDP MK Rasgotra and Vishnu KirpalaniThe
Protect bankers’ interest for free flow of credit to small firms: Seshagiri Rao – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Seshagiri Rao, Joint MD, JSW Steel (file photo). – THE HINDU Seshagiri Rao, Joint MD, JSW Steel (file photo). – THE HINDU× Banks
msme stimulus package: 44% MSMEs feel stimulus package not good enough – The Economic Times
Clipped from: https://economictimes.indiatimes.com Forty four per cent of respondents said the relief measures announced by the government earlier this week did not meet expectations and 86%
IBC deferral plan and absence of loan rejig put banks in a fix – The Economic Times
Clipped from: https://economictimes.indiatimes.com Unlike the meltdown of 2008-09, Covid-19 has impacted a far higher number of industries. MUMBAI: Banks are in a quandary over the resolution
A survival-of-the-fittest approach towards MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The structuring of their relief package suggests that the Centre is only keen to ensure the sustenance of somewhat large and viable MSMEs
Lockdown 4.0: Not looking for dole, need better policies, say Meerut MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economic-revival/lockdown-4-0-not-looking-for-dole-need-better-policies-say-meerut-msmes-120052801729_1.html The fourth of a five-part series looks at the situation in the industrial heartland of Western UP where firms prefer GST refunds, supportive
Do borrowers have any rights? | Business Standard Column
Clipped from: https://www.business-standard.com Can the bank take shelter under the omnibus problems caused by the Covid-19 crisis to indiscriminately cut down on the sanctioned credit limits
Rs 20 lakh crore Covid-19 relief package: Missing demand – The Financial Express
Clipped from: https://www.financialexpress.com/ The package has a large role for RBI, with 40% of the amount mentioned being provided as liquidity by the central bank. What
Blanket ban on recovery impractical, say bankers – The Economic Times
Clipped from: https://economictimes.indiatimes.com Despite the government announcement of Covid-related delinquencies not being treated as a default, it would be impractical to provide a blanket protection against
PNB Housing: PNB Housing Finance takes over Vipul Ltd Project after default – The Economic Times
Clipped from: https://economictimes.indiatimes.com The lender had sent a notice to the Bombay Stock Exchange listed developer in February, demanding repayment of the loan given against its
SBI ready with micro market plan, soft launch on June 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com State Bank of India (SBI) is all set to activate its micro market vertical from June to raise its stake with the bottom-of-the-pyramid
Law or no law, deficits keep getting monetised–Times of India
Clipped from: https://timesofindia.indiatimes.com A report in the 27th May edition of Times of India says that the union government is considering the option of getting the Reserve
Coronavirus Lockdown: Why Rs 5,000 crore credit facility for street vendors may fall short | Deccan Herald
Clipped from: https://www.deccanherald.com Financial relief in the form of loans is unlikely to work for a majority of street vendors The urban landscape in India will
MSME loans: Eligible MSMEs to get offer of pre-approved loan under Rs 3 lakh crore relief package – The Economic Times
Clipped from: https://economictimes.indiatimes.com It seeks to provide much-needed relief to the MSME sector by incentivising lending institutions to provide additional credit of up to Rs 3
Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 yrs: Fitch – The Economic Times
Clipped from: https://economictimes.indiatimes.com The impact of forced lending on banks’ impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), depending on the severity
Indian economy to contract 5% in FY21, says S&P assuming COVID-19 peak by third quarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com S&P Global Ratings forecast Indian economy to contract 5 per cent in the current fiscal. S&P Global Ratings on Thursday said the Indian economy will
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