Clipped from: https://www.financialexpress.com/ The measures include establishment of a national trade network (NTN), improving information flow and making customs processes and IT systems more efficient. The
Category: RBI–Banks
Credit flow: Rs 4L crore reverse repo funds sanctioned as loans – The Financial Express
Clipped from: https://www.financialexpress.com RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route. Sanctioned loans account for well over a half
Business leaders optimistic of economic revival in 6-9 months – The Economic Times
Clipped from: https://economictimes.indiatimes.com The positives and silver lining in the current COVID-19 and economic slowdown were identified and elucidated at a webinar on ‘New Normal: Impact
Even before Covid, economy was slumping – The Economic Times
Clipped from: https://economictimes.indiatimes.com The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed
Fiscal deficit widens to 4.6% of GDP in 2019-20 – The Economic Times
Clipped from: https://economictimes.indiatimes.com As per CGA data, the FY20 fiscal deficit worked out to be 4.59% of the GDP, while the revenue deficit was 3.27%. NEW
Should we fear post-pandemic inflation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Inflation could well go through a yo-yo effect, as is already happening with other economic indicators. It’s not just the usual inflation alarmists. Many people
Pinch of cost: Pandemic may claim half of standalone restaurants. Why franchises can dodge it. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.com The worst phase of the longest lockdown may be behind us, but it has a loud message for the food and restaurant industry
Why India needs to put cash in the hands of the poor – The Economic Times
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
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