Clipped from: https://economictimes.indiatimes.com “State governments, their ministries and public sector undertakings, Government of India, its ministries and undertakings, and major industries combined owe an estimated Rs
Category: RBI–Banks
Banks may need capital for provisions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Bankers say that the RBI may have to tweak rules that demand provisioning if the existing promoters are retained after a loan restructuring.
No case to stop voluntary insolvency–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/no-case-to-stop-voluntary-insolvency/ The move to hold the Insolvency and Bankruptcy Code (IBC) in abeyance for one year on account of Covid-19 has an unintended consequence.
Stimulus calls for a bond–market–Economic Times
Clipped from: https://economictimes.indiatimes.com The Centre needs to provide focused policy attention for an active and vibrant corporate bond market, so as to raise long-term funds for
RBI extends EMI moratorium for another three months on term loans. Here’s what it means for borrowers – The Economic Times
Clipped from: https://economictimes.indiatimes.com The earlier deadline of three-month EMI moratorium was ending at May 31, 2020. The Reserve Bank of India (RBI) announced an extension of the moratorium
20 million back in the job in May as lockdown eases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ According to CMIE, increasing labour participation rate (LPR) week after week in May, touching 38.8% for the week ended May 17, shows that
India facing its worst recession in current fiscal, says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com In the past 69 years, India has seen a recession only thrice, in fiscals 1958, 1966 and 1980. NEW DELHI: India’s fourth recession since independence,
Export units may tap credit facility offered to MSMEs – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com The emergency credit facility was announced by finance minister Nirmala Sitharaman on May 13 as a part of the first tranche of the
Centre’s Covid response ticks all boxes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The stimulus package addresses demand and supply issues, while boosting production to help India be part of global supply chains Cutting one’s coat
80% MSMEs in Sonipat hub await their turn to open | Business Standard News
Clipped from: https://www.business-standard.com The first of a five-part series captures the restlessness of workers in Haryana’s industrial clusters struggling to restart operations Before the lockdown, workers
Major industries, govt agencies owe about Rs 5 lakh cr in outstanding dues to MSMEs: Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/ The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45
MSME definition to be widened further, here’s what Centre planning – The Financial Express
Clipped from: https://www.financialexpress.com/ Days after announcing a new set of criteria to define micro, small and medium enterprises (MSMEs) on which various official benefits will be
Medium company turnover limit may be doubled for MSME benefits – The Economic Times
Clipped from: https://economictimes.indiatimes.com Finance minister Nirmala Sitharaman had on May 13 announced a new definition for MSMEs as part of the ₹20 lakh crore economic stimulus
Deficit monetisation: Is it really as simple as RBI printing more money? – The Economic Times
Clipped from: https://economictimes.indiatimes.com India has a comfortable foreign exchange reserves of $487 billion currently. The Indian economy is passing through an unprecedented phase, and so is
HDFC Q4 results: Profit drops 22% YoY to Rs 2,233 crore; firm announces dividend of Rs 21 per share – The Economic Times
Clipped from: https://economictimes.indiatimes.com Profit fell as dividend income received during the quarter was mere Rs 2 crore. NEW DELHI: HDFC on Monday reported a 21.97 per cent year-on-year
अटळ संकटाच्या खाईत – -महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com विधान परिषदेवर राज्यपालनियुक्त सदस्य म्हणून उद्धव ठाकरे यांना पाठविण्यास राज्यपालांनी नकार दिल्यानंतर जे रामायण घडले, त्यानंतर रविवारी प्रथमच मुख्यमंत्री उद्धव ठाकरे यांनी केंद्र
Loan moratorium set to worsen shadow banking crisis | Deccan Herald
Clipped from: https://www.deccanherald.com India’s NBFC sector, which has been reeling under stress since the collapse of IL&FS in September 2018, may see the health of many
Strong fiscal measures needed | Deccan Herald
Clipped from: https://www.deccanherald.com/ RBI Governor Shaktikanta Das addresses a press conference on the measures to ease the financial stress caused due to coronavirus pandemic, in New
RBI alone can’t anchor COVID-infected economy | Deccan Herald
Clipped from: https://www.deccanherald.com/ The Reserve Bank of India (RBI) has yet again cut the key policy interest rate – the repo — to 4% last week,
Government to exempt coronavirus-related debt of companies from insolvency law ambit – The Economic Times
Clipped from: https://economictimes.indiatimes.com Procedural violations under the Companies Act, such as shortcomings in corporate social responsibility reporting, inadequacies in board reports, filing defaults and delay in
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