Category: RBI–Banks

Clipped from: https://economictimes.indiatimes.com “The entire effort of the government and the RBI is to revive the growth in the economy and at the same time recognising

Clipped from: https://economictimes.indiatimes.com RBI governor Shaktikanta Das today said that GDP growth would likely remain negative in 2020-21. Lending credence to the dire forecasts rating agencies

Clipped from: https://economictimes.indiatimes.com The good thing about the monetary policy change is the signal that this is not the time to fret about inflation. While the

Clipped from: https://economictimes.indiatimes.com The 100% guarantee scheme at a concessional rate of 9.25% for MSMEs under the Rs 3 lakh crore scheme was the second-biggest component

Clipped from: https://economictimes.indiatimes.com ​​In politics, as in business, the biggest risk could well be not taking one. Why is GoI so afraid to spend? At first,

Clipped from: https://www.deccanchronicle.com  Though Prime Minister Narendra Modi has grandly announced about Rs 20 lakh crores worth stimulus package to support a wavering economy, the analysis

Clipped from: https://www.business-standard.com RBI acknowledges economy will contract in the current fiscal even as independent experts have already assessed so. RBI The Reserve Bank of India’s

Clipped from: https://economictimes.indiatimes.com The maximum permissible period of pre-shipment and post-shipment export credit sanctioned by banks is increased from the existing one year to 15 months,

Clipped from: https://economictimes.indiatimes.com For banks, the extension of moratorium by another three months has two sides. The 40bps repo rate cut was the need of the

Clipped from: https://economictimes.indiatimes.com The Governor also announced the further extension of three months for the deferment of interest on working capital facilities. Providing further relief to

Clipped from: https://economictimes.indiatimes.com/ According to Jaxay Shah, Chairman, CREDAI National, the RBI’s preponed monetary policy announcements to tackle covid-19 are short term piecemeal solution for a

Clipped from: https://economictimes.indiatimes.com The RBI has projected negative growth with a pick up in growth impulses in second half. The RBI Governor Shaktikanta Das announced a slew of measures aimed

Clipped from: https://economictimes.indiatimes.com The RBI in its announcement added that in order to ameliorate the difficulties faced by borrowers in repaying the accumulated interest for the

Clipped from: https://economictimes.indiatimes.com ‘Banks won’t be blamed as we are going to take the loss’ Economic package includes all companies for bank loan facility despite size and

Clipped from: https://www.thehindubusinessline.com/ Our Bureau The banking sector may see the beginning of a new non-performing asset (NPA) cycle, with the pandemic likely to drive banks’