The corona crisis has highlighted the criticality of social infrastructure. India must monetise existing assets in the public sector to fund growth-enhancing investments in physical
Category: RBI–Banks
MSMEs seek clarity on salary payments, details of package | Business News,The Indian Express
About 63 per cent of the pending dues for MSMEs are from the state governments and their undertakings. AIMO said the states have often cited
The government slipped in not focusing on demand – analysis – Hindustan Times
Direct income support, monitored to prevent leakages and misappropriation, remains the ideal way out Avishkar Singhvi All incentives must be employment- and fixed-cost-oriented. Millions of
Govt to further revise criteria for classifying ‘medium’ enterprises under MSME definition: Gadkari | Deccan Herald
Days after changing the definition of MSMEs, the government has decided to further revise the criteria for medium units by enhancing the investment and turnover
What India needs right now is a programme to help the destitute | Business Standard Column
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been
MSME: Retailers seek MSME tag to get some Govt support – The Economic Times
MSME borrowers with up to Rs 25 crore outstanding and Rs 100 crore turnovers will be eligible for the emergency credit line to their businesses
Govt thinks it knows better than any economist in the world: P Chidambaram – The Economic Times
I have not come across one economist who says liquidity acts on the demand side.’ Lower middle class families have started to borrow. Now families
RBI moratorium extension news: RBI should allow one-time loan restructuring instead of moratorium extension: Amitabh Chaudhry – The Economic Times
‘The survival and recovery phase will definitely take a lot time’ No one wants to not lend. Ultimately we are in the business of collecting
India’s ‘mammoth’ COVID-19 package much smaller than it seems, says Fitch Solutions – The Economic Times
The rating agency said a seeming reluctance for fiscal expansion by the central government amid the COVID-19 crisis in India also poses a significant downside
Nine NBFCs surrender certificate of registration – The Economic Times
The certificate of registration is granted by the RBI. With surrendering the certificates, the companies cannot transact the business of a non-banking financial institution. In
Barclays pegs $20 billion current account surplus in FY21 – The Economic Times
The last time the country had a current account surplus was in the first quarter of 2006-07, again due to the cheaper crude, according to
You cannot allow rating agencies to decide policy: P Chidambaram – The Economic Times
‘If need be, monetise part of the fiscal deficit, print money. There is a sovereign right’ You dug a hole, you are digging a deeper
One-year IBC suspension plan leaves banks in a fix – The Economic Times
A one-year blanket suspension of new cases under the Insolvency Code has surprised bankers. MUMBAI: A one-year blanket suspension of new cases under the Insolvency
India startups | Covid-19 impact: India’s startups story hanging by a thread
The worst hit segments are early and mid-stage businesses, especially in B2C space. The Nasscom survey says around 60% of all B2C companies are facing
Should MFs call for direct RBI support? – The Hindu BusinessLine
It is unfair to expect RBI to rescue select funds — favoured by HNIs — who have only themselves to blame for their crisis Franklin
Blanket one-year ban on fresh insolvency under IBC: A boon for corporates, but huge burden for banks – The Hindu BusinessLine
Unless the RBI offers dispensation on recognition of defaults or one-time restructuring, banks could face immense pressure going ahead In a bid to offer respite
New-look inter-creditor agreement on the cards as IBC process suspended | Business Standard News
The Indian Banks’ Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight Under the current arrangement when
‘Talk to experts to make self-reliant slogan work’ | Business Standard Column
For manufactured products, the stated policy since the 1950s was to allow imports of only the goods that were not being made in India in
Unemployment rate remains at 24%, but hard times ahead for labour | Business Standard Column
The small relaxations in the lockdown since April 20 have not had any positive impact on the unemployment rate, yet The unemployment rate remained stable
The impact of the Covid epidemic | Business Standard Column
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been
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