Prime Minister Narendra Modi’s promise of a Rs 20 lakh crore stimulus, to nurse India’s stricken economy back out of the ICU, certainly grabbed headlines.
Category: RBI–Banks
Govt may issue sovereign perpetuity bonds to finance fiscal deficit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/govt-could-issue-sovereign-perpetuity-bonds-to-finance-fiscal-deficit/article31582152.ece Prospects of flat issuance is bad news for government’s efforts to revive sagging growth – Chunumunu Prospects of flat issuance is bad news
Kerala govt announces special package for MSMEs amid Covid-19 crisis | Business Standard News
KSIDC will offer a moratorium on loans and interest to all operating units for three months without penal interest. The Corporation will also offer loans
Centre looks to nudge more MSMEs into manufacturing to reduce imports | Business Standard News
Sources across ministries confirmed that Narendra Modi’s call to “go vocal for local” will be achieved through a host of measures, running into the dozens,
Centre should charge for guarantee | Business Standard Column
Only PSUs can raise money cheaply today since it is assumed that the government won’t let them default My father taught me that humans innately
Liquidity focus continues | Business Standard Editorials
Govt provides immediate relief, but demand boosters missing The second instalment of the government’s relief package to address the effects of the Covid-19 pandemic broadly
MSMEs to get a breather, but recovery worry stays – The Financial Express
While the 12-month moratorium on repayments will buy micro, small and medium enterprises (MSMEs) time to ride out the Covid storm, questions remain on the
Government needs to do much more to revive MSMEs | Deccan Herald
Economic package announced by Centre can be seen an important first step towards reviving the sector Small industry in this country has been battered in
CLSS deadline extended: Credit-linked housing subsidy scheme for middle income group extended to March 31, 2021 – The Economic Times
Ever since its implementation in 2017, the CLSS scheme has already benefitted over 3.3 lakh families and the extension will further aid many more families
MSMEs: For MSMEs, Finance Minister’s Rs 3-lakh crore credit guarantee may not lead to assured benefits – The Economic Times
The measures may seem big on numbers, but many are skeptical if it can translate into meaningful gains. What seems to be the biggest miss
The problem with Modi’s Atmanirbhar Bharat Abhiyan – The Economic Times
‘Vocal for Local’ and ‘Atmanirbhar Bharat Abhiyan’ is good. But both mean the same thing: Make in India. India punishes import of consumer goods; they
Lockdown: 72% of outstanding bank credit in red zones, says report – The Economic Times
Summary Nearly 72% outstanding bank credit and 62% deposits are in the red zone districts. MUMBAI: Nearly 72 per cent of outstanding bank credit and 62 per cent
MSMEs: For MSMEs, Finance Minister’s Rs 3-lakh crore credit guarantee may not lead to assured benefits – The Economic Times
The biggest stumbling block, MSMEs say, is that they wanted financial support, but instead got a collateral-free loan scheme. In the absence of demand, that
Will provide funding to nonbanking cos via SPV: Economic affairs secretary Tarun Bajaj – The Economic Times
Summary This SPV will be the main vehicle for providing support to NBFCs as part of the economic package announced Tuesday and will carry out primary
RBI: What will the RBI do to stop the domino effect of debt defaults?
It will be interesting to see how RBI manages the domino effect of debt default once the the moratorium on interest and principal repayment is
Govt’s credit guarantee for MSMEs to boost banks’ savings with this much capital to lend more – The Financial Express
Credit and Finance for MSMEs: Finance Minister Nirmala Sitharaman on Wednesday had announced collateral-free automatic loans worth Rs 3 lakh crore to MSMEs as part
Why setting up a ‘bad bank’ is a bad idea – The Hindu BusinessLine
It won’t prevent another NPA pile-up. Instead, the govt can improve banks’ governance and share the lending risks that they face The severe slowdown in
RBI may have to monetise around Rs 7 lakh crore of stimulus package: BofA – The Economic Times
The Rs 3 lakh crore package for MSMEs, power sector has only Rs 23,200 crore fiscal impact. BofA also noted that the Rs 3 lakh
Finance Minister announces second tranche of govt’s Rs 20 lakh crore stimulus package | India Business News – Times of India
NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday unveiled the second tranche of measures of the government’s “atmanirbhar (self-reliant) campaign”. With a view to
How much was FM Sitharaman’s MSME, liquidity package worth for India, and how much it cost the govt – The Financial Express
For the economic package announced yesterday, the actual fiscal hit felt by the government should only be Rs 24,000 crore, that is, 0.12 per cent
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