Delhi high court, in an interim order on May 1, has allowed HDFC Bank to deduct a Rs 90-crore loan installment from Indiabulls’ fixed deposit
Category: RBI–Banks
| ‘या’ बँका तर बुडणारच! |लोकसत्ता
अन्य सरकारी बँकांना मागील दशकभरात सरकारने कैक लाख कोटींचे भांडवली साहाय्य केले आहे. उघडय़ा डोळ्यांनी हताशपणे सारे पाहात जावे असाच सध्याचा संकटकाळ आहे. सध्याच्या करोना
Bad bank debts could delay India’s recovery from Covid-19 crisis: Report – business news – Hindustan Times
A fresh surge in bad debt could hit credit growth and delay India’s recovery from the coronavirus pandemic. The Indian economy has ground to a
Over 99% depositors of CKP Bank will get full payment: RBI | Deccan Herald
99 per cent of CKP Co-Op Bank’s 1.32 lakh depositors will get full money through Deposit Insurance and Credit Guarantee Corporation (DICGC), the Reserve Bank
RBI steps necessary but credit to small businesses, others critical to sustain Covid: Arvind Subramanian – The Financial Express
Credit and Finance for MSMEs: The RBI had last month said that it will conduct long-term repo operations (TLTRO) of Rs 50,000 crore with at
27 of top 100 companies can’t sustain current wage bill: Deloitte study – The Hindu
As per the study, these companies will either have to dip into its cash balance or borrow in short-term. As many as 27 out of
11 crore jobs, 30% of GDP: Small enterprises pushed to brink amid looming distress, despair | Business News,The Indian Express
At stake are not only these jobs but the future of what makes up 45 per cent of the country’s total manufacturing output, 40 per
Need to speed up work on infra to make up for time lost on Covid-19: PM Modi – The Hindu BusinessLine
Modi holds meet to strengthen MSME sector; discusses financial sector, structural and welfare measures to spur growth Prime Minister Narendra Modi has stressed the need
NPAs of BoB, Indian Bank surge multi-fold in 6 years: RTI data – The Economic Times
Summary The NPA of Bank of Baroda (BoB) rose from Rs 11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI
RBI guv Das chastises banks not doing enough on lending, NBFC liquidity | Business Standard News
Relaxation likely on branch audit as Guv meets bankers Shaktikanta Das was also upset about the failure of the Targeted Long Term Repo Operations 2.0
Artisans and weavers around the country face economic catastrophe – The Economic Times
Lakhs of artisans across the country are having to deal with massive order cancellation and also a pile up of raw material. Sajad Dar, skilled
MSME: In the fight against Covid-19, MSMEs and startups can help each other – The Economic Times
Cash is king but the significance of mergers, collaborations and sector specific reforms needs to be duly recognised too if one wants to find a
India market recovery: India will have a ‘Nike Swoosh’ recovery, not a V- or U-shaped one: Abheek Barua – The Economic Times
HDFC Bank’s Abheek Barua sees the economy back on a strong footing in fiscal 2022. “My bet is that by autumn, we will not have
Coronavirus outbreak: Credit flow to MSMEs needs to grow 20% from 2% to address growing unemployment–Business Today
A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to
Coronavirus lockdown: How banks are focussing on ‘contactless financing’ to help borrowers–Business Today
The crisis served as a wake-up call for banks whose digital operations were growing at a snail’s pace. They have started embracing the change The
Manish Sabharwal writes, ‘RBI’s job involves trade-offs, not conflicts’
The RBI must remember three things — acting prudently to balance the next quarter and quarter century, acting flexibly to blunt this economic cataclysm, and
The relaxations are positive. But the economy needs help – editorials – Hindustan Times
No country — even with the most resources — could have coped with a lockdown of this magnitude and the shocks to the supply chains
India’s lockdown is running up an unsustainable economic cost – The Hindu BusinessLine
A strategy that focusses on intensifying testing and possibly curbs on the vulnerable population, while allowing the rest to resume economic activity with the necessary
Govt orders like no pay and job cut can severely dent business confidence – The Financial Express
Government orders on waiver of rents impinge on contractual rights. Any measures by the government which justifies avoidance of contractual rights would be anathema to
MSMEs: In revival nudge, AP to clear sops due to MSMEs – The Economic Times
The state government expects the decisions to benefit more than 97,000 MSME units, including 72,531 micro enterprises, 24,252 small scale units and 645 medium scale