Covid-19 and the resultant lockdown has dealt a body blow to millions of small businesses in the country. Without assistance, most will find it difficult
Category: RBI–Banks
Industry demands Rs 6 lakh cr stimulus package to mitigate impact of lockdown – The Economic Times
CII has suggested instituting a Government spending package equivalent to 3 per cent of GDP which would add Rs 6 lakh crore to the available
District-level clearance norms for MSME scheme relaxed – The Economic Times
KVIC chairman Vinai Kumar Saxena took up the matter with MSME minister Nitin Gadkari earlier this month. In light of the impact of the pandemic
सीकेपी बँकेचा परवाना रद्द; ४८५ कोटींच्या ठेवी संकटात –महाराष्ट्र टाइम्स
रिझर्व्ह बँक ऑफ इंडियानं गुरुवारी रात्री कारवाई करत सीकेपी सहकारी बँकेचा परवाना रद्द केला आहे. त्यामुळं बँकेच्या ठेवीदारांना मोठा धक्का बसला आहे. बँकेतील सुमारे ४८५
भरवसाच कातरतो तेव्हा.. | लोकसत्ता
जितका अधिक परतावा, तितकी अधिक जोखीम’ हा गुंतवणुकीचा मूलमंत्र सांगितला जातो. अर्थव्यवस्था महामंदीच्या कडय़ापर्यंत लोटली जात असते, तेव्हा त्याची चाहूल ही वित्तीय अरिष्टातून लागते. आपल्याकडे
पाणी सोडा, स्वच्छ बना! |लोकसत्ता
देशाच्या बँकिंग व्यवस्थेतील अशाच स्वच्छता मोहिमेचे प्रणेतेपद खुद्द विद्यमान अर्थमंत्री निर्मला सीतारामन यांच्याकडेच आहे. ‘हात धुवा आणि संसर्ग टाळा’ हा स्वच्छतामंत्र सध्याच्या करोना आजारसाथीत सर्वाना
FIIs frustrated with India; bad days ahead for Dalal Street: Samir Arora – The Economic Times
Samir Arora said the government’s response has not been adequate. To ease liquidity pressure on mutual funds, RBI last week announced a special liquidity facility
Indian economy: How printing money can save the economy of a nation–Economic Times
The US, the European Central Bank, Japan are all printing money to bring economies back to life. Major global economies are responding to the Covid-induced
SBI: Lockdown led to subdued economic activity but saved India from lot of agony: SBI chairman – The Economic Times
Summary Rajnish Kumar said the nationwide lockdown should only be lifted once the situation is fully under control. SBI Chairman Rajnish Kumar (File Pic) KOLKATA: The
India to cap stimulus package at $60 bn to protect credit rating: Report | Business Standard News
Fitch warned India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further Health workers wearing protective suits shift to a van the
Home loan disbursals come to a grinding halt – The Hindu BusinessLine
Lenders hopeful of demand for housing and loans reviving later in the year Home loan disbursements have come to a virtual standstill amid the national
Fitch downgrade viability ratings of SBI, ICICI Bank, Axis Bank and BoB – The Hindu BusinessLine
Fitch Ratings has downgraded by one notch the viability ratings (VRs) of four large banks — State Bank of India (SBI), ICICI Bank, Axis Bank
The Reliance game plan | Business Standard Column
The Facebook investment is a high-stakes gambit with dual possibilities With the crash in oil prices, its structural decline as a commodity is a given.
Say no to banks | Business Standard Editorials
Suspending IBC for an extended period would destroy it Indian banks are reportedly planning to suggest to the government that all the pending cases under
PM Modi finds ways to attract foreign investors to India; suggests ministries to do this – The Financial Express
PM Modi said that the action should be taken for a more proactive approach to handhold the investors. PM Modi discussed strategies to attract more
Crisil expects gross NPAs to rise by 150-200 basis points this fiscal – The Financial Express
Crisil expects GNPAs for the financial year 2020 to remain at 9.5%. Considering the Covid-19 impact, Crisil has projected GNPAs in the range of 11-11.5%
Renew the pledge | The Indian Express
More than ever, the rights of workers, vulnerable need to be secured. The COVID-19 pandemic is haunting the world. It has been devastating the lives
startups: Industry body urges government to create Rs 25,000-crore fund for startups – The Economic Times
An existing Rs 10,000 crore fund-of-funds, which is currently being administered by the Small Industries Development Board of India (Sidbi), should be rolled into it
Govt plans to launch initiatives to boost exports from MSME sector: Official – The Economic Times
MSME Secretary Arun Kumar Panda said talks were on with NITI Aayog to rank states on the basis of 4Es including employment generation, enterprise creation,
Bankers want govt guarantee on incremental loans to MSMEs – The Economic Times
Banks are currently offering 10% of outstanding loans to MSMEs as additional working capital at a concessional rate to help them tide over the temporary
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