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
Category: RBI–Banks
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
Covid 19 impact on msme: MSMEs don’t have the capacity to deal with something unexpected like Covid-19: Suresh Prabhu – The Economic Times
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
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