The low virus-related mortality rates for India and other tropical countries do not support the case for stringent lockdowns, which would also destroy businesses and
Category: RBI–Banks
Govt push for mandatory bank loans needed to help small borrowers tide over COVID-19 financial emergency | Deccan Herald
A mandatory offer of credit is not outrageous in the present circumstances Representative image. (Credit: iStock Photo) On April 23, bankers effectively told the Reserve
Coronavirus: Comprehensive fiscal relief package can’t wait anymore | Deccan Herald
Govt shouldn’t delay announcement of a comprehensive fiscal stimulus package for different sections hit by COVID-19 lockdown Our vast population of migrant labour and numerous
Have sufficient cashflow to meet repayment obligations, says Shriram Transport Finance MD – The Hindu BusinessLine
Shriram Transport Finance Company Ltd (STFC) on Saturday said it has taken a host of measures, including offering moratorium to its borrowers, and cost-rationalization and
Franklin Templeton AMC’s decision to wind up debt funds can trigger a crisis of confidence – The Hindu BusinessLine
In an unprecedented move that has sent shock waves through fund investors, Franklin Templeton Asset Management Company (FT AMC) has announced the winding up six
Big Story | Income-tax and investment relaxations for individuals. What you need to know – The Hindu BusinessLine
Taking into account the disruption to daily life caused by the pandemic, the Centre has announced a series of relaxations for taxpayers, investors The Covid-19
Debt Mutual Funds: All you wanted to ask about your debt mutual funds after Franklin Templeton fiasco – The Economic Times
Templeton has wound up $4.1 billion of debt funds after a liquidity crisis. What happened? Franklin Templeton Mutual Fund has decided to wind up six debt
coronavirus: Falling oil prices amid coronavirus pandemic: What it means for India and other players – The Economic Times
The US itself is groaning under the weight of its own oil. Shale producers, who have, for the past five years run rings around traditional
Small biz, big trouble: Covid-19 disruption might prove fatal for many of India’s MSME units – The Economic Times
The meeting, organised by the Mumbai-based IMC Chamber of Commerce and Industry, had businessmen seeing May-end as a plausible date for reopening. But there was
Features – Startups – Small Biz – The Economic Times
How some startups are being inventive in the face of coronavirus pandemic Suddenly, startups that were looking for growth avenues were scrambling for ways to
Franklin Templeton Mutual Fund: Franklin TempleRun: Panic spreads to AMCs, corp bonds – The Economic Times
Investors are said to be pulling money out of other credit-risk schemes. The rush to hold cash amid growing risk aversion resulted in yields rising
India needs a new covenant for growth in a post-Covid world: Raghuram Rajan – The Economic Times
The former RBI governor said that India cannot remain under a lockdown forever. On lifting the lockdown, Rajan said that India needs a staggered exit
Loan moratorium: Lenders struggling to trace low-ticket retail borrowers – The Economic Times
Summary Unless banks can get hold of them, repayments stand automatically deferred under the new rules. Credit card outstanding balances have tripled since the global financial
Star fund manager let down by his own creation – The Economic Times
The spotlight has fallen inescapably on Santosh Kamath, the high-flying CIO at Franklin Templeton. As investor ire rains down on Franklin Templeton over its decision
COVID-19: Finance Commission’s advisory panel suggests support to small biz, NBFCs – The Financial Express
Lockdown impact: The council felt that the COVID-19 pandemic and the national lockdown would slow down domestic activity and impact cash flows of financial institutions
States should avail 0.5% fiscal deficit deviation through FRBM Act: Finance Commission chairman NK Singh – The Financial Express
In view of the massive disruption to economic activity due to Covid-19 impact and likely huge shortfall in revenues, the council felt that fiscal response
Don’t force industry to pay wages during COVID-19 lockdown – The Financial Express
Growth was already slowing before the corona outbreak; forcing industry to pay full wages imperils MSMEs’ survival Indeed, for many, the wage bill, at a
Banks avoid NBFC lending, take 50% of RBI’s refinance – The Economic Times
Summary Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending
MSME: Hit by Covid-19 lockdown, Noida MSMEs seek Centre’s help – The Economic Times
The Noida Entrepreneurs’ Association (NEA) which has approximately 3,000 MSMEs as its members in western Uttar Pradesh’s Gautam Buddh Nagar, have sought government help so
lockdown impact on indian economy: Chris Wood says lockdown disastrous for Indian economy – The Economic Times
Wood said India has not really had a negative consumer credit cycle since the inception of his portfolio in 2002 but this is probably about
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