The informal trade credit channel, without which banks cannot access the last mile in business, has broken down. This needs to be fixed Our financial
Category: RBI–Banks
Coping with lockdown: PFRDA may soon tweak asset classification norms for pension sector – The Hindu BusinessLine
Regulator looking to match RBI’s measures for banking sector; seeks pension fund managers’ views With economic activity coming to a standstill due to the lockdown,
RBI considers standing deposit facility to manage extra liquidity | Business Standard News
No firm decision has been reached on this, said sources. The SDF, when introduced, will become the lower bound of the corridor for the liquidity
COVID-19 crisis: Working capital crunch hits Gujarat ceramic cluster – The Financial Express
Nearly 25% to 30% of the Morbi ceramic cluster’s total production is being exported to over 170 countries across the world. Nearly 900 units in
Fighting COVID-19: Govt may roll out fiscal package 2.0 today – The Financial Express
Nevertheless, as many as 69% of respondents in a Ficci-commissioned survey have indicated that measures initiated so far by the government are inadequate and called
Finance Minister stipulates time frame for banks to disburse loans; move comes as lenders turning risk averse – The Hindu
In a communication to State-run banks, the government said the move is aimed at ensuring credit flow for economic activities and the guidelines come into
For special measures for small NBFCs–Economic Times
The coronavirus lockdown has led to a cash crunch for India’s large shadow banking system. The Reserve Bank of India (RBI) and the government must
Over 40% of defence MSMEs face closure within 3 months – The Economic Times
The coronavirus crisis-led lockdown could wipe out about 40% of the defence sector’s micro, small and medium enterprises within three months unless a support package
Deficit funding to rate cuts are India’s options to fight virus – The Economic Times
Analysts say Governor Shaktikanta Das will need to do a lot more in coming weeks. With a limited fiscal response so far, the Reserve Bank
INR16 lakh crore hit; dual demand, supply shocks. The ravaged economy needs a big, swift stimulus. – ET Prime
It’s cataclysmic, and a double whammy for those at the helm of the Indian economy — Nirmala Sitharaman and Shaktikanta Das. Consider the daunting odds.
Economy in lockdown: The Hindu Editorial on India’s worst case scenario post lockdown – The Hindu
After the IMF’s revised projections, India must adopt plans that avert the worst case scenario Less than two months after asserting that “global growth appears
How central banks around the world should respond to the coronavirus crisis–The Print
Just a few weeks into the coronavirus pandemic, the world’s most powerful central banks have found themselves shoved violently back into crisis-management mode. How they
liquidity boost by RBI: SMEs to gain maximum from Rs 1 lakh-cr liquidity boost to NBFCs, HFCs – The Economic Times
On Friday in the second Covid booster dose, the RBI announced a new TLTRO, under which it will pump in Rs 50,000 crore into the
MSMEs stare at labour and raw material supply issues – The Economic Times
Small industries in the country will face a shortage of raw material and labour as the graded lifting of the ongoing nationwide lockdown begins from
At mercy of banks, India’s cash-tight shadow lenders face new turmoil – The Economic Times
India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s third-largest economy, but leaving this sector in the lurch
Prudently done: Shutting the door to automatic entry of Chinese FDI is a sensible step in the current context–Times of India
The Narendra Modi government on Friday announced a modification in India’s FDI policy which raises barriers for Chinese investors. In the wake of a Covid-19
Will RBI’s push sooth nerves? | Deccan Herald
Pankaj RazdanFormer – MD & CEO, Aditya Birla Sun Life Insurance Reserve Bank of India’s inter-policy announcement was an unexpected sequel to the monetary policy
DPIIT, Finance Ministry locked horns before tweak in FDI guidelines | Business Standard News
Because of the differences, senior ministers, including the ministry of external affairs, had taken part in deliberations before the Cabinet gave its approval The government’s
Can rate cut force banks to lend? | Business Standard Column
Recently, the Reserve Bank of India (RBI) bought treasury bills from the secondary market. This is no speculation. The weekly statistical supplement (WSS), which the central bank
Small businesses still waiting for stimulus package | Business Standard Column
Merchandise exports and imports went down in March because of the Covid-19 outbreak. Exports last month were $21.41 billion, against $32.72 billion in March 2019,
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