As the prime minister confers with chief ministers on the lockdown and the modalities of lifting it, along with other measures to contain the Covid-19
Category: RBI–Banks
MSMEs: Govt likely to announce second set of measures to help poor, MSMEs – The Economic Times
The government is set to announce a second set of measures in the coming days to counter the impact of the lockdown, which is seen
Delhi HC restrains IOCL from invoking bank guarantee furnished by Punj Lloyd – The Economic Times
“…till the expiry of the period of one week from the lifting of the lockdown, imposed by the central government consequent to an n-Covid-2019 pandemic,
Prolonged lockdown may push millions into margins of subsistence: Former RBI Governor Subbarao – The Economic Times
Subbarao asserted that India’s economic recovery would be far better than most of the other countries. Subbarao said that as predicted by analysts, India will
Here’s how some banks plan to support exporters, but procedural delays play spoilsport – The Economic Times
Summary Exporters have made a pitch to the govt to also allow them to rollover the forward contracts without any penalty. KOLKATA | MUMBAI: Government-owned lenders
Covid 19: Govt notifies exclusion of the lockdown period from insolvency and liquidation processes – business news – Hindustan Times
Coronavirus in India: The first notification said “the period of lockdown imposed by the Central Government in the wake of Covid-19 outbreak shall not be
After Franklin Templeton shuts debt schemes, Chidambaram asks govt to step in – business news – Hindustan Times
Franklin Templeton, one of the first global financial firms to launch asset management operations in India more than two decades ago, said on Thursday it
Lives vs livelihoods | Business Standard Column
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
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
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