What was it that you were telling yourself about not having a financial plan? You didn’t have the time? You didn’t have the expertise? You
Category: RBI–Banks
Exporters say RBI steps to help small units, but bigger revival package needed – The Hindu BusinessLine
Exporters said the RBI’s decision to relax bad loan classification and provide refinance facility would help the sector to some extent, especially the smaller units,
RBI slashes reverse repo to 3.75 per cent, hints at further rate cut – The Hindu BusinessLine
The Reserve Bank of India on Friday unveiled the second tranche of liquidity and regulatory measures that are aimed at defusing the Covid-19-induced crisis. Announcing
RBI’s done what it can; the onus now is on the banking system – The Hindu BusinessLine
Finally acknowledging that the Indian economy is in dire straits, the RBI has once again weighed upon the risk-averse banking system to open its purse
COVID-19 crisis: Govt weighing guarantee for loans to critical sectors, says CEA – The Financial Express
The Centre had budgeted gross market borrowing of Rs 7.8 lakh crore for FY21 and had recently announced its plan to borrow roughly 62.5% of
COVID-19 crisis: RBI tells banks to hold back dividends for FY20 – The Financial Express
Experts said that the proposal to temporarily defer dividend payment is positive for banks’ capital positions. With a view to encourage capital conservation at a
RBI’s Mostly Welcome Relief Measures–Economic Times
The Reserve Bank of India (RBI) should stop relying on the banks to push money where it belongs, in the hands of stressed industry. Instead
Indian Banks Association may approve 90-day moratorium for all NBFCs – The Economic Times
On March 27, RBI has permitted banks and lending institutions to allow moratorium to all its customers as per the board approved policies to tide
Govt increases loss coverage for micro loan defaults to 75% from 50% earlier – The Economic Times
New Delhi: The finance ministry has increased coverage of a lender’s loss in case of loan default under the Credit Guarantee Fund for Micro Units (CGFMU) scheme
Banks that skirted India’s bad loans can’t escape lockdown – The Economic Times
Total non-performing loans in the financial system may rise by 7 percentage points if India ends its lockdown by mid-May, according to a recent study
Money, money everywhere but not a drop to those in need – The Economic Times
Mumbai: The Reserve Bank of India is throwing money from its rooftop so that banks lend. Yes, they are lending, but not to you and me, but the RBI itself. One
RBI announcements today: What RBI’s announcement today means for your loans and fixed deposit interest rates – The Economic Times
The excess liquidity in the economy is expected to exert downward pressure on the interest rates. The RBI announced a host of measures today aimed at increasing liquidity in
Government may consider realty developers’ demand for restructuring of loans – The Economic Times
MUMBAI: The government may consider real estate developers’ long-pending demand for restructuring of loans for a period of 12 months and the Ministry of Housing and Urban
RBI norms may put a Rs 35,000 crore hole in banks’ profits – The Economic Times
Keeping in mind the risk build-up in bank balance sheets due to stress and delays in recoveries, the regulator has asked banks to make a
In the protracted fight against Covid-19, RBI has done all the heavy lifting to date – The Economic Times
This is not to say RBI hasn’t done a great deal. It has done most, if not all, of ‘whatever it takes’ and without any
Now, all eyes on fiscal package | Deccan Herald
By Suvashree Ghosh, Subhadip Sircar, Nupur Acharya and Vrishti Beniwal India’s government and central bank are trying to cushion an economy that was slowing even
DH Analysis: RBI’s 75 bps rate cut ineffective for now | Deccan Herald
The 75 basis points cut in the repo rate by the Reserve Bank of India (RBI) on March 27, seems to have failed in achieving
RBI allows NBFCs to extend DCCO for loans to commercial real estate by one year | Deccan Herald
The 75 basis points cut in the repo rate by the Reserve Bank of India (RBI) on March 27, seems to have failed in achieving
reverse repo rate: RBI measures will tempt banks to lend more: Keki Mistry – The Economic Times
Good announcements from the Reserve Bank of India. You cannot call it a really big bang announcement, but yes, constructive in the right direction. Yes, I
Economists hail RBI steps, say TLTRO 2.0 a much-needed move – The Economic Times
Mumbai: Analysts welcomed the Reserve Bank of India’s (RBI) move to support the markets and businesses, and especially applauded TLTRO 2.0 — the second round of targeted