Category: RBI–Banks

International passenger travel would remain shut for a long time, not for weeks but for months, he said citing examples of sectors which will continue

In terms of policy response, governments and central banks are intervening aggressively in the advanced economies It is still difficult to gauge the actual magnitude

Bankers feel companies hit by the lockdown will need at least a year to recover. Mumbai: The Indian Banks’ Association (IBA) is finalising a special restructuring proposal

The survey showed that five out of 10 businesses would run out of their working capital within two months and they will depend on loans

We are fortunate that the oil crisis is benefiting us, says CEO of Deloitte India. I would go beyond just looking at demand and supply

Until now, practices relating to critical areas such as classification and recognition of non-performing loans (NPLs), accounting for securitisation transactions, investment classification and valuation, were

If bad loans rise, banks and NBFCs may become cautious just when credit is most needed to keep economy going. In the second week of

Mumbai: Small business credit of Rs 2.32 lakh crore is at the highest risk of default, and micro enterprises having loan outstanding of less than

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

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

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

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

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

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