The LCR requirement will gradually be restored back in two phases – 90 per cent by October 1, 2020 and 100 per cent by April
Category: RBI–Banks
RBI Governor expects a V-shaped recovery for India in 2021-22 – The Economic Times
The governor said that in the period ahead, inflation could recede even further, barring supply disruption shocks and may even settle well below the target
Ban on dividend payout will help conserve capital, no adverse effect seen – The Economic Times
Mumbai: India’s banks have been barred from paying dividends for the fiscal year ended March 2020 so that they conserve capital in view of the economic shock
Layoffs: Labour ministry to compile data on layoffs, pay cuts – The Economic Times
New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts and
RBI: View: Will RBI special window help NBFCs? Not really! – The Economic Times
The central bank may have put in safeguards late Wednesday to ensure that funds raised by banks through a special window aren’t cornered by the
credit card moratorium interest rate: How interest will be calculated if you opt for moratorium on credit card dues amid Covid lockdown – The Economic Times
The issuer will not block your credit card if the bill is not paid during these three months. Should you opt for the 3-month moratorium on payment
RBI announcements today: RBI announces second tranche of liquidity boost; cuts reverse repo by 25 basis points, Rs 50,000 crore TLTRO 2.0 for NBFCs – The Economic Times
The RBI today announced a second tranche of liquidity boost for the economy wth a 25 basis point reverse repo cut taking it to 3.75 per cent from 4
Covid-19: Big relief for MSMEs in IT/ITeS as govt waives off rent for units based in tech parks – The Financial Express
Technology for MSMEs: The government has decided to provide relief to IT/ITeS MSMEs and startups based in Software Technology Parks of India (STPI) amid Covid-19 crisis
Lenders want more time to finalise working capital needs of large firms | Business Standard News
If a fresh assessment of working capital requirement is to be done in view of the Covid crisis, that will have to be by the
Banks to seek extension of moratorium on loan repayments beyond June | Business Standard News
The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments
Covid-19 impact: Banks raise concern over fresh NPAs of Rs 50K crore | Business Standard News
Public sector banks (PSBs) on Thursday flagged concerns to the Union government over loans worth over Rs 50,000 crore turning into non-performing assets (NPAs) for March, as
Banks to seek extension of moratorium on loan repayments beyond June | Business Standard News
The Reserve Bank of India had on March 27 allowed banks and finance companies to offer a moratorium of three months on payment of instalments
RBI wants banks to take call on package, moratorium extension for NBFCs | Business Standard News
However, banks have argued that the regulatory forbearance was extended for working capital, and for retail customers The Reserve Bank of India (RBI) is unlikely to take
NBFCs: More than 4/5th of NBFCs sufficiently liquid, hints RBI monitoring mechanism – The Economic Times
Mumbai: The Reserve Bank of India’s (RBI) monitoring mechanism suggests that more than four-fifths of the non-bank lenders by assets are sufficiently liquid to withstand
India lockdown | Coronavirus lockdown: Banks stare at defaults as cabbies go home–Economic Times
Mumbai | Bengaluru: The exodus of cab drivers from Indian metropolises in the wake of the Covid-19 pandemic will trigger a massive default in vehicle loans, according
Agriculture growth won’t take big hit: Narendra Singh Tomar – The Economic Times
As the rabi (winter) harvest commences in parts of the country, the governments in the states and at the centre need to perform a deft balancing act
Bring in the MSME relief package–Economic Times
The national Covid-19 lockdown and consequent loss of production call for a package of proactive measures to boost credit availability for India’s micro, small and
RBI needs to adopt, expand unconventional measures to tackle COVID-19–Indian Express
As Governor Shaktikanta Das has emphasised in the past, the RBI should also expand its use of unconventional policy measures to tackle this crisis. On
Ex RBI Governor– Duvvuri Subbarao writes on coronavirus crisis: Keep your powder dry–Indian Express
Written by Duvvuri Subbarao | Published: April 15, 2020 3:45:15 am Uncertainty is a defining feature of every crisis. During the global financial crisis, a big uncertainty
Mohan Guruswamy: Where’s the money? Just shake the tree and pick the fruits that fall–Deccan Chronicle
The economic cost of the Covid-19 pandemic is going to be huge. A shutdown for a month literally means a hole of at least 8.5
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