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
Category: RBI–Banks
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
FinMin holds review meeting with banks; asks them to extend help within prudential norms | Deccan Herald
Finance Ministry on Monday held a review meeting with the heads of public sector banks, and instructed them to extend all possible help to all
Banks start offering loan moratorium to NBFC-MFIs – The Financial Express
Some private sector and foreign banks have begun offering the loan moratorium to their microfinance institution (MFI) borrowers, even as confusion prevails over whether the
Banks start offering loan moratorium to NBFC-MFIs – The Financial Express
Industry executives said that each bank is following its own strategy when it comes to offering the moratorium to MFIs. Some private sector and foreign
Up from 6 lakh accounts so far, govt aims at restructuring this many additional MSME loans soon – The Financial Express
Ease of Doing Business for MSMEs: MSME minister Nitin Gadkari has urged micro, small and medium enterprises to consider the current crisis as an opportunity instead
covid-19: Faircent launches ‘Anti Lockdown Loans’ to help ease liquidity pressure amid Covid-19 – The Economic Times
NBFC-P2P lender, Faircent.com, on Wednesday announced the launch of a new loan offering “Anti-Lockdown Loans” to help credit-worthy businesses and individuals access credit to meet their
Private lenders may lose deposits to PSBs due to Yes Bank bailout: Report – The Economic Times
MUMBAI: The Yes BankNSE -3.21 % rescue has undermined confidence of depositors in private sector lenders and will lead to smaller entities losing deposits to state-run banks,
Coronavirus impact on economy and market: It’ll take India 9 months to come out of virus crisis: Deepak Parekh – The Economic Times
It’ll take India 9 months to come out of virus crisis: Deepak Parekh He said that even as equity markets were badly hit, they will
P2P lending may solve India’s problem of financial inclusion but success depends on these key areas – The Financial Express
By Bharat Dureja Credit and Finance for MSMEs: The World Bank defines financial inclusion as making financial services and products such as banking services, insurance, investment
SBI seeks loan guarantees, extension of moratorium – The Economic Times
State Bank of India‘s Chairman Rajnish Kumar has sought government guarantees to enable banks to lend to companies to expedite a post-lockdown economic recovery in the aftermath of
Create fund, offer one-time restructuring to developers to revive realty sector: HDFC chief – The Hindu BusinessLine
To revive the fortunes of the moribund real estate sector, HDFC Chairman Deepak Parekh, on Tuesday, suggested measures, including the setting up a stressed real
Moody’s takes rating action on three NBFCs – The Hindu BusinessLine
Global rating agency Moody’s on Monday took rating action on three non-banking finance companies including Hero FinCorp, India Infoline Finance and Muthoot Finance amidst concerns about how
Covid-19 to derail affordable housing segment’s growth momentum: Report | Business Standard News
NCR has the maximum under-construction affordable housing stock with more than 1.87 lakh units With nearly 6.1 lakh affordable housing were under construction, the Covid-19 pandemic is
Barclays pegs economic cost of lockdown at $234 bn; sees no growth in 2020 | Business Standard News
Most analysts expect the government and the RBI to continue to provide stimulus to help stem the economic rout triggered by the Covid-19 pandemic Barclays has
Come September, bad loans will zoom | Business Standard Column
The Reserve Bank of India’s (RBI’s) December 2019 Financial Stability Report, a biannual health check for the banking industry, had predicted the gross non-performing assets (NPAs) rising
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