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
Category: RBI–Banks
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
RBI announcement updates: RBI allows banks to maintain lower liquidity ratio – The Economic Times
The LCR requirement will gradually be restored back in two phases – 90 per cent by October 1, 2020 and 100 per cent by April
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