Ease of Doing Business for MSMEs: Over 5 lakh restaurants in the country, almost all of which are MSMEs, have asked the government to fully waive
Category: RBI–Banks
Make MSMEs strong | Deccan Herald
COVID-19 has accelerated the thinking triggered by worldwide economic slowdown that it is better for each country to fall back on domestic economies and import
Banks keeping three times more cash in network to avoid demonetisation like situation – The Economic Times
MUMBAI/NEW DELHI: Banks are keeping two-and-half to three times more cash across their network to ensure that there is no dearth of currency at branches or ATMs at a
Coronavirus outbreak: Relaxed IBC timelines may be a face-saver for Indian corporates–Business Today
COVID-19 has retarded the momentum of wheels of the Indian economy, the corporates. The All India Association of Industries had estimated a loss of Rs
Coronavirus impact: Delayed NPA resolutions, haircuts; banks brace for a double blow in their NPA books–Business Today
The country is going through an unprecedented countrywide three-week lockdown starting from March 25, 2020. Prior to that too, several state governments had shut down
Coronavirus impact: Govt steps in to support export industry amid job loss fears–Business Today
The commerce ministry on Saturday said it has taken several measures to address hardships faced by exporters due to COVID-19 pandemic, a day after an
Banks offer no relief, NBFC might be unable to service ballooning debt of Rs 1.75 lakh crore – The Financial Express
The move is expected to put severe liquidity stress on NBFCs with almost Rs 1.75 lakh crore debt obligations maturing by June. While non-banking finance
Banks seek govt guarantee for lending to some sectors – The Financial Express
Speaking with representatives from the real-estate industry over a video conference, Kumar said this guarantee-based model is ideal in the current circumstances. Banks have asked
Banks will be on tighter leash post Covid: Deepak Parekh – The Economic Times
KOLKATA: The Covid 19-crisis is multi-faceted one with implications on human health, economy and finances and it may take at least nine months to recover
Plea in SC challenging RBI circular on 3-month moratorium on loan repayment – The Economic Times
NEW DELHI: A petition was filed in the Supreme Court on Saturday seeking direction on setting aside the RBI‘s March 27 circular on three-month moratorium on loan repayment between March
Ready to help India in dealing with Covid stress if asked, says Raghuram Rajan – The Economic Times
A straightforward yes is what former RBI governor Raghuram Rajan told a private news channel on being asked if he would return to India if his expertise was required
Keep bank a/c standard, clear inventories, improve perception: SBI chief to real estate – The Economic Times
State Bank of India Chairman Rajnish Kumar on Saturday exhorted real estate firms to keep their bank account standard, clear inventory as soon as possible and improve
Banking – Banking/Finance – Industry – The Economic Times
A round four years ago, Romesh Sobti, the then managing director of IndusInd Bank, had invited the lender’s top management for an exercise to draw
ADB pledges $2.2 bn to bolster India’s health infrastructure, MSMEs | Business Standard News
The Asian Development Bank (ADB) will provide India $2.2 billion (around Rs 16,000 crore) to help the country ramp up health infrastructure and bolster micro, small and
Cash cow to Achilles’ heel: The transformation of consumer lending business | Business Standard News
Rising income levels of consumers and their aspirational needs was the premise for lenders to ramp up this business Stress in the consumer lending business,
Coronavirus has dealt a ‘huge blow’ to MSME sector: Nitin Gadkari – The Financial Express
Nitin Gadakri also urged the officials to go all out for the assistance for MSMEs by revising and upscaling the schemes after proper third party
Loan securitisation deprives 1 cr retail customers of moratorium benefit: Report – The Economic Times
The former RBI boss says what the country faces today is an economic emergency. The state and Centre have to come together to figure out
Banking system: Covid-19 fallout: Rate transmission a far cry despite liquidity overhang – The Economic Times
Mumbai: Surplus cash in the banking system has surged to as much as Rs 4.74 lakh crore, surpassing liquidity levels seen four years ago during the demonetisation period. But, the
View: India needs a set of fiscal measures, and granular back-to-work protocols, to save both lives and livelihoods – The Economic Times
By Anu Madgavkar & Rajat Gupta The Covid-19 pandemic is the greatest health and humanitarian challenge the world has faced since World War 2. In response, India
CII, lockdown, Covid, Covid-19, GDP, MSME – The Hindu BusinessLine
To lift the lockdown in a safe and calibrated manner, the Confederation of Indian Industry (CII) has suggested the need for fiscal support package for
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