Category: RBI–Banks

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

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

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

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

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

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

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

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

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

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

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