Kolkata: The Delhi High Court has given some relief to companies that have missed a loan repayment or two but whose loans were not classified as ‘bad’ by
Category: RBI–Banks
Banks and manufacturing companies look at significant deferred tax asset hit on financials – The Economic Times
Mumbai: The uncertainty around future taxable profits because of the Covid-19 virus outbreak may lead to write downs or impairments of tax assets at some top banks,
Covid-19 relief: Lenders want SBI to include NBFCs under moratorium – The Economic Times
MUMBAI: Several lenders are trying to convince the trade big daddy State Bank of India (SBINSE 2.60 %) to cover non-banking finance companies (NBFCs) under
covid-19: Covid-19 creates a massive $2 billion hole in India’s apparel industry – The Economic Times
The Indian apparel sector, the world’s fourth largest producer of textile and garments, is not just a foreign exchange earner, but an employment oriented industry,
Congress leader RV Deshpande seeks relief for MSME sector – The Economic Times
BENGALURU: Congress leader RV Deshpande on Wednesday urged finance minister Nirmala Sitharaman to help out the micro, small and medium enterprises (MSME) as they have been badly hit by
banking stocks: Banking will have to go through acid test in the coming months: Vinit Sambre – The Economic Times
First and foremost, the focus is on companies that will survive. We are trying to hold them in the portfolio. Do you feel we have
Plan, Plan, Plan for Lockdown and Exit–Economic Times
Should the countrywide lockdown continue after April 14? It depends on how fast the virus spreads over the remaining week of the lockdown, and, on
COVID-19 pandemic to hit MSME exporters more: Trade experts – The Financial Express
Micro, small and medium enterprises (MSME) exporters will be impacted more by the current lockdown on account of COVID-19 pandemic as the sector accounts for
Unemployment crisis: Lives and livelihoods are mutually reinforcing. State of job market must be factored in–Times of India
Business information company CMIE’s monthly jobs data showed that unemployment rate was already a worrying 8.7% in March, the highest on record since it began
Coronavirus: Imagine yourself as the leader of a liberal democracy, how would you decide to restart the economy? | Deccan Herald
By Mohamed A. El-Erian The tentative optimism in parts of Europe and the U.S. about a turning point in the rate of coronavirus infection is
Fiscal space: Not if but how | Business Standard News
Extraordinary circumstances call for extraordinary responses. The Covid-19 crisis is nothing if not extraordinary. Responses are imperative to deal with the health crisis, cushion the
Coronavirus lockdown: Rs 1-trn stimulus package for MSMEs on cards | Business Standard News
A second stimulus package the Centre is poised to announce in coming days will be worth around Rs 1 trillion and focus on help for
Gain some, lose some: What India’s Covid-19 relief package means for biz | Business Standard News
RBI cut the repo rate by 75 basis points on Friday, following the finance ministry’s announcement of a relief package worth Rs 1.7 trillion for
The long shadow of FY20 on Centre’s finances can not be missed by anybody | Business Standard Column
Just about a week into the new financial year, there is now more clarity on the enormity of the challenges the government will face with
Relief to construction workers: 18 states transfer Rs 1,000-5,000 each in 1.8 crore beneficiary A/Cs – The Financial Express
By: Surya Sarathi Ray | As on September 30, 2018, India had around 3.2 crore registered construction workers of which the highest were in Uttar Pradesh at
View: India can’t count on banks to lead virus recovery – The Economic Times
By Mihir Sharma The world’s largest lockdown is, as expected, taking a toll on the Indian economy. Fitch Ratings Inc. expects that India will grow only 2% in
covid-19: ‘Covid-19 the last nail in the coffin, this is the gloomiest time ever,’ say MSMEs – The Economic Times
Experts also suggest that since the availability of skilled labour will be an issue post such migration, MSMEs need to invest in low cost automation
Relief from moratorium and rate cuts are proving elusive for retail borrowers – The Hindu BusinessLine
As livelihoods suffer severe setbacks from Covid-19 and the state-imposed lockdown, Indian policymakers have been quite stingy with their direct support measures targeted at households.
70% of India’s economy hit by lockdown, 10 crore jobless, says Subhash Chandra Garg | Deccan Herald
“The 21-day lockdown would hit 70 per cent of India’s economy but has already rendered at least 10 crore workers of the mining, construction, manufacturing and
Force majeure does not extend expiry dates in letters of credit: Expert | Business Standard News
Q. Many of the letters of credit opened by foreign buyers on us for export of goods expire during the lockdown. We have made the shipments but
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