NEW DELHI: India’s fiscal deficit in 2020-21 may shoot up to 6.2 per cent of the GDP from 3.5 per cent government estimate as a
Category: RBI–Banks
Moratorium plan: Borrowers unlikely to get significant gains; banks to charge interest later – The Economic Times
NEW DELHI: The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium
Lockdown impact: Lockdown keeps outbreak manageable, but there will be hardship ahead–Economic Times
By Arvind Panagariya On March 24 last week, Prime Minister Narendra Modi ordered a complete lockdown of the nation. He did not have a choice.
Lockdown: MSMEs seek relief from electricity supply company – The Hindu BusinessLine
The Mangaluru council of the Confederation of Indian Industry (CII) has sought relief for micro, small and medium enterprises (MSMEs) from the Mangalore Electricity Supply
Stop Worrying, Start Stimulating–Economic Times
Our columnist Swaminathan S Anklesaria Aiyar has called for an Indian stimulus three or four times as large as the Rs 1,70,000 crore relief package
View: Putting finance on ice will only store up trouble for Covid-hit India – The Economic Times
By Andy Mukherjee Stop all the clocks. That’s what the Indian central bank is permitting lenders to do for three months after Prime Minister Narendra
Coronavirus lockdown: View: Scorching summer for banks ahead amid lockdown due to Covid-19 outbreak – The Economic Times
By Hari Hara Mishra For bankers, the approaching summer will not only bring a steady rise in temperature, but also branches and offices of the
EMI moratorium: Moratorium on loan EMIs, credit card dues will have an interest cost – The Economic Times
By Raj Khosla The Covid-19 relief package announced by the government last week is a welcome move. The RBI has left the implementation of the
Is EMI postponed for 3 months?–Economic Times
Mumbai: How many borrowers will use the moratorium on loans? It’s a key question that many banks are grappling with. Some lenders, particularly private sector
‘The positive effect of coronavirus is customers will not put all eggs in the Chinese basket’–Times of India
What is the scenario with Indian engineering exports this fiscal? Last year, we touched $81 billion in engineering exports, as against $76 billion achieved in
Lockdown to hit performance of commercial vehicle and SME loans in Indian asset-backed securities: Moody’s – The Hindu BusinessLine
The economic disruption caused by the 21-day lockdown will hit the performance of commercial vehicle and small and medium enterprise (SME) loans in Indian asset-backed
A holistic strategy is required to deal with Covid-19 – The Hindu BusinessLine
The govt should not look at the fiscal deficit till the pandemic is contained. Like in war time, the state could commandeer all resources for
The liquidity gush | Business Standard Editorials
The Reserve Bank of India (RBI) did well to advance the monetary policy committee (MPC) meeting and announce a range of measures to support the
Covid-19 crisis: Imposing a financial emergency can be useful | Business Standard Column
On March 26, the Centre for Accountability and Systemic Change (CASC), a governance reform outfit, filed a petition with the Supreme Court, seeking that the
Measures announced by RBI are enough for now but what next, Mr Das? | Business Standard Column
Last Friday, the Reserve Bank of India (RBI) did more than what the market was expecting from the central bank. It cut the policy rate
Strong economy may prevent India from recession; almost all G20 countries can face economic contraction – The Financial Express
As the spread of coronavirus is still unchecked and the disruptions in economic activities are not expected to end anytime soon, most of the countries
Hero MotoCorp suspends payments to suppliers amid lockdown – The Economic Times
NEW DELHI | MUMBAI: The country’s largest two-wheeler manufacturer Hero MotoCorpNSE -6.56 % said it’s invoking force majeure to suspend full payments to vendors, since
lockdown impact on msmes: A quarter of MSMEs may shut shop if the lockdown persists – The Economic Times
Bengaluru: More than one fourth of India’s 69 million micro, small and medium enterprises (MSMEs) may shut shop if the lockdown extends beyond four to
RBI’s guns boom: The Hindu Editorial on lockdown relief – The Hindu
India’s financial system will need more support as the virus crisis evolves The Reserve Bank of India (RBI) finally rolled out its big guns on
moratorium | RBI: Not having to pay at this time is the right thing: SMEs on RBI’s Covid-19 moratorium–Economic Times
As the ripples of Covid-19 pandemic are felt across the economy, the Reserve Bank of India on Friday said, “The priority is to undertake strong