With factories closed and cash flow virtually dried up, small and medium private firms want the government to come up with financial support for payment
Category: RBI–Banks
Coronavirus outbreak: Why FM Sitharaman’s decision to relax IBC is an important move for businesses–Business Today
The strengthening of the Covid-19 problem also presents an existential crisis for India’s SMEs and SSMEs which have been grappling with a fall in consumer
EMI moratorium: RBI’s moratorium on loan EMIs: What we know so far – The Economic Times
The three-month moratorium is applicable to all term loans. That means car loans, home loans, corporate loans, education loans, personal loans. The RBI has made
Covid-19 scare: Depositors withdraw Rs 53,000 crore cash in 15 days – The Economic Times
Mumbai: Indians have been withdrawing cash from banks this month to prepare themselves for likely emergencies, with the Covid-19-induced shutdown in the last week of
ET View: RBI should better target liquidity injection – The Economic Times
It is reassuring that RBI governor Shaktikanta Das has reiterated that, “all instruments – conventional and unconventional—are on the table.” It is welcome that the
term loans: What 3 month moratorium on repayment of term loans means for borrowers – The Economic Times
By Pragati Kapoor Prima facie, the 3 month moratorium on repayment of term loans by borrowers means that they would not have to pay the
Repayment moratorium covers all loans, including credit card dues: RBI – The Economic Times
Mumbai: The moratorium on loan repayment between March 31 and May 31, is applicable on all types of retail credit, including credit card outstanding balances,
RBI loan recast: Wish RBI had allowed one-time loan recast: Keki Mistry – The Economic Times
The bond markets have been virtually frozen and raising money from the bond market has been extremely difficult. RBI deserves a justifiable praise. Has the
Reassurance And Some Relief: RBI announces emergency measures but more is needed to remain afloat
In light of the coronavirus pandemic, RBI governor Shaktikanta Das has announced the emergency slashing of the repo rate by 75 basis points. He also
P Chidambaram welcomes RBI measures but says EMI deferment ambiguous, half-hearted – The Financial Express
Chidambaram said RBI’s direction on deferment of EMI payments is ambiguous and half-hearted. Congress leader P Chidambaram on Friday welcomed the RBI decision to cut
Coronavirus lockdown: Exporters urge govt to allow them to operate factories with minimum workforce – The Financial Express
Exporters have demanded a host of steps such as allowing them to operate their factories with minimum workforce, subsidy on interest rates, and extension of
RBI’s rate cut provides the much-needed balm to revive the economy | Business Standard News
A rate cut by the Reserve Bank of India (RBI) was much expected this time and the Governor did not disappoint. The aggressive cut of
Realtors say RBI decisions to boost liquidity; seek quick transmission | Business Standard News
The RBI’s decision to cut key rates and give three-month moratorium on all term loans will boost liquidity and ease debt pressure, provided banks pass
RBI slashes repo rate and unleashes other tools to tackle COVID. What does it mean to banks and borrowers? – The Hindu BusinessLine
After dragging its feet over the past two weeks, the RBI stepped up its efforts substantially on Friday, bringing in much-needed relief to banks, corporates
Moratorium on term loans may pose operational challenges for banks – The Hindu BusinessLine
Radhika Merwin In a bid to ease the pain of banks and borrowers owing to the Covid-19 crisis, the RBI has provided three-month moratorium on
Macroeconomic risks likely to be severe, warns RBI chief – The Hindu BusinessLine
Apart from the continuing resilience of agriculture and allied activities, most of the sectors will be adversely impacted by the Covid-19 pandemic in FY21, cautioned
Get on With Corporate Bond Purchases, RBI–Economic Times
Reserve Bank of India (RBI) needs to shore up liquidity in the financial system. True, RBI has been boosting liquidity lately, with repurchase obligations (repo)
India’s MSME sector swells, adds these many enterprises in FY20; micro businesses dominate – The Financial Express
Even when the lockdown period ends, it will take time for the economy to be fully up and running. The 21-day shutdown announced by the
MSMEs are in the ICU; a bandaid will not help, say industry representatives – The Hindu BusinessLine
MSMEs (micro, small and medium enterprises) say it is going to be a nightmare for them for the next 3-6 months even if things get
Banks working out credit lines to ease redemption pressure at MFs – The Hindu BusinessLine
Banks, especially from the public sector, are working out credit lines to support mutual funds (MFs), which are currently up against year-end redemption pressure. This
aniltikotekar4sme.com 