At first blush, the idea seems outrageous. As a matter of policy, the Reserve Bank of India (RBI) has never allowed any major bank to
Category: RBI–Banks
India’s growth in next 2 quarters won’t be over 3 per cent: Pronab Sen – The Economic Times
New Delhi: Former chief statistician Pronab Sen on Thursday said the country’s growth in the next two quarters will not be more than 3 per
covid 19 impact on smes: Not all SMEs will survive the Covid-19 crisis, but what should an economic bailout package look like? – The Economic Times
The world over, financial packages have already been announced by nations in a bid to restore their economies amid the Coronavirus pandemic gripping countries across
TReDS Route to Discourage Layoffs
The best way for the government to induce employers to not lay off workers rendered redundant by the Covid-19 slowdown and lockdown would be to
MSMEs welcome govt’s decision to bear EPF contribution; to help small businesses in these key areas – The Financial Express
Ease of Doing Business for MSMEs: Finance Minister Nirmala Sitharaman’s decision on Thursday for the government to bear the 24 per cent contribution of both employee
Centre, RBI must take adequate measures to prevent rupee volatility – The Hindu BusinessLine
While a steady rupee decline is par for the course, sudden declines can be quite disruptive to economic activity and investor confidence The rupee’s sharp
Financing troubles for banks: Very tough financing situation coming up for banks, NBFCs: Saurabh Mukherjea – The Economic Times
My bigger concern in the stock market is the bond market and the money market. It is looking grim today; there is a pall of
Delay in bank loan repayment: Companies point to ‘act of god’, seek relief – The Economic Times
Mumbai: Business owners from real estate, hospitality and tourism sectors have approached banks citing the “Act of God” clause in their loan covenants to delay
Big to get bigger and there will be flight to safety and quality: Nilesh Shah – The Economic Times
Extraordinary times need extraordinary response. Would you agree with me? I agree with you 100%. These are tough times. These are extraordinary times and we
Real estate sector may not be much affected by the Corona crisis – The Financial Express
For the real estate sector, there is light at the end of the tunnel in the fact that an economic package will very soon be
Welcome changes to the Finance Bill–Economic Times
The slew of amendments to the Finance Bill — softening the tax blow on non-resident Indians (NRIs), expanding the equalisation levy to foreign ecommerce companies,
Wash hands after handling currency notes, appeals IBA to avoid risk of spreading coronavirus – The Economic Times
It said all the non-essential banking services, internet banking, mobile banking and electronic payment options such as RTGS and NEFT can be availed. In the
The other casualty of COVID-19: Union Budget for 2020-21 | Business Standard Column
Among the many casualties of COVID-19, the rapidly spreading respiratory disease caused by the coronavirus, there is one victim that seems to have escaped attention
FM Sitharaman’s relief package: All about convenient extensions of schemes? | Business Standard News
The news of the announcement of a package from the Finance Minister did raise a lot of expectations given the threat of a very negative
home loan: Real estate body asks for deferment of home loan EMI – The Economic Times
Real estate developers body are asking for deferment of housing loan instalments for 12 months, moratorium on project loans for 2 years, release of building
Agenda for small private banks: Bridge the trust deficit – The Economic Times
Once bitten, twice shy: That’s the best way to describe wary savers who had parked their money in Yes Bank or PMC Bank, and are
Nirmala Sitharaman: Tax filing dates extended, business rules eased, ATM, bank charges waived off in Covid relief measures. Here are key announcements by Nirmala Sitharaman – The Economic Times
Here are the key announcements: Tax measures *For Financial year 2018-19, last date for returns extended to June 30, 2020. Delayed payments made till June
covid-19: Omidyar Network India announces Rapid Response Funding for Covid-19 – The Economic Times
MUMBAI: Omidyar Network India has announced a call for proposals for rapid response funding to tackle the challenges posed by the Covid-19 situation and the
yes bank crisis: Former RBI governor Bimal Jalan blames Yes Bank for the crisis – The Economic Times
New Delhi: Former RBI governor Bimal Jalan has blamed Yes BankNSE -12.33 % for the crisis at the private lender and said some steps could
Covid-19: Can RBI mimic Fed’s actions to bring economy back on track? – The Hindu BusinessLine
RBI may have to don the lender’s suit as desperate times call for desperate measures The US Federal Reserve went full throttle on Monday, announcing