Reserve Bank of India’s monetary policy committee on Friday lowered the repo rate by 0.75% to 4.4%, supplementing it by measures to enhance the flow
Category: RBI–Banks
RBI’s bold measures could be bolder–Economic Times
The three-month moratorium on servicing debt is the most tangible and effective policy measure announced by the Reserve Bank of India (RBI) on Friday. Lowering
moratorium | RBI: Not having to pay at this time is the right thing: SMEs on RBI’s Covid-19 moratorium
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
No new business, little profit: Banks face the squeeze – The Economic Times
MUMBAI: Indian banks will have to brace themselves for a prolonged period of lower profits resulting from a hit in revenues and almost zero new
Swaminathan Aiyar calls for a bigger Covid package on the lines of the US, says govt shouldn’t worry about fiscal deficit to deal with once-in-a-century crisis – The Economic Times
In an interview to ET NOW, Swami said that the government should shed inhibitions about a rising fiscal deficit and let the Reserve Bank of
Coronavirus crisis: SMEs send SoS to govt on salaries; else retrenchment inevitable–Business Today
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
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
aniltikotekar4sme.com 