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
Category: RBI–Banks
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
Should Yes Bank have been allowed to be declared insolvent? | Deccan Herald
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
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
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