The happenings in Yes Bank have a very mysterious look about them. The only thing that stands stark naked is that thousands of crores belonging
Category: RBI–Banks
MSME layoffs: MSMEs prepare for layoffs, closures, if impact is felt beyond April–Economic Times
MUMBAI: Medium and small businesses are bracing themselves for extended pain, layoffs, and even closure if the Covid-19 pandemic continues beyond April as they lack
SBI announces emergency credit line in light of COVID-19 – The Economic Times
Mumbai: India’s largest lender State Bank of India became the first bank to open an emergency credit facility for borrowers affected by the Coronavirus outbreak.
MSME lending: How data-driven access to online loans will empower small businesses – The Financial Express
By Alok Mittal Credit and Finance for MSMEs: Narayan was in dire need of working capital funds to manage booming demand at his restaurant. However,
Why have private bank stocks fallen sharply? – The Hindu BusinessLine
While IndusInd has fallen 70% since January, HDFC Bank, ICICI Bank and Axis Bank have lost 30-40% this year The turbulence in the stock market
Global health crisis needs multilateral response – The Hindu BusinessLine
Monetary policy alone cannot stop a coronavirus-induced recession. A coordinated public policy focussed on health is needed Back in September, the UNCTAD’s flagship publication, the
RBI sets contingency plan in motion, identitifies property to host personnel – The Hindu
Aim is to protect financial markets The Reserve Bank of India (RBI) has put in motion a contingency plan in the wake of the spread
Parley | Should distressed private banks be saved by PSBs? – The Hindu
It should be the last resort, but right now, the government is facing severe fiscal constraints A day after the government imposed a moratorium on
impact of coronavirus on smes: When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting – The Economic Times
For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to Covid 19
MSME: Proposal for relief to MSME sector on account of coronavirus – The Economic Times
NEW DELHI: A proposal has been sent to the Finance Ministry suggesting measures for providing relief to micro, small and medium industries to mitigate the
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
Cabinet likely to clear tabling of Bill on bilateral netting of financial contracts | Business News,The Indian Express
In a major step to implement much-needed financial sector reforms, the Union Cabinet on Friday may approve a proposal to introduce the Bilateral Netting of
Indian banks to appeal for relief on bad loans amid coronavirus concerns – The Economic Times
MUMBAI: Large banks had an emergency meeting on Monday evening to explore ways to lend a helping hand to businesses hit by the Covid-19 outbreak.
Lakshmi Vilas Bank: Lakshmi Vilas Bank initiates action against senior executives, prunes staff strength – The Economic Times
Private sector lender Lakshmi Vilas BankNSE -3.28 % has initiated action against three of its senior executives for not taking adequate safeguards while lending even
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Govt encouraging people to avoid using cash to stop coronavirus transmission – The Economic Times
The government has asked banks to encourage customers to use digital payment methods like UPI, NEFT, mobile banking and debit and credit cards instead of
Coronavirus impact on SMEs: India’s small businesses were struggling. Coronavirus may be their death knell – The Economic Times Video | ET Now
The coronavirus outbreak is making small businesses across sectors struggle to make ends meet. With GST compliance issues, slow domestic demand and demonetisation already playing
Stressed NBFC sector relying more on banks for borrowings: Care Ratings – The Economic Times
Facing difficulties in raising money from the capital market, non-banking financial companies are relying more on banks to meet their funding requirements, with lending to
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Covid-19 impact: India Inc seeks moratorium on loans, waiver on levies – The Financial Express
By Malini Bhupta Hit by near lockdown conditions across the country, Corporate India is expected to seek relief from the government. On a conference call on