By Tanvi Loond All supplies of goods or services or both attract Goods and Services Tax (GST) at specified rates. In order to understand the requirement
Category: RBI–Banks
MSME delayed payments: Bill discounting platform to end cashflow crisis if existing loopholes are closed – The Financial Express
By R Narayan Credit and Finance for MSMEs: The Reserve Bank of India (RBI) in 2017 instituted an online bill-discounting platform called The Trade Receivable Discounting
Yes Bank shares: Deposits are another pain point for capital-hungry YES Bank – The Economic Times
By Suvashree Ghosh and Anto Antony When a former Yes Bank Ltd. executive started selling his stake in September, the Indian lender’s top managers watched
Growth in bank lending to small businesses remain flat in FY20 so far; here’s what RBI data shows – The Financial Express
Credit and Finance for MSMEs: Credit growth to micro and small enterprises (MSE) by banks remained contracted for December 2019 also in the current financial year,
MSME: MSME restructuring extension signify RBI’s shift in stance on asset quality, transparency: Fitch – The Economic Times
NEW DELHI: The RBI extending the MSME loan restructuring scheme and allowing relaxation in asset classification for certain real-estate projects signify a gradual shift away from the
Forbearance to stressed sectors likely to defer asset quality pressures: Fitch Ratings – The Financial Express
Allowing a one-time restructuring of loans to MSMEs and the announced relaxation in asset classification for certain real estate projects mark a further dilution of
RBI issues notification on CRR leeway for new retail, MSME loans – The Financial Express
The Reserve Bank of India (RBI) said on Monday that banks need not maintain the cash reserve ratio (CRR) on new loans given between January
Banks to get 5-year CRR relief for lending to auto, housing, MSMEs | Business Standard News
The Reserve Bank of India (RBI) on Monday said banks would not be required to maintain the cash reserve ratio (CRR) for five years on their deposits
RBI offers CRR exemption to banks for lending to auto, housing, MSMEs–Business Today
The central bank said banks can claim first such deduction from net demand and time liabilities of 14 February for CRR exemption In a bid
RBI offers growth pills after FM Nirmala Sitharaman ignores slowdown | Deccan Herald
Seldom has the Reserve Bank of India (RBI) marched in lock-step with the government the way it is doing now. Seldom has the government depended so
How much money will you get if your bank goes bust? | Business Standard Column
Finally, the deposit insurance cover has been raised five-fold to Rs 5 lakh — a huge comfort for small depositors, some of whom have been
RBI MPC: Easing without cutting–Economic Times
By Siddhartha Sanyal The MPC’s decision to keep the repo rate unchanged in February is no surprise. Given the spike in retail inflation prints in
Balanced approach to monetary easing – The Hindu BusinessLine
The MPC did its best, given that a rate cut was not feasible, by deploying other credit-enhancing steps for MSME and real estate The Monetary
Loans for auto, homes and SMEs likely to get a boost – The Economic Times
Home loans, vehicle loans and loans to MSMEs accounted for 22.4% of gross bank credit as of end December. The central bank Thursday sought to
RBI has opted for macroprudential intervention, unveiling two other “unconventional” policy arrows–Indian Express
The RBI is still very concerned about growth and the burgeoning negative gap between the current growth trajectory and potential growth. In its December policy,
RBI policy: Monsoon and spending pattern hold key for economic revival | Business Standard News
There has not been any surprise in the Monetary Policy Committee (MPC) action as the 7.4 per cent CPI inflation number for December provided little scope for
Two to tango: RBI’s policy introduces new tools to revive growth but government needs to help–Times of India
Yesterday the Reserve Bank of India’s monetary policy committee voted unanimously to keep the policy rate unchanged at 5.15%. This wasn’t surprising, given that the
RBI’s growth push | The Indian Express
The RBI is still very concerned about growth and the burgeoning negative gap between the current growth trajectory and potential growth. In its December policy,
RBI may cut interest rates by 40 basis points in FY21: Fitch Solutions | Business News,The Indian Express
A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its
To boost credit, liquidity mechanism is modified – business news – Hindustan Times
RBI has finalized WACR as the single operating target and withdrawn the current provision of maintaining assured liquidity of 1% of NDTL. The Reserve Bank