The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept its repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15
Category: RBI–Banks
Bankers, analysts welcome RBI’s liquidity boosting policy measures | Business Standard News
Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged
RBI keeps rates steady to balance growth, inflation – business news – Hindustan Times
The Reserve Bank of India (RBI) on Thursday kept policy rates unchanged for the second time in a row as it saw inflation “elevated and
RBI will have to do heavy lifting to boost growth by cutting rates: HDFC Bank | Deccan Herald
The Budget does not provide any counter-cyclical stimulus to boost consumption, and the Reserve Bank will have to do the heavy lifting to boost growth
ठेवीदारांना धक्का – -महाराष्ट्र टाइम्स
ठेवीदारांना धक्का केंद्रीय अर्थसंकल्पातील तरतुदींतील तपशील स्पष्ट होत जात असताना त्याचे नागरिकांच्या आर्थिक भवितव्यावर होणारे परिणामही ठळकपणे समोर येऊ लागले आहेत. अल्पबचत योजनांना भांडवली बाजाराशी
How Kisan Credit Card NPAs are hurting SBI- Business Today
Along with states, the banks are also becoming the biggest casualties of rising NPAs due to KCC loans as it also impacts their balance sheets
NBFC: NBFCs’ wholesale book under severe stress: Report – The Economic Times
MUMBAI: Rating agency CrisilNSE 0.05 % on Tuesday warned of potentially high stress in non-banking lenders’ wholesale book well above the reported bad loan numbers by March,
Budget Impact on NBFCs | Budget 2020: A big positive for NBFCs, MSMEs–Economic Times
By Dinanath Dubhashi The budget has clearly kept its focus on boosting economic growth. It is noteworthy that despite significant challenges to revenue mobilisation, the government
CBDT cuts per day cash limit for payments – Check details – The Financial Express
The rule 6ABBA is deemed to have been inserted from the 1st day of September 2019, which mentions all digital or electronic mode of payments.
Union Budget 2020: Rs 5 lakh insurance in case bank goes bust; cover hiked from Rs 1 lakh now | Business News,The Indian Express
In a major relief to bank depositors, the government has proposed to increase deposit insurance cover from Rs 1 lakh to Rs 5 lakh. The
Bank depositors can breathe easy with ₹5 lakh cover – The Hindu BusinessLine
But deposit cover is still way below that in many other countries In a bid to restore the confidence of depositors, the Budget has increased
Banks score with personal loans, but it’s risky biz
India’s banking crisis, driven by high NPAs, has persisted for 6-7 years. During this time banks shifted to giving unsecured credit for personal loans, away
Eco Survey flags ‘disproportionate dwarfism’ of Indian banks, calls upon PSBs to become efficient – The Economic Times
New Delhi: Flagging “disproportionate dwarfism” of Indian banks as compared to the size of the economy, the Economic Survey on Friday called upon public sector
PSB Loan | Economic Survey: Disbursed Rs 37,106 cr under PSB Loans in 59 Minutes–Economic Times
All Central Public Sector Undertakings (CPSUs) to compulsorily procure at least 25 per cent of their total purchases from MSMEs. Tabling the Economic Survey for
economic survey 2019-20: Personal loans buck slowdown trend says Economic Survey 2019-20 – The Economic Times
The Economic Survey 2019-20 says that moderation in credit growth was witnessed across all the major segments of non-food credit, except personal loans, which continued
Eco Survey blames over-dependence on funding from liquid funds for NBFC crisis – The Economic Times
The Economic Survey 2019-20 says the problems faced by the NBFCs stemmed from their over-dependence on short-term wholesale funding from the liquid debt mutual funds.
ESOP for public sector bank employees mooted – The Economic Times
The Economic Survey 2020, prepared by chief economic adviser Krishnamurthy Subramanian and his team, has proposed skin in the game for public sector bank (PSB)
Protecting bankers | Business Standard Editorials
Bankers in the public sector have been reluctant to take lending decisions due to the fear of investigative agencies in case loans turn non-performing. The
Economic Survey: Financial sector reforms need the backing of government
The Economic Survey released this afternoon has forecast an improvement in India’s economic prospects. The GDP is expected to grow 6-6.5% in 2020-21, as compared
Right on, onward to universal factoring–Economic Times
Right on, onward to universal factoring The government has done well to ask all public enterprises to be present on an online trade receivables discounting
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