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June 4, 2021
India Inc looks forward to repo rate cut in future SECTIONS Last Updated: Jun 04, 2021, 07:05 PM IST Share Synopsis The RBI decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, as the economy faces the brunt of the second COVID-19 wave. PTI India Inc on Friday said it is looking forward to a repo rate cut in future as cost of funds has to come down in coming times, and expects continuation of accommodative policy stance by the Reserve Bank...
June 4, 2021
The Reserve Bank of India (RBI), which had announced the Resolution Framework 2.0 on May 5, 2021 for resolution of COVID-19 related stress of MSMEs as well as non- MSME small businesses, and loans to
June 4, 2021
Crisil fears large companies will benefit from RBI sops for contact-intensive sectors SECTIONS Last Updated: Jun 04, 2021, 10:52 PM IST Share Synopsis Earlier in the day, the RBI relaxed the eligibility criteria for the restructuring window offered under the Resolution Framework 2.0 to Rs 50 crore. Earlier, only half of the rated companies were eligible for the package when the loan eligibility threshold was set at Rs 25 crore. It also launched the Rs 15,000-crore liquidity facility. PTI Leadin...
June 4, 2021
Read more about Continuing to lend a calming hand, RBI has its job cut out from here on on Business Standard. With inflation pressures likely to remain intact, the other critical input for the RBI will be the global monetary policy conditions, especially in the US
June 4, 2021
The announcement of a separate liquidity window of Rs 15,000 crore to mitigate the second COVID-19 wave on the certain contact-intensive sector by RBI
June 4, 2021
The Reserve Bank of India (RBI) has doubled the exposure threshold for MSMEs looking to apply for restructuring their business. The limit was earlier locked
June 4, 2021
The central bank doubled the loan restructuring limits of struggling small businesses to Rs 50 crore from Rs 25 crore in view of the impact of the second wave of COVID-19 on such companies
June 4, 2021
The Reserve Bank of India (RBI) has increased the exposure threshold to benefit under its Resolution Framework 2.0 to Rs 50 crore.The Resolution Framework 2.0 announced by RBI on May 5, 2021, so far had mandated a maximum aggregate exposure ...
June 4, 2021
By way of an incentive, banks will be permitted to park their surplus liquidity up to the size of loan book created under this scheme with the RBI under reverse repo window at a rate which is 25 basis points lower than repo rate.
June 4, 2021
Chairman of Apparel Export Promotion Council A. Sakthivel has said that the Reserve Bank of India policy review on Friday will facilitate the industry to bounce from the impact of COVID-19. As the cou