Page 7 - Resolution Framework News Today

Enhances maximum aggregate exposure to ₹50 crore for MSMEs and others

The regulator had earlier announced resolution framework 2.0 under which maximum exposure of Rs 25 crore for MSMEs as well as non-MSME small businesses, and loans to individuals for business purposes could be recast if they faced.

Uniindia: Mumbai, Jun 4 (UNI) Reserve Bank of India (RBI), in a bid to expand the coverage of the Resolution Framework 2.0, announced a doubling of the maximum aggregate exposure to Rs 50 crore on Friday.

CentralBankNews.info - central bank news and information with updates on monetary policy and interest rates from central banks around the world

RBI likely to keep key rates steady, liquidity steps eyed RBI likely to keep key rates steady, liquidity steps eyed The Reserve Bank of Indias Monetary Policy Committee is likely to keep key interest rates unchanged when it announces its decision after a three-day meeting. The central bank is also expected to reiterate its commitment on liquidity. advertisement UPDATED: June 2, 2021 16:47 IST RBI is expected to keep epo rate unchanged at 4% for a sixth straight meeting. (Photo: Reuters) Indias ...

The decision was announced jointly by the State Bank of India and the Indian Banks Association in a news conference in the aftermath of the devastating second wave of Covid-19 (IBA).

Business loans for healthcare facilities up to Rs 100 crore will be provided to setup or expand healthcare infrastructure.

The All India Gem And Jewellery Domestic Council (GJC) has written to Union Finance Minister Nirmala Sitharaman and the Reserve Bank of India (RBI) seeking immediate financial assistance and banking related relief for the stressed gem, ...

Read more about PSU banks to follow template with three loan buckets for recast 2.0 on Business Standard. Lenders come out with standardised products to help mitigate Covid crisis

Public sector banks (PSB) will provide unsecured personal loans of up to Rs 5 lakh to individuals for meeting their expenses of Covid treatment.The decision, which comes in the wake of the severe second wave of Covid-19, was announced jointly ...