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Microfiance sector seeks RBI's additional support to combat COVID-19 second wave

Microfiance sector seeks RBI s additional support to combat COVID-19 second wave
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Last Updated: May 11, 2021, 08:14 PM IST
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RBI timely intervention for the sector and its recent announcement of special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance Banks and categorization of lending by SFBs to MFIs under Priority Sector Lending has been of immense help, Sa-Dhan executive director P Satish said.
Reuters
The microfinance industry has sought additional support, including an extension of the emergency credit line, from the Reserve Bank of India to combat the challenges arising out of the second COVID-19 wave. Sa-Dhan an association of the microfinance sector, in a letter to the RBI, asked for the Partial Credit Guarantee Scheme 3.0, emergency credit line, special liquidity facility in addition to the recently announced support measures by the central bank. ....

Reserve Bank , Partial Credit Guarantee Scheme , Small Finance Banks , Priority Sector Lending , இருப்பு வங்கி , பகுதி கடன் உத்தரவாதம் திட்டம் , சிறிய நிதி வங்கிகள் , ப்ரையாரிடீ துறை கடன் ,

Rising cases of Covid to hit securitisation volume in near term: Crisil

Rising cases of Covid to hit securitisation volume in near term: Crisil
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Krishnan Sitaraman , Rohit Inamdar , Crisil Ratings Ltd , Senior Director , Deputy Chief Ratings Officer , Partial Credit Guarantee Scheme , ரோஹித் இனம்தர் , மிருதுவான ரேடிஂக்ஸ் லிமிடெட் , மூத்தவர் இயக்குனர் , பகுதி கடன் உத்தரவாதம் திட்டம் ,

NBFCs expect continued liquidity stimulus in Budget 2021

NBFCs expect continued liquidity stimulus in Budget 2021
To mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as the Partial Credit Guarantee Scheme (PCGS), Targeted Long-Term Repo Operations (TLTRO) and Special Liquidity Scheme (SLS)
PTI | January 21, 2021 | Updated 09:24 IST
Cyril Amarchand Mangaldas partner L Viswanathan said in the recent years, NBFCs that are important intermediaries of credit have faced concerns of liquidity, governance and solvency and it is hoped that the Budget will ease some of the pressures
Non-banking finance companies expect the government to provide continued liquidity support by encouraging banks to lend more to the sector, setting up a permanent refinance window and relaxing external commercial borrowing norms in the upcoming Budget. The government will present the Budget for fiscal 2021-22 on February 1, 2021. ....

Nirmala Sitharaman , Anirban Chakraborty , Cyril Amarchand Mangaldas , Tourism Finance Corporation Of India , Satin Creditcare Network , Industry Development Council , Union Budget , Moneyboxx Finance Ltd , Reserve Bank , Partial Credit Guarantee Scheme , Targeted Long Term Repo Operations , Special Liquidity Scheme , Star Capital , Finance Minister Nirmala Sitharaman , Finance Industry Development Council , Amarchand Mangaldas , Mayur Modi , Finance Corporation , Budget Chatter , Nbfc Sector , Budget 2021 , Budget 2021 22 , Union Budget 2021 , Union Budget 2021 22 , Union Finance Minister , Nbfc Sector Budget Expectations ,

NBFCs seek continued liquidity support in upcoming Budget

To mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as the Partial Credit Guarantee Scheme (PCGS), Targeted Long-Term Repo Operations (TLTRO) and Special Liquidity Scheme (SLS). ....

Nirmala Sitharaman , Anirban Chakraborty , Cyril Amarchand Mangaldas , Tourism Finance Corporation Of India , Satin Creditcare Network , Industry Development Council , Union Budget , Moneyboxx Finance Ltd , Reserve Bank , Partial Credit Guarantee Scheme , Targeted Long Term Repo Operations , Special Liquidity Scheme , Star Capital , Finance Minister Nirmala Sitharaman , Finance Industry Development Council , Amarchand Mangaldas , Finance Ltd , Mayur Modi , Finance Corporation , Reserve Bank Of India , Union Budget 2021 , Budget 2021 , அனிர்பன் சக்ரவர்த்தி , சிரில் அமர்சந்த் மங்கல்தாஸ் , சுற்றுலா நிதி நிறுவனம் ஆஃப் இந்தியா , சாடின் கடன் பராமரிப்பு வலைப்பின்னல் ,

NBFCs seek continued liquidity support in upcoming Union Budget

Read more about NBFCs seek continued liquidity support in upcoming Union Budget on Business Standard. Non-banking finance companies expect the government to provide continued liquidity support by encouraging banks to lend more to the sector ....

Nirmala Sitharaman , Anirban Chakraborty , Cyril Amarchand Mangaldas , Tourism Finance Corporation Of India , Satin Creditcare Network , Industry Development Council , Union Budget , Moneyboxx Finance Ltd , Reserve Bank , Partial Credit Guarantee Scheme , Targeted Long Term Repo Operations , Special Liquidity Scheme , Star Capital , Finance Minister Nirmala Sitharaman , Finance Industry Development Council , Amarchand Mangaldas , Finance Ltd , Mayur Modi , Finance Corporation , Non Banking Financial Institutions , Nbfc Latest News , Nbfc Latest Udpates , அனிர்பன் சக்ரவர்த்தி , சிரில் அமர்சந்த் மங்கல்தாஸ் , சுற்றுலா நிதி நிறுவனம் ஆஃப் இந்தியா , சாடின் கடன் பராமரிப்பு வலைப்பின்னல் ,