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Reserve Bank of India Monetary Policy Meeting June, No Change in Repo Rates, GDP Growth Rate Declined | दरांमध्ये कुठलेही बदल नाही, पण विकास दराचा अंदाज घटवला; चालू आर्थिक वर्षात 10.5% आता नव्हे तर 9.5% विकास दराचा अंदाज

Reserve Bank of India Monetary Policy Meeting June, No Change in Repo Rates, GDP Growth Rate Declined | दरांमध्ये कुठलेही बदल नाही, पण विकास दराचा अंदाज घटवला; चालू आर्थिक वर्षात 10.5% आता नव्हे तर 9.5% विकास दराचा अंदाज
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RBI: Microfinance institutions want more from RBI


Synopsis
Industry association Sa-Dhan has sought an emergency credit line for their members of up to 25% of their outstanding loans with lending Banks.
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With more people in rural pockets getting infected compared to what was seen last year, the lenders to the grassroots have turned cautious in business expansion.
Anticipating fresh erosion of collection efficiency and liquidity following the catastrophic second wave of the coronavirus pandemic, the microfinance sector has lobbied for further financial assistance from the Reserve Bank of India.
Industry association Sa-Dhan has sought an emergency credit line for their members of up to 25 per cent of their outstanding loans with lending Banks. MFIs would be able to mobilize Rs 15,000 crore if this is implemented. ....

National Bank , Small Industries Development , Agriculture Rural Development , Reserve Bank , Rural Development , தேசிய வங்கி , சிறிய தொழில்கள் வளர்ச்சி , இருப்பு வங்கி , கிராமப்புற வளர்ச்சி ,