Banks have so far lent 90% of the Rs 3 lakh crore under ECLGS announced last year to help small businesses tide over the pandemic, according to Crisil
RBI expressed confidence that banks are better positioned than before in managing stress in their balance sheets in view of higher capital buffers, im
Every retail borrower waiting to restructure loans should take a close look at the bank’s policy. By opting for moratorium or extended tenor, you wi
The RBI recently allowed individuals more time to repay their debt. This facility will be available to individuals and SMEs that are classified as sta
The 50,000-crore liquidity pool RBI governor announced on Wednesday will come in handy for a variety of companies along the COVID management chain.
A liquidity window of Rs 50,000 crore with tenure of up to 3 years at repo rate being opened till March 31st, 2022. Under the scheme, banks can suppor
RBI said individuals and small businesses with aggregate exposure of up to Rs 25 crores and those who have not taken restructuring earlier and were cl
The RBI governor said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to continue with thei
RBI governor Shaktikanta Das said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to contin
According to ICRA Ratings, gross non-performing assets of banks may worsen further to 9.9-10.2% by March 31, 2022