You Searched For "emergency lending facilities" and got 20 results
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7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
2 mins read
Markets must understand support programs propping up prices won't go on 'indefinitely', Dallas Fed's Kaplan says
The Dallas Fed president said that the markets need to function without support, and that "the Fed …
Emily Graffeo
2 mins read
IMF's chief raises emergency lending to $100 billion in response to coronavirus
"If the pandemic fades in the second half of the year-thus allowing a gradual lifting of containmen…
Shalini Nagarajan
2 mins read
RBI keeps lending rates intact, remains accommodative
Repo Rate (RR) is the rate at which the RBI lends money to commercial banks or financial insti…
4 mins read
The way forward for India’s emerging data centre market
Given India’s strategic location and availability of submarine cable landing infrastructure, land s…
2 mins read
New Development Bank should enhance emergency facility to USD 10 bn: FM
The Finance Minister also outlined various measures taken by India to respond to COVID-19 crisis in…
PTI
3 mins read
Fed's Powell says US still faces uncertain and uneven economic recovery after 'marked improvement'
Labor market pain has been disproportionately severe for lower-wage workers, women, African America…
Ben Winck
3 mins read
Former Fed economists recommend widening scope of $600 billion Main Street Lending Program
"The risk of permanent harm to labor markets" outweighs risks of overhauling the emergency lending …
Ben Winck
1 min read
The Fed's Main Street Lending Program is now open and encouraging banks to start making loans
Lenders can find registration documents on the program site and "are encouraged to begin making Mai…
Carmen Reinicke
2 mins read
Relief loans are going to areas with pre-existing bank relationships instead of most infected regions, Fed economists find
Virus hotspots including New York, Michigan, and Pennsylvania are receiving fewer PPP loan approval…
Ben Winck
3 mins read
A GOP senator's push to stifle Fed lending is the latest example of Republicans hampering stimulus progress
Democrats balked at the GOP senator's request, saying it was a last-minute demand not previously me…
Ben Winck
1 min read
RBI tells banks to assign 'zero' risk for emergency loans to MSME
The government in May introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providin…
PTI
2 mins read
Lockdown: Mahindra Logistics to provide relief-fund to drivers
To aid drivers impacted by lockdown, Mahindra Logistics on Monday launched an initiative that has p…
PTI
2 mins read
Global stocks get lift from vaccine hopes, but Mnuchin's decision to nix Fed lending programs limits gains
Shares in Europe rose on expectations that a UK-Europe Brexit trade deal could be announced as soon…
Shalini Nagarajan
2 mins read
Fed's Powell says $600 billion Main Street Lending Program and remaining initiatives will begin by June
Speaking at the same Senate hearing, Treasury Secretary Steven Mnuchin said the department is prepa…
Ben Winck
2 mins read
SBI disburses Rs 8,700 cr to MSMEs under emergency credit guarantee scheme
"MSMEs formed a very crucial part of the announcements made under the 'Atmanirbhar Bharat Abhiyan'…
PTI
2 mins read
The Fed will start buying corporate-bond ETFs on Tuesday — launching a key component of its emergency coronavirus response
While the credit facility's March 23 reveal boosted investor sentiment, markets have been anticipat…
Ben Winck
5 mins read
Jitters in the 'PropTech' sector: mortgage lending at Landbay falls by 95%
Gray Stern, cofounder and CCO of Landbay, told BI: "With our proof of concept phase complete we too…
Oscar Williams-Grut,Sarah Koc…
3 mins read
The Fed and the Treasury are butting heads over more emergency relief at a time when spiking virus cases make cooperation more important than ever
The Treasury's plan to pull funds from key lending programs leaves the struggling US economy "witho…
Ben Winck
2 mins read
The Fed will start buying debt backed by emergency small-business loans - giving banks more leeway to offer critical aid
The purchase program creates a new market for the debt and allows banks to shore up more cash for a…