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1 min read
NABARD removes the red flag from Reliance Commercial Finance
NABARD is a part of the consortium of lenders and is signatory to an inter creditor agreement (I…
1 min read
NABARD sanctions Rs 1,050 crore credit support to West Bengal
The development bank said the credit flow to the rural sector of the state is extreme important to …
PTI
2 mins read
Rural Fintech startup Jai Kisan raises Rs 30 cr from NABARD-back fund, others
"It didn't make sense to us that a poor woman borrower in the middle of nowhere is expected to gen…
PTI
2 mins read
Superman Modi to farmers’ rescue
Right from sourcing of inputs such as seeds, fertilisers and pesticides to machine requirements for…
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
1 min read
Bankers welcome RBI's steps to enhance liquidity
British lender Standard Chartered Bank's country chief executive Zarin Daruwala called the announc…
PTI
2 mins read
RBI measures to boost liquidity, incentivise banks to lend more to boost economy: FM
It has now been decided to increase the WMA limit of states by 60 per cent over and above the level…
PTI
1 min read
Banks uncertain over loan moratorium to NBFCs, to approach RBI
The funds availed under this will have to be invested in investment grade bonds, commercial papers,…
PTI
1 min read
Modi govt leaving no stone unturned to fight COVID-19: Amit Shah
The RBI on Friday further eased bad-loan rules, froze dividend payment by lenders and pushed banks …
PTI
1 min read
RBI proposes major changes in securitisation norms
The revisions in guidelines also take into account the recommendations of the Committee on Developm…
PTI
1 min read
RBI measures to expand bank credit, boost liquidity: Niti Aayog
The RBI on Friday further eased bad-loan rules, froze dividend payment by lenders and pushed banks …
PTI
2 mins read
Moratorium: 10 pc provisioning may shave Rs 35,000 cr off bank profits
After pumping in almost 3.2 per cent of GDP worth liquidity into the system since the February 6 m…
PTI
3 mins read
RBI trims reverse repo rate; unveils slew of liquidity measures to cushion impact of Covid-19
It has been decided that in respect of all accounts for which lending institutions decide to grant…
PTI
1 min read
Do away with GST on services by microfinance companies: Industry's Budget wish-list
New Delhi, Jan 9 () Microfinance industry body Sa-Dhan in its wish-list for Budget 2020-21 has urge…
PTI
1 min read
Sensex rallies 986 pts; rate-sensitive stocks soar post RBI boost
In his second televised address since the nationwide lockdown began on March 25, Reserve Bank of I…
PTI
2 mins read
Uttar Pradesh, West Bengal account for highest number of street vendors in India: SBI economists
According to a note released a day after the government announced a Rs 5,000-crore special credit …
PTI
2 mins read
RBI needs to further relax IRAC norms to protect financial system
"The announcement of excluding moratorium period from 90-day NPA period will prove to be a relaxati…
PTI
4 mins read
RBI eases bad loan rules, cuts reverse repo rate, freezes dividend payout by banks
In a measure that effectively meant that bad loans or non-performing asset (NPA) classification wi…
PTI
3 mins read
India's GDP growth likely to range up to 1.5 pc in FY21: CII
For MSMEs, CII has suggested a credit protection scheme whereby 75-80 per cent of the loan should b…
PTI
2 mins read
Markets vault after RBI's liquidity boost; post weekly gains
"While the RBI is doing its part in providing reliefs in the current times, the street could keep …