RBI’s implicit assumption seems to be that the demand for loans will probably be for brownfield initiatives solely. By Amarendu Nandy & Prasenjit Chakrabarti Within the warfare towards Covid-19, RBI has thrown down the gauntlet by saying an ‘on-tap liquidity’ scheme for industrial banks. It has opened a mortgage window of Rs 50,000 crore, with
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In response to the RBI bulletin, company efficiency, in the meantime, is positioning itself for a flip within the enterprise cycle. The most important toll of the present second wave of the Covid-19 pandemic is when it comes to a requirement shock (lack of mobility, discretionary spending and employment, in addition to stock accumulation), though
RBI. Consultant picture NEFT service is not going to be obtainable for 14 hours on Could 23, the Reserve Financial institution of India stated in a press release at present (Could 17). The service can be unavailable attributable to NEFT system improve. Due to this, NEFT service is not going to be obtainable from 00.01
Till the time rupee doesn’t break the 73.50 to 73.70 zone, the view remains bullish By Amit Pabari While flipping a coin in the sky, your expectation built up strongly in favour of either ‘Head’ or ‘Tail’. And if the outcome goes in your favour then definitely for the next time you build up more
SS Mallikarjuna Rao, MD and CEO of Punjab National Bank, said on-tap liquidity of Rs 50,000 crore for Covid-related health care sector along with the incentives for banks like priority sector classification and higher interest on surplus liquidity window will ease access to emergency health services. By Ankur Mishra The Reserve Bank of India (RBI)