Governor Shaktikanta Das while speaking to the media said that the RBI circular to help MSME sector with loans up to rupees 25 crore needs to be addressed while keeping liquidity issues in view. he also added that he would be meeting the NBFCs shortly to see what best can be done to address their challenges..
Governor Shaktikanta Das while speaking to the media said that the RBI circular to help MSME sector with loans up to rupees 25 crore needs to be addressed while keeping liquidity issues in view. he also added that he would be meeting the NBFCs shortly to see what best can be done to address their challenges.
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RBI has decided to transfer a surplus of 1.76 lk cr - almost double the estimated figure for FY20. ET NOW spoke to former RBI Guv Rakesh Mohan on the mechanics behind the decision. He is confident that RBI's balancesheet is in good shape, even after the capital transfer. Listen in!
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We must pay more attention to MSMEs given their key role in the global economy.
For India, MSME means Maximum Support to Micro, Small and Medium Enterprises.
We have been working with our MSME sector to adopt the ethos of 'Zero Defect' and 'Zero Effect' on the environment.
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Hours after ruling Trinamool Congress MP Mahua Moitra levelled charges of 'extensive nepotism' inside the Kolkata Raj Bhavan orchestrated by Jagdeep Dhankar and dared him to sue her for the disclosures, the West Bengal Governor denied the charges as 'factually incorrect'.
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The Reserve Bank of India on Wednesday said adequate measures are being taken to address the liquidity situation. Deputy Governor Viral Acharya while listing measures addressing liquidity noted that the current situation does not warrant any such step given the sound health of the economy. Watch
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RBI Governor Shaktikanta Das has met private sector lenders on Thursday to take stock of issues affecting banks. ET Now's Neha Bothra learns from her sources that it was a general meeting to understand key issues. RBI Governor discussed issues around liquidity, asset quality and MSMEs. Listen-in!!!
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Monitoring liquidity, but won’t allow ‘loose money’ situation: RBI Governor
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Catch is a contemporary new digital platform about the ideas and events shaping the world. It aims to filter and provide news-on-the-run for an impatient new generation. It offers greater insight for influencers and the deeper consumer of news. When opinions are shrill and polarized, we hope to create a middle ground and build bridges. When there is a set thinking, we hope to stand apart and go against the wind. The world is complex, exciting, layered, evolving, always interesting. We hope to be the same.
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The Reserve Bank of India today issued a draft circular on liquidity risk management for NBFCs.
'The circular on the “Liquidity Risk Management Framework for Non-Banking Financial Companies (NBFCs) and Core Investment Companies (CICs)” to be adopted by all deposit taking NBFCs; non-deposit taking NBFCs with an asset size of Rs 100 crore and above; and all CICs registered with the Reserve Bank,' RBI said in a press release.
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