Page 19 - Bank Loans

Moratorium burden easing as Indian economy limps back to normalcy

Agents are now able to pay visits for recovery, and also the economic situation has not turned as dire as feared

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

Banks and the contagion

The interconnectedness of the banking sector and the contagion is there for us to see

Top headlines: Maruti Suzuki Q1 results, loans under moratorium and more

Here are the top headlines of the day

Don't extend loan moratorium, it is being misused, Deepak Parekh urges RBI

Says some able borrowers are using it to deliberately delay payments

Impact of loan moratorium on private NBFCs, HFCs can be substantial: RBI

In March, the RBI had announced a moratorium on repayment of term loans till May 31. It was later extended for another three months.

Bank recapitalisation is a must

We need to be clear about what 'recovery' means

Banks need to be recapitalised as moratorium ends on Aug 31: SBI report

Banks have to improve governance and sharpen their risk management skills, says research report.

Bankers divided on extending moratorium, fear potential spike in bad loans

Without regulatory intervention, slippages could surge 300 bps

Banks sanction Rs 1.27 trn loans to MSMEs under credit guarantee scheme

However, disbursements against this stood at Rs 77,613 crore till July 20 under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs)

Banks sanction Rs 1.23 trn loans to MSMEs under credit guarantee scheme

This data is as of July 15. However, at Rs 68,000 crore, the disbursed amount is 23 per cent of the promised Rs 3 trillion.

PSBs lend Rs 19,668 cr to 71 MSME hubs under credit guarantee scheme

The scheme is the biggest fiscal component of the Rs 20-trillion Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month

Many MSMEs are approaching banks for collateral-free loans: Survey

The rating agency said the survey was conducted over 2 weeks - between June 23 July 7 - and saw the participation of 345 respondents from a cross-section of sectors

Hotels in discussion with banks on loan recast after moratorium ends

For one, hotels with standard loans are in discussion with banks on increasing their terms by another 12 months.

Inevitability of defaults: Promoters gripe over loans being sold to ARCs

'Once the moratorium is lifted, we expect several companies to default. The bank will have no other option but to either restructure the loan or sell it to ARCs,' says a banker

Banks disburse over Rs 52,255 crore to MSMEs under credit scheme

However, this is against the sanction of Rs 1.10 trillion under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs) till July 1.

Covid-19 crisis: Banking credit shrinks 1.7% in May as lockdown bites

According to Reserve Bank of India (RBI) data, gross bank credit was down to Rs 91.08 trillion in May, from Rs 92.63 trillion in March.

Covid-19 pandemic may set back banks' recovery by years, says S&P

It also expects non-performing assets (NPAs) to hit a fresh high this year.

Payment of advance does not create lien over supplier's assets: Expert

Your rights arise only from the contract between you and the supplier, say expert

RBI's one-time restructuring scheme may be limited to Covid-hit sectors

Firms from the aviation, hospitality, and retail sectors are expected to be allowed to avail of the new scheme