Referring to loan growth, the company said the impact of Covid-19 on the book was mainly to the extent of reduction in disbursements post lockdown in March
Sitharaman announced a special liquidity scheme of Rs 30,000 crore for NBFCs, housing finance companies (HFCs) and MFIs, which are finding it difficult to raise money from the debt markets.
Research firm says important to re-visit ratings for portfolio liquidity, redemption pressures
The outflows seen in March are a quarterly and annual phenomenon whereby some institutional and corporate investors redeem and re-invest at the start of the new quarter/year, says Sivakumar
There is a facility of standby line of credit for MSMEs as well as PNB COVID-19 Emergency Credit Facility (PNB-CECF), the bank said
The special repo window, under which banks can borrow up to 90 days to extend loans or buy debt papers of MFs, remains open till May 11. The total amount banks can borrow is Rs 50,000 cr
According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore
RBI's steps will help in smooth functioning of financial markets
Anarock Chairman Anuj Puri said RBI's move will push credit flow into all industries reeling under the impact of the coronavirus
Sebi release also hints that authorities intend to keep the markets open despite demands to keep it close to prevent it from falling
The RBI allotted an amount of Rs 25,012 crore, with a pro-rata allotment percentage to 92.27 per cent
Market participants said that some volatility has already been factored in the schemes
The SBI Cards' IPO closed on March 5, and since then the market has come off 11%
The Fed is reassuring lenders that they should dip into those buffers if needed, the sources said
Proceeds to be used to shore up liquidity
Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator
Easy liquidity available earlier is drying up, debt is piling up, debt repayments are due and a lot of investors are looking for profitability and not just production growth.
The spread of coronavirus adds to significant uncertainty
Large inflows can increase policy challenges
Unlike banks, it said these types of companies do not have the repo window facility to borrow in times of need