The Reserve Bank of India's (RBI) revised regulatory framework for the housing finance companies (HFCs) will help them improve risk management and governance and thus become financially sound to withs
Under the scheme, borrowers' accounts will not be downgraded as sub-standard or 'non-performing' if their loans are restructured
MPC has enhanced the scope of policy debate
External member Jayanth R Varma differed on wordings on the stance, while preferring to keep it accommodative for an extended period
The meeting, which was held through video conferencing, also deliberated on the issues concerning financial stability in the present context
With the unlocking process on course, festival season is expected to lead to further rise in demand for credit
Currently, there are two interoperable QR codes -- UPI QR and Bharat QR
The Reserve Bank of India (RBI) on Thursday fixed the minimum Net Owned Fund (NOF) size for housing finance companies at Rs 25 crore.
Indian economy is nearing revival from the Covid-19 pandemic, said RBI Governor Shaktikanta Das, adding it is very important that the financial entities have adequate capital
The on-tap TLTRO scheme will remain operational till March 31, and all banks will be eligible to participate
Given the level of economic decline, it is reasonable to expect the government to significantly increase spending and support economic activity
Liquidity availed by banks under the scheme has to be deployed in corporate bonds, commercial paper and non-convertible debentures issued by the entities in specific sectors
While the low interest rate policy may or may not help with investment, output and employment, it can aggravate, if not cause, financial instability
Here's a selection of Business Standard opinion pieces for the day
Markets do not view banks with low capital favourably and offer funds at a higher rate, says study done independently.
Centre's decision to borrow doesn't fully address the GST issue
Developed countries may be permanently ending austerity
The upgrade of the offsite surveillance system is welcome, but it should not have coincided with the dilution of the rigour of onsite examination
Size may be enhanced in the subsequent auctions depending on market response
State-run Indian Bank said it has launched a facility on its website for its personal loan borrowers to submit the requests for restructuring of their loans under RBI's one-time loan recast norms.