May 05, 2021 01:38 PM IST
Everything depends on how long the second COVID wave continues
- May 05, 2021 12:29 PM IST
Borrowers (individuals and MSMEs) with exposure up to Rs 25 crore who did not avail earlier facilities and where loans are standard as on March 31, 2021 will be eligible for restructuring in the second round till September 2020.
- May 05, 2021 11:23 AM IST
The most important weapon that we have against COVID-19 is the vaccine—but, to ride this second wave, we will have to rely on other measures as well
- May 05, 2021 11:09 AM IST
The scope to Video KYC has been extended to a new category of customers such as proprietorship firms, authorised signatories and beneficial owners of legal entities, Das said .
- May 05, 2021 11:07 AM IST
The restructuring under the proposed framework can be invoked up to September 30, 2021, and shall have to be implemented within 90 days of invocation.
- May 05, 2021 10:58 AM IST
In 2020, the RBI announced a six-month moratorium and a subsequent one-time restructuring facility for banks.
- May 05, 2021 10:54 AM IST
These are the key highlights from RBI governor Shaktikanta Das' speech
- May 05, 2021 10:44 AM IST
RBI has set a limit of Rs 10 lakh per borrower for the scheme and it will remain open till October 31, 2021, Shaktikanta Das said.
- May 05, 2021 09:38 AM IST
April collection comfort will be short-lived unless government fast-tracks vaccination and comes up with recovery steps once second COVID wave wanes
- May 05, 2021 08:56 AM IST
RBI Governor Address Highlights: Reserve Bank of India (RBI) Governor Shaktikanta Das announced a number of schemes, such as second round of loan restructuring and other relief measures.
- May 05, 2021 08:43 AM IST
The four messages are: the mass market has been hurt because incomes have been affected; supply chains have been disrupted; falling truck rentals are a sign of a faltering economy and exports are booming
- May 04, 2021 07:26 PM IST
Fed chief’s remarks came ahead of an upcoming Fed report on how the health crisis affected various sections of US population
- May 04, 2021 05:02 PM IST
Since the IPL insurance taken by the organisers has excluded COVID-19, no delays or cancellations in the 2021 matches will be eligible for claims; Rs 3,500 crore tournament cover related to weather-related or manmade disasters
- May 04, 2021 03:49 PM IST
Bansal Classes founder VK Bansal, who passed away after a prolonged illness on May 3, was behind Rajasthan's Kota becoming a Mecca for engineering aspirants.
- May 04, 2021 01:44 PM IST
If new cases and fatalities continue to pile up like this for a few more weeks, it will not only undermine incomes but induce people to save more for the hard times persistently
- May 04, 2021 01:21 PM IST
The government wants to incentivise local manufacturing by increasing customs duty. The plan is to increase the duty by up to 12 percent in three years from the current 5 percent. In Sept 2019, the CBIC had said there will be no hike in cutoms duty if manufacturers develop domestic capacity
- May 04, 2021 09:12 AM IST
IHCL's asset-light strategy and aggressive cost-cutting have come in handy during the pandemic
- May 03, 2021 10:55 PM IST
The CM has also requested that the deadline for the payment of principal and interest instalments against the business loan be extended by at least three months, official said.
- May 03, 2021 03:19 PM IST
In today’s edition of Moneycontrol Pro Panorama: India’ stringency index, why ‘yes’ eludes Yes, the churn in the MF industry, Trinamool’s victory lap, the commodity supercycle and more
- May 03, 2021 02:48 PM IST
Total crude imports by the world's third-biggest oil importer fell to 3.97 million barrels per day (bpd) in the 2021 fiscal year to March 31, down 11.8% from a year earlier, the data showed.
- May 03, 2021 12:16 PM IST
Inflation in manufactured goods prices the fastest in last seven years
- May 03, 2021 11:18 AM IST
Given the ferocity of the second wave in India, perhaps a stronger response is merited
- May 03, 2021 08:31 AM IST
Unlike a famine which makes it to the front pages of newspapers, there is very little interest about the systematic underfunding of public health
- May 03, 2021 08:24 AM IST
Government should take note of Supreme Court’s posers and make necessary course correction in the COVID vaccination programme
- May 02, 2021 05:10 PM IST
While Reliance Industries, Infosys, Hindustan Unilever Limited, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India emerged as gainers, Tata Consultancy Services, HDFC Bank and HDFC took losses in their market capitalisation (m-cap).