RBI Governor Shaktikanta Das says MPC kept its estimate for economic growth unchanged at 10.5 per cent for FY22. MPC also saw inflation edging up to 5.2 per cent in first half of new fiscal from 5% in January-March period and moderate to 4.4 per cent in Q3

The pandemic presented a chance to take leadership roles, as there were no business continuity plans (BCP) prepared for a scenario where the entire world gets locked in, the US-headquartered financial institution's country head for India, Kaku Nakhate said

The Reserve Bank of India's Financial Stability Report, released in January this year, showed that gross non-performing assets (NPAs) of banks may rise to 13.5 per cent by September 2021, under the baseline stress scenario

Bank of America won by focusing on large Indian firms and multinationals

In October last year, the RBI had announced on tap targeted long term repo operations (TLTRO) scheme for banks

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

To mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as the Partial Credit Guarantee Scheme (PCGS), Targeted Long-Term Repo Operations (TLTRO) and Special Liquidity Scheme (SLS)

The Reserve Bank had announced a resolution framework to help the entities facing financial stress on account of disruption in normal business activity on account of coronavirus pandemic

Under TLTRO, banks can invest in corporate bonds, commercial papers (CPs), and non-convertible debentures (NCDs) issued by the entities in specific sectors

Apex bank could take steps to fasten India's economic recovery after the coronavirus, but high inflation will most likely force it to keep the rates unchanged

Despite a widespread lockdown, the corporates and NBFCs managed to raise a cumulative Rs 1.87 lakh crore from the primary corporate bond market between April to June 24, 2020

The current low interest rate environment offers a good opportunity for HDFC to borrow short term funds. The current borrowing through non-convertible debentures have a maturity of less than two years

The banking system, which already has 9 per cent gross NPAs, now faces the danger of more loans slipping into NPAs. There are already some Rs 40 lakh crore of term loans under the RBI's six-month moratorium

RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds

This is the first-ever issuance of debentures by Baba Ramdev-led Patanjali Ayurved which intended to use fund to meet its working capital requirements and strengthen the supply chain network

In the week ending May 29, 2020, the banking system liquidity is expected to remain in a surplus position with the growth in the bank deposits and contraction in the bank credit off take

The available data shows how the sector has suffered in the past few weeks and is now trying to recover

Fiscal impact, or cost to government, of the relief package for coronavirus - touted to be worth Rs 20.97 lakh crore - is in the range of Rs 1.5- Rs 3.08 lakh crore, according to top ratings agencies

FM Nirmala Sitharaman will take stock of interest rate transmission to borrowers by banks and progress on the moratorium on loan repayments

In the first auction of TLTRO 2.0, RBI had received Rs 12,850 crore worth of bids, as against the notified amount of Rs 25,000 crore