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BusinessToday.In
New Delhi, May 22, 2020
The monetary policy committee (MPC) is maintaining an accommodative stance until growth revives, Das also said


PTI
May 22, 2020
The government has in its economic stimulus package provided for 5 kg of foodgrain and Rs 500 per month for three months to poor women having Jan Dhan accounts


PTI
New Delhi, May 20, 2020
Under the modified PCGS, sovereign guarantee of up to 20 per cent of first loss will be provided to state-owned banks for purchase of bonds or commercial papers of NBFCs, MFIs and housing finance companies (HFCs) having a credit rating of AA or below


PTI
May 18, 2020
An extended moratorium will imply that companies need not repay loans until August 31, 2020. That, however, will result to a build-up in interest that companies may not be able to service in September


Mudit Kapoor
May 18, 2020
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


PTI
May 17, 2020
Activists fear that many of these women who were on medication for different diseases, including HIV-AIDS, will not be able to get proper treatment in their home towns


PTI
May 16, 2020
Pension disbursing banks will also accept Aadhaar-enabled digital life certificate \"Jeevan Pramaan\", according to govt guidelines


BusinessToday.In
New Delhi, May 15, 2020
Check out live updates on Finance Minister Nirmala Sitharaman's speech on economic package; on the third day of announcements, the FM is likely to come out with stimulus for ailing travel, tourism and aviation sectors


Manu Kaushik
New Delhi, May 15, 2020
Nirmala Sitharaman press conference: While each of these sectors has made specific demands, some of the common demands include tax holiday, GST (goods and services tax) holiday and payment of salaries to the employees by the government


BusinessToday.In
May 13, 2020
Finance Minister Sitharaman Live on Rs 20 lakh crore Economic Package: FM Nirmala Sitharaman announced Atma Nirbhar Abhiyan. Provident Fund contribution of employers and workers is being reduced from 12% to 10% each of wages for the next 3 months, announced FM Nirmala Sitharaman. She added that the EPFO benefit will lead to more take home salary.


Joe C Mathew and E Kumar Sharma
New Delhi, May 12, 2020
India badly needs a stimulus. Here's how to find the money


Nevin John
May 12, 2020
A total of 3.2 crore account holders in state-owned banks availed the moratorium on loans, Finance Minister Nirmala Sitharaman's office tweeted recently.


BusinessToday.In
New Delhi, May 10, 2020
SBI, however, confirmed that it is in the process to introduce soon a pre-approved personal loan offering through YONO to provide relief to its salaried customers who are facing cash-flow problem due to coronavirus


Munish Pandey
New Delhi, May 9, 2020
The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita, for defrauding Rs 414 crore


BusinessToday.In
May 9, 2020
The FM also said that about three crore farmers with agricultural loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium announced by the Reserve Bank of India (RBI) in March


Aprajita Sharma
May 9, 2020
When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI


Ashish Pandey
New Delhi, May 8, 2020
Amid the ongoing lockdown, people are spending more on cash-based services such as payments to nearby kirana stores, said Sameer Narang, Chief Economist, Bank of Baroda


Anand Adhikari
New Delhi, May 7, 2020
Experts suggest that bankers must have pushed the corporates to utilise their indrawn limits for 2019-20 so that they could show higher credit growth at the end of the financial year


Anand Adhikari
May 6, 2020
Borrowers have realised it's only deferment of EMIs and not a waiver, so they are staying away


BusinessToday.In
May 6, 2020
Coronavirus in India live updates: Home Affairs Secretary Ajay Bhalla has chided West Bengal for inadequate COVID-19 testing and highest mortality rate among states; Maharashtra remains the worst-hit state, followed by Gujarat and Delhi


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