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Govt mulls easing NPA norms

Move to increase 90-day window to 120 days to give more time to borrowers to service loans. Illustration: Dominic Xavier/Rediff.com The Centre is in talks with the Reserve Bank of India (RBI) and......

'After Covid, demand will be back with a vengeance'

'When there is unlocking, there is demand revival.''This is going to be the main growth engine in this kind of an economic scenario.'   Photograph: PTI Photo State Bank of India Chairman......

Pandemic to leave up to 3.7% of loans as NPAs: Report

Rating agency ICRA on Wednesday revised down its credit growth outlook for banks to 2-3 per cent for the current fiscal, and said the coronavirus pandemic-driven stress may leave 3.1-3.7 per cent......

FM to hold review meeting with lenders on loan recast scheme

The focus of the meeting will be on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies and identifying......

FM urges pvt banks to ensure smooth liquidity for MSMEs

The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective rollout of ECLGS and uninterrupted liquidity to Indian MSMEs in this difficult......
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Finmin widens scope of ECLGS, includes healthcare sector

Special Mention Accounts (SMAs) are those which are witnessing stress and can become NPAs/stressed assets. The finance ministry on Friday expanded... ...

https://economictimes.indiatimes.com/news/economy/policy/finmin-widens-scope-of-eclgs-includes-healthcare-sector/articleshow/82107054.cms
Govt mulls easing NPA norms

Move to increase 90-day window to 120 days to give more time to borrowers to service loans. Illustration: Dominic Xavier/Rediff.com The Centre is... ...

http://www.rediff.com/money/report/govt-mulls-easing-npa-norms/20210118.htm

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