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The paper, co-authored by RBI monetary policy committee member Janak Raj and three others, said concerns about asset quality must be addressed and lenders' capital positions strengthened to ensure policy actions have their full impact.
Central Bank to offer more to the ‘vaccinated’Public sector bank Central Bank of India is offering 25 basis points (one bps is 0.01 %) extra over card rates for citizens who got vaccinated. Senior citizens to get an additional 25 bps.
from Stocks-Markets-Economic Times … Read MoreEnsure business continuity, credit flows: RBI to BanksRBI Governor Shaktikanta Das told bank chiefs Monday to ensure business continuity and credit flows to underpin the nascent economic recovery even as an alarming second wave of infections is raising afresh disruption risks in… Read MoreNo RTGS service for 14 hours on April 18"RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, April 18, 2021. The NEFT system will continue to be operational as usual during this period," the RBI release stated.
from Stocks-Markets-Economic Ti… Read MoreStocks in the news: TCS, Adani Ports, Bandhan Bank, Coforge, YES Bank and Prabhat Dairy CreditAccess Grameen said its collection efficiency has improved to 94 per cent in the March 2021 quarter.
from Stocks-Markets-Economic Times https://ift.tt/3dSeaze
… Read MoreFinMin takes stock of stress in MFI loan bookMicrofinance portfolios in Gujarat, Rajasthan, Uttar Pradesh and southern states are performing fairly well if one goes by the credit bureau report, said MFIN chairperson Manoj Nambiar. “But stress is more visible in some sta… Read More
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