The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has brought ...
Recommendations urging the Centre and the Reserve Bank of India to provide an urgent bank-backed credit lifeline to the country's Non-Banking Financial Companies (NBFCs) in the name of Covid-19 relief package are unfounded, industry insiders and sect ...
Recommendations urging the Centre and the Reserve Bank of India to provide an urgent bank-backed credit lifeline to the country's Non-Banking Financial Companies (NBFCs) in the name of Covid-19 relief package are unfounded, industry insiders and sect ...
Government's stringent and aggressive move of a full three-week lockdown, across the entire country to contain spread of novel coronavirus will much sharper impact on country's GDP in the April -June quarter that what was previously anticipated, Barc ...
(IANS) The Reserve Bank of India has extended the priority sector classification for bank loans to NBFCs for on-lending during FY 2020-21 so as to provide continued liquidity support to the sector facing a crisis following defaults by a few large ent ...
The Reserve Bank of India has extended the priority sector classification for bank loans to NBFCs for on-lending during FY 2020-21 providing continued liquidity support to the sector that had sunk into crisis following defaults a few large entities. ...
Clix Capital Services Pvt Ltd ('Clix') - one of India's leading digital-lending NBFCs - today announced the launch of its AI-enabled Bot 'Maya' to enhance the customer experience. ...