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Rate cut puts squeeze on banks

New Delhi, May 25 -- Banks are staring at the unpleasant decision of reducing interest rates for millions of depositors already getting poor returns, as they try to protect margins while passing on th... Read More


Banks face a dilemma on lowering deposit rates any further

MUMBAI, May 24 -- Amid falling interest rate scenario and with growing pressure to lower lending rates and improve transmission, bankers are in a fix over balancing interests of borrowers and deposito... Read More


Loan moratorium extension will take care of cash-flow disruptions: Kumar

Mumbai, May 23 -- The Reserve Bank of India's (RBI) extension on Friday of the ongoing loan moratorium by another three months will take care of cash-flow disruptions for borrowers despite the absence... Read More


Economic package: Banks to go all out in pushing MSME loans

Mumbai, May 23 -- After finance minister Nirmala Sitharaman met heads of public sector banks on Friday, lenders said they plan to zealously implement the government's plan for credit push to small bus... Read More


India tests GDP negative: Now Reserve Bank nudges economy further

New Delhi, May 23 -- The Reserve Bank of India (RBI) delivered an emergency rate cut for the second time in as many months on Friday as it judged that the coronavirus pandemic poses a grave threat to ... Read More


India tests GDP negative: Now, Reserve Bank nudges economy further

New Delhi, May 23 -- The Reserve Bank of India (RBI) delivered an emergency rate cut for the second time in as many months on Friday as it judged that the coronavirus pandemic poses a grave threat to ... Read More


Stressed borrowers get a 3 month breather

New Delhi, May 23 -- Indian companies can suspend loan repayments to banks for another three months until end August and repay the accrued interest over seven months starting September, the central ba... Read More


RBI: Working capital borrowers can repay accrued interest till March 2021

MUMBAI, May 22 -- In what will ease the repayment pressure for working capital borrowers, the Reserve Bank of India (RBI) on Friday not only allowed another three months of deferment on interest payme... Read More


Loan moratorium extension will take care of cash-flow disruptions: SBI chief

New Delhi, May 22 -- The Reserve Bank of India's (RBI) extension on Friday of the ongoing loan moratorium by another three months will take care of cash-flow disruptions for borrowers despite the abse... Read More


RBI governor's address at 10AM: Five things to watch out for

MUMBAI, May 22 -- Reserve Bank of India (RBI) governor Shaktikanta Das will hold a briefing on Friday at 10 am, his third since the lockdown began on 25 March. Lenders and the Indian industry are wait... Read More