Searched for
FISCAL FORBEARANCE
Frame India's fiscal rules to enable counter cyclical fiscal policy: CEA KV SubramanianIndia should therefore continue its focus on economic growth to lift the poor out of poverty by expanding the overall pie. Because redistri...
Economic Survey asks government to act without fear on fiscal front, pegs FY22 growth at 11%India’s real GDP is expected to have contracted 7.7 per cent in the current fiscal year given the impact of the COVID-19 pandemic on the ec...
Ignore rating agencies, focus on healthcare: Economic Survey 2021 highlightsGovt sees FY22 GDP growth at 11 per cent, and nominal GDP (which accounts for inflation) at 15.4 per cent. This would mark the strongest gr...
Growth-inflation dichotomy crucial for ultra-loose monetary policy condition: India RatingsThe rating agency also expects the pressure on corporate credit profile to remain unabated, though regulatory forbearance and restricted bu...
Countries need to focus on fiscal forbearance amid pandemic, says NK Singh“In the context of the pandemic, we need to focus not on fiscal rectitude but on fiscal forbearance. Fiscal norms designed for normal times...
Not the time for fiscal prudence, govt must help industry: Mythili BhusnurmathThis is a nightmare. Once we get over that, you can try and mend the economy. Not now, says the consulting editor, ET Now.
Delay in bank loan repayment: Companies point to 'act of god', seek reliefRealty, hospitality and tourism companies want payment leeway from banks
Companies facing cash flow problem and a repo rate cut is needed: Aditya PuriThere is no large retail delinquency in our book, says the HDFC Bank MD.
Coronavirus impact: Bad loans may surge with private sector banks facing maximum riskA stress test conducted by the regulator prior to the outbreak of the virus showed that overall bad loans could rise to 10.5 percent of tot...
MSME loans up to Rs 25 crore get more repayment timeMove allowed to banks and NBFCs, will be applicable for dues between Sep '17 & Jan '18
RBI announces relief for MSME sector, gives 180 days more to pay their duesThis dispensation allowed to banks and NBFCs will be applicable for dues between September 2017 and January 2018 if the aggregate exposure ...
NPA probes to identify criminality, not chill lending: Raghuram RajanInvestigations into loan defaults should look at establishing criminality while guarding against indiscriminate targetting that can "chill"...
State-run banks’ recovery may be halted as they reel under the pressure of bad loansIn the current fiscal, gross non-performing assets of Indian banks are seen edging up by 20 basis points to 4.5% of loans, or rise by Rs 60...
Bad loans to rise to Rs 4-trillion for banks: CrisilBad loans are seen rising mainly because of withdrawal of regulatory forbearance on restructuring, and high slippages from restructured ass...
Mergers of inefficient PSBs likely as government shuts capital tap for non-performers: IcraThe limited availability of capital to some PSBs will impact their ability to grow and could eventually trigger a move towards consolidatio...
New CDR provision to push NPAs steeply to 5.7% in FY16: IcraWith the regulatory forbearance on restructured assets coming to an end from April, bad loans of banks may increase sharply to 5.7 per cent...
Ready to be more flexible in loan recast to spur growth: Raghuram Rajan"RBI is exploring ways to allow banks more flexibility in (loan) restructuring. This is a risk we are prepared to take if it allows more pr...