[ad_1] Forward of the fourth financial coverage overview on Friday when the market fears RBI might start to normalise the straightforward cash coverage by sucking out liquidity from the system, the price of borrowing for the states jumped by 6 foundation factors (bps) to a two-month excessive of 6.91 per cent. As many as 17 … Read more
[ad_1] The Reserve Bank of India on Friday introduced the opening of third cohort beneath the Regulatory Sandbox (RS) with MSME Lending as its theme. The window for submission of functions for the Cohort shall be open from 01 October 2021 to 14 November 2021. “The MSME section has emerged as the expansion engine of … Read more
[ad_1] The Reserve Bank of India (RBI) has revamped loan transfer and securitisation guidelines which might be anticipated to spice up liquidity within the system additional and enhance transparency and company governance. RBI allowed lenders to switch their mortgage exposures labeled as fraud to asset reconstruction firms (ARCs). It harassed on disclosures and instructed lenders … Read more