‘Risk management spends have the biggest payback’
Risk management software company BCT Digital CEO Jaya Vaidhyanathan says Indian banks will need to prepare for the worst while hoping for the best.
finance minister
June 2020
April 2020
March 2020
RBI MEASURES IMPRESS MARKETS
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
The pros of raising the FPI limit on debt securities
Enhanced foreign investment limits in debt securities will be a boon for India, more so in the near term, as Covid-19 combating measures will drain government resources.
Mallya repeats offer to repay 100% to banks
‘I wish the FM would listen in this time of crisis,’ the beleaguered industrialist tweeted; he has challenged an extradition warrant against him in the U.K.
RBI measures fail to cheer markets
Both the benchmark indices closed flat after huge rallies in three consecutive days; they ended the week with over 20% gains from the week’s lows.
₹50 lakh insurance cover for Corona warriors
Finance minister Nirmala Sitharaman says the package will benefit two million people fighting the Coronavirus outbreak.
Covid-19: AIMO seeks relief for MSMEs
Over 60 odd million MSMEs are in real danger due to market issues with over 92% drop in domestic sales compared to the same time last year, says industry body.
Covid-19: FM announces ₹1.70 lakh crore relief plan
Nirmala Sitharaman rolled out the package for those at the bottom-of-the-pyramid to cope with the lockdown in the country, in a bid to halt the spread of the new Coronavirus.
COVID-19: RBI CUTS RATES, INJECTS ₹3.7 LAKH CR
Repo rate slashed by 75 bps, governor says will do whatever it takes to mitigate Covid-19 impact; growth outlook for FY21 unclear.
Markets end in the green for 3rd consecutive day
Shorts’ covering on expiration day of March futures and options contracts helped the Sensex and the Nifty 50 gain 1,410 and 323 points each.
