Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
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December 2019
RBI opens special liquidity facility for MFs
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
India Inc. welcomes RBI’s latest relief measures
Industry and experts say the latest measures will infuse liquidity into the system and help stabilise the economy which is reeling under the impact of Covid-19 pandemic.
RBI’s FRIDAY BAZOOKA TO BEAT COVID-19 BLUES
A ₹1-lakh crore liquidity window, reduction in reverse repo rate, support for NBFCs, and relaxation of NPA classification norms are ways in which the RBI wants to keep the economic wheel turning.
Eased liquidity may not have takers
With most industries having made a hard stop, the ‘productive on-lending’ that the RBI envisages may remain a pipe dream.
Real estate’s home truths
Though caught in a complex web of challenges—liquidity crunch, flagging consumer spend, and realignment with new reforms—hope floats for the realty sector.
Turbulence for NBFCs is far from over
India Ratings maintains a ‘negative’ outlook on the NBFC sector for FY21 in view of slower balance sheet growth, elevated slippages, and low-profit visibility.
IMF cuts India’s FY20 growth forecast to 4.8%
The IMF attributed the change in its outlook mainly to sharper than expected slowdown in domestic demand amid the turmoil in the non-banking financial companies (NBFCs) sector.
Piramal sells healthcare analytics business
The deal with the U.S.-based Clarivate will give Piramal Enterprises much needed liquidity to invest in its NBFC business.
Why India loves a crisis
How the IL&FS fiasco is transforming the face of non-banking finance companies and the ecosystem that supports it.
