Slippage of 20% on loans under moratorium to weigh on capital ratios
Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35 per cent from 3.75 per cent - both at their historic lows.
Although the government has allowed NBFCs, HFCs to start operations, they have not allowed resumption of operations in hotspots and have also not permitted field activities
A bank will not, upon resumption of its business, honour or negotiate under a credit that expired during such interruption of its business
Moratorium on loans should be offered, say CFOs
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt
As sales falter, banks tighten lending norms for auto dealers
Bank credit growth is up by 14.88 per cent to Rs 91.1 trillion, as of November 09, compared to Rs 79.3 trillion, one year ago