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Key Takeaways From RBI Governor's Measures Announced On May 5, 2021
At a time when 6 states contribute to most Covid 19 cases and the threat continues unabated, the RBI has come forth and extended relief for the various stakeholders. Here are the key takeaways from the ShaktiKanta Das unscheduled announcement made today:{photo-feature}...
Key Takeways From Rbi Governor S Measures Announced On May 5

Working Capital For Auto Companies May Get Costlier
Auto companies amid slowdown in the sector might see another blow as the leading lender has proposed a higher collateral. In its recommendation, SBI proposes collateral of 25% over and above the inventory on issuance or increase of loans. In an ...
Working Capital For Auto Companies May Get Costlier
ICICI Bank, PNB And Central Bank Lower Lending Rates
On Monday, ICICI Bank, Central Bank of India and PNB after the RBI's repo rate cut last month reduced their MCLR rate across tenures. The internal benchmark or MCLR has been cut by 10 bps to 8.65% for one year ...
Icici Bank Pnb And Central Bank Lower Lending Rates
RBI Removes 3 Banks From PCA Framework
The Reserve Bank of India has removed three banks including Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the prompt corrective action (PCA) framework that is invoked against banks with higher NPA level and insufficient capital, , subject to certain conditions ...
Few Assets That Increase Your Net Worth
Net worth of an individual is much more to account for than his individual bank balance and liabilities minus assets in totality adds up to your net wealth. So, if you are one of those who wants to add up ...
Few Assets That Increase Your Net Worth
RBI tightens norms for lending against gold jewellery
MUMBAI: Seeking to keep demand of gold under check, the Reserve Bank of India has tightened norms for loans against pledge of gold jewellery. "In order to standardise the valuation and make it more transparent to the borrower, it has ...
Rbi Tightens Norms For Gold Lending
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