According to the IMF’s April 2020 World Economic Outlook, the global economy is set to contract by 3%. Within this subset, advanced economies are expected to contract by 6.1% while
NBFC crisis and the measures announced through Atmanirbhar BharatNBFC crisis and the measures announced through Atmanirbhar Bharat
I. Background The crisis in the Non-Banking Financial Companies (NBFC) sector has been in the making for the past couple of years. While a series of default by well rated
Atmanirbhar Bharat (fiscal package)-Measures announced for MSME sectorAtmanirbhar Bharat (fiscal package)-Measures announced for MSME sector
The Government of India has announced the first set of stimulus package for the poor amounting to Rs. 1.7 Lakh Crore (0.7% of GDP). Later, on May 14, 2020, the
Moratorium on loans due to Covid – Will it be a game changer?Moratorium on loans due to Covid – Will it be a game changer?
Dr. Madhavankutty G Head – Banking, Economy & Policy – ET Prime, Times Group Background: The Reserve Bank of India (RBI) first brought about a moratorium on loan repayments for