Banks are relying on a pick-up in economic activity amid unlock phase and borrower profiles to expect that majority of loans under moratorium won’t turn bad.
Though Modi govt eased restrictions after 40 days, a majority of bank loans and deposits are concentrated in areas designated red zones, noted the study.
Kerala is the first local government to sell an offshore rupee-denominated bond & will list Rs 21.5 billion of Masala bonds on the London Stock Exchange Friday.
SBI’s shares surged to a six-week high after it reported a record loss on Tuesday, after a similar contrarian market reaction by ICICI Bank Ltd. and Axis Bank Ltd. reported poorer-than-expected earnings.
The Russia-Ukraine war exposes a complex paradox of power where the world’s most powerful country, with all its resources, is falling short in coercing a much more weakened Russia to kowtow to its demands.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
Small finance Banks have a high moratorium percentage of their loans as against large banks ,This can be
expected as these are small borrowers and may run into cash flow problems due to troubles during
covid-19 lock down period,They deserve the help. NPA probabilities of these loans are negligible.
We can see that HDFC and ICICI banks are exercising their discretion in administering the RBI s moratorium facilty .probably to suit the needs of the customers,
The bank has to exercise as much of a customer analysis as in the phase of loan sanction in allowing
the use of moratorium facility depending on the cashflow position of the borrowers as well as the
the 3 Cs of credit to see that it does not turn to an NPA,
Small finance Banks have a high moratorium percentage of their loans as against large banks ,This can be
expected as these are small borrowers and may run into cash flow problems due to troubles during
covid-19 lock down period,They deserve the help. NPA probabilities of these loans are negligible.
We can see that HDFC and ICICI banks are exercising their discretion in administering the RBI s moratorium facilty .probably to suit the needs of the customers,
The bank has to exercise as much of a customer analysis as in the phase of loan sanction in allowing
the use of moratorium facility depending on the cashflow position of the borrowers as well as the
the 3 Cs of credit to see that it does not turn to an NPA,