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.
Rajnish Kumar says with economy slowing down, credit growth will decelerate, and adds that only 15-20% of SBI’s borrowers have availed of RBI’s loan moratorium.
Processes vary from bank to bank with some asking customers to write to them to avail the moratorium, while others asking borrowers to inform them to opt out.
Private sector banks were once considered to be more accountable with stringent regulatory practices in place. Yes Bank crisis has undermined these assumptions.
SBI has been helped by the resolution of some large bad loan accounts, such as Essar Steel India Ltd, but future profit may be constrained by slowing economy.
A staff-led bid is rare though not without precedent. Pilots of the airline have so far secured a commitment of about $430 million from external investors.
State Bank of India Ltd., the lead creditor of Jet Airways, issued a document on Monday, inviting bidders with a net worth of at least Rs. 10 billion, to submit their interest by April 10.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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,