Tag: RBI

RBI Launched 2nd Round of MSME Loan Restructuring
Finance, InFocus

RBI Launched 2nd Round of MSME Loan Restructuring

SMEStreet Edit Desk- May 6, 2021

RBI Governor Shaktikanta Das noted that the resurgence of Covid-19 pandemic in India in recent weeks and the associated containment measures adopted. Read More

Video KYC Process Gets Extension from RBI
Finance, Banking & Finance

Video KYC Process Gets Extension from RBI

SMEStreet Edit Desk- May 6, 2021

Accordingly, RBI governor Shaktikanta Das, in his virtual address also announced rationalisation of compliance to KYC requirements. Read More

RBI’s 8 Point COVID 2nd Wave Relief Agenda
LimeLight

RBI’s 8 Point COVID 2nd Wave Relief Agenda

SMEStreet Edit Desk- May 5, 2021

Credit Support Measures announced for Individuals, Small Businesses and MSMEs. RBI relaxes overdraft facility for state Governments Read More

RBI Announced Liquidity Support Second Wave Covid Battle
Agriculture, Apperal & Garments

RBI Announced Liquidity Support Second Wave Covid Battle

SMEStreet Edit Desk- May 5, 2021

By way of an additional incentive, said Das, such banks will be eligible to park their surplus liquidity up to the size of Covid loan ... Read More

RBI Announced OMO Activity with Rs 10000 Crore on May 6
Finance, Banking & Finance

RBI Announced OMO Activity with Rs 10000 Crore on May 6

SMEStreet Edit Desk- April 30, 2021

Under this OMO, the RBI will sell short-term securities worth Rs 10,000 crore maturing in the current band next year and purchase long-term securities of ... Read More

RBI Imposed Restrictions to Acquire New Customers on American Express Diners Club
News

RBI Imposed Restrictions to Acquire New Customers on American Express Diners Club

SMEStreet Edit Desk- April 24, 2021

RBI has imposed restrictions on American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May ... Read More

RBI Urged Banks To Keep Track of the Stressed Sectors
News

RBI Urged Banks To Keep Track of the Stressed Sectors

SMEStreet Edit Desk- April 16, 2021

During a meeting with the heads of public and private sector banks through videoconferencing on Monday, the Governor also highlighted the recent policy measures taken ... Read More