COVID Loan Moratorium

COVID Loan Moratorium -Assessment For Interest Waivers

Finance Ministry is assessing the issue of interest waivers on COVID Loan Moratorium – Permitting a moratorium, but offering no relief through interest, is more

GECL MSME Loans

GECL MSME Loans – Bank is Ready to Lend, Customers Don’t Want to Take Risk, SBI chairman

GECL MSME Loans, No borrowers – SBI Chairman Mr Rajnish Kumar has said that Bank is Ready to Lend to borrowers but the customers don’t want

Government May Privatize Few Public Sector Banks

Government May Privatize Few Public Sector Banks

ET Prime has reported that Government May Privatize Few Public Sector Banks. It is believed that a selected group of top government officials has begun

bad-bank

Why is the Idea of ‘Bad Bank’ Good For Public Sector Banks ?

Opinion on Idea of Bad Bank, and it’s benefit for Public Sector Banks – The Indian Banks’ Association, IBA has requested the Government to set

MSMEs

MSMEs Don’t Need Fresh Loans, Even With Government Guarantee

MSMEs do not need fresh loans – This is strange but true, they do not need any loan even with the Government Guarantee. The major

collateral-free-loan

Opinion : Will Collateral Free Loans Kill the Public Sector Banks in Long Term ?

Collateral free loans under Government Rs 20 lakh crore stimulus package – If you believe on the analysis of Bank of America (BofA Securities), Government-owned

Revised-definition-MSMEs-askbanking

MSMEs New Definition, Turnover Based Classification Introduced

MSMEs New definition by Government – The government of India has changed the much awaiting classification of  the existing MSMEs with new one. The new

Loan-emi-moratorium8

No Takers for RBI’s 3-Month Loan EMI Moratorium

You will not believe that there are not much takers for RBI’s 3-month loan EMI moratorium offered by various banks due to COVID-19 pandemic. Borrowers