Finance Minister Nirmala Sitharaman to Meet PSU Bank Chiefs on Monday; to Review Credit Flow in Top Business News- News18.com published on May 10, 2020 leave a reply The meeting, to be held via video-conferencing, will also take stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments, sources said. from Top Business News- News18.com https://ift.tt/3clGOqz Tweet Share Share Share Share Previous Post Centre's Financial Stimulus 'Not Sufficient', Says Former RBI Governor Subbarao Next Post India Needs Large Fiscal Stimulus Amid Slowdown Risk Due to Covid-19: World Bank's Ex-Chief Economist post written by: Rohit Related PostsGlobal Bill of Coronavirus Pandemic May Top $4.1 Trillion, Forecasts Asian Development BankThe Asian Development Bank said that growth in developing Asia would likely fall to 2.2% in 2020 from 5.2% last year. from Top Business News- News18.com https:… Continue ReadingSensex Slumps 674 Points, Nifty Drops Below 8,100 Amid COVID-19 PandemicAxis Bank was the top loser in the Sensex pack, cracking over 9 per cent, followed by IndusInd Bank, ICICI Bank, Titan, SBI, Maruti, HDFC and Asian Paints. fro… Continue ReadingFitch Ratings Slashes India Growth Forecast to 30-year Low of 2% for FY21 Amid COVID-19 CrisisFitch Ratings also said micro, small and medium-sized enterprises and the services segment are likely to be among the most affected amid reduced consumer spendi… Continue ReadingIndia May Post Lowest Growth in Post-reform Period in FY21 Due to COVID-19 Lockdown, Says EconomistMoody's Investor Service last month also slashed its estimate for India's GDP growth during 2020 calendar year to 2.5 per cent and said that coronavirus outbrea… Continue ReadingUPI Payments System Records 1.25 Billion Transactions in March Despite National LockdownThe number of transactions was, however, 6% lower when compared with the previous month. In February 2020, UPI had seen 1.33 billion transactions worth Rs 2.22 … Continue Reading
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