RBI unveils loan recast plan for individuals, business

Loan recast under Resolution Framework 2.0 can be invoked up to September 30, 2021

DC Edit | Nurture is the best policy, but watch out for inflation

A low-interest rate regime is considered a key weapon to revive consumer demand and induce normalcy in the economy

Last month, HDFC Bank had submitted a detailed plan of action to the RBI to address repeated service disruption issues due to outage

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy

Terms of three members of the Monetary Policy Committee ended last month

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial year

Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said

As per RBI's latest annual report, the big note was not printed at all during 2019-20

Bank frauds down from Rs 43k crore seen in the April-June quarter of 2019

Report by SBI research says we're at the end of the rate-cut cycle which began in Feb. 2019