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This Article is From May 06, 2021

RBI's Loan Recast Scheme For MSMEs, Individuals To Arrest NPA Formation: CARE Ratings

RBI's Loan Recast Scheme For MSMEs, Individuals To Arrest NPA Formation: CARE Ratings
The Reserve Bank of India (RBI) logo is displayed outside the central bank in Mumbai, India. (Photographer: Kanishka Sonthali/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CARE Ratings Research Report

We have been studying the various measures announced by Reserve Bank of India in regards the Covid-19 pandemic.

The earlier measures had played a part in mitigating a burden caused by the pandemic, however considering the second wave of infections and the consequent economic disruptions, the RBI Governor Shaktikanta Das announced various measures to improve credit flow such as term liquidity facility of Rs 50,000 crore for emergency health services and liquidity measures for small finance banks.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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