The central bank also permitted lenders to restore margins for working capital loans to their original levels by 31 March, 2021To help mitigate the impact of lockdown and revive the economy, the RBI today cut repo rate by 40 basis points to 4%
2 min read22 May 2020Problem with loan against property has more to do with the lenders than the borrowers
3 min read19 May 2019The short-term loan will be drawn in September in one or more tranches
1 min read7 Sep 2018RBI wants companies to meet their working capital needs first through demand loans so that banks can predict their outflow
2 min read18 Jun 2018Rising raw material costs, worsening of the working capital situation due to GST and DBT implementation mean investors in fertilizer stocks would do well to prepare for earnings challenges in the near future
2 min read19 Mar 2018Gitanjali Gems’s financial position does not look very healthy, and recovering their money is not going to be an easy task for the banks
2 min read19 Feb 2018Interested banks have to submit their bids by 12 December, indicating the amount of loans they are willing to offer
1 min read9 Dec 2017Air India has tied up with public sector bank PNB and private lender IndusInd to secure loans to the tune of over Rs3,000 crore for meeting working capital requirements
1 min read27 Sep 2017With barely a week left for GST rollout, companies are awaiting clarity on how area-based exemption benefits can be availed after 1 July
3 min read26 Jun 2017The performance of BHEL, India’s largest power generation equipment manufacturer, shows the hapless state of these manufacturers
2 min read2 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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