Extension of deadline for sub-debt scheme for MSMEs welcomed thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
₹2.46-lakh crore sanctioned under ECLGS - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Global real estate investment company Kennedy Wilson (NYSE: KW) announces that its debt investment platform has crossed $1 billion in loans secured by high-quality real estate across the Western United States. The new milestone comes on the heels of the company launching a new $2 billion debt platform in mid-2020.
The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors remain severely affected by the crisis.
In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. Unlike many central banks, the RBI s asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking, Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said. Other than conventional measures, RBI introduced long term repo operations (LTROs) and targeted long term repo operations (TLTROs) to augment the system as well as sector-specific liquidity to meet sectoral credit needs and alleviate stress, he said.