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Loan borrowers take note! RBI announces new measures for transparency in annualised interest rates you pay | India Business News

India Business News: The Reserve Bank of India (RBI) is introducing new measures to enhance transparency in the annualised interest rates paid by loan borrowers. Find out more about the RBI's initiatives and how they can benefit you. ....

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Retail loans constitute large share of loan recast by private banks

Overall restructuring of loans was low for most private sector banks; these banks have made sufficient provisions ....

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RBI comes to the rescue yet again! But, don't forget the risks

RBI comes to the rescue yet again! But, don t forget the risks
The measures announced by the Reserve Bank Governor Shaktikanta Das are timely and directed at certain segments
Anand Adhikari | May 5, 2021 | Updated 12:49 IST
RBI Governor Shaktikanta Das
The RBI has announced a series of measures to protect small borrowers and MSMEs amid the second Covid-19 wave in the country. The measures are timely and directed at certain segments. But more checks and balances are needed as risks increase for the financial system.
Ensuring flow of money to mid-sized hospitals, labs, other healthcare units
The RBI has to ensure that term liquidity facility of Rs 50,000 crore provided to banks flow at 4 percent rate to smaller hospitals, pathology labs, ventilator suppliers and others in healthcare sector. ....

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