APN News

  • Sunday, September, 2021| Today's Market | Current Time: 03:22:42
  • RBI Monetary policy | Comment of Mr. Anshuman Panwar, Co-Founder, Creditas Solutions.

    “RBI has maintained its accommodative stance as expected by the market. In comparison to restructuring 1.0, more borrowers are applying for Restructuring 2.0. RBI’s move to expand the coverage of borrowers under Resolution Framework 2.0 by enhancing the overall exposure from INR 25 crores to INR 50 crores is expected to help a larger number […]

    RBI Monetary Policy | Comment of Dr Alok Sheel, RBI Chair Professor in Macroeconomics, ICRIER

     “As expected, the MPC has decided to keep policy rates on hold, while stating its intention to continue injecting more liquidity in financial markets, including buying government debt. Monetary policy was already very accommodative, with the real repo rate in negative territory. Despite inflationary pressures it seemed unlikely that the central bank would tighten policy […]

    Religare Finvest Ltd. l Quote on RBI Monetary Policy 2021

    “The RBI has adopted a wait and watch strategy by adopting status quo on policy rates and this is on expected lines. At the same time, it has reiterated that growth remains a priority while the need for policy action from all sides to support business sentiment revival, including fiscal measures is warranted . It […]

    Battlegrounds Mobile India Receives 20 million pre-registrations on the Google Play Store in 2 weeks | Quotes from Ultimate Battle & Trinity Gaming

    1. Mr Tarun Gupta, Founder, Ultimate Battle, India’s first-ever one-stop online esports platform: “We’re looking forward to the launch of Battlegrounds Mobile India which is expected to happen by the third week of this month. The pre-registration phase has marked great success with 20 million Indian gamers which will continue to grow. We can easily […]

    RBI announcement – Resolution Framework 2.0

    RBI governor’s address has come at a critical time, as the businesses and individuals reel under the grave difficulties posed by pandemic’s second wave. Special term liquidity facility of ₹50,000 crore to ease access to Emergency Health Services, is a highly essential step taken. This, when coupled with some form of Credit Guarantee would smoothen […]

    Reaction on RBI Announcement- Mr. Rajesh Sharma, Managing Director, Capri Global Capital Ltd

    “Today’s fiscal announcement by RBI announcement has come at an opportune time and shows a certain amount of optimism in the hardship of an unfortunate pandemic. The targeted announcement by the central bank shows an ambitious effort to strengthen the Indian economy. Opening a one-time restructuring window for individuals and MSME till September 2021 will […]

    CREDAI’s statement on today’s RBI Governor’s announcement

    “The announcements made by the RBI Governor today reflect that the Central Bank and Government are well aware of the impact of the second wave of the pandemic, shall proactively take measures to counter the economic fallout and take necessary steps in order to revive the economy. The Rs 50,000 Cr term liquidity facility to […]

    RBI Governor’s speech | Comment of Mr. Anshuman Panwar, Co-Founder, Creditas Solutions

    RBI has been very pragmatic in its approach towards handling the Covid crisis. While RBI has not announced a blanket moratorium today, stressed borrowers have been given a choice to opt for resolution if required. This will ensure that only those who genuinely need restructuring of their loans will approach the banks. At the same […]

    Resolution 2.0 measures by RBI to provide relief to real estate linked SME stakeholders

    RBI has proactively stepped in to address the financial challenges arising due to the second wave of the pandemic. The Central Bank has announced a COVID loan book to support those directly involved in addressing the pandemic (healthcare sector) with on-tap liquidity of INR 50,000 crore to banks. RBI has also recognised the hardships faced […]

    LafargeHolcim | Statement on the COVID relief efforts by LafargeHolcim India

    Statement attributed to Mr Neeraj Akhoury, CEO India, LafarageHolcim and CEO&MD, Ambuja Cements | Executive Director, ACC Ltd As India valiantly braces the second wave of the pandemic, Ambuja Cements Limited and ACC Limited, the two operating entities of LafargeHolcim in India, are extending support to Government, employees, its communities and citizens in these turbulent […]