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During the public meetings, credit will be provided for retail, agriculture, MSME and housing sector, among others.
In a bid to improve liquidity, Rajiv Kumar said the central bank has taken various steps in the past few months as a result of which the cash position in the system has stabilised.
Co-origination is a new system introduced by the Reserve Bank earlier the month in the wake of the liquidity crisis at non-banking finance companies to enhance the credit flow to productive sectors.
Finance Minister Nirmala Sitharaman on Thursday met industry captains to seek consultations for boosting industrial growth in which India Inc placed a demand for a stimulus package of over Rs 1 lakh crore to beat the slowdown.
Preliminary data indicates passenger vehicle sales may have plunged as much as 30 percent in July.
KFC has raised Rs 1,350 crore so far from the bond market in six issues of which Rs 250 crore has been redeemed so far.
Investment rate, which was been declining from 2011-12, seems to have bottomed out, and is expected to pick up in consumer demand and bank lending.
New Delhi: The performance of banking sector has improved as bad loans declined in the last fiscal, but financial flows are constrained due to fall in money raised from capital markets and stress in the non-banking financial sector, the Economic Survey 2018-19 said Thursday. The monetary policy
The survey revealed that medium-sized businesses will see a huge jump of over 5 per cent while large businesses will witness a growth of 2 per cent.
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