Cash Crunch

Dewan Housing Finance Shares Fall 6% After CEO Harshil Mehta Resigns

Business | NDTV Profit Team | Thursday February 14, 2019

Dewan Housing Finance shares opened lower at Rs 104.00 apiece on the National Stock Exchange (NSE) and slumped to an intraday low of Rs 103.95 in early trade, from their previous close of Rs 111.20.

What To Expect For Real Estate Sector In Budget. Here's A List

Business | NDTV Profit Team | Tuesday January 15, 2019

Union Budget 2019: Many property consultants expect the cash crunch to continue in the real estate sector, which relies highly on borrowing. Among its recommendations for the real estate sector, Ficci has said that the government should increase the income tax deduction limit for individuals on interest payment against loans taken for acquisition o...

Need Tax Benefit To Improve Liquidity Condition For Shadow Banks: Ficci

Business | NDTV Profit Team | Thursday January 31, 2019

From management reshuffles to open market operations, the central bank and the government have time and again announced measures to rescue the non-banking financial companies. Analysts say liquidity constraints faced by some NBFCs may hamper credit supply and subsequently economic growth in the coming years.

HAL Officials Meet Defence Minister Nirmala Sitharaman Today To Address Cash Crunch

India News | Written by Nehal Kidwai | Wednesday January 9, 2019

Officials of the Bengaluru-based Hindustan Aeronautics Limited are likely to meet Defence Minister Nirmala Sitharaman and top government officials on Wednesday to discuss ways to resolve the cash crunch faced by the aerospace firm.

PM Modi Paid Dassault, But Refuses To Pay HAL: Rahul Gandhi

India News | Press Trust of India | Tuesday January 8, 2019

Upping the ante over state-run Hindustan Aeronautics Limited's reported cash crunch, Congress president Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi paid Rs 20,000 crore to France's Dassault Aviation even though it has not delivered a single Rafale jet, but refuses to pay the dues of the Indian aerospace major.

Centre Didn't Pay HAL For Delivered Products, But Paid Dassault: Congress

India News | Press Trust of India | Monday January 7, 2019

Stepping up the Congress's attack on the Centre over Hindustan Aeronautics Limited's (HAL) reported cash crunch, senior party leader Ahmed Patel on Monday alleged that the government had not paid the aerospace major for delivered products, but paid foreign vendors like Dassault for products yet to be delivered.

Parliamentary Panel Asks RBI To Fix Dysfunctional ATMs To Avoid Forced Cash Crunch

Business | Press Trust of India | Sunday January 6, 2019

ATMs have become an important channel for withdrawing money even after the close of banking hours.

"Digital Transactions Not Universal": RBI Told To Solve Dry ATM Issue

India News | Press Trust of India | Sunday January 6, 2019

A parliamentary panel has asked the Reserve Bank of India to address the problem of perpetually dysfunctional ATMs so as to avoid a situation of forced cash crunch.

RBI Policy Meet Today, Governor's First Response On Autonomy Row Likely

Business | Anirban Nag, Bloomberg | Wednesday December 5, 2018

After raising interest rates twice this year, the RBI will probably keep its repurchase rate unchanged at 6.5 per cent, according to 48 of 52 economists surveyed by Bloomberg.

RBI To Inject Rs 10,000-Crore Liquidity Into System On Thursday

Business | NDTV Profit Team | Wednesday December 5, 2018

The move by the central bank was in line with its decision to boost the liquidity in the system by Rs 40,000 crore in December.

In 180-Degree On Notes Ban, Agriculture Ministry Cites "Mistake": Sources

India News | Edited By Debanish Achom | Tuesday November 27, 2018

Days after the Agriculture Ministry confidently arrived at a conclusion that the overnight notes ban in November 2016 led to a cash crunch and hurt farmers, it has now come up with a new assessment that says exactly the opposite.

RBI To Help Shadow Banks Refinance Debt

Business | Thomson Reuters | Friday November 2, 2018

Panic over potential debt defaults in the shadow banking sector have caused corporate bond yields of NBFCs to rise by more than 80 basis points since September. The resulting liquidity crunch has added to a rift between the RBI and the government.

IL&FS Crisis: SBI To Provide Rs 30,000-Crore Additional Liquidity To Cash-Strapped Firms

Business | Press Trust of India | Tuesday October 9, 2018

The decision of SBI, said Economic Affairs Secretary Subhash Chandra Garg, should alleviate liquidity concerns of non-banking financing companies (NBFCs) to a great extent.

Animal Spirits Subdued as India Cash Crunch, Trade Wars Hit Home: Report

Business | Anirban Nag, Bloomberg | Friday September 28, 2018

India's main services index expanded in August at the slowest pace in three months as both new orders as well as hiring slowed.

Government Fights Rupee Drop, Cash Crunch In Coordinated Policy Moves

India News | Kartik Goyal, Anirban Nag, Bloomberg | Friday September 28, 2018

The government upped the ante in its efforts to restore investor confidence, with the RBI taking measures to ease liquidity for lenders a day after the centre raised import tariffs to support the battered rupee.