The decision is expected to come as a relief to bankers, who said that it would push credit growth.
A clutch of key regulations were to come into force in the next few months. These include asking banks to set aside a higher stock of liquid assets to meet a contingency like a potential bank run and a framework for lenders in project finance with a phased increase in standard asset provisioning to 1-5% of loans from 0.4% on project loans.
This story is from the February 08, 2025 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 08, 2025 edition of Mint Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Investing in China: the how and why of it
Even as Indian stock markets go through a rough patch, Chinese equities have rebounded after lagging for around a decade.
Russia Overpowers Bold Ukrainian Military Venture in Kursk
Around 11,000 North Koreans Were Deployed to Kursk in December After Training in Russia
Healthcare M&As lead, VC funding slows
Takeover transactions in healthcare sector dominated dealmaking activity during the four-day period ended 13 March, marking the fourth busy week in a row for mergers and acquisitions.
Gensol & Blu-Smart: A Tale of Debt and Distress
Gensol's balance sheet has been used to build Blu-Smart's business.
Bear trap building at IndusInd counter as RBI calms fears
IndusInd Bank's beaten-down shares may be prime for a rebound, for now, as the central bank's weekend assurance revives investor confidence, sparking a scramble for its shares.
Rural jobs signal stalling recovery
Demand for work under the central government's rural jobs scheme has seen a steady rise over the past six months, potentially reflecting broader growth challenges facing the Indian economy and underscoring the vulnerabilities of millions of rural households.
Why storytelling, focus, and trust matter in startup brand building
Branding is often an afterthought for startups, yet it can define their long-term success.
Rupee: Its digital future is relevant, not its origin
A political row over the linguistic heritage of its symbol mustn't distract us from the need to ensure India's currency evolves in optimal response to tech shifts and geo-economic flux
UB Bets on Premium Beer as States Pour a Bitter Tax Brew
While it's eyeing Ultra brands to drive growth, rising taxes threaten to spoil the summer party
Trump's new world order tests dollar
President Trump has launched an unprecedented challenge to a geopolitical order that has prevailed for decades. One potential victim: the U.S. dollar.
