Government expands scope of Emergency Credit Line Guarantee Scheme. Image
Government expands scope of Emergency Credit Line Guarantee Scheme. Image
Covid 2.0 led to a lot of disruption in business activity, especially for MSMEs, says SBI's Dinesh Khara. Image
Public sector banks have come out with three set of products to push up lending to sectors covered under the #Covid loan book, says Dinesh Khara. Image
Have already formulated restructuring plan for small borrowers, says SBI chairman Dinesh Khara. Image
Preliminary assessment shows that we should be able to build a book of Rs 2,000 crore under the expanded ECLGS scheme, says Dinesh Khara. Image
RBI Governor had previously said that the measures announced on May 5 were not the last, says Indian Banks' Association's Sunil Mehta.

Read: bit.ly/3yO1Rh3 Image
The banking system will remain quite open to help the healthcare system as per their needs, says Dinesh Khara.

Read: bit.ly/3yO1Rh3 Image
Government expands list of eligible sectors and extends tenor of loans under the scheme.

@Vishwanath4389 reports.

bit.ly/3yO1Rh3

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with BloombergQuint

BloombergQuint Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BloombergQuint

31 May
Indian economy grew at 3.7% in gross value added terms in Q4 FY21.
India Q4FY21 GDP: GVA grew by 3.7%; GDP by 1.6%.

Read: bit.ly/2R5urta
Manufacturing sector saw a strong rebound in Q4, before the second wave of #COVID infections hit.

Read: bit.ly/2R5urta
Read 4 tweets
31 May
FY21 fiscal deficit settles marginally below revised estimates.
FY21 fiscal deficit settles marginally below revised estimates.
The government’s fiscal deficit settled at Rs 18.2 lakh crore or 98.5% of its revised estimate.

@adrijac reports.

bit.ly/3uCd0hN
Read 4 tweets
31 May
Supreme Court resumes hearing the suo moto case on #COVID19 issues.

Supreme Court questions the vaccine policy.
In 18-44 age group, you may have people with comorbidities. Why are those people not given the same footing by the central government, Supreme Court asks.
The policy makers must have their ears to the ground, says Supreme Court.
Read 7 tweets
31 May
Get ready for today's trade!

bit.ly/3fCb7wY
How Indian ADRs fared on Friday.

bit.ly/3yPlVzD
How foreign and local funds played the market on Friday.

bit.ly/2R7C3vp
Read 5 tweets
30 May
Maharashtra Chief Minister to address the state at 8:30 pm tonight. Image
Chief Minister Uddhav Thackeray says strict restrictions in the state will be reduced or increased till 7 am on June 15, based on positivity rate in the municipality/district and availability of oxygen beds.

Read all #Covid19 updates: bit.ly/3uwQdnj Image
Even if the number of cases is coming down, now we have reached the peak of the last time (First Wave). Therefore we still need to be careful, says Maharashtra Chief Minister Uddhav Thackeray.

Read all #Covid19 updates: bit.ly/3uwQdnj Image
Read 8 tweets
29 May
#BQOpinion | Why @CK_Narayan is marking the high for the coming month to be around the third week of June.
bit.ly/2R6hb7M
@CK_Narayan The support zone has wound its way higher and now the stop for traders would be revised to around 15,190 levels, writes @CK_Narayan.

Read more in #BQOpinion.
bit.ly/3oYUajE
@CK_Narayan What also emerged from the roll data is how the metal sector seems to be a bit heavy in terms of positions.

Read @CK_Narayan in #BQOpinion.
bit.ly/3fuMvXa
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(