Banks told to gear up for green tech credit risks – The Times of India

Banks told to gear up for green tech credit risks – The Times of India

MUMBAI: RBI governor Sanjay Malhotra on Thursday urged banks to strengthen risk management frameworks to address credit risks associated with emerging green technologies, which have limited reliability and efficiency track records. “Regulated entities need to develop suitable capacity and technical know-how to better appraise risks in financing projects using such green technologies,” he said at…

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Appropriate time for a rate cut: RBI governor in policy meet – The Times of India

Appropriate time for a rate cut: RBI governor in policy meet – The Times of India

MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…

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When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India

When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India

The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to…

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