E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

Banks, NBFCs to Raise Capital, Do Stress Tests

Banks and non-banking financial companies (NBFCs) must get busy raising capital and do stress test as soon as the Covid-19 pandemic is over to build resilience and to be able to provide capital to the economy to ensure growth, Reserve Bank of India (RBI) Governor Shaktikanta Das said. “We are tod

BY Realty Plus
Published - Thursday, 22 Oct, 2020
Banks, NBFCs to Raise Capital, Do Stress Tests
Banks and non-banking financial companies (NBFCs) must get busy raising capital and do stress test as soon as the Covid-19 pandemic is over to build resilience and to be able to provide capital to the economy to ensure growth, Reserve Bank of India (RBI) Governor Shaktikanta Das said. “We are today at the doorstep of the revival process following the Covid crisis. We have told banks and NBFCs that as soon as the crisis settles, they must do stress tests,” Das said at a panel discussion during the launch of 15th Finance Commission Chairman N K Singh’s book. “I have appealed and impressed upon them to proactively build capital buffers, not only to strengthen their inherent resilience, but also to have adequate capital to ensure that the credit flow is maintained in a phase when the economy comes for a revival,” Das said. Many of these banks and NBFCs have already raised capital, and many others are planning to do so in the coming months. The RBI governor stressed the need for governance reforms in banks and NBFCs, and said it should not be mixed with ownership only. After the Covid crisis is over, the government "certainly will have to roll out a fiscal roadmap” to ensure it gets back to the debt-to-GDP path that the 15th Finance Commission has set in, Das said. At the moment, though, both fiscal and monetary policies are countercyclical and the general government debt is exceeding the targets earmarked, which would need to be rolled back. Still, the measures taken by the government have been fiscally prudent and helped sustain the financial sector.

RELATED STORY VIEW MORE

Ex VP Pepperfry Rahul Kapuria joins Spacewood Office Solutions
Century Real Estate Bold OOH Campaign ‘The Center of Now’
Puravankara Ltd Strategic Moves in Mumbai & Bengaluru Signal Strong Growth

TOP STORY VIEW MORE

Ex VP Pepperfry Rahul Kapuria joins Spacewood Office Solutions

Kapuria's role will be to expand business for modular furniture.

12 July, 2025

Why Hiranandani Properties Are Safe Investment Bet

12 July, 2025

Century Real Estate Bold OOH Campaign ‘The Center of Now’

12 July, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website