LIVFIN NEWS UPDATES
The Finance Ministry FinMin and Reserve Bank of India RBI have settled their differences and it is a win-win for all stakeholders as per Managing Director and CEO, Rahul Chander.
RBI BOARD MEETING KEEPS MARKETS ON ITS TOES
LivFin Managing Director and CEO, Rahul Chander, on IndiaAhead explaining the truce between Finance Ministry Of India and the RBI and how it can help resolve the liquidity issues faced by NBFCs. He thinks short term lending such as SupplyChainFinance and InvoiceFinancing need more confidence from the central bank as it is a different class of finance altogether.
The latest but rare face-off between the finance ministry and the Reserve Bank of India (RBI) over the liquidity situation in the economy post the IL&FS fiasco has brought an important but often relegated issue to the forefront of the policy debate – ensuring adequate, timely and reasonably priced credit to the systemically important micro, small and medium enterprises (MSMEs).