RBI liberalises ECB norms by relaxing end-use restrictions

Reserve Bank of India (RBI) has relaxed External Commercial Borrowing (ECB) norms for corporates, non-banking lenders by relaxing end-use restrictions with regard to working capital, general corporate purpose and repayment of rupee loans. This decision was taken after receiving feedback ..

Month: Current Affairs - August, 2019

Strengthening Corporate Bond Market

The corporate bond market in India has failed to take off in spite of measures in successive budgets and at least half a dozen committees mandated by the government, the RBI and the Securities and Exchange Board of India (SEBI) ..

India s GDP Growth Rate Reduces

India s GDP growth rate witnessed a slowdown. This has raised the prospect of fiscal stimulus and a rate cut. GDP Growth Rate India grew at a much slower-than-expected 5.8 per cent in the last quarter of the financial year ..

What is the meaning of Cash Flow?

Cash flow refers to the cash or cash-equivalent received or paid by the company as payment to its creditors. It is analyzed to determine and analyse the liquidity position of the company. It gives a clear picture of the total ..

What is the meaning of ‘Abandonment Value’?

Abandonment Value of a project is the correspondent cash value on immediate liquidation or sale after removing all debts which have to be paid back. In other words, it is also the liquidation value of the project or an asset. ..

What is Bank Rate?

Bank Rate is defined as the rate at which Central Bank gives loans to other domestic banks like commercial banks, cooperative banks, development banks etc. The loans are generally given on a short-term basis. It is the way the Central ..