1. Asset classification as on 01.03.2020 will remain intact till May 2020.
Moratorium period shall be excluded from NPA determinations.
2. Kharif Crop Production have increased by 33% in comparison to Last Year, which is a great Achievement.
3. IMF has Projected a Growth rate of 7.4% in 2021-22.
4. Forex reserve of India is 476Bn $ as on 10th April.
5. Fresh Currency of 1.4 Lakh Cr has been issued to Banks from Mar to April 12 so that no ATM go Dry
6. Fresh TLTRO-2.0- For 50K Cr To begin With. Min 50% of flow should go to small NBFC and FII.
7. Refinance Facility will be given to – NABARD, SIDBI, NHB- These FI help NBFC. Rs. 25K Crore to NABARD, Rs. 15K Crore to SIDBI, Rs. 10K Crore to NHB. Rate of interest on such loan will be 4.4%
8. LAF- Liquidity Adjustment Facility- Reverse repo rate reduced by 0.25%.
9. 10% provision require on standstill account…account standard as on 01.03.2020
10. Insolvency Resolution which have not been resolved then on all such loan of NPA-20% Additional Provision has to be created
11. Distribution of Dividend- NBFC and Banks cannot announce any Further dividend for 31-03-2020 till further order.
12. LCR- Reduced from 100% to 80%.
13. NBFC Loan to Commercial Real Estate Projects- Delay of 1 Yrs extension allowed. And banks will be allowed to do the reschedule the loans accordingly.
