RBI on Sunday said lending institutions should assign zero per cent risk weight on the credit facilities extended under the Emergency Credit Line Guarantee Scheme to MSME borrowers announced by the government in the wake of COVID-19 pandemic.The government in May introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providing 100 per cent guarantee coverage for additional working capital term loans (in case of banks and financial institutions) and additional term loans (in case of NBFCs) up to 20 per cent of their entire outstanding credit up to Rs 25 crore as on February 29, 2020. The credit facility is guaranteed by the National Credit Guarantee Trustee Company (NCGTC). "As credit facilities extended under the scheme guaranteed by NCGTC are backed by an unconditional and irrevocable guarantee provided by Government of India, it has been decided that Member Lending Institutions shall assign zero percent risk weight on the credit facilities extended under this scheme to the … [Read more...] about Don’t assign risk weight on credit under ECLGS: RBI to lending institutions
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5 Food Shows That Will Make You Want To Don the Chef’s Hat
Chef's Table goes inside the lives and kitchens of six of the world's most renowned international chefs. Each episode focuses on a single chef and their unique look at their lives, talents, and passion from their piece of culinary heaven. This show will give you an insight of not just dishes but also the mindset that is required to perfect them. … [Read more...] about 5 Food Shows That Will Make You Want To Don the Chef’s Hat
Amitabh Bachchan hits back at troll who says actor must have taken money from Amul: ‘Don’t endorse and never have before’
Amitabh was admitted to Nanavati hospital last month after he tested positive for the coronavirus. His son Abhishek, too, tested positive and was admitted to the hospital. Some time later, Amitabh’s daughter-in-law Aishwarya Rai Bachchan and granddaughter Aaradhya’s tests too came positive. While initially they were in home quarantine, they too had to be shifted to hospital, after they reportedly complained of breathlessness. … [Read more...] about Amitabh Bachchan hits back at troll who says actor must have taken money from Amul: ‘Don’t endorse and never have before’
Don’t fall prey to false propaganda on NEP: Balagurusamy
According to him, the NEP 2020 is one of the most comprehensive and insightful documents ever written on the future of Indian education. It seeks to address the fundamental challenges of access, equity, quality, affordability and accountability. “The policy provides for far-reaching reforms at all levels of education from pre-school to higher education to address these critical issues,” he said citing its various recommendations from Early Child Care Education (ECCE) to the reforms in the higher education sector. … [Read more...] about Don’t fall prey to false propaganda on NEP: Balagurusamy
Kangana Ranaut’s team targets Kareena Kapoor, says star kids used ‘undeserving success’ to ‘turn Bollywood in to Bullywood’
Kangana’s team also took a dig at Hrithik Roshan and asked Kareena, “Why your fellow nepo kid after promising marriage filed criminal cases on her?” The final question claimed that Sushant and Kangana were ‘isolated’ in Bollywood. “Why Kangana and Sushant isolated in the industry never called for any parties? No one wishes them on their film releases birthdays or successes?” … [Read more...] about Kangana Ranaut’s team targets Kareena Kapoor, says star kids used ‘undeserving success’ to ‘turn Bollywood in to Bullywood’
