Tapping into the burgeoning BFSI market
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FinTech Consulting Services
Leveraging our FinTech Consulting experience, we employ our proven approach in process reviews, tech risk management, and third-party audits for Indian financial services clients.
The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
#COVID19
RBI rolls out new measures to mitigate COVID-19 impact
22 May 2020RBI Governor Shaktikanta Das today announced some key measures to mitigate the impact of COVID-19 and revive growth. These measures come days after Prime Minister Narendra Modi announced Atmanirbhar Bharat Abhiyan and INR 20 lakh crore stimulus package
Key highlights from the announcement
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Repo rate cut by 40 basis points from 4.4% to 4% |
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Extended three-month loan moratorium from June 1 to August 31 |
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GDP expected to contract in 2020-21 |
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Outward remittances against normal imports into India reduced to 6 months from 12 months |
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INR 15,000 crore to EXIM banks to avail US dollar swap facility. This will have a rollover facility to up to one year. |
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Voluntary retention route for Foreign Portfolio Investments (FPI) |
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Group exposure limit of banks to be increased from 25% to 30% |
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Additional 90 days for the special refinancing facility of INR 15,000 crore given to SIDBI for refinancing and lending |
Also appears under...
