https://www.taxtmi.com/news?id=21979 Finance Minister reviewed implementation of measures to support credit flow, noting strengthened disbursements to MSMEs, housing, NBFCs/HFCs, pool buy-outs and proposals under the Partial Credit Guarantee Scheme. Banks have adopted co-origination tie-ups with NBFCs, implemented weighted average rate cuts, and introduced repo-rate-linked loan products to improve transmission. Customer-facing reforms include online loan-tracking and mandated release of security documents post-closure, while OTS transparency and CVC-endorsed Internal Advisory Committees aim to streamline resolution and protect bona fide commercial decisions. Boards of banks have given in-principle approval to amalgamation proposals with commitments to maintain business continuity and employee protections. en-us Fri, 20 Sep 2019 09:45:03 +0530 Fri, 20 Sep 2019 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21979 Finance Minister reviewed implementation of measures to support credit flow, noting strengthened disbursements to MSMEs, housing, NBFCs/HFCs, pool buy-outs and proposals under the Partial Credit Guarantee Scheme. Banks have adopted co-origination tie-ups with NBFCs, implemented weighted average rate cuts, and introduced repo-rate-linked loan products to improve transmission. Customer-facing reforms include online loan-tracking and mandated release of security documents post-closure, while OTS transparency and CVC-endorsed Internal Advisory Committees aim to streamline resolution and protect bona fide commercial decisions. Boards of banks have given in-principle approval to amalgamation proposals with commitments to maintain business continuity and employee protections. News - Fri, 20 Sep 2019 09:45:03 +0530 https://www.taxtmi.com/news?id=21979