Businesses still face significant operational challenges due to a complex and uncertain external environment and economic outlook, the HKMA said.
October 21, 2022Export proceeds must be repatriated and converted to local currency. The loan moratorium will be unwound gradually. Liquidity support will be provided to banks.
October 7, 2021The reforms will enable customers to access their deposits within 90 days if a bank is unable to fulfill its obligations due to a moratorium.
August 9, 2021This is the second time Malaysia has introduced a comprehensive loan moratorium after its debut in March last year.
July 11, 2021Banks will need to closely monitor their asset quality in the coming quarters, the RBI said in its annual report.
May 31, 2021The measures include liquidity for bank lending to businesses, continued regulatory exemptions, and an additional round of restructuring and moratoria flexibility.
May 6, 2021The maximum loan amount per enterprise, total loan ceiling, maximum repayment period, and duration of moratorium will be extended.
February 25, 2021Shareholders, secured creditors, unsecured creditors and employees of distressed companies will all end up with better outcomes under the proposed corporate rescue procedure.
December 4, 2020All 563 branches of Lakshmi Vilas Bank will function as branches of DBS Bank India from Friday, bringing security to 400 employees and 2 million depositors.
November 27, 2020The RBI has capped withdrawals from Lakshmi Vilas Bank and superseded the bank's board due to its "rapidly deteriorating financial position".
November 18, 2020