SBI DGM [Economist]–” FCNR[B] benefits outwieigh costs “–[1] Hedging cost $16.3 billion while investment income [ US Treasury ] will be $22.4 billion –net surplus being $6.1 billion [ which translates into -Rs.58372 crores at the current exchange rate [2] So it will not be fiscal drag [3] Liquidity dynamics –12 trillion of rupee liquidity offers much relief to banks to lend to the productive sectors and it eases elevated CD ratio [3] Banks may need couple of quarters to use these surplus funds [4] RBI’s forward position will be taken care of [ $100 billion short dollar position with $40 billion maturing within an year –As these positions unwind, liquidity will automatically contract [5] September and October which are — traditionally liquidity strained months –because of advance tax, credit growth–capex revival, government borrowing and import payments ahead of Diwali & festival induced purchases –will have absorbed much of this surplus–Article by Mr Bibekananda Panda — Courtesy BL

BL

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आधार कार्डमध्ये नाव बदलणे झाले सोपे, विवाह, घटस्फोटामुळे अर्ज रिजेक्ट नाही होणार

https://maharashtratimes.com/gadget-news/tips-tricks/aadhaar-name-update-made-easy-marriage-and-divorce-applications-will-no-longer-be-rejected-by-uidai/articleshow/133951503.cms विवाह किंवा घटस्फोटानंतर नाव किंवा आडनाव बदलताना येणाऱ्या अडचणी आता दूर झाल्या आहेत. UIDAI च्या नव्या नियमांमुळे अर्ज रिजेक्ट होण्याच्या समस्येपासून मोठा दिलासा मिळाला

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तुमच्या ATM कार्डमध्ये 10 लाखांचा फ्री इन्शुरन्स; टेक-नियम माहित नसेल तर क्लेम होईल रिजेक्ट

https://maharashtratimes.com/gadget-news/tips-tricks/hidden-tech-rule-how-your-atm-card-provides-free-insurance-up-to-10-lakhs/articleshow/133954923.cms आपल्या पाकिटातील एटीएम कार्ड केवळ पैसे काढण्यासाठी नसून, त्यावर बँका ग्राहकांना मोफत अपघाती आणि सायबर विमा देतात. परंतु, बँकिंग डेटाबेसच्या एका विशेष नियमामुळे 90

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Subhash Chandra’s Zee pledge saga: How promoter leverage turned growth ambition into a debt trap

Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/subhash-chandras-zee-pledge-saga-how-promoter-leverage-turned-growth-ambition-into-a-debt-trap/articleshow/133980288.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/opinion/et-commentary/subhash-chandras-zee-pledge-saga-how-promoter-leverage-turned-growth-ambition-into-a-debt-trap/articleshow/133980288.cms NSE handles about 93% of India’s cash equity turnover and 99.79% of equity futures. It’s the world’s largest derivatives exchange by

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Ex-Chairperson of IBBI-Mr Sahoo [ & Mr Raghav Pande ] elaborately discuss how bank guarantee — particularly in IBC parlance–should be evaluated [1] Personal guarantee works before the default occurs [2] The guarantee discourages excessive risk taking, mitigates moral hazard and aligns the promoter’s interests more closely with those of the lender and the company [3] Thus a guarantee has two kinds of value– Its ex-post value is the additional recovery it can provide after default– Its ex-ante value is the discipline it creates before default -[4] A guarantee is not magic collateral –it is not meaningless paper either. It is simultaneoulsly a risk allocation mechnism , an incentive value may operate long before defaualt.[5] What that guarantee was actually worth before distress and after distress–therefore, becomes the right question—Courtesy BS

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RBI Guv on fintechs–[1] Helped bridge India’s MSME’s credit gap by extending formal, collateral like credit to millions of small businesses that were invisible to traditional underwriting models-[2] Fintechs have taken banking from the branch to the hand of every citizen [3] Fintechs have improved customer experience and efficiency in India’s financial infrastructure, reducing account opening and payment settlement times, cutting transaction costs, strengtheing fraud detection through AI driven analytics–enabling real time supervision– Courtesy BL

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