Cleaning of banks’ balance sheet is the “No. 1 priority” for RBI, said deputy governor Viral Acharya on the sidelines of the Delhi Economics Conclave.
Day: July 23, 2017
Digital Lending Apps: In need of small-value Loan? Simply click on digital lending apps–Economic Times–23.07.2017
When Mumbai-based professionals Pratibha and Neha, both in their late twenties, decided to make their dream of spending an extended weekend in Thailand a reality,
Delhi Economics Conclave 2017: Money flow into financial savings increased post note ban: Viral Acharya–Economic Times–23.07.2017
Post demonetisation, there has been a visible channelising of money towards financial assets like insurance and mutual funds, Reserve Bank of India (RBI) Deputy Governor
cyber crime: One cybercrime in India every 10 minutes–Economic Times–23.07.2017
From the global ransomware attacks that hit hundreds of systems to phishing and scanning rackets, at least one cybercrime was reported every 10 minutes in
Vijaya Bank Q1 net jumps over 57% to Rs 255 crore – The Financial Express–23.07.2017
The public sector bank had registered a net profit of Rs 161.66 crore in the corresponding April-June quarter of 2016- 17 fiscal. (PTI) Vijaya Bank
India’s cotton textiles export down 10% in 3 years: Government – The Financial Express–23.07.2017
The cotton textiles export comprises cotton yarn, other textile yarn, fabric, madeups articles, cotton raw waste and cotton fabrics and madeups, which include products like
Ironing out the wrinkles in GST | Business Standard Column–23.07.2017
The new GST regime for indirect taxes is being heralded as the biggest tax reform in post-independence India. There is no doubt that political will
Regulate bitcoins | Business Standard Editorials–23.07.2017
The government is considering setting up a regulatory structure to oversee trading of bitcoin, the digital crypto-currency. This would treat the virtual currency in a
Sebi, RBI engage in turf war over Bitcoin regulation | Business Standard News–23.07.2017
The government’s proposal to regulate Bitcoin crypto currency has sparked a regulatory turf war between Securities and Exchange Board of India (Sebi) and Reserve Bank
GST impact: Rs 1,100-crore UP plywood industry on the verge of closure | Business Standard News–23.07.2017
Even as small and medium enterprises (SMEs) and traders continue to face transitory challenges and irritants after the rollout of the goods and services tax
Amtek Auto loss widens to Rs 889 cr | Business Standard News–23.07.2017
Auto components maker Amtek Auto Ltd today reported widening of standalone loss to Rs 889.58 crore for the first quarter ended June 30, hit by
Hunting for value in PSU banks | Business Line–23.07.2017
The core performance of public sector banks has been dismal. But if investors look deeper, there’s treasure to be found in their non-core investments. The
India faces an ‘epidemic’ of diabetes, heart disease | Business Line–23.07.2017
“In our 60 hospitals, an average of 20 per cent of heart attacks we attend to are in the 25-35 age group. Heart attacks have
Cleaning of banks’ balance sheet top priority: Acharya | Business Line–23.07.2017
Banks are saddled with non-performing assets (NPAs) of over Rs. 7 lakh crore. According to the government, NPAs have reached unacceptably high levels and need
Crop insurance scheme: Public audit of private insurers, a must | Business Line–23.07.2017
The Comptroller and Auditor General has called for public audit of private insurance companies as they have been given huge funds as subsidies from the
Hindustan Zinc: Strong prospects getting priced in | Business Standard News–23.07.2017
Hindustan Zinc’s performance in the June quarter may have been softer than its record March quarter numbers with zinc and lead prices seeing some correction
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