US President Donald Trump Saturday threatened to close the US-Mexico border if his demands for money to fund the border wall is not approved. He tweeted
Month: December 2018
RBI–Committee Holds Out Promise of Sense–Economic Times
The composition of the committee appointed to determine the adequate level of reserves for the Reserve Bank of India (RBI), along with the three-month period
A double-edge sword for farmers – Loan waivers shrink credit supply to the farm sector – The Financial Express
By Kushankur Dey Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season.
‘GST data should be available to lenders to vet loan proposals’ – The Hindu BusinessLine
K Ram Kumar The banking sector is expected to continue its focus on retail loans due to the relatively lower risks involved and expand MSME
Payments banks continue to struggle; losses double to ₹516 crore – The Hindu BusinessLine
via The consolidated net loss of all the PBs in India has more than doubled The financial health of ‘payments banks’, a concept championed
Retrospective policy changes damaging–Economic Times
The revised e-commerce norms will hurt consumers, harm investments made in the sector, reinforce the perception of India as a country of policy uncertainty in
How a weak rural economy ends up in lower inflation–Economic Times
By Pranjul Bhandari Weak rural incomes explain 70% of India’s disinflation; throwing up a double challenge for authorities It is well acknowledged that inflation has fallen dramatically
Non-adherence to timelines under IBC a major concern, says government official – The Economic Times
The Corporate Affairs Secretary said there could be a possibility of disputes when it is about operational creditors but no room for confusion with financial
Bank-led resolution of NPAs set to begin – The Economic Times
About 34 banks have signed the ICA, the bedrock of the in-house, bank-led resolution approach. Indian Banks’ Association (IBA) has set up an oversight committee
An outstanding alternative to farm loan waiver – The Economic Times
Helping farmers to manage their unviable debt is definitely not a moral hazard, as has been advocated in some quarters. The world is no stranger
After cold war between govt and RBI, panel formed to look into reserves; here’s all you need to know – The Financial Express
The panel, headed by Bimal Jalan, will review and suggest the right level of RBI reserves needed for provisioning risks and submit its report in
Non-adherence to timelines under IBC a major concern, says govt official – The Financial Express
Noting that the law has certainly proven to be a game-changer, Srinivas cited pre-admission settlements and turning non-performing assets (NPAs) into performing assets. Insolvency law
New e-commerce policy makes little economic sense; govt refuses to address issue of FDI in multi-brand retail – The Financial Express
The government policy on e-tail is the classic example of not holding your nose directly, but instead reaching out from behind your head to try
New e-commerce policy makes little economic sense; govt refuses to address issue of FDI in multi-brand retail – The Financial Express
The government policy on e-tail is the classic example of not holding your nose directly, but instead reaching out from behind your head to try
Charges for cheque bounce to attract GST – The Financial Express
Charges ensure that the applicant continues its agreement with its customers despite default. Charges for cheque bounce collected by an entity from its customers are
US Monetary Policy: The Fed should be congratulated for its steadfast commitment to policy normalisation – The Financial Express
Are were increasingly compelling reasons to question the Fed’s stewardship of the US economy. That now appears to be changing. Notwithstanding howls of protest from
Rural distress 2018: False cures galore | Business Standard Column
After the new Congress state governments announced the promised agriculture loan waivers, party president Rahul Gandhi thundered that he will not let the prime minister sleep until
Supreme Court in 2018: A Dickensian mixed bag of milestones and misses | Business Standard News
“It was the best of times, it was the worst of times,” was how Dickens began his tale of two cities. As far as the Supreme
India’s exports are steadily rising, but import bill hurts much more | Business Standard News
Indian exports have grown steadily in the last three years. And as Commerce and Industry Minister Suresh Prabhu recently said, the country’s export performance has been extremely good
Ask bidders going on appeal to deposit up to 1% of loan amount: Banks to IBBI – The Hindu BusinessLine
Move aimed to deter bidders approaching NCLAT just to derail resolution process K Ram Kumar There have been several delays in the resolution of stressed
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