Clipped from: https://www.thehindubusinessline.com/opinion/why-is-indian-banks-association-not-under-rti/article33934677.ece As a body representing banking industry, IBA’s claim that it’s only a voluntary body and not subject to oversight isn’t convincing Should the
Day: February 26, 2021
Outrage over outage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/outrage-over-outage/article33934356.ece?homepage=true The investigation into the cause behind the outage should be expedited and stern action taken The long trading halt on the National Stock
Trust is in a ‘state’ of deficit today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/trust-is-in-a-state-of-deficit-today/article33934312.ece?homepage=true If the true spirit of fiscal federalism is not restored, the Centre must realise that rapid economic growth cannot be achieved If there
NSE’s silence led to panic sell-off: ANMI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/nses-silence-led-to-panic-sell-off-anmi/article33935217.ece?homepage=true Brokers’ body says online brokers squared trades early, unaware of extended trading Members of the stock brokers association ANMI are blaming the National
Proposed ARC will not ‘jeopardise’ existing players: RBI Guv Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/economy/proposed-arc-will-not-jeopardise-existing-players-rbi-guv-shaktikanta-das/2201880/ The governor said RBI has also sharpened and deepened its supervisory methods and is now going to deep dive into areas of banking
New ARC aimed at specific set of bad assets with PSBs: Das – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-arc-aimed-at-specific-set-of-bad-assets-with-psbs-das/2201946/ “So we have a precise idea of the build-up of stressed assets in banks and as soon as we see a sign of
bitcoin india: How can a digital currency from RBI change your world? An ex-UN expert decodes CBDC for you – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-can-a-digital-currency-from-rbi-change-your-world-an-ex-un-expert-decodes-cbdc-for-you/articleshow/81204657.cmsSynopsis Massimo Buonomo, who has over 20 years of experience in international finance, said the use of digital currency can eliminate the need for
Work towards more localisation or we will think of increasing import duty: Nitin Gadkari to Auto Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/work-towards-more-localisation-or-we-will-think-of-increasing-import-duty-nitin-gadkari-to-auto-industry/articleshow/81204754.cmsSynopsis “I am requesting to [Sic.] auto manufacturing companies to take it (localisation) very seriously. Otherwise, for import of components we will think on
Consultancies, law firms under taxman’s lens for GST – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/consultancies-law-firms-under-taxmans-lens-for-gst/articleshow/81204011.cmsSynopsis The tax department has brought some of the top consultancies including McKinsey, Boston Consulting Group (BCG), Kearney and Blackstone Consulting under scrutiny along
One corner of the job market is booming, over 8 lakh positions open across 1,100 companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/one-corner-of-the-job-market-is-booming-8-lakh-positions-open-across-1100-companies/articleshow/81203759.cms Synopsis–Executive search firm ManpowerGroup India said there has been an almost 30% increase in demand from the retail and e-commerce sectors in the
real estate investment for NRIs: What NRIs need to know about investing in real estate back home – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/what-nris-need-to-know-about-investing-in-real-estate-back-home/articleshow/81207605.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis If you intend to buy a house with a loan, this may be a good time to do so. Interest rates on home
India has space for another strong ARC led by banks: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-has-space-for-another-strong-arc-led-by-banks-shaktikanta-das/articleshow/81206506.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das also added that just like non-bank lenders the RBI was internally working on refining and strengthening guidelines governing asset reconstruction companies. Reserve
Be careful while looking for customer care contact numbers on Google | Gadgets Now–the times of india
Be careful while looking for customer care contact numbers on Google | Gadgets Now https://www.gadgetsnow.com/slideshows/be-careful-when-you-search-for-these-8-things-on-google/photolist/81202789.cms Whenever we need some information we simply rely on Google
Sebi chief Ajay Tyagi says disconnect between financial markets, real economy a global phenomenon – The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-chief-ajay-tyagi-says-disconnect-between-financial-markets-real-economy-a-global-phenomenon/2201675/ Capital markets regulator Sebi chairman Ajay Tyagi on Thursday acknowledged the systemic risk concerns raised by the RBI and Financial Stability Board over
Coming soon: Pay life insurance premium in advance, get a discount | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/coming-soon-pay-life-insurance-premium-in-advance-get-a-discount-121022500699_1.html IRDAI proposes to link discount with SBI savings bank rate, which is currently at 2.7% Soon, you can pay your insurance renewal premium in advance
Bad bank may follow Swiss challenge method for price discovery of assets | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bad-bank-may-follow-swiss-challenge-method-for-price-discovery-of-assets-121022500062_1.html Plan aimed at price discovery of assets; IBA working closely with FinMin, RBI Bad assets worth Rs 500 crore and above, against which
RBI should stop fretting over bond yields – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/rbi-should-stop-fretting-over-bond-yields/article33925921.ece?homepage=true The yield curve has risen in all countries in February. There’s no immediate threat to private borrowers from rising yields The RBI’s battle
Private banks need to win govt’s trust before vying for business | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/private-banks-need-to-win-govt-s-trust-before-vying-for-business-121022501099_1.html Post 2020’s YES Bank crisis, chunk of government business moved from private to public banks for ease of operation Photo: iStock The Nifty Bank
TV makers jump on PLI bandwagon as more AC companies evince interest | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tv-makers-jump-on-pli-bandwagon-as-more-ac-companies-evince-interest-121021501406_1.html Apart from offering inducement to any incremental production over the next five years, the scheme has the potential to transform the manufacturing landscape
Air conditioners manufacturers commit to export target of 50% of sales | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/air-conditioners-manufacturers-commit-to-export-target-of-50-of-sales-121022401718_1.html As part of the announcement, the Centre has earmarked over Rs 1.46 trillion for 10 sectors under the scheme. Currently, India has a
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