Banks may encounter legal hurdles in invoking personal guarantees | Business Standard News

Clipped from: https://www.business-standard.com/article/finance/banks-may-encounter-legal-hurdles-in-invoking-personal-guarantees-121071401447_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Experts say most promoters don’t register assets under their names Some foreign banks hire detectives to gather information on promoters’ assets stashed overseas,

RBI order: Mastercard can’t onboard new customers from July 22. Check impact on Credit Card, Debit Card | The Financial Express

Clipped from: https://www.financialexpress.com/money/rbi-order-restricts-mastercard-from-onboarding-new-customers-check-impact-on-debit-card-credit-card-users/2290314/ The Reserve Bank of India has restricted Mastercard Asia/Pacific Pte. Ltd. (Mastercard) from onboarding new domestic customers onto its network from July 22nd

India’s ban on Mastercard to hit banks’ card operations, income: Sources – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-ban-on-mastercard-to-hit-banks-card-operations-income-sources/articleshow/84436120.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Though existing customers will not be hit, business impact will be significant as banks need to sign new commercial deals with rival networks

RBI Mastercard Ban: Decoded: How RBI’s latest ban on Mastercard affects you – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/decoded-rbis-latest-move-to-ban-mastercard-from-issuing-new-cards/articleshow/84433861.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The RBI said that the restrictions have been imposed as in spite of lapse of considerable time and adequate opportunities being given, the

India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it – The Economic Times

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/india-has-created-perverse-incentives-for-firms-to-stay-small-heres-how-to-fix-it/articleshow/84429512.cms SynopsisIncentives meant to help Indian SMEs have an unintended and undesirable result. Most small businesses start small and stay small throughout their life.

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