lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/srei-financial-health-group-withered-well-before-pandemic-says-rbi-order/articleshow/86843251.cmsSynopsis The regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provisioning (IRACP), ever-greening of loans and
Day: October 8, 2021
Govt releases guidelines for cybersecurity in power sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/govt-releases-guidelines-for-cybersecurity-in-power-sector/articleshow/86846807.cmsSynopsis The guidelines lay down actions required to raise the level of cybersecurity preparedness for the power sector. The norms have been prepared after
Investment instruments NRIs should consider but often miss out on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/investment-instruments-nris-should-consider-but-often-miss-out/articleshow/86843114.cmsSynopsis It’s important that NRIs should first look at their goal and risk profile before making a decision. Similarly, investment instruments like MFs, equity
Srei group: Bombay HC dismisses Srei Group petition against RBI bankruptcy move – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/bombay-hc-dismisses-srei-group-petition-against-rbi-bankruptcy-move/articleshow/86835760.cmsSynopsis A division bench of Justices Ujjal Bhuyan and Madhav Jamdar, after hearing both sides dismissed the petition in an oral order and observed
pepsi: Former Pepsi CEO Indra Nooyi says she’s never asked for a raise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/former-pepsi-ceo-indra-nooyi-says-shes-never-asked-for-a-raise/articleshow/86831522.cmsSynopsis “I never asked my board to give me more money,” Nooyi said in the New York Times interview. “In fact, one year the
Subramanian Swamy: SC refuses to entertain plea of BJP MP Subramanian Swamy for guidelines to check rising NPAs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/sc-refuses-to-entertain-plea-of-bjp-mp-subramanian-swamy-for-guidelines-to-check-rising-npas/articleshow/86840336.cmsSynopsis At the outset, BJP MP Subramanian Swamy, who appeared in person, said that his petition deals with the issues of ever-rising NPAs in
MSME: Udyam portal completes 5 million registrations: MSME Secy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/udyam-portal-completes-5-million-registrations-msme-secy/articleshow/86829768.cmsSynopsis The objective of the portal is to provide a single-page registration, consume less time and simplify processes of registering any enterprise as a
Fixed vs floating home loan interest rate: Which one should you opt for? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/fixed-vs-floating-home-loan-interest-rate-which-one-should-you-opt-for/articleshow/86702431.cmsSynopsis A fixed rate home loan in which the interest rate is pre-fixed for the tenure of the loan provides a known cash outflow
GST: What India could gain from fuel under GST, and what it could lose – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/what-india-could-gain-from-fuel-under-gst-and-what-it-could-lose/articleshow/86819337.cmsSynopsis India consumes about 2,639 crore litres of petrol and 9,306 litres of diesel annually. Any reduction in taxation shall significantly dent total revenues.
Professional Loan: What it is, who can opt for it – Here’s all you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/money/professional-loan-what-it-is-who-can-opt-for-it-heres-all-you-need-to-know/2345565/ Attractive lower interest rates, flexible loan tenure, low processing fees and a completely digitally-enabled platform make these types of loans an ideal tool
RBI to call-back retired officers to improve efficiency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-call-back-retired-officers-to-improve-efficiency/article36880362.ece The officers will undertake onsite supervision and off-site surveillance in a computerised environment Old is gold for the Reserve Bank of India (RBI)
‘We want to have more ‘buy now, pay later’ customers than any card company’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/we-want-to-have-more-buy-now-pay-later-customers-than-any-card-company/article36873310.ece Upasana Taku, co-founder, chairperson and COO, MobiKwik – BUSINESS LINE Upasana Taku, co-founder, chairperson and COO, MobiKwik – BUSINESS LINE× MobiKwik co-founder Upasana
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