lipped from: https://www.business-standard.com/article/finance/rbi-refuses-to-relax-asset-classification-provisioning-norms-for-nbfcs-121121700342_1.html This will give rise to bad debt numbers of such para banks on technical grounds while making asset quality norms standardised across banks
Day: December 18, 2021
Afghan currency slides, prices surge as economic crisis worsens | Business Standard News
Clipped from: https://www.business-standard.com/article/international/afghan-currency-slides-prices-surge-as-economic-crisis-worsens-121121700577_1.html The market remains volatile, and the devaluation is already impacting Afghans A combination of the coronavirus pandemic, a severe drought and the Taliban
India ranking in global scam report goes up to 4th position: Truecaller | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-ranking-in-global-scam-report-goes-up-to-4th-position-truecaller-121121700649_1.html The report said over 202 million spam calls were made by just one spammer in India this year. That’s over 664,000 calls every
Vehicle scrappage facility: Tata Motors joins hands with Maharashtra govt | Business Standard News
lipped from: https://www.business-standard.com/article/companies/tata-motors-joins-hands-with-maha-govt-to-set-up-vehicle-scrappage-facility-121121700646_1.html The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up
NaBFID to start lending operations in Q1FY23, says Chairman K V Kamath | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nabfid-to-start-lending-operations-in-q1fy23-says-chairman-k-v-kamath-121121700666_1.html The DFI would have a chairman, two government nominees, and four whole-time directors, says Kamath Kamath The National Bank for Financing Infrastructure and
RBI’s push towards card security likely to hit merchants, lenders: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-push-towards-card-security-likely-to-hit-merchants-lenders-report-121121700676_1.html Merchants and bankers argue they have not been given enough time to comply with the changes that RBI wants to make effective Jan
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