Clipped from: https://www.business-standard.com/article/markets/rbi-could-have-been-more-circumspect-in-timing-alphaniti-fintech-s-ur-bhat-122050900015_1.html In conversation with Sundar Sethuraman, Bhat says policymakers should usher in changes gradually, so that markets get a fair idea of what to
Day: May 9, 2022
*Sebi scanner on more front-running ops by domestic fund managers | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-scanner-on-more-front-running-ops-by-domestic-fund-managers-122050900008_1.html Functioning of dealers at MFs & brokers may undergo greater scrutiny in coming weeks Sources said top Sebi officials quizzed some MF industry
*Loan portfolio lapses cloud growth plans of IndoStar Capital Finance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/loan-portfolio-lapses-cloud-growth-plans-of-indostar-capital-finance-122050900025_1.html The financiers of Indo-Star Capital Finance include State Bank of India, HDFC Bank, and ICICI Bank, according to the Annual Report for FY21
*****Bank frauds may have started to dip now, but wait a bit before you cheer | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/frauds-may-have-started-to-dip-now-but-wait-a-bit-before-you-cheer-122050800912_1.html The incidence of bank fraud is trending downward, but the broad picture hides many blind spots Illustration: Ajay Mohanty The number of bank frauds in
Cost accountants’ institute asks govt to allow members to conduct financial audits of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/cost-accountants-institute-asks-govt-to-allow-members-to-conduct-financial-audits-of-msmes/article65393957.ece Representative image | Photo Credit: NATASAADZIC Ask govt to allow its members to do various activities, including the tax audit under the IT-Act
*****Below the Line – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/below-the-line/article65394121.ece A labourer spreads paddy for drying at a wholesale grain market in the northern Indian city of Chandigarh October 8, 2012. Export demand
Zomato CEO’s ₹700-crore donation an attempt to save company’s tarnished image: Gig Worker Union – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zomato-ceos-700-crore-donation-an-attempt-to-save-companys-tarnished-image-gig-worker-union/article65393996.ece At HSR layout food delivery partners started log off from app drive against new payment system. | Photo Credit: HANDOUT E MAIL The
IBBI cancels registration of IP, suspends another for one year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-cancels-registration-of-ip-suspends-another-for-one-year/article65394183.ece | Photo Credit: designer491 Disciplinary action in separate cases for various violations of IBC Insolvency regulator IBBI’s Disciplinary Committee has cancelled the registration
Edelweiss ARC to file insolvency plea against Marriott’s property in Bengaluru – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/edelweiss-arc-to-file-insolvency-plea-against-marriotts-property-in-bengaluru/article65394640.ece Marriott International The ARC is likely to move NCLT this month over unpaid dues of nearly ₹1,000 crore Edelweiss ARC is set to
*****Time for the RBI to try out something NUE – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/time-for-the-rbi-to-try-out-something-nue/article65394063.ece Banknotes | Photo Credit: Ruslan Fazlulov The central bank is fine-tuning regulations around payments, but can it keep the umbrella entity on the
*****Chinese check – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/chinas-zero-covid-policy-threatens-to-deepen-the-disruption-arising-out-of-the-ukraine-war/article65388281.ece The harsh lockdown in Shanghai and other parts of China is having a crippling impact on world economy | Photo Credit: BRENDA GOH
*Protection card – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/protection-card/article65394118.ece Close up female hand holds levitating template mockup Bank credit card with online service isolated on green background. High quality photo istock photo
*****MPC overturns standard assumptions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/monetary-policies-could-hold-surprises/article65389330.ece Surprise can be a new way of making monetary policy more effective. | Photo Credit: NEHA S Surprise can work in achieving policy
*Banks feel the heat of slower recovery under IBC process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/slowdown-in-insolvency-proceedings-reduced-corporate-appetite-for-distressed-assets-hurt-banks-recoveries-in-ibc/article65394082.ece Financial creditors’ realisation hit a record low of 10.2% in Q4 against 13.4% in Q3 and 49.2% in Q2 Financial creditors are clearly
*Go beyond the rulebook, follow the money | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/go-beyond-the-rulebook-follow-the-money-122050800949_1.html The track record of Sebi and the Securities Appellate Tribunal makes it appear that their effort is to help and not hurt the
*****RBI falls in line with global central banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-falls-in-line-with-global-central-banks-122050800842_1.html Another rate hike in June is on the cards. The question is: How much? Could it be 75 bps at one go or