https://www.business-standard.com/finance/news/micro-loan-asset-quality-deteriorates-in-april-june-quarter-sa-dhan-124082700721_1.html lipped from: https://www.business-standard.com/finance/news/micro-loan-asset-quality-deteriorates-in-april-june-quarter-sa-dhan-124082700721_1.html Asset portfolio shrinks sequentially; Growth seen moderating by 2-3 percentage points in FY25 (Photo: Shutterstock) Listen to This Article The asset quality
Month: August 2024
Retail asset quality, deposits key challenges for new SBI chairman
https://www.business-standard.com/companies/news/retail-asset-quality-deposits-key-challenges-for-new-sbi-chairman-124082701243_1.html Maintaining loan growth momentum, protecting margins may not be easy as interest rate cycle changes Challa Sreenivasulu Setty The banking system in India is
Rs 25 lakh loan at 5% needed for middle-class homebuyers: Naredco president | Finance News – Business Standard
https://www.business-standard.com/finance/news/rs-25-lakh-loan-at-5-needed-for-middle-class-homebuyers-naredco-president-124082700715_1.html Clipped from: https://www.business-standard.com/finance/news/rs-25-lakh-loan-at-5-needed-for-middle-class-homebuyers-naredco-president-124082700715_1.html Around 30% of Indians are unable to afford home loan EMIs at current rates, says G Hari Babu (Photo: Shutterstock) Amid rising
Loan recovery: How banks blot their own copybook – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/loan-recovery-how-banks-blot-their-own-copybook/article68569618.ece Clipped from: https://www.thehindubusinessline.com/opinion/loan-recovery-how-banks-blot-their-own-copybook/article68569618.ece By overlooking the net interest margin earned while the loan was standard, banks create an inflated perception of losses when calculating ‘haircuts’
Editorial. Sound compromise – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sound-compromise/article68568575.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sound-compromise/article68568575.ece UPS addresses concerns of both employees and the fisc The new Unified Pension Scheme (UPS) rolled out by the Centre is a
TRAI New Rules on OTP: How Trai’s new rules may cause OTP delays for you starting Sept 1 | News – Business Standard
https://www.business-standard.com/industry/news/how-trai-s-new-rules-may-cause-otp-delays-for-you-starting-sept-1-124082600504_1.html Clipped from: https://www.business-standard.com/industry/news/how-trai-s-new-rules-may-cause-otp-delays-for-you-starting-sept-1-124082600504_1.html Trai has ordered telecom companies to stop transmitting messages containing URLs, OTT links, APK files, or call-back numbers unless they have been
IBBI proposes mandatory disclosure of MSME status in insolvency proceedings to boost transparency – BusinessToday
https://www.businesstoday.in/latest/policy/story/ibbi-proposes-mandatory-disclosure-of-msme-status-in-insolvency-proceedings-to-boost-transparency-442883-2024-08-24 Clipped from: https://www.businesstoday.in/latest/policy/story/ibbi-proposes-mandatory-disclosure-of-msme-status-in-insolvency-proceedings-to-boost-transparency-442883-2024-08-24 The Insolvency and Bankruptcy Code, 2016, exempts resolution applicants for MSMEs from the disqualification criteria in certain cases and the pre-packaged insolvency
Can Titan’s ₹1 lakh crore dream sparkle amid challenges? – BusinessToday – Issue Date: Sep 01, 2024
https://www.businesstoday.in/magazine/deep-dive/story/can-titans-rs1-lakh-crore-dream-sparkle-amid-challenges-442219-2024-08-20 Clipped from: https://www.businesstoday.in/magazine/deep-dive/story/can-titans-rs1-lakh-crore-dream-sparkle-amid-challenges-442219-2024-08-20 C.K. Venkataraman, Managing Director, Titan Company (Photo: Hardik Chhabra) Branded jewellery was a novelty in 1994, when Titan launched the Tanishq jewellery
Govt slashes down drawback rates on exports of gold, silver jewellery | Commodities – Business Standard
https://www.business-standard.com/markets/commodities/govt-slashes-down-drawback-rates-on-exports-of-gold-silver-jewellery-124082400699_1.html Clipped from: https://www.business-standard.com/markets/commodities/govt-slashes-down-drawback-rates-on-exports-of-gold-silver-jewellery-124082400699_1.html On the export of gold jewellery, the drawback rate has been brought down to Rs 335.5 from Rs 704.1 per gram of
‘400 mn more women required in workforce to contribute $14 trn to economy’ | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/400-mn-more-women-required-in-workforce-to-contribute-14-trn-to-economy-124082400520_1.html Clipped from: https://www.business-standard.com/economy/news/400-mn-more-women-required-in-workforce-to-contribute-14-trn-to-economy-124082400520_1.html As the country aims to become a $ 30 trillion economy by 2047, the report highlights the need for a substantial increase
IBC defeated – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/ibc-defeated/article68554365.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ibc-defeated/article68554365.ece Promoter tactics to scuttle process, the main problem The Insolvency and Bankruptcy Code is premised on the idea of taking a speedy
Editorial. E-commerce bogey, again – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/e-commerce-bogey-again/article68558576.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/e-commerce-bogey-again/article68558576.ece Clarity on regulatory, policy environment needed Commerce and Industries Minister Piyush Goyal has revived an old debate on the impact of e-commerce
RBI’s caution is justified – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/rbis-caution-is-justified/article68555594.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-caution-is-justified/article68555594.ece But banks now have experience in project lending Globally, project financing is treated as “sans recourse” financing — i.e. the project repayment
SBI chief sees growing loan book, lower deposit growth not a challenge – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sbi-chief-sees-growing-loan-book-lower-deposit-growth-not-a-challenge/article68559329.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sbi-chief-sees-growing-loan-book-lower-deposit-growth-not-a-challenge/article68559329.ece Bank using excess SLR to support loan growth, says Dinesh Khara Even as the Reserve Bank of India and the Finance Ministry have expressed
Lead time for insolvency resolution increases – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-lead-time-for-insolvency-resolution-increases-3591068/ lipped from: https://www.financialexpress.com/business/banking-finance-lead-time-for-insolvency-resolution-increases-3591068/ It takes an average of 680 days to complete the process. The plan is to increase the NCLT benches to 30, and
US India’s top trade partner again, pips China in H1 2024 – Industry News | The Financial Express
https://www.financialexpress.com/business/industry-us-indias-top-trade-partner-again-pips-china-in-h1-2024-3591084/ Clipped from: https://www.financialexpress.com/business/industry-us-indias-top-trade-partner-again-pips-china-in-h1-2024-3591084/ India’s foreign trade hit a record $849 billion in the first half of 2024, marking a 5.8% increase compared to the same
Gift from parents exempt from tax – Money News | The Financial Express
https://www.financialexpress.com/money/gift-from-parents-exempt-from-tax-3591157/ Clipped from: https://www.financialexpress.com/money/gift-from-parents-exempt-from-tax-3591157/ Gifts from parents to their children are exempt from tax under Indian income tax law, as they are classified as gifts from
India Inc’s high inventory shows consumption demand weakness – Industry News | The Financial Express
https://www.financialexpress.com/business/industry-india-incs-high-inventory-shows-consumption-demand-weakness-3591091/ Stock levels higher than pre-Covid period; recent quarters see y-o-y rise. At 65.4%, the inventory-to-sales ratio among companies in Q4FY24 was even higher than
Formal job creation declines in June, shows Govt payroll data
https://www.deccanherald.com/business/formal-job-creation-declines-in-june-shows-govt-payroll-data-3162376 Clipped from: https://www.deccanherald.com/business/formal-job-creation-declines-in-june-shows-govt-payroll-data-3162376 Representative image showing people waiting for their job interview Credit: iStock Photo New Delhi:Fresh formal job creation as measured by the number