https://www.business-standard.com/opinion/editorial/signs-of-hope-in-gdp-data-will-rbi-s-7-2-fy25-growth-projection-be-met-124090100697_1.html Clipped from: https://www.business-standard.com/opinion/editorial/signs-of-hope-in-gdp-data-will-rbi-s-7-2-fy25-growth-projection-be-met-124090100697_1.html A continued growth momentum being seen will allow the central bank to focus on inflation and wait till it’s durably aligned to
Month: September 2024
Credit Information up-dation –RBI prescribes shorter period at 15 days instead of 30 days
Higher frequency of credit data reporting is a win-win for credit bureaus, borrowers and lenders Clipped from: https://www.business-standard.com/opinion/columns/what-s-your-credit-score-know-how-its-behaviour-affects-financial-health-124090100374_1.html Representative image In August, the Reserve Bank of
Banks facing challenge in getting cyber security talent: SBI chairman | Banking – Business Standard
https://www.business-standard.com/industry/banking/banks-facing-challenge-in-getting-cyber-security-talent-sbi-s-cs-setty-124090501380_1.html lipped from: https://www.business-standard.com/industry/banking/banks-facing-challenge-in-getting-cyber-security-talent-sbi-s-cs-setty-124090501380_1.html He said SBI has been able to create resilience in the system. While ensuring this, the country’s largest lender had to ensure
SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits | Company News – Business Standard
https://www.business-standard.com/companies/news/sbi-focuses-on-jandhan-trusts-societies-to-mobilise-incremental-deposits-124090501016_1.html lipped from: https://www.business-standard.com/companies/news/sbi-focuses-on-jandhan-trusts-societies-to-mobilise-incremental-deposits-124090501016_1.html SBI is using wealth banking to focus on a segment which is below affluent class but above the normal account holders In
Incentives for vehicle scrappage need to be better – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/incentives-for-vehicle-scrappage-need-to-be-better/article68605660.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/incentives-for-vehicle-scrappage-need-to-be-better/article68605660.ece The 2021 scheme spoke of a 5 per cent discount by OEMs which has now been cut sharply, with caveats that it
Gig workers’ e-shram enrolment must be stepped up – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/gig-workers-e-shram-enrolment-must-be-stepped-up/article68609941.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/gig-workers-e-shram-enrolment-must-be-stepped-up/article68609941.ece Their dual identity as entrepreneurs and workers gives rise to the apprehension that they may miss out on social security benefits The
Will high GST refunds and sluggish state economies derail India’s growth? – The Hindu BusinessLine
https://www.thehindubusinessline.com/multimedia/audio/will-high-gst-refunds-and-sluggish-state-economies-derail-indias-growth/article68613195.ece Clipped from: https://www.thehindubusinessline.com/multimedia/audio/will-high-gst-refunds-and-sluggish-state-economies-derail-indias-growth/article68613195.ece The challenge of meeting the capital expenditure target of ₹11 lakh crore is significant, especially given the compressed timeline, says Aditi Nayar,
Road to the White House is still wide open – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/road-to-the-white-house-is-still-wide-open/article68614604.ece Clipped from: https://www.thehindubusinessline.com/opinion/road-to-the-white-house-is-still-wide-open/article68614604.ece Despite Kamala Harris making up impressive ground, her race with Donald Trump is still a tight one Less than two months to
Editorial. Caveat investor – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/caveat-investor/article68613487.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/caveat-investor/article68613487.ece Retail investors should be allowed to learn from experience Indian households have taken to equities like ducks to water since Covid, but
The moral hazard in banking – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-moral-hazard-in-banking/article68614584.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-moral-hazard-in-banking/article68614584.ece There is an implicit protection to private banks. They get bailed out by the State, with the taxpayer picking up the tab
Inflation debate must consider downsides of alternative frameworks
https://www.business-standard.com/opinion/editorial/inflation-debate-must-consider-downsides-of-alternative-frameworks-124090501463_1.html Clipped from: https://www.business-standard.com/opinion/editorial/inflation-debate-must-consider-downsides-of-alternative-frameworks-124090501463_1.html To be fair, the RBI or the MPC on its own cannot change the target or stop taking into account one part
Rediscovering integration: World Bank argument on trade is worth hearing
https://www.business-standard.com/opinion/editorial/rediscovering-integration-world-bank-argument-on-trade-is-worth-hearing-124090401306_1.html Clipped from: https://www.business-standard.com/opinion/editorial/rediscovering-integration-world-bank-argument-on-trade-is-worth-hearing-124090401306_1.html Besides the argument that India must re-evaluate its approach to trade pacts, including the RCEP, other in-progress deals like those with the
What a Donald Trump election victory would mean for the US economy | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/what-a-donald-trump-election-victory-would-mean-for-the-us-economy-124090601371_1.html Clipped from: https://www.business-standard.com/opinion/columns/what-a-donald-trump-election-victory-would-mean-for-the-us-economy-124090601371_1.html Mr Trump’s long track record of refusing to pay vendors and contractors speaks to his character: He is a bully who will
Sebi alters reporting timelines for commercial paper payment obligations | News on Markets – Business Standard
https://www.business-standard.com/markets/news/sebi-alters-reporting-timelines-for-commercial-paper-payment-obligations-124090601356_1.html Clipped from: https://www.business-standard.com/markets/news/sebi-alters-reporting-timelines-for-commercial-paper-payment-obligations-124090601356_1.html The move will enhance transparency for stakeholders and ensure timely disclosures by the entities The change will apply to entities reporting the
India’s edtech sector sees 30% drop in funding to $215 mn amid slowdown | Company News – Business Standard
https://www.business-standard.com/companies/news/india-s-edtech-sector-sees-30-drop-in-funding-to-215-mn-amid-slowdown-124090600742_1.html Clipped from: https://www.business-standard.com/companies/news/india-s-edtech-sector-sees-30-drop-in-funding-to-215-mn-amid-slowdown-124090600742_1.html According to the report, the Indian edtech sector reported the highest-funded quarter in Q3 2021 with an overall funding of $2.48 billion
Veg thali cost drops 8% in August, driven by low tomato prices: Crisil | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/veg-thali-cost-drops-8-in-august-driven-by-low-tomato-prices-crisil-124090600447_1.html Clipped from: https://www.business-standard.com/economy/news/veg-thali-cost-drops-8-in-august-driven-by-low-tomato-prices-crisil-124090600447_1.html Non-veg thali costs also reduced by 12% due to lower tomato prices, a kitchen staple in India, as well as reduced vegetable
RBI may shift to neutral stance as monsoon eases food inflation concerns | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/rbi-may-shift-to-neutral-stance-as-monsoon-eases-food-inflation-concerns-124090601096_1.html lipped from: https://www.business-standard.com/economy/news/rbi-may-shift-to-neutral-stance-as-monsoon-eases-food-inflation-concerns-124090601096_1.html Monsoon progress brightens food inflation outlook (Photo: Shutterstock) With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank
The shift: Households turn net borrowers from banks, says BCG report | Banking – Business Standard
https://www.business-standard.com/industry/banking/the-shift-households-turn-net-borrowers-from-banks-says-bcg-report-124090700007_1.html lipped from: https://www.business-standard.com/industry/banking/the-shift-households-turn-net-borrowers-from-banks-says-bcg-report-124090700007_1.html The report highlighted that unsecured lending as a proportion of GDP in India is as high as it is in the United
Chairman IBA — suggests involvement and active participation of the Government and regulator is required so as to ensure that bank deposits — which aid economic expansion — increase — Courtesy BusinessLine
One more point made — banks make 20% provision even for lending to AAA rated corporates whereas mutual funds do not have to —
Credit growth — warning bells sounded –Article by Ex RBI Governor and Sambamurthy — Courtesy BusinessLine
Article tries to impress that credit growth beyond nominal GDP 11% [ Real GDP 7% + Inflation 4% [ which RBI is bound by law