Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-asset-quality-will-need-close-monitoring-rbi-annual-report/article34656973.ece Higher provisioning required to lift the interim stay on asset classification standstill by SC: RBI Banks’ asset quality will need to be closely
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
RBI raises concern over ‘bubble’ in equity market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/rbi-raises-concern-over-bubble-in-equity-market/article34660101.ece?homepage=true Measures of dividend yield also signal that markets are getting overpriced The RBI’s concern over the relentless increase in stock prices without fundamental
Paytm eyes $3-billion IPO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/paytm-targets-3-billion-ipo-in-late-2020/article34656086.ece?homepage=true Kickstarts work on India’s largest-ever listing, expected towards end 2021 Fintech platform Paytm, backed by Japan’s SoftBank Group Corp and China’s Ant Group
Stop beating around the bush, comply with laws: MeitY to Twitter – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/stop-beating-around-the-bush-comply-with-laws-meity-to-twitter/article34660356.ece?homepage=true Microblogging company had termed new IT rules a dangerous overreach Hours after Twitter joined WhatsApp in raising concerns over the new IT rules
The great divide | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-great-divide-121052701650_1.html After the epidemic, we will again cater to the interests of the privileged class and keep the underprivileged quiet with handouts The Covid
Games promoters play | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/games-promoters-play-121052701658_1.html If a promoter knows that he can afford not to repay loans and buy back his company in the bankruptcy court at a
Accounting gains | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/accounting-gains-121052701630_1.html RBI’s higher surplus transfer has limits The Reserve Bank of India (RBI) released its annual report on Thursday, its first after a shift in the
Online fraud alert: Deny remote access to your laptop, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/online-fraud-alert-deny-remote-access-to-your-laptop-say-analysts-121052600024_1.html If you do give access, monitor service provider’s activity New users of digital payment services are especially vulnerable During the Covid-19 pandemic, online
We are the Tesla of credit cards: Slice founder & CEO Rajan Bajaj | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-are-the-tesla-of-credit-cards-slice-founder-ceo-rajan-bajaj-121052300882_1.html We have a non-banking financial company (NBFC) that provides the financing for transactions. Rajan Bajaj, the founder and chief executive officer of Slice
United States unemployment claims fall to 406,000, a new pandemic low | Business Standard News
Clipped from: https://www.business-standard.com/article/international/united-states-unemployment-claims-fall-to-406-000-a-new-pandemic-low-121052701243_1.html This comes as the virus wanes and economy further reopens. Photo: Bloomberg The number of Americans seeking unemployment benefits dropped last week to
Rising stock markets amid GDP contraction poses risk of a bubble, says RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rising-stock-markets-amid-gdp-contraction-poses-risk-of-a-bubble-says-rbi-121052701358_1.html ‘The widening gap between stretched asset prices relative to prospects for recovery in real economic activity emerged as a global policy concern,’ RBI
Analysts see RBI remain accommodative, hold rates in June 4 policy review | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/analysts-see-rbi-remain-accommodative-hold-rates-in-june-4-policy-review-121052700420_1.html In April, the six-member monetary policy committee had voted unanimously for a status quo on the key rates Inflation and growth concerns amid
Despite record dividend, RBI and govt may have differences over new norms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/despite-rbi-s-record-dividend-rift-surfaces-with-finmin-over-audit-norms-121052601038_1.html Apex bank’s Rs 99,122 cr dividend supports the Centre’s fiscal rescue plan, obviates need to ramp up borrowings for now The finance ministry feels the
Cyberattacks could trigger more rating actions on banks, says S&P | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cyberattacks-could-trigger-more-rating-actions-on-banks-says-s-p-121052501622_1.html The banking sector is becoming more exposed to cybercrime after the Covid-19 pandemic accelerated digitalization and remote working Cyber defense will become an
Explained: How new Facebook feature flags misinformation | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/facebook-misinformation-fake-news-tool-7332659/ Facebook will reduce the distribution of all posts in News Feed from an individual’s account if they repeatedly share content that has been
Maharashtra reaches out to children orphaned by Covid, traces 98 so far | Cities News,The Indian Express
Clipped from: https://indianexpress.com/article/cities/mumbai/maharashtra-reaches-out-to-children-orphaned-by-covid-traces-98-so-far-7331895/ These are some of the children district officials in Maharashtra have been able to reach out to after they lost either one or
GST Council may correct the inverted duty structure for textiles, footwear industries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/gst-council-may-correct-the-inverted-duty-structure-for-textiles-footwear-industries/article34652138.ece Leading to higher refunds, affecting govt revenues The GST Council meeting on Friday is expected to take a call on removing the anomaly
Banks ready to transfer 37 NPAs worth ₹92,000 crore to NARCL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-ready-to-transfer-37-npas-worth-92000-crore-to-narcl/article34652041.ece Videocon, Reliance Naval, Essar Power Gujarat and Coastal Energy among others in the assets transfer list Banks have so far zeroed-in on 37
Hit hard by pandemic, retailers, traders seek waiver of property tax and license fee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/hit-hard-by-pandemic-retailers-traders-seek-waiver-of-property-tax-and-license-fee/articleshow/82976676.cmsSynopsis Since April, nearly two dozen states including Maharashtra, Karnataka, Rajasthan, Chhattisgarh, West Bengal, Madhya Pradesh and Odisha, have restricted timings of shops selling
Banks may target family trusts of loan guarantors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-may-target-family-trusts-of-loan-guarantors/articleshow/82985824.cms Synopsis–Many of the family trusts created by businesspeople are meant primarily to protect their assets from potential claims related to their companies, such
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