Clipped from: https://www.business-standard.com/article/finance/one-nation-one-ombudsman-rbi-to-integrate-consumer-grievance-redressal-121020500534_1.html There are dedicated ombudsman schemes devoted to consumer grievance redressal in banking, non-bank finance companies and digital transactions, respectively, at present The Reserve
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.
China’s pursuit of global finance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/china-s-pursuit-of-global-finance-121020402074_1.html The swift liberalisation of China’s financial market could have unintended consequences for India and the world These columns have regularly followed the ongoing liberalisation of China’s financial
Mahindra & Mahindra Q3 net profit up 42% at Rs 1,268 cr; revenue grows 11% | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mahindra-mahindra-q3-net-profit-up-42-at-rs-1-268-cr-revenue-grows-11-121020500656_1.html The company’s reported Ebitda came in at Rs 3,520.4 crore for the quarter under review Mahindra & Mahindra, on Friday, reported consolidated net
Spike in India bank’s stressed loans slower due to govt measures: Moody’s | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/spike-in-india-bank-s-stressed-loans-slower-due-to-govt-measures-moody-s-121020500796_1.html Ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government guaranteed loans to small businesses have supported Indian banks’ asset quality
‘MSMEs’ flawed belief of being too small to be attacked is root cause for ignorance of cyber security’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-tech-msmes-flawed-belief-of-being-too-small-to-be-attacked-is-root-cause-for-ignorance-of-cyber-security/2187848/ Technology for MSMEs: Attackers realize that with large scale technology adoption in the SME sector, the focus and awareness on security hasn’t reached
Disregard the miscreants, take the reforms forward – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/disregard-the-miscreants-take-the-reforms-forward/2188240/ The farmers must gracefully accept the Govt’s offer of further talks, while the PAnel set up by the SC continues deliberations with farmer
Proposed ARC to be adequately capitalised, says CEA – The Financial Express
Clipped from: https://www.financialexpress.com/economy/proposed-arc-to-be-adequately-capitalised-says-cea/2188138/ Moreover, since the ARC-AMC will be a private entity, the decision-making is expected to be swift, as its proposals need not be vetted
IBC mechanism needs structural changes to expedite faster resolution of companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-structural-changes-in-ibc-mechanism-can-help-to-expedite-the-faster-resolution-of-companies/articleshow/80478370.cmsSynopsis The structural reforms needed are an increase in the number of benches, outsourcing of administration function to a specialized agency, clarity on the
MCA amends definition of small companies, allows NRIs to incorporate One Person Companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/mca-amends-definition-of-small-companies-allows-nris-to-incorporate-one-person-companies/articleshow/80664903.cmsSynopsis The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to
Infrastructure push: Monetising assets, such as railway stations, requires a supporting institutional mechanism
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/infrastructure-push-monetising-assets-such-as-railway-stations-requires-a-supporting-institutional-mechanism/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Shot in the arm for banking reform–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/shot-in-the-arm-for-banking-reform/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The budget proposals to strengthen public sector banks
Key takeaways from the budget for businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/key-takeaways-from-the-budget-for-small-businesses/articleshow/80666227.cmsSynopsis The government proposes to strengthen the NCLT framework, implement the e-courts system and alternate methods of debt resolution and special framework for MSMEs.
MCA amends definition of small companies, allows NRIs to incorporate One Person Companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/mca-amends-definition-of-small-companies-allows-nris-to-incorporate-one-person-companies/articleshow/80664903.cmsSynopsis The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to
FM doubles budgetary allocation for MSMEs, but one scheme gets the king’s share – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-doubles-budgetary-allocation-for-msmes-but-one-scheme-gets-the-kings-share/articleshow/80680785.cmsSynopsis The Union Budget 2021-22 has earmarked an allocation of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises — more
FM does away with the need for GST Audit for a section of taxpayers–the economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/budget-2021-fm-does-away-with-the-need-for-gst-audit-for-a-section-of-taxpayers/articleshow/80681164.cms SynopsisThis will bring relief to SMEs that are struggling with the requirement for audits under numerous laws. A least expected yet positive development
Working to change people’s perception about I-T dept to being ‘tax facilitators’ : CBDT chief – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/working-to-change-peoples-perception-about-i-t-dept-to-being-tax-facilitators-cbdt-chief/articleshow/80688047.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Central Board of Direct Taxes (CBDT), the apex decision making body in matters of income tax, has taken up various taxpayer-friendly moves, including
FinMin to clarify on residency status of NRIs stranded in India this fiscal due to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/finmin-to-clarify-on-residency-status-of-nris-stranded-in-india-this-fiscal-due-to-covid/articleshow/80687681.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There were expectations that the government would clarify on the residency status of these individuals in the 2021-22 Budget, which was presented on
Govt to start airport privatisation from April next year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/govt-to-start-airport-privatisation-from-april-next-year/articleshow/80689497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Airports Authority of India (AAI) is examining a possibility of selling loss making airports along with a profitable one. NEW DELHI: The
Monetisation of freight corridor assets to be done in stages: Railway Minister Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/railways/monetisation-of-freight-corridor-assets-to-be-done-in-stages-railway-minister-piyush-goyal/articleshow/80690173.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Finance minister Nirmala Sitharaman while presenting the budget on Monday said that the Indian Railways will go for monetising the DFC assets as
Consequences of delaying the Future-Reliance deal will be “far greater”, says Future Retail – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/consequences-of-delaying-the-future-reliance-deal-will-be-far-greater-says-future-retail/articleshow/80690315.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court was hearing Future Retail’s plea against its single judge order directing the company to maintain status quo on its Rs 24,713
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