Clipped from: https://www.business-standard.com/article/opinion/handle-debt-with-care-121020402057_1.html Overall fiscal position can increase risks The fiscal deficit numbers announced in the Union Budget have surprised almost all analysts. According to the revised estimates,
Author: Anil R Tikotekar
Losing the farm plot | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/losing-the-farm-plot-121020402067_1.html Extreme responses weaken the govt’s case Till recently, the intransigence over negotiations with the government on the contentious agri-marketing laws and vandalism at
Bond market ko gussa kyun aata hai | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/bond-market-ko-gussa-kyun-aata-hai-121020502010_1.html Normally, the market eats out of the RBI Governor’s hands but the size of the govt borrowing is killing its risk appetite The Monetary
RBI to roll back CRR cut in phases, assures liquidity |MONETARY POLICY: Business Standard News
Clipped from: https://www.financialexpress.com/opinion/three-ways-reserve-bank-of-india-can-fund-higher-deficit/2188249/ Expect RBI to hike banks’ HTM limit by 4% of book ($84 bn), atop 2.5% in FY21, till FY26 (from FY23 now). This
Three ways Reserve Bank of India can fund higher deficit – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/three-ways-reserve-bank-of-india-can-fund-higher-deficit/2188249/ Expect RBI to hike banks’ HTM limit by 4% of book ($84 bn), atop 2.5% in FY21, till FY26 (from FY23 now). This
Banks can deduct loans to new MSME borrowers from NDTL for CRR purpose: RBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/banks-can-deduct-loans-to-new-msme-borrowers-from-ndtl-for-crr-purpose-rbi/2188602/ The Reserve Bank of India (RBI) on Friday allowed banks to deduct loans disbursed to new micro, small, and medium enterprise (MSME) borrowers
Vivad se Vishwas attracts a quarter of all disputed cases – The Financial Express
Clipped from: https://www.financialexpress.com/economy/vivad-se-vishwas-attracts-a-quarter-of-all-disputed-cases/2188948/ “Vivad se Vishwas was brought by the government in March last year just before the Covid-19 outbreak and has received an overwhelming response
Cipla Rating ‘Buy’; A robust performance by company – The Financial Express
Clipped from: https://www.financialexpress.com/market/cipla-rating-buy-a-robust-performance-by-company/2188959/ FY21-23e EPS up 8-12%; upgraded to ‘Buy’ rating with revised TP of Rs 1,030 Revenues of Rs 51.7 bn (+18.3% y-o-y; +2.6% q-o-q)
PLI scheme to be launched on April 1 – WHITE GOODS: –The Financial Express
Clipped from: https://www.financialexpress.com/industry/white-goods-pli-scheme-to-be-launched-on-april-1/2189033/ Under the scheme, eligible investors are now proposed to get incentives of 4-6% on incremental sales (to be calculated over the base year
Pink ribbon warning: Breast cancer overtakes them all–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/pink-ribbon-warning-breast-cancer-overtakes-them-all/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
Indore to Delhi: Munawar Faruqui’s late bail highlights systemic rot–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/indore-to-delhi-munawar-faruquis-late-bail-highlights-systemic-rot/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
Predictably running to stand still–the economic times
Clipped from: https://www.business-standard.com/article/opinion/handle-debt-with-care-121020402057_1.html Overall fiscal position can increase risks The fiscal deficit numbers announced in the Union Budget have surprised almost all analysts. According to the revised estimates,
Govt spending in FY21 much less than projected, will not spur demand: CMIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/govt-spending-in-fy21-much-less-than-projected-will-not-spur-demand-cmie/articleshow/80705614.cmsSynopsis According to CMIE, the big numbers of 2020-21 were used largely to regularise government books of accounts and partly to provide relief and
rbi rates: RBI holds rates steady: Here’s the fine print from MPC’s last meet in FY21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/reserve-bank-of-india-holds-rates-steady-maintains-accommodative-stance/articleshow/80700459.cmsSynopsis The repo rate or RBI’s key lending rate was held at 4% while the reverse repo rate or its borrowing rate was left
Bank complaint: Single body for complaints against banks, NBFCs, pre-paid card issuers from June 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/single-body-for-complaints-against-banks-nbfcs-pre-paid-card-issuers-from-june-2021/articleshow/80701927.cmsSynopsis Currently, there are separate ombudsmen for banks, non-banking finance companies and prepaid card issuers. The move is aimed at providing an efficient dispute
RBI conducting independent assessment of true NPA picture: Governor Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-conducting-independent-assessment-of-true-npa-picture-governor-shaktikanta-das/articleshow/80706147.cmsSynopsis The Economic Survey had last week called for another round of asset quality review when the Covid related forbearance is lifted. The survey
Vivaad Se Vishwas scheme more successful than previous govt initiatives: Source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/vivaad-se-vishwas-scheme-more-successful-than-previous-govt-initiatives-source/articleshow/80710483.cmsSynopsis So far 125,144 cases have opted for the scheme which is 24.5% of the entire long pending 510,491 cases that were in various
Let there not be any doubt, RBI will manage high govt borrowing in FY22: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/let-there-not-be-any-doubt-rbi-will-manage-high-govt-borrowing-in-fy22-shaktikanta-das/articleshow/80707688.cmsSynopsis The governor said the extraordinary event of the pandemic has resulted in deviation from the fiscal consolidation road map and declined to comment
RBI liquidity: RBI bond buys, dispensation to banks to offset CRR withdrawal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-does-rbi-propose-to-deal-with-liquidity/articleshow/80710236.cms SynopsisThe Reserve Bank of India on Friday promised abundant liquidity to calm market nerves, after yields surged past 6% recently amid apprehension of
Will transfer Rs 2.2 lakh crore NPAs to ‘bad bank’: Financial services secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/will-transfer-rs-2-2-lakh-crore-npas-to-bad-bank-financial-services-secretary/articleshow/80701298.cmsSynopsis Financial services secretary Debasish Panda is responsible for implementing some of the key measures – from privatising two banks and a general insurer