Subbarao, who delivered the lecture on “Reserve Bank of India – Making a difference to everyday lives”, discussed several issues relating to the RBI’s functioning,
Author: Anil R Tikotekar
Bankruptcy: IBC’s objective not to emphasise on liquidation: NCLT – The Economic Times–04.01.2018
National Company Law Tribunal (NCLT) president M M Kumar today said the objective of the Insolvency and Bankruptcy Code (IBC) is to find appropriate solution
GST–Why benefits of e-way bill must be contrasted with its disruption – The Financial Express–04.01.2018
Given how companies are yet to come to grips with GST, the planned launch of the e-way bill for inter-state shipments from February 1 is
Flexibility on bankruptcy | Business Standard Editorials–04.01.2018
Parliament on Tuesday gave its assent to the amendments that the government had proposed to the Insolvency and Bankruptcy Code, or IBC. These are meant
With IBC, banks will decide their fate | Business Standard News–04.01.2018
The government could be looking at giving tax exemptions to buyers of stressed assets because they may otherwise ask for more haircuts on assets. This,
GST: Chaotic tax overhaul bad news for truckers, cross-border trade | Business Standard News–04.01.2018
Post-GST, over 20 states have done away with the check post which has reportedly reduced transit time of transportation by 30-40 per cent. But industry
More MSMEs register with M1 Xchange for online trade receivables discounting | Business Line–04.01.2018
The platform will improve fund flow to small units by reducing the receivables realisation cycles Micro, small and medium enterprises (MSMEs), which were hitherto struggling
On the ledger: on fiscal consolidation – The Hindu–04.01.2018
Eight months into the financial year, or until end November, the Union government’s fiscal deficit — the amount by which its expenditure exceeds revenue —
FRDI–No need for bail-in in 98 per cent cases, says Subhash Garg–04.01.2018
Economic affairs secretary Subhash Chandra Garg on Wednesday said that there is no likelihood of bail-in for over 98 per cent of bank depositors which
Pre-GST credits soar to Rs 90,000 cr – The Financial Express–03.01.2018
The higher-than-expected utilisation of input tax credits, including the transitional credits, has been cited by the government as one of the reasons for the sharp
When slack credit demand pares rates–Economic Times–03.01.2018
The country’s biggest lender reducing lending rates by 30 basis points points to three things: one, the general rule of demand and supply works in
Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI – The Economic Times–03.01.2018
Bankers extended themselves in the past, even in matters beyond their realm, in trying to find solutions to problems faced by the promoters. NCLT is
Need to end fiscal targeting obsession- Business News–03.01.2018
Since NDA government took over the rein of power in 2014, successive budgets have shown definite resolve of the government to reduce fiscal deficit figures
Bad loans to remain a thorn in Indian banks’ side for now–Business Today–03.01.2018
As we enter 2018, it is clear that we are not anywhere near solving the vexed non-performing asset (NPA) problem that has plagued the Indian
IBC may end NPAs problem, but won’t help banks get their money back–Business Today–03.01.2018
As the 400 plus cases under the IBC at the NCLT wind their way through the various stages of the resolution process, banks are increasingly
Arun Jaitley rules out one GST rate for all items | Business Standard News–03.01.2018
The government on Tuesday ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food products
Cheque-bounce case: New Bill in Lok Sabha to provide for interim compensation | Business Line–03.01.2018
The interim compensation can be an amount not exceeding 20 per cent of the amount of the cheque, according to the Statement of Objects and
Banks’ consortium lending: Diligence report in for a makeover | Business Line–03.01.2018
Diligence reports — mandated by RBI in 2008 for consortium lending by banks — are in for a makeover if the central bank accepts an
No shortcut to reform | Business Standard Editorials–03.01.2018
India’s archaic and restrictive labour laws have long been a drag on its economy, preventing it from reaching its full potential. Reform is overdue, but
Bank deposits: FRDI Bill: Worried HNIs dial money managers over bail-in clause – The Economic Times–02.01.2018
In the past month, there has been a public hullabaloo about whether bank deposits are safe and whether depositors’ money would be used to bail-in