Clipped from: https://www.financialexpress.com/business/sme-banks-msme-npas-at-4-4-as-of-march-2024-finmin-3677008/?ref=latest_hp The gross NPAs in MSME loans by SCBs had declined by 14 per cent to Rs 1.31 lakh crore in FY23 from Rs
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.
👌👌👌👌👌Know common myths and misconceptions about car warranties in India – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/know-common-myths-and-misconceptions-about-car-warranties-in-india-454835-2024-11-24 There are numerous false beliefs, such as the idea that service packages cover the same territory as warranties or that having auto insurance
👌👌👌PAN 2.0: New PAN cards to come with QR codes. What changes are expected? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/pan-20-new-pan-cards-to-come-with-qr-codes-what-changes-are-expected-455079-2024-11-25 PAN 2.0 will be an advanced iteration of the country’s PAN system, aimed at streamlining business and citizen-centric operations. The older version PAN
What prompted RBI’s warning against errant gold lending practises? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/what-prompted-rbis-warning-against-errant-gold-lending-practises/article68905101.ece Some entities were found to be rolling over gold loans using the same collateral deposited for the initial loan The Reserve Bank of
👌👌👌👌👌The Institute of Chartered Accountants of India (ICAI) has launched CA GPT-Industry Forum comprising of annual reports of 5,000 listed companies for the fiscal year 2023-24 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/icai-launches-ca-gpt-industry-forum-with-annual-reports-of-5000-listed-companies-for-financial-analysis-by-cas/article68909834.ece This initiative of ICAI’s Committee on AI was officially unveiled during a live webinar held on Sunday and attended by over 10,000 chartered accountants from across
👌👌👌👌👌NFRA finalises auditing standards for LLPs, recommend them for Centre’s approval – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/nfra-finalises-auditing-standards-for-llps-recommend-them-for-centres-approval/article68910976.ece Central government has to prescribe these auditing standards National Financial Reporting Authority (NFRA), the country’s sole independent audit regulator, on Monday finalised and
👌👌👌👌👌RBI Deputy Governor red-flags diversion of funds by some MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-deputy-governor-red-flags-diversion-of-funds-by-some-msmes/article68910927.ece It is important for them to use bank funds for the purpose they were borrowed for, RBI Deputy Governor Swaminathan J said RBI
👌👌👌Consumer protection: Retailer held liable for selling defective earpiece
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-retailer-held-liable-for-selling-defective-earpiece-124112400631_1.html “We undertake to repair/replace all material and manufacturing defects within the warranty period.” The National Commission concluded this made it equally responsible for
👌👌👌CBIC should review its MOOWR instructions to ease operations for units
Clipped from: https://www.business-standard.com/opinion/columns/cbic-should-review-its-moowr-instructions-to-ease-operations-for-units-124112400747_1.html Irritants persist for MOOWR units, although over five years have passed since the introduction of MOOWR 2019 regulations Representative Picture In October 2019,
👌👌👌👌👌Trump’s promises on growth, inflation might derail due to $36 trn debt | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/trump-s-promises-on-growth-inflation-might-derail-due-to-36-trn-debt-124112400473_1.html It’s clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance,” said an expert Donald
FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/fpi-selling-spree-continues-in-nov-at-rs-26-533-cr-pace-of-outflow-slows-124112400134_1.html According to the data, FPIs recorded a net outflow of Rs 26,533 crore so far this month (till November 22). This came following
India’s 26 major realty firms sell Rs 35,000 cr worth properties in Q2 | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/india-s-26-major-realty-firms-sell-rs-35-000-cr-worth-properties-in-q2-124112400353_1.html India’s 26 major listed real estate firms have sold properties worth nearly Rs 35,000 crore during the September quarter with Godrej Properties reporting
Crypto or not: Industry to focus on user protection, licensing regime | Start Ups – Business Standard
Clipped from: https://www.business-standard.com/companies/start-ups/crypto-licensing-user-protection-on-agenda-says-coinswitch-co-founder-124112400517_1.html A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder Listen to This
👌👌👌👌👌Aligning with global audit norms key to Viksit Bharat vision: NFRA Chairman | Interviews – Business Standard
Clipped from: https://www.business-standard.com/economy/interviews/aligning-with-global-audit-norms-key-to-viksit-bharat-vision-nfra-chairman-124112400750_1.html Ajay Bhushan Pandey says the latest reforms proposed to India’s audit standards are historic and long overdue Ajay Bhushan Pandey, Chairman, NFRA Ajay
Private sector banks evincing keen interest in selling loans exhibiting signs of incipient stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/private-sector-banks-evincing-keen-interest-in-selling-loans-exhibiting-signs-of-incipient-stress/article68905599.ece This move will correct skewed credit-deposit (C-D) ratio and present a better picture on bad loans to investors Private sector banks (PvSBs) are evincing
👌👌👌👌👌CCI’s WhatsApp ruling: A landmark for data privacy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ccis-whatsapp-ruling-a-landmark-for-data-privacy/article68906359.ece The CCI has rightly fused data sharing and competition concerns. A turf war with the data regulator is a possibility The Competition Commission
Speed bump ahead for NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/speed-bump-ahead-for-nbfcs/article68906387.ece Non-banks face funding challenges as RBI insists on risk management Umesh Revankar, Executive Vice Chairman, Shriram Finance Limited A combination of factors, including
👌👌👌👌👌RBI, Finance Ministry and the New Trilemma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-finance-ministry-and-the-new-trilemma/article68906437.ece The government wants investment and growth, the RBI focusses on inflation control and both want financial stability. It’s an impossible problem to solve
Other side of financialisation: Unsecured loans flowing into stock market? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/other-side-of-financialisation-unsecured-loans-flowing-into-stock-market-124112400388_1.html There’s been a dramatic rise in loans against gold in the past one year, but growth in unsecured loans is slowing. Bank loans
IBBI suspends IP for failing to act in homebuyers’ interest during CIRP
Clipped from: https://taxguru.in/corporate-law/ibbi-suspends-ip-failing-act-homebuyers-interest-cirp.html The Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee issued Order No. IBBI/DC/252/2024 on November 22, 2024, addressing Show Cause Notice (SCN)
aniltikotekar4sme.com 