https://www.business-standard.com/industry/banking/the-shift-households-turn-net-borrowers-from-banks-says-bcg-report-124090700007_1.html lipped from: https://www.business-standard.com/industry/banking/the-shift-households-turn-net-borrowers-from-banks-says-bcg-report-124090700007_1.html The report highlighted that unsecured lending as a proportion of GDP in India is as high as it is in the United
Author: Anil R Tikotekar
Chairman IBA — suggests involvement and active participation of the Government and regulator is required so as to ensure that bank deposits — which aid economic expansion — increase — Courtesy BusinessLine
One more point made — banks make 20% provision even for lending to AAA rated corporates whereas mutual funds do not have to —
Credit growth — warning bells sounded –Article by Ex RBI Governor and Sambamurthy — Courtesy BusinessLine
Article tries to impress that credit growth beyond nominal GDP 11% [ Real GDP 7% + Inflation 4% [ which RBI is bound by law
Insurance regulator issues circular to protect interests of policyholders | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/insurance-regulator-issues-circular-to-protect-interests-of-policyholders-124090600658_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/insurance-regulator-issues-circular-to-protect-interests-of-policyholders-124090600658_1.html Norms on claims settlement process, electronic policies improve transparency for policyholders IRDAI The Insurance Regulatory and Development Authority of India (IRDAI) has