lipped from: https://www.thehindubusinessline.com/economy/volume-of-complaints-under-ombudsman-schemes-up/article38256040.ece The 22 Offices of Banking Ombudsman got 2,73,204 complaints against last year’s 3,08,630 complaints The volume of complaints received under the Ombudsman Schemes
Category: ART
It’s time savers got their due – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/its-time-savers-got-their-due/article38255802.ece Savers earn a negative real rate of return. If low policy rates are here to stay, the Budget should step in with tax
Wrong call – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/wrong-call/article38256761.ece If Vodafone Idea is to be rescued, raising government stake is the worst way to do it The decision by Vodafone Idea to
There is a strong need and role for digital currency: Sanjiv Bajaj – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/there-is-a-strong-need-and-role-for-digital-currency-sanjiv-bajaj/article38238627.ece Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv Ltd Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv Ltd× Bajaj Finserv CMD red flags
Case for extension – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/case-for-extension/article38238845.ece ECLGS has kept small firms going amidst Covid. Its role should be expanded Preliminary studies suggest that the Emergency Credit Line Guarantee Scheme
Banks must hit a ‘pause’ on retail loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banks-must-hit-a-pause-on-retail-loans/article38239064.ece Recent trends show that excessive reliance on personal loans as risk diversifier and income generator does not bode well Both the Report on Trend
Good conduct must match success – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/good-conduct-must-match-success/2404170/ Regulators must take notice of both the Grover and Paytm episodes and act That the co-founder of a unicorn should have stooped to
More than a ‘token’ step – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/more-than-a-token-step/2404162/ Tokenisation will make online transactions using cards secure, while maintaining the ‘seamlessness’ of digital payments The last four digits of the tokenised card
Modi’s PLI scheme to help Indian economy beat China; India to grow faster than emerging markets: World Bank – The Financial Express
Clipped from: https://www.financialexpress.com/economy/modis-pli-scheme-to-help-indian-economy-beat-china-india-to-grow-faster-than-emerging-markets-world-bank/2404707/ The World Bank said it has upgraded its expectations for India’s growth to 8.7% in FY 2022-23 “to reflect an improving investment outlook
Manpower shortage may worsen for several sectors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/manpower-shortage-may-worsen-for-several-sectors/articleshow/88844126.cmsSynopsis Several sectors – especially manufacturing, engineering, construction, real estate, healthcare and pharmaceutical – are finding it increasingly challenging to source labour. A blue-collar labour
paytm: Founder Vijay Shekhar Sharma blames bad timing for Paytm’s flop listing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/founder-vijay-shekhar-sharma-blames-bad-timing-for-paytms-flop-listing/articleshow/88853045.cmsSynopsis Paytm founder Vijay Shekhar Sharma said the company he cofounded went public at a time when the market was spooked by various factors,
Why NBFCs need ICAAP – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/why-nbfcs-need-icaap/2402035/ Regulatory concerns on capital assessment and risk management need to be addressed It is quite clear that Middle Layer and Upper Layer NBFCs’
Now, Securities Appellate Tribunal pulls up SEBI for ‘judicial indiscipline’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/now-securities-appellate-tribunal-pulls-up-sebi-for-judicial-indiscipline/article38224145.ece?homepage=true SAT comes down heavily on regulator for third time in less than a month The ongoing friction between SEBI and Securities and Appellate
cvc: Protect bankers from arbitrary witch-hunt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/protect-bankers-from-arbitrary-witch-hunt/articleshow/88818259.cmsSynopsis A change in the banks’ holding structure giving them functional autonomy, accompanied by accountability, is a reform overdue. The Central Vigilance Commission‘s (CVC) reported
Consumer sentiments fell in December | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/consumer-sentiments-fell-in-december-122011001376_1.html Something seems to have snapped in December 2021. Consumer sentiments declined after increasing for five consecutive months. The Index of Consumer Sentiments fell
ICMR says self rapid antigen test will be considered confirmatory – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/icmr-says-self-rapid-antigen-test-will-be-considered-confirmatory/articleshow/88815890.cmsSynopsis The RAT test result should be uploaded on ICMR’s portal. The self RAT test kits are now available over-the-counter and through online pharmacies
Paytm: IPO investors loss mounts as stock hits fresh low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/paytm-ipo-investors-loss-mount-as-stock-hits-fresh-low/article38216110.ece Macquarie lowers price target to ₹900 Shares of One97 Communications (Paytm) hit yet another low on Monday, as Macquarie lowered the price target
Bounce rates in December fall to their lowest since Covid-19 pandemic | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bounce-rates-in-december-fall-to-their-lowest-since-covid-19-pandemic-122011000450_1.html Bounce rates are even lower than pre-Covid levels seen during December’19 – February’0 period. Suresh Ganapathy, associate director, Macquarie Capital, said, “This indicates
Cash credit account cannot be provisionally attached- HC issues contempt notice to Principal Commissioner
Clipped from: https://taxguru.in/goods-and-service-tax/cash-credit-account-provisionally-attached-hc-issues-contempt-notice-principal-commissioner.html?utm_source=feedburner&utm_medium=email Manish Scrap Traders Vs Principal Commissioner (Gujarat High Court) Way back in the year 2016, in the case of Kaneria Granito Ltd. vs. Assistant
Businesses to be given ‘reasonable time’ to explain mismatch in GSTR-1, 3B | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/businesses-to-be-given-reasonable-time-to-explain-mismatch-in-gstr-1-3b-122010900301_1.html Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax
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