Clipped from: https://www.business-standard.com/article/opinion/bad-bank-good-intentions-and-bad-lending-121102400906_1.html If PSBs cannot lend as indiscriminately as they did last time in the name of “credit expansion”, how well will these banks do?
Category: ART
Peanut penalty and reputation risks for banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/peanut-penalty-and-reputation-risks-for-banks-121102500023_1.html Is it becoming a routine affair, like being fined by the traffic police for jumping the red light or by a TTE for
Why not have a females-only political party? It will have four advantages | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-not-have-a-females-only-political-party-it-will-have-four-advantages-121102500109_1.html Women are better at governing because they are more patient and more compassionate, writes TCA Srinivasa Raghavan. Last week Priyanka Gandhi, daughter of
Who is my regulator? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/who-is-my-regulator-121102801819_1.html RBI’s recent actions against auditors highlight the need for role clarity as well as coordination among regulators The Reserve Bank of India (RBI) governor drew
Shaktikanta Das 2.0: Lifting the skills of RBI staff to be the real legacy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shaktikanta-das-2-0-lifting-the-skills-of-rbi-staff-to-be-the-real-legacy-121102900986_1.html Making RBI’s professional skills comparable to the best in the world will not be easy because those who have to be supervised the
Why I don’t advise clients on cryptos | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-i-don-t-advise-clients-on-cryptos-121103100872_1.html The RBI had banned banks from holding or facilitating cryptocurrency transactions, but the Supreme Court set aside that circular Some of my clients
Banking accountability | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/banking-accountability-121110201915_1.html Robust system is needed for investigation Bankers are in shock after the arrest of former State Bank of India (SBI) chairman Pratip Chaudhuri by
FACEBOOK-A fresh beginning | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-fresh-beginning-121110301865_1.html Renaming of Facebook to help in multiple ways The renaming of social media giant Facebook to Meta indicates an intended route to future growth for
Why Elon Musk is his worst enemy | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/why-elon-musk-is-his-worst-enemy-1047052.html Most entrepreneurs flying at Musk’s level would take the win, think about their succession plans and start turning their focus more squarely to
RBI drops ‘profitability’ benchmark for declaring banks as weak under its PCA framework – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/rbi-drops-profitability-benchmark-for-declaring-banks-as-weak-under-its-pca-framework-311168-2021-11-02 According to RBI’s new guidelines, capital, asset quality, and leverage will be the three key areas for monitoring in the revised framework. The
Indian stainless steel Industry: Present tense, future uncertain – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/indian-stainless-steel-industry-present-tense-future-uncertain-311274-2021-11-03 Indian Stainless-steel industry is just coming out of the COVID-related disruptions and the pent-up demand, signalling a upcycle, are positive signs. Indian stainless
CBDT notifies e-settlement scheme for taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-notifies-e-settlement-scheme-for-taxpayers/articleshow/87498231.cmsSynopsis The relief was given to taxpayers who were eligible to file application as on January 31, 2021, but could not file the same
Squid Game cryptocurrency: From $2,800 to zero in 5 minutes: How investors lost millions in cryptocurrency inspired by ‘Squid Game’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/from-2800-to-zero-in-5-minutes-how-investors-lost-millions-in-cryptocurrency-inspired-by-squid-game/articleshow/87501855.cmsSynopsis Squid’s crash highlights the regulatory gaps over cryptocurrencies, as government agencies and private firms rush to get a grip on the volatile yet
India needs a judicial corps: All-India cadre can tackle dearth of judges – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-judicial-corps-all-india-cadre-can-tackle-dearth-of-judges/2362154/ Successive Union governments have failed to enact an appropriate Bill that sets the contours of an AIJS, faced with stiff opposition from states
Pratip Chaudhuri’s arrest: New rules say police needs prior nod to act against PSU officials – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pratip-chaudhuris-arrest-new-rules-say-police-needs-prior-nod-to-act-against-psu-officials/articleshow/87497769.cmsSynopsis The Department of Personnel & Training circular, published about a couple of months ago and after the arrest of Bank of Maharashtra executives
Monetisation scheme: Easier norms soon to woo gold depositors – The Financial Express
Clipped from: https://www.financialexpress.com/economy/monetisation-scheme-easier-norms-soon-to-woo-gold-depositors/2362214/ These are among the proposals being considered by the finance ministry before it finalises the next set of changes to the monetisation scheme
Stressed asset sales should take place earlier: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/stressed-asset-sales-should-take-place-earlier-rbi-committee-report/articleshow/87492225.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The RBI-appointed committee also recommended that the minimum net owned funds requirement for asset reconstruction companies should be doubled to two billion rupees.
Rural development ministry ties up with Flipkart to sell products made by artisans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/rural-development-ministry-ties-up-with-flipkart-to-sell-products-made-by-artisans/articleshow/87490167.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Under the mission, poor women from different cross-sections of class and caste form into SHGs and their federations, providing financial, economic and social
Centre holds back cabinet note to amend drugs act amid debate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/centre-holds-back-cabinet-note-to-amend-drugs-act-amid-debate/articleshow/87497720.cmsSynopsis The draft bill is learnt to have proposed imposing a fine for first offences, mandatory community/social work for second offences and imprisonment for
Aye, aye captain: Virat Kohli goes to bat against discrimination based on religion. Team spirit has no room for it
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/aye-aye-captain-virat-kohli-goes-to-bat-against-discrimination-based-on-religion-team-spirit-has-no-room-for-it/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
