Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indiabulls-housing-finance-to-change-its-avatar-become-originator-of-loans/articleshow/82199995.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Managing director Gagan Banga said the company has taken a conscious decision to no longer expand its balance sheet but instead earn income
Category: News of interest
वाचकांना माझ्या दृष्टीने महत्वाच्या वाटणाऱ्या बातम्या देण्याचा प्रयत्न केला आहे –ज्या source मधून ह्या बातम्याचे विवरण केले आहे त्या त्या source चे नाव व लिंक दिली आहे. ही लिंक क्लिक केल्यानंतर वाचकांना मूळ source मधील बातमी सविस्तर पणे वाचता येईल. तसेच नंतरही कधीही या बातम्या वाचता येतील त्यासाठी search option किंवा calender चा पर्याय निवडून बातमी वाचता येईल –उद्देश सर्वच बातम्या –रोजच –सविस्तर वाचणे कधी कधी शक्य नसते अशा वेळेस नंतर देखील अशा महत्वाच्या बातम्या वाचता याव्यात–असा उद्देश आहे. — डिसेंबर २०१६ च्या आधीच्या अशा तऱ्हेच्या Latest Post या category खाली दिल्या आहेत. —ही website कोणत्याही आर्थिक मोबदला मिळावा म्हणून सुरु केलेली नाही. तसेच सर्व प्रयत्न परिपूर्ण आहेत असाही दावा नाही. पण काही तरी उपयोगी करून दाखवण्याचा मात्र उद्देश जरूर आहे. सुधारणा सुचवून वाचकांनी माझ्या प्रयत्नात सामील व्हावे अशी विनंती आहे–
Pilots sleeping on the plane – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/flight-plan/pilots-take-a-nap-while-flying/article34349929.ece Do pilots sleep on their job? Yes, they do. And however alarming it may seem, they are actually encouraged to do so. It’s
Paytm Payments Bank becomes the largest beneficiary on UPI platform | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/paytm-payments-bank-becomes-the-largest-beneficiary-on-upi-platform-121042000959_1.html With 469.84 mn transactions in March it is ahead of the country’s largest lender SBI and private lenders such as Yes Bank, ICICI
Microfinance institutions, not corporate houses, should be the banks of the future – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-microfinance-institutions-not-corporate-houses-should-be-the-banks-of-the-future/articleshow/82167827.cms SynopsisThe last two decades have demonstrated the appalling inefficiency and corruption of PSBs, saddled with enormous dud loans. India urgently needs more private
Udyam Registration: 26 lakh MSME registrations so far on Modi govt’s new portal not exciting, say experts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-udyam-registration-26-lakh-msme-registrations-so-far-on-modi-govts-new-portal-not-exciting-say-experts/2236733/ Ease of Doing Business for MSMEs: To improve the ease of doing business for MSMEs, the government had launched the Udyam Registration portal
Loan against property: Five mistakes to avoid – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/loan-against-property-five-mistakes-to-avoid/2236300/ Factor in processing charges and disbursal time when applying for a loan against property. And go for a floating interest rate Opt for
Manmohan Singh offers five-point guide to help Modi deal with the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/manmohan-singh-offers-5-point-guide-to-help-modi-deal-with-the-pandmic/articleshow/82128926.cmsSynopsis “The central government could retain 10% for distribution based on emergency needs, but other than that, the states should have a clear signal
How are India’s banks gearing up as digital goes mainstream? – TECH-BANKING: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/tech-banking-how-are-indias-banks-gearing-up-as-digital-goes-mainstream/articleshow/82120730.cms Synopsis–Banking transactions have grown exponentially over the past few years. Earlier, one transaction amounted to withdrawing Rs 30,000 in cash from an ATM.
The e-waste crisis: 50 million tonnes of electronic waste discarded in 2019 – The Financial Express
lipped from: https://www.financialexpress.com/lifestyle/science/the-e-waste-crisis-50-million-tonnes-of-electronic-waste-discarded-in-2019/2235015/ Electronic waste is now the fastest-growing waste stream in the world, pointing to the urgent need to create a sustainable industry that generates
Restrained by COVID-19: Auditors ask management to confirm certain sales, debt, physical verification of inventory – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/restrained-by-covid-auditors-ask-for-managements-assurance/articleshow/82090788.cms Synopsis–Auditors are raising questions around the authenticity of sales, inventory and debtors in the financials of several companies, say insiders. Auditors have to
Government may crack the whip on travel agents, airlines for holding back refunds – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/logistics/government-may-crack-the-whip-on-travel-agents-airlines-for-holding-back-refunds/article34329532.ece May declare them ‘defaulters’ The government will soon crack the whip on airline companies, travel agents and mainly online travel aggregators, for holding
Nasscom says laptops and chargers are ‘essential’ | COVID-19 CURFEWS: Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-19-curfews-nasscom-says-laptops-and-chargers-are-essential-121041501546_1.html In its letter to the MIDC, Nasscom has stressed the need for a clarification while stating that e-commerce companies must be allowed to
Rise of risk capital | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rise-of-risk-capital-121041501474_1.html Private funding is bridging a crucial gap India’s unicorn club is expanding rapidly, with 10 start-ups crossing the $1-billion valuation mark in just four months
Auto-debit bounces ease in March, but stay above pre-Covid levels – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/auto-debit-bounces-ease-in-march-but-stay-above-pre-covid-levels/2233863/ The share of unsuccessful auto-debit requests in volume terms eased from 36.65% in February. Bounce rates of anything above 25% remain a cause
Telecom market down to 3 private players, one operator increasingly becoming a question mark: Sunil Mittal – The Financial Express
lipped from: https://www.financialexpress.com/industry/telecom-market-down-to-3-private-players-one-operator-increasingly-becoming-a-question-mark-sunil-mittal/2233935/ Mittal also said India will be a force in the next 5-10 years as a major economy, building its success on industrial upliftment,
Changing nominee in NPS account? Here are the new nomination rules you should be aware of – The Financial Express
Clipped from: https://www.financialexpress.com/money/changing-nominee-in-nps-account-here-are-the-new-nomination-rules-you-should-be-aware-of/2233760/ A fresh nomination will have to be made by the subscriber on his/her marriage. Any nomination made before such marriage will be deemed
PhonePe is planning to enter the stockbroking business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/phonepe-is-planning-to-enter-the-stockbroking-business/articleshow/82076116.cmsSynopsis PhonePe is is awaiting a stockbroking licence from SEBI to join fintech peers Zerodha, Upstox and Paytm in the battle for market share
A bank in the wallet? RBI has just taken Indian banking to next stage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bank-in-the-wallet-rbi-has-just-taken-indian-banking-to-next-stage/articleshow/82062459.cmsSynopsis Over the last decade, the digital wallet payment system has not only captured a significant market share but also completely revolutionised the payment
OCI card holders: Expert Take: All your questions about the recent OCI changes, answered. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/expert-take-all-your-questions-about-the-recent-oci-changes-answered-/articleshow/82059519.cmsSynopsis An important modification introduced by the March 2021 circular changes the reporting obligations of OCI cardholders in India. They now have to report
Financiers buy into India’s used car business amid uptick in demand | Business Standard News
lipped from: https://www.business-standard.com/article/automobile/financiers-buy-into-india-s-used-car-business-amid-uptick-in-demand-121041301382_1.html An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs GirnarSoft,
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