Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-how-the-government-can-truly-make-indias-state-run-banks-efficient-just-like-their-private-sector-peers/articleshow/81261101.cmsSynopsis Since financial institutions are within the administrative control of the finance ministry, these will no doubt have early implementation. There have also been
Category: RBI–Banks–NBFCs
Small-savings inflows are down to a trickle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/small-savings-inflows-are-down-to-a-trickle/article33950772.ece Collections seen inching up by 3% y-o-y in FY21 on falling rates, rising equities Growth in collections in post office small-savings schemes is
Small loans, big stakes: Why MSMEs are banking on fintech lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/small-loans-big-stakes-why-msmes-are-banking-on-fintech-lenders-121021601359_1.html Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour What’s helping new-age lenders outdo
Reliance partners Google, Facebook in seeking NUE licence from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/reliance-partners-google-facebook-in-seeking-nue-licence-from-rbi/articleshow/81237979.cmsSynopsis The new umbrella entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues’ So Hum Bharat, while Facebook and Google
Which financial ratios tell you best about the health of a bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/which-financial-ratios-tell-you-best-about-the-health-of-a-bank/articleshow/81240691.cmsSynopsis Before jumping in to understand how to analyze bank stocks, one needs to understand the business model of banks and how they make
RBI imposes Rs 2 crore fine on Bank of Maharashtra – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-imposes-rs-2-crore-fine-on-bank-of-maharashtra/2202877/ This penalty has been imposed in exercise of powers vested in the RBI under the Banking Regulation Act, 1949. The regulator said it
Five cautions against money-lending apps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/five-cautions-against-money-lending-apps/article33535431.ece Digital money-lending platforms may be hassle-free and convenient, but look before you leap Digital platforms claiming to offer hassle-free loans to individuals, small
A monetary policy that strikes a chord with fisc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-monetary-policy-that-strikes-a-chord-with-the-fisc/article33762050.ece Holding steady The central bank keeping a ‘hold’ on rates was widely anticipated – PAUL NORONHA Holding steady The central bank keeping a
Banking on cybersecurity: RBI’s new rules for digital transactions a step forward – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banking-on-cybersecurity-rbis-new-rules-for-digital-transactions-a-step-forward/2199851/ The master direction on digital payment security controls, released last week, casts a wide net. The Reserve Bank of India has, therefore, done
RBI’s new rules on maintaining credit or debit card details may lead to tokenisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-rbis-new-rules-on-maintaining-credit-or-debit-card-details-may-lead-to-tokenisation/articleshow/81215720.cms Synopsis–Though RBI’s Master Direction on Digital Payment Security Control (bit.ly/3uqrjHj) reads like a hodgepodge pastiche of the Payment Card Industry Data Security Standard
Reserve Bank of India extends deadline to apply for umbrella entity on retail payments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/reserve-bank-of-india-extends-deadline-to-apply-for-umbrella-entity-on-retail-payments/articleshow/81229070.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Requests have been received from various stakeholders including Indian Banks’ Association for extending the deadline, keeping in view the COVID-19 related disruptions and
Why is Indian Banks’ Association not under RTI? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-is-indian-banks-association-not-under-rti/article33934677.ece As a body representing banking industry, IBA’s claim that it’s only a voluntary body and not subject to oversight isn’t convincing Should the
Proposed ARC will not ‘jeopardise’ existing players: RBI Guv Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/economy/proposed-arc-will-not-jeopardise-existing-players-rbi-guv-shaktikanta-das/2201880/ The governor said RBI has also sharpened and deepened its supervisory methods and is now going to deep dive into areas of banking
New ARC aimed at specific set of bad assets with PSBs: Das – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-arc-aimed-at-specific-set-of-bad-assets-with-psbs-das/2201946/ “So we have a precise idea of the build-up of stressed assets in banks and as soon as we see a sign of
bitcoin india: How can a digital currency from RBI change your world? An ex-UN expert decodes CBDC for you – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-can-a-digital-currency-from-rbi-change-your-world-an-ex-un-expert-decodes-cbdc-for-you/articleshow/81204657.cmsSynopsis Massimo Buonomo, who has over 20 years of experience in international finance, said the use of digital currency can eliminate the need for
India has space for another strong ARC led by banks: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-has-space-for-another-strong-arc-led-by-banks-shaktikanta-das/articleshow/81206506.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das also added that just like non-bank lenders the RBI was internally working on refining and strengthening guidelines governing asset reconstruction companies. Reserve
Bad bank may follow Swiss challenge method for price discovery of assets | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bad-bank-may-follow-swiss-challenge-method-for-price-discovery-of-assets-121022500062_1.html Plan aimed at price discovery of assets; IBA working closely with FinMin, RBI Bad assets worth Rs 500 crore and above, against which
RBI should stop fretting over bond yields – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/rbi-should-stop-fretting-over-bond-yields/article33925921.ece?homepage=true The yield curve has risen in all countries in February. There’s no immediate threat to private borrowers from rising yields The RBI’s battle
Private banks need to win govt’s trust before vying for business | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/private-banks-need-to-win-govt-s-trust-before-vying-for-business-121022501099_1.html Post 2020’s YES Bank crisis, chunk of government business moved from private to public banks for ease of operation Photo: iStock The Nifty Bank
Keeping yields low when inflation is rising is risky – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/keeping-yields-low-when-inflation-is-rising-is-risky/2200631/ RBI risks losing credibility if it tries to keep bond yields low while, to contain inflation, it will be tightening policy Real interest
