Clipped from: https://www.business-standard.com/article/pf/p2p-lending-is-for-those-with-a-high-risk-appetite-say-analysts-121083001188_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Limit lending amount and diversify among borrowers P2P platforms enable lenders to earn a higher rate of interest. Two prominent fintech players recently
Category: RBI–Banks
Deposit insurance needs overhaul, not tweaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/deposit-insurance-needs-overhaul-not-tweaks/article36208383.ece Aggrieved lot A file picture of protesting PMC Bank depositors – Emmanual Yogini Aggrieved lot A file picture of protesting PMC Bank depositors
Tapering: Is it time for RBI to take Fed-style aggressive action? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/tapering-is-it-time-for-rbi-to-take-fed-style-aggressive-action/articleshow/85778201.cmsSynopsis Interestingly, the Fed may have been the most vocal of all central banks in claiming that current high inflation in the US is
xiaomi: India’s $1 trillion digital loan market is the new battleground for Facebook and Xiaomi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/indias-1-trillion-digital-loan-market-is-the-new-battleground-for-facebook-and-xiaomi/articleshow/85792458.cmsSynopsis Facebook this month said India would be the first country where it rolls out its small business loan program offering loans via a
How Google’s push into Indian retail banking challenges traditional lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/how-google-s-push-into-indian-retail-banking-challenges-traditional-lenders-121083000043_1.html Google Pay wants to push time-deposit products of small Indian banks, breaching banks’ historic moat with tech innovation. Will banking meet the sorry
The liquidity conundrum | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-liquidity-conundrum-121082900849_1.html Only credit growth can help banks to get out of this liquidity drag. That can happen when growth is secured (and not through
No taper tantrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-taper-tantrum-121082900985_1.html India must address risks to financial stability It is now clear that the US Federal Reserve is considering reducing the pace of its asset purchase.
Ball in Centre’s court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ball-in-centres-court/article36103412.ece The RBI may have done all it can to push growth, even as it normalises liquidity to curb inflation In his interview to
Growth needs steps beyond reforms – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/growth-needs-steps-beyond-reforms/article35903267.ece While the reform agenda must continue, social cohesion and equity considerations must be guaranteed The Indian economy has travelled through an eventful period
Public sector banks report sharp slippages in MSME loans in Q1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/public-sector-banks-report-sharp-slippages-in-msme-loans-in-q1/article35879696.ece?homepage=true Covid-19 appears to have impacted small businesses, curtailing their repayment ability In a visible sign of stress in the MSME portfolio, public sector
MSME financing will reach consumer financing level in the next 5 years: U GRO’S Shachindra Nath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-msme-financing-can-reach-consumer-financing-level-in-the-next-five-years/articleshow/85267124.cmsSynopsis The MSME sector contributes almost 35% of the GDP, employs roughly around 8% of the population and has a credit gap of more
Can e-RUPI become the game-changer for digital currency adoption in India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/can-e-rupi-become-the-game-changer-for-digital-currency-adoption-in-india/articleshow/85231288.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DPSynopsis The introduction of e-RUPI will provide a new level to the governance of information technology. It has been met with enthusiasm by cryptocurrency
YES Bank eyes own asset reconstruction company, invites EoIs from investors | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/yes-bank-eyes-own-asset-reconstruction-company-invites-eois-from-investors-121081100633_1.html In April, the RBI formed a 6-member panel headed by Sudarshan Sen, former ED, to carry out a comprehensive review of the working
Gadkari pitches for using RBI’s rising forex reserves for infra development | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gadkari-pitches-for-using-rbi-s-rising-forex-reserves-for-infra-development-121081100924_1.html Gadkari pointed out that he is talking to the World Bank, the Asian Development Bank and the New Development Bank NDB) for infrastructure
Microfinance industry bounces back to pre-Covid levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/microfinance-industry-bounces-back-to-pre-covid-levels/article35852083.ece?homepage=true Records 26 per cent year-on-year growth in loan disbursement disbursing loans worth ₹93,100 crore in the January-March 2021 quarter The microfinance industry is
10 banks come together to set up Secondary Loan Market Association – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/10-banks-come-together-to-set-up-secondary-loan-market-association/article35853331.ece?homepage=true A self-regulatory body, SLMA will look to promote wider participation in the loan market Ten major banks, including State Bank of India (SBI),
Nearly half the loans under ECLGS went to services sector, traders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nearly-half-the-loans-under-eclgs-went-to-services-sector-traders-121081001705_1.html Together, the two sectors account for over Rs 91,000 crore worth of govt-guaranteed loans out of a total of Rs 1.98 trillion Illustration:
Lenders in talks with Future Group to find alternatives – The Financial Express
Clipped from: https://www.financialexpress.com/industry/lenders-in-talks-with-future-group-to-find-alternatives/2308321/ Lenders had been hopeful of a takeover of the company by Reliance Retail before that date The moratorium extended to Future Retail under
High stress: PSBs set aside over 60% of operating profit as provisions – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/high-stress-psbs-set-aside-over-60-of-operating-profit-as-provisions/2308300/ Bankers say the first quarter saw stress mounting in the retail and small business segments as a result of the second Covid wave.
India Inc. vs. RBI: Companies don’t want to reveal loan details to public – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-inc-vs-rbi-companies-dont-want-to-reveal-loan-details-to-public/articleshow/85209698.cmsSynopsis Credit-rating agencies have been mandated to list bank-wise term-loan data availed by borrowers. Companies and banks say it’s a breach of client confidentiality.
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