Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-regulatory-frameworks-are-set-just-right-for-scaling-up-well-managed-nbfcs/articleshow/84325357.cmsSynopsis Over the last couple of decades, NBFCs have seen significant increase in terms of size, reach and advancements. As financial intermediaries, they primarily
Category: RBI–Banks
Shaping India’s Bad Bank – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/finance/story/shaping-indias-bad-bank-300658-2021-07-08 Government and RBI are working to make the National Asset Reconstruction Company a reality. Here’s why we must learn from global experience After
Loan defaulter rights: Defaulted on a home or car loan repayment? Here are 4 loan defaulter rights you should know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/defaulted-on-a-home-or-car-loan-repayment-here-are-4-loan-defaulter-rights-you-should-know/articleshow/84168770.cmsSynopsis To safeguard the interest of the borrowers RBI has introduced a Fair Practices Code. The right to humane treatment requires that borrowers be
Employees in sensitive positions should go on ‘mandatory’ leave: RBI tells banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/employees-in-sensitive-positions-should-go-on-mandatory-leave-rbi-tells-banks/article35236304.ece?homepage=true ‘No prior intimation’ in the instructions aimed at maintaining an element of surprise The Reserve Bank of India (RBI) has asked banks to
RBI warns banks of LIBOR preparedness – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-warns-banks-of-libor-preparedness/articleshow/84241608.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis In March, the UK’s Financial Conduct Authority (FCA) said that all LIBOR settings would either cease to be provided by administrators or no
Fall in outward remittances good news for India’s current account – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/fall-in-outward-remittances-good-news-for-indias-current-account/articleshow/84239666.cmsSynopsis This is the first time annual remittance outflows contracted since 2015 when the Reserve Bank of India (RBI) doubled the annual limit for
Three valuable lessons India of 2021 can learn from 1991 economic reforms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/do-escape-from-old-ideas/articleshow/84214182.cmsSynopsis There has understandably been despair in the years since then that reforms have become hostage to the pressures of our boisterous democracy and
Did you know? Debit, credit cards come with accident insurance cover – The Hindu
Clipped from: https://www.thehindu.com/business/did-you-know-debit-credit-cards-come-with-accident-insurance-cover/article35207559.ece Not many customers are aware of this; experts suggest customers check with their banks about the kinds of insurance policies offered Debit and
The current ‘inflation’ is a mystery. FinMin, RBI must tread carefully | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-current-inflation-is-a-mystery-finmin-rbi-must-tread-carefully-121070500103_1.html At a time of declining incomes, people don’t have money. So they do not buy. If they don’t buy, prices must fall, not
Falling US bond yields may signal death knell for ‘reflation’ stock trade | Business Standard News
Clipped from: https://www.business-standard.com/article/international/falling-us-bond-yields-may-signal-death-knell-for-reflation-stock-trade-121070800404_1.html Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year’s most successful
Strong dollar, rising crude price hurt rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/strong-dollar-rising-crude-price-hurt-rupee/article35185030.ece?homepage=true Also, the dollar outflows from the struggling equity market can weigh on the rupee BL Research Bureau The rupee (INR), which has been
An imagined past is the future – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-imagined-past-is-the-future/2285221/ Globally, driven by young people and, now, institutions, there is an amoeba-like movement afoot for cultural change Muslims, perennially discriminated against, but no
FPI Flows Matter, But Don’t Kowtow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/fpi-flows-matter-but-dont-kowtow/articleshow/84151863.cmsSynopsis A separate platform, it is claimed, will alleviate the problem when the foreign ownership limit is breached (read: it could force recent buyers
Bank fraud: Shakti Bhog CMD Kewal Krishan Kumar arrested in money laundering case – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/bank-fraud-shakti-bhog-cmd-kewal-krishan-kumar-arrested-in-money-laundering-case/2284305/ A forensic audit done by the bankers pointed out that the company, in its account books of financial year 2015-16, showed that its
A blueprint for making PSBs Atmanirbhar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-blueprint-for-making-psbs-atmanirbhar/article35154199.ece?homepage=true Here are some unconventional measures the government can adopt instead of the fiscally unsustainable bank recapitalisation The dictionary meaning of self-reliance (Atmanirbhar) is
RBI to introduce new 10-year G-Sec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-introduce-new-10-year-g-sec/article35157336.ece?homepage=true The Reserve Bank of India has decided to introduce a new 10-year Government Security (G-Sec), which will become the benchmark paper, through which
Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls
Clipped from: https://indianexpress.com/article/opinion/editorials/pandemic-economic-contraction-international-food-prices-inflation-7388932/ Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls India’s annual consumer food inflation in May,
Rs 82,000 cr lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money back | How to get unclaimed deposit with bank
Clipped from: https://economictimes.indiatimes.com/wealth/invest/rs-82000-cr-lying-in-unclaimed-bank-a/cs-life-insurance-mutual-funds-pf-how-to-get-your-money-back/articleshow/84089095.cmsSynopsis ET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are unclaimed
View: Trusting private parties with foreign exchange reserves is like putting a fox to guard the chickens – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/for-a-few-dollars-more/articleshow/84121724.cmsSynopsis Early June, reserves touched a record high of $608 billion, making India the world’s fifth-largest reserve-holding country. By any yardstick, we’ve come a
Call to action to avert distress – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/call-to-action-to-avert-distress/articleshow/84121703.cmsSynopsis Financial Stability Report has worrisome data The Financial Stability Report of RBI reveals a picture of relative strength, with the ratio of non-performing
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