Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-and-the-centre-must-do-their-best-to-ensure-that-the-pmc-bank-resolution-works/article34935111.ece?homepage=true RBI and the Centre must do their best to ensure that the PMC Bank resolution works Afer 20 months of being left out
Category: RBI–Banks
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-sidbi-revamps-term-loan-scheme-liquid-for-covid-hit-msmes-enables-credit-up-to-20-of-highest-outstanding/2276441/ Credit and Finance for MSMEs: The scheme would involve zero contribution from the promoter of the enterprise apart from offering subsidized interest rate,
RBI’s accommodative stance has been justified – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-accommodative-stance-has-been-justified/2277210/ With inflation likely to stay elevated as the economy revives, RBI must ready itself to normalise monetary policy Also, since the private sector
Mostly Welcome Microfinance Norms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/mostly-welcome-microfinance-norms/articleshow/83790207.cmsSynopsis The RBI paper now seeks to streamline and update microfinance regulation across all regulated entities, which makes perfect sense. The rates of interest
Why DFIs have regained relevance today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-dfis-have-regained-relevance-today/article34913371.ece We perhaps failed to review mandates given to development finance institutions in the past to enable them to change course Development Financial Institutions
Cost of capital heads southwards for Indian companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/cost-of-capital-heads-southwards-for-indian-companies/article34912674.ece Cost of capital for Indian companies has been declining, in line with the falling bond yields and policy rate. The average cost of
Don’t ignore depositors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dont-ignore-depositors/article34913715.ece?homepage=true Pampering of borrowers is hurting depositors’ interests While releasing the ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks’ on May 28,
PMC Bank gets some cooperative support, but revival to take time | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-gets-some-cooperative-support-but-revival-to-take-time-121062101539_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The takeover of this bankrupt urban cooperative bank by the Centrum-BharatPe combine marks the first instance of NBFCs, high-net worth individuals and fintechs
FinMin allows small HFCs to take recourse to SARFAESI law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/finmin-allows-small-hfcs-to-take-recourse-to-sarfaesi-law/article34892235.ece Move is expected to be a shot in the arm for thousands of small HFCs The Finance Ministry has now allowed all housing
PMC Bank’s rescue plan did have its own dilemma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pmc-banks-rescue-plan-did-have-its-own-dilemma/article34888551.ece CFSL made the cut as it was the only player with experience in financial services space Centrum or nothing. This was probably the
Cooperative banks need a single regulator – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cooperative-banks-need-a-single-regulator/2275780/ PMC episode and the role of state govts underscores the need for this, need to amend relevant laws The Vishwanathan committee will soon
Govt mulling measures to bolster governance & HR practices in public sector banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-mulling-measures-to-bolster-governance-hr-practices-in-public-sector-banks/articleshow/83735541.cmsSynopsis Some of the key proposals include longer tenure for executive directors, hiring of specialists in areas such as NPA management and fast track
Do lower rates hurt savers? Not quite, says RBI research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/do-lower-rates-hurt-savers-not-quite-says-rbi-research/articleshow/83734985.cmsSynopsis Economic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth
FIDC urges govt to address issues of MSME borrowers & NBFCs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fidc-urges-govt-to-address-issues-of-msme-borrowers-nbfcs-121062000295_1.html The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME
Will co-lending in new avatar fly? It may, but not in a way it was imagined | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/will-co-lending-in-new-avatar-fly-it-may-but-not-in-a-way-it-was-imagined-121062000818_1.html One problem that is yet to be fully resolved is how to marry the low-cost funds of banks with the lower operational costs
Relief for MSME promoters under debt scheme likely | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-19-crisis-relief-for-msme-promoters-under-debt-scheme-likely-121062000979_1.html The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis. The response to
RBI showers its blessings on local audit firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-showers-its-blessings-on-local-audit-firms/article34877448.ece New audit norms have given firms the much-needed push, but it will take them some more time to grow big to a global
A new structure of financial regulation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-new-structure-of-financial-regulation-121062000966_1.html One of the most egregious recent cases of misconduct is the behaviour of credit-rating agencies. Last week, HDFC Bank had to put out
The RBI as outlier on inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rbi-as-outlier-on-inflation-121062000950_1.html As the threat of inflation returns, the Fed and others adjust their messages – why not the RBI? There’s something of a debate
A new era for microfinance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-new-era-for-microfinance-121062000871_1.html Over the past few years, some banks have been fishing in the same pond, exploiting the regulatory loopholes. That’s lazy banking. Now, all