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
Category: RBI–Banks
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
Here’s how Centrum, BharatPe propose to merge PMC Bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/heres-how-centrum-bharatpe-propose-to-merge-pmc-bank/articleshow/83689549.cmsSynopsis PMC Bank’s depositors include individuals, religious trusts and institutions. It is not yet clear how all depositors will get back their money as
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-at-least-rs-15-lakh-cr-stuck-in-msme-payments-annually-dues-cleared-typically-in-3-6-months-experts/2274889/ Credit and Finance for MSMEs: The second wave of the pandemic, which exposed vulnerabilities of MSMEs like never before, had aggravated their issues
Dollar surges after Fed turns hawkish – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/dollar-surges-after-fed-turns-hawkish/article34860420.ece The Fed raised its inflation forecast for 2021 and its dot-plot suggests two rate hikes in 2023 The outcome of the US Federal
Fed Reserve policies may cause market volatility. RBI must be watchful
Clipped from: https://indianexpress.com/article/opinion/editorials/managing-tantrum-us-economy-us-federal-reserve-open-market-7365444/ RBI needs to be watchful of implications of withdrawal of accommodative policies by the US central bank This expected pivot will also have
Storm warning: India must prepare as US Fed shifts stance–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/storm-warning-india-must-prepare-as-us-fed-shifts-stance/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
MSMEs need easy access to finance for growth post-pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-need-easy-access-to-finance-for-growth-post-pandemic/articleshow/83637553.cmsSynopsis The second wave of Covid-19 threw light on the vulnerabilities in the SME sector like never before. Delayed payments, high informality and low
It’s a bank, PMC will be part of, it’s not takeover, says Centrum’s Jaspal Bindra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/its-a-bank-pmc-will-be-part-of-its-not-takeover-says-centrums-jaspal-bindra/articleshow/83657489.cmsSynopsis The RBI has granted Centrum 120 days to convert itself into a bank with fintech player BharatPe as an investor who will merge
MPC chose loose policy to nurse growth, felt inflation wasn’t demand-driven | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-chose-loose-policy-to-nurse-growth-felt-inflation-wasn-t-demand-driven-121061801504_1.html Loss in momentum of activity could be temporary and restricted to the first quarter of FY22, RBI governor Shaktikanta Das is quoted to
Are our forex reserves adequate? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/are-our-forex-reserves-adequate/article34851832.ece Going by conventional ratios, they are. There is no reason why the RBI should get defensive about the growing pile The growing foreign
Ray of hope for PMC depositors as Centrum roped in for revival | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/ray-of-hope-for-pmc-depositors-as-centrum-roped-in-for-revival-121061801528_1.html However, restrictions to continue for a while till Centrum gets the final approval PMC Bank sources said it will take another three months
RBI has given us 120 days to operationalise SFB: Centrum’s Jaspal Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/we-have-been-given-120-days-time-by-rbi-to-operationalize-the-bank-121061801711_1.html In an exclusive interview with Business Standard, Jaspal Bindra, executive chairman of Centrum group said it has committed Rs 1,800 cr capital to
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