Clipped from: https://www.business-standard.com/article/economy-policy/rbi-will-have-to-look-through-high-inflation-for-growth-say-economists-121061501364_1.html While the inflation numbers are much above RBI’s tolerance band, the central bank would rather hope an urgent reduction of taxes by the
Category: RBI–Banks
Full-fledged economic recovery to take hold in July, says Niti Aayog VC Rajiv Kumar | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/full-fledged-economic-recovery-to-take-hold-in-july-says-niti-aayog-vc-rajiv-kumar-997607.html ‘And as happened after the first wave subsided, the strength of this economic recovery may also surprise us’ Rajiv Kumar, Vice Chairman, Niti
Step-up working capital loans to street vendors: RBI nudges PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/step-up-working-capital-loans-to-street-vendors-rbi-nudges-psbs/article34812258.ece Loan sanctions only at 58 per cent of total applications The Reserve Bank of India (RBI) has impressed upon public sector banks (PSBs)
The crippling impasse over external debt relief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-crippling-impasse-over-external-debt-relief/article34814897.ece The impending debt crisis is spread across low- and middle-income countries. Yet global leaders show few signs of urgency or adequate action to
RBI sharpens tools to fight Covid 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-sharpens-tools-to-fight-covid-20/article34815348.ece It’s time for banks to aggressively use the liquidity windows provided by the RBI to lend to the ailing sectors and hasten revival
Why fiscal prudence in a pandemic year? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-fiscal-prudence-in-a-pandemic-year/article34815104.ece In 2020-21, rather than boost public spending, some States surprisingly chose to cut expenditure/subsides and the fiscal deficit The real gross domestic product
‘Inflation spike in May might cause RBI to revisit focus on growth risks’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-spike-in-may-might-cause-rbi-to-revisit-focus-on-growth-risks-121061500938_1.html This is based on commentary from global forecasting firm Oxford Economics Photo: Shutterstock Retail inflation spike in May might cause the RBI to “revisit
Inflation tax masquerading as dividend income | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-tax-masquerading-as-dividend-income-121061401675_1.html What we have is effectively a tax though it is subtle and non-transparent as it is collected indirectly through the RBI. In May,
RBI proposes to lift interest rate cap on microfinance institutions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-proposes-to-lift-interest-rate-cap-on-microfinance-institutions-121061500044_1.html Proposes debt-income cap; common rules for all micro-loan lenders This debt-income cap, the RBI felt, would obviate the need for having multiple restrictions
Where will markets be without central banks? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/where-will-markets-be-without-central-banks/2271391/ Markets are fixated on the inflation debate, but strong recovery with or without inflation will lead to tapering by central banks Bond markets
Rating companies form umbrella organisation in a first – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/rating-companies-form-umbrella-organisation-in-a-first/articleshow/83515227.cmsSynopsis This is the first time that such a self-regulatory body has been formed for rating agencies, like the ones for the mutual fund
Banks, borrowers dig in their heels over personal loan guarantees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/banks-borrowers-dig-in-their-heels-over-personal-loan-guarantees/articleshow/83523395.cms SynopsisBanks say that they are demanding proper documentation because several promoters have parked their assets in a trustee company or moved proceeds of
DHFL case: CoC decision on shareof FD holders can set a precedent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-case-coc-decision-on-share-of-fd-holders-can-set-a-precedent/article34806278.ece?homepage=true NCLT says small investors should not face more risk than institutions Amidst the ongoing Covid-19 pandemic and job losses, the National Company Law
Post SC order, banks move to assess value of promoters’ assets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/post-sc-order-banks-move-to-assess-value-of-promoters-assets/article34806617.ece?homepage=true Many are in the process of appointing advisors to arrive at the ‘fair value’ Armed with the Supreme Court’s order on invoking personal
Good show by banks but can they sustain it? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/good-show-by-banks-but-can-they-sustain-it-121061300837_1.html Till March, banks could hold on but not all of them will be in a position to stomach the impact of the second
Is your MSME ready for private equity, venture capital? Here’s what it would take to attract private money – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/is-your-msme-ready-for-private-equity-venture-capital-heres-what-it-would-take-to-attract-private-money/2270599/ A private equity investor accepting an exit for a pre-agreed return on investment is the exit of last resort, that is, the bare
Should you invest in curated investment portfolios? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/should-you-invest-in-curated-investment-portfolios/article34798595.ece Such readymade baskets offer convenience and direct ownership, but they ain’t suitable for all If you are one of those investors who wish
All you wanted to know about NRI bank fixed deposits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/all-you-wanted-to-know-about-nri-bank-fixed-deposits/article34798186.ece?homepage=true Depositors should understand the nuances of taxability and repatriation rules for each product With central banks world over resorting to easy monetary policy,
NBFC-MFIs: Risk of protracted delinquencies remains, says CRISIL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfc-mfis-risk-of-protracted-delinquencies-remains-says-crisil/article34788325.ece Agency assessed that the 30+ PAR could rise to 14-16 per cent of portfolio this month from a recent low of 6-7 per
SC refuses to pass direction on plea to redress borrower hardship – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/covid-19-sc-refuses-to-pass-direction-on-plea-to-redress-borrower-hardship/article34792428.ece The petition was said to be in the realm of policy decision Press Trust of India The Supreme Court on Friday refused to pass