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
Category: RBI–Banks
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
ED issues show cause notice to WazirX, directors under FEMA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/ed-issues-show-cause-notice-to-wazirx-directors-under-fema/article34788940.ece Not received any notice; will cooperate in any investigation: CEO Nischal Shetty The Enforcement Directorate has issued a show cause notice to cryptocurrency
30-day overdues in microfinance loans may double to reach 14-16%: Crisil | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/30-day-overdues-in-microfinance-loans-may-double-to-reach-14-16-crisil-121061100650_1.html Collection efficiency of MFIs likely to drop to 75-80% in May, from 90-95% in March, creating asset quality pressures Imaging: Ajay Mohanty The
‘Not an expert’: SC declines to pass order on loan moratorium amid Covid | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/not-an-expert-sc-declines-to-pass-order-on-loan-moratorium-amid-covid-121061100827_1.html The top court said the courts are not experts in financial matters A view of the Supreme Court | Photo: PTI The Supreme Court on
Ex-IL&FS group chief Ravi Parthasarathy arrested in Rs 1-lakh cr scam–business today
Clipped from: https://www.businesstoday.in/current/corporate/ex-ilfs-group-chief-ravi-parthasarathy-arrested-in-rs-1-lakh-cr-scam/story/441467.html EOW says Parthasarathy was heading IL&FS group that comprised more than 350 group firms, and they were channelised to as a “vehicle to
Financial sector woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/financial-sector-woes/article34783141.ece Covid 2.0 poses many a challenge for the sector The second wave of Covid-19 has taken everyone by surprise, and it has struck
Better alternatives to loan moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/better-alternatives-to-loan-moratorium/articleshow/83409051.cmsSynopsis The concern is real, and it is imperative to address the distress in India’s small business universe that prompts such calls. But moratorium
RBI may give banks/NBFCs more time to appoint auditors – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-give-banksnbfcs-more-time-to-appoint-auditors/article34782339.ece?homepage=true The guidelines allow regulated entities to appoint auditors for three years The Reserve Bank of India may give more time to regulated entities,
Despite the turmoil, DHFL buy is an opportunity for Piramal Group – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/despite-the-turmoil-dhfl-buy-is-an-opportunity-for-piramal-group/article34772463.ece The main attraction of DHFL for the Piramal Group is the scale of its operations and branch network Mortgage financier Dewan Housing Finance
Ever wondered how much money has been recovered through IBC? Here’s the data – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/ever-wondered-how-much-money-has-been-recovered-through-ibc-heres-the-data/articleshow/83363743.cms Synopsis–Out of the total 4,300 cases that have been admitted to bankruptcy courts since FY17, only 8% has been resolved and nearly 40%