Clipped from: https://economictimes.indiatimes.com/markets/forex/rbi-may-use-money-managers-to-boost-forex-reserves-yield/articleshow/83386209.cms Synopsis–The Reserve Bank of India (RBI) is weighing the option of engaging specialist money managers to help improve yields on the reserves fund
Category: RBI–Banks
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?homepage=true The main attraction of DHFL for the Piramal Group is the scale of its operations and branch network Mortgage financier Dewan Housing Finance
Mswipe: Mswipe develops MSME score for risk based credit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/mswipe-develops-msme-score-for-risk-based-credit/articleshow/83364763.cmsSynopsis The new tool will make assessment of MSME creditworthiness easier and provide the opportunity to differentiate risks thereby opening possibilities of dynamic pricing
China is trying to tame inflation. It matters to much of the globe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/china-is-trying-to-tame-inflation-it-matters-to-much-of-the-globe/articleshow/83360967.cmsSynopsis For some goods, prices are indeed rising. Paper manufacturers have raised bulk volume prices for products like napkins and toilet paper four times
RBI money printing should be last option, govt can consider Covid bonds: Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-money-printing-should-be-last-option-govt-can-consider-covid-bonds-subbarao/articleshow/83369306.cmsSynopsis India’s economy contracted by less-than-expected 7.3 per cent in the fiscal ended March 2021. For 2021-22, the deficit has been put at 6.8
Second wave impact: Auto debit payment bounce rate increases further in May | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-wave-impact-auto-debit-payment-bounce-rate-increases-further-in-may-121060800489_1.html The unsuccessful auto-debit requests through the NACH platform are generally referred to as bounce rates The decline in auto-debit transactions had peaked in
Banks’ collection efficiency for micro-loans drops significantly – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/covid-woes-banks-collection-efficiency-for-micro-loans-drops-significantly/2267778/ Lenders feel that collection efficiency is likely to be ‘volatile’ in the first quarter of the current fiscal year due to the intermittent
Banks face ₹42,000-cr haircut as NCLT clears Vedanta firm’s ₹2,900-crore bid for Videocon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/banks-face-42000-cr-haircut-as-nclt-clears-vedanta-firms-2900-crore-bid-for-videocon/article34763894.ece Anil Agarwal-backed company offers to pay ₹2,900 crore to lenders Banks will take a ₹42,000-crore haircut after the Mumbai Bench of the National
Inflation knocking at the door? Here is how equity, debt investments may get impacted – The Financial Express
Clipped from: https://www.financialexpress.com/money/mutual-funds/inflation-knocking-at-the-door-here-is-how-equity-debt-investments-may-get-impacted/2267210/ Global inflation usually spills over to emerging economies through the commodities channel which is already showing up in the WPI which captures inflation
Higher interest rates soon: When to reallocate funds in investment portfolio, where to invest? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/higher-interest-rates-soon-when-to-reallocate-funds-in-investment-portfolio-where-to-invest/articleshow/83257422.cms SynopsisIt is important to sometimes reallocate funds within your portfolio. It is even more important to do so at the right time. How
Fed tapering and emerging markets | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fed-tapering-and-emerging-markets-121060701505_1.html The year 2021 will be one of the strongest years for global growth in history One of the big risks for emerging market
Print money and finance fiscal deficit? Why RBI doesn’t agree with idea | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/print-money-and-finance-fiscal-deficit-why-rbi-doesn-t-agree-with-idea-121060700362_1.html The central bank has managed the government’s borrowing programme well, helping in liquidity. Globally, central banks are funding the stimulus through their “unparalleled
RBI adopts the Fed’s policy mantra – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rates-more-rbi-adopts-the-feds-policy-mantra/2266953/ Policy status quo for now, but normalisation to begin 4Q 2021. RBI’s assessment of the second wave impact on Q2 GDP growth too
Amid inflation worries, RBI prioritises growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/amid-inflation-worries-rbi-prioritises-growth/2267008/ RBI doesn’t have much comfort room, but it is using the tools it has; the govt must now pull its weight on supporting
Small industries seek moratorium for another year amid Covid crisis | Business Standard News
clipped from: https://www.business-standard.com/article/economy-policy/small-industries-seek-moratorium-for-another-year-amid-covid-crisis-121060701097_1.html The industries have been under complete lockdown Representational image The Coimbatore District Small Industrial Association (Codissia) on Monday requested the Centre for extending
Print money and finance fiscal deficit? Why RBI doesn’t agree with idea | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/print-money-and-finance-fiscal-deficit-why-rbi-doesn-t-agree-with-idea-121060700362_1.html The central bank has managed the government’s borrowing programme well, helping in liquidity. Globally, central banks are funding the stimulus through their “unparalleled
TReDS: RBI’s bill discounting mechanism tops 1,500-company registration mark; up 5x in nearly 18 months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/treds-rbis-bill-discounting-mechanism-tops-1500-company-registration-mark-up-5x-in-nearly-18-months/2267005/ TReDS was introduced in 2014 by the central bank and later in 2017, three platforms including M1Xchange promoted by Mynd Solutions, Invoicemart (joint
RBI’s liquidity measures may aid in kick-starting investment cycle; no rush to roll back rate cuts – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbis-liquidity-measures-may-aid-in-kick-starting-investment-cycle-no-rush-to-roll-back-rate-cuts/2266617/ The RBI also announced new special liquidity worth Rs 160 billion to SIBDI for on-lending for MSMEs at the prevailing policy repo rate
Know what investment utilisation ratios say about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-know-what-investment-utilisation-ratios-say-about-a-firm/2266923/ Fixed Assets Turnover is computed by dividing the revenue of a firm by its tangible fixed assets. For all the five ratios, higher
When former biz owners try the back door – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/corporate-file/when-former-biz-owners-try-the-back-door/article34745681.ece Insolvent promoters are cobbling together sweet offers to regain their empires, but what does the insolvency and bankruptcy law really say? On October