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
Category: RBI–Banks
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%
reserve bank of india: RBI may use money managers to boost forex reserves yield – The Economic Times
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
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