Clipped from: https://www.thehindubusinessline.com/opinion/ensuring-more-transparency-in-banking/article34573596.ece Tightening supervision – Bloomberg Tightening supervision – Bloomberg× The apex court has told the RBI to make public annual inspection reports of banks.
Category: RBI–Banks
IDBI-Sivasankaran deal raises hope for other defaulting promoters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/idbi-sivasankaran-deal-raises-hoped-for-other-defaulting-promoters/article34572075.ece Firms may be able to take back control of their companies if the debt resolution process fails to find new owners Former promoters
How to spend, yet reduce government debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/ashima-goyal/how-to-spend-yet-reduce-government-debt/article34573377.ece Deficit matters India must never lose sight of fiscal consolidation – /iStockphoto Deficit matters India must never lose sight of fiscal consolidation –
How to reconstruct asset reconstruction companies | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-to-reconstruct-asset-reconstruction-companies-121051600864_1.html Banks feel happy shifting their toxic assets from loan books to investment books, while the ARCs are enjoying the management fees with a
Microfinance institutions using AI, machine learning to disburse more loans | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/microfinance-institutions-using-ai-machine-learning-to-disburse-more-loans-121051600789_1.html Tailor-made financial products are being devised, and credit histories are created for all customers. New tools have led to high collection efficiencies Imaging:
Crypto exchanges draw attention of regulators over brand promotions | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/crypto-exchanges-draw-attention-of-regulators-over-brand-promotions-121051700016_1.html According to regulatory sources, the brand promotion could mislead retail investors as the legality of cryptocurrency itself is under the scrutiny of the
Small businesses struggle to stay afloat in second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/small-businesses-struggle-to-stay-afloat-in-2nd-wave/articleshow/82690642.cmsSynopsis The second lockdown, following the more deadly second wave of the pandemic, has completely disrupted the entire payments cycle that’s critical for small
Govt may amend DICGC Act in monsoon session to provide timely service to ailing bank depositors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-may-amend-dicgc-act-in-monsoon-session-to-provide-timely-service-to-ailing-banks-depositors/articleshow/82677021.cmsSynopsis Once the Bill becomes the law, it will provide immediate relief to thousands of depositors who had their money parked in stressed lenders
How to manage your non-bank deposits in Covid times – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-manage-your-non-bank-deposits-in-covid-times/article34568663.ece NBFC deposit transactions have gone digital, making branch visits unnecessary The corporate deposit ecosystem, like many others in our country, previously involved physical
Banks make a beeline at Covid vaccine makers’ doorstep to offer loans | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/covid-banks-make-a-beeline-at-vaccine-maker-s-doorstep-to-offer-loans-121051400644_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Amid feeble credit offtake due to local lockdowns this year, lenders sanction Rs 6,000-crore line of credit to SII Commercial banks are rushing to coronavirus vaccine manufacturers
Govt not present as India faces ‘greatest challenge’ in Covid-19: Rajan | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/covid-probably-india-s-greatest-challenge-since-independence-rajan-121051501036_1.html ‘Pandemic has shown that we are all connected,’ says economist and former RBI governor at a virtual event. Covid-19 is probably India’s greatest
Liquidity Crunch: New mechanism in the works to aid exporters – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-crunch-new-mechanism-in-the-works-to-aid-exporters/2251629/ Given paucity of funds with govt, exporters to borrow at repo rate against MEIS entitlement As per the mechanism being explored, the government
Covid to act as speed-breaker, but won’t derail economy, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-to-act-as-speed-breaker-but-won-t-derail-economy-say-experts-121051401215_1.html Some improvement likely when enough people are vaccinated in the later part of the year The pandemic and ensuing lockdowns would push up
Reserve Bank of India leaves 10-year bond unsold in auction, rejects bids | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/reserve-bank-of-india-leaves-10-year-bond-unsold-in-auction-rejects-bid-121051401367_1.html The rejection of the bids brought down yields by 2 basis points and the 10-year bond closed at below 6 per cent again,
SBI eyes over Rs 10K-crore credit pipeline for health infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sbi-eyes-over-rs-10k-crore-credit-pipeline-for-health-infrastructure-121051500044_1.html Ashwani Bhatia, managing director, SBI, said the bank had held discussions with firms that needed funds for building hospital infrastructure The Reserve Bank
With rural areas impacted by Covid, MFIs face drop in collections – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/with-rural-areas-impacted-by-covid-mfis-face-drop-in-collections/article34555354.ece With rural areas also impacted by the second wave of the Covid-19 pandemic, microfinance institutions (MFI) have been witnessing a drop in collections
Loan restructuring: FIDC seeks clarity from RBI on relief measures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-restructuring-fidc-seeks-clarity-from-rbi-on-relief-measures/article34559946.ece Seeks moratorium up to an additional three years The Finance Industry Development Council (FIDC) has written to Reserve Bank of India Governor Shaktikanta
Banks go after promoter trusts of firms having stressed loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banks-go-after-promoter-trusts-of-firms-having-stressed-loans/articleshow/82641931.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In the last few weeks, top banks have been making inquiries in certain cases where businesses have been hit hard by Covid and
Banks, RBI favour further cutback in small savings rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-rbi-favour-further-cutback-in-small-savings-rates/articleshow/82646853.cms Synopsis–The central bank has been struggling to keep bond yields from spiking in a year that will witness record government borrowing, with North
Accept and regulate – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/accept-and-regulate/article34559933.ece The Centre needs to quickly finalise its policy on cryptocurrency trading The delay by the Centre in formulating a policy regarding trading and
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