Clipped from: https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/cryptos-are-entirely-useless-products/articleshow/78472917.cmsSynopsis When everything is getting digitised, currency should too. The day is not far when digital currency will come into being. But cryptocurrency is
Category: RBI–Banks
The Disconnect: Real rates, unreal times – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/the-disconnect-real-rates-unreal-times/articleshow/82749849.cms Synopsis–Someone has to pay the price to keep the wheels moving — so that one day the sputtering engine of growth starts roaring.
For a good ‘bad bank’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/for-a-good-bad-bank/article34589246.ece Many operational details need to be thrashed out before the “bad bank” gets started With borrowers likely to take a renewed hit on
RBI, look through this price rise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rbi-look-through-this-price-rise/articleshow/82747208.cmsSynopsis There are concerns that the spurt in WPI would leave the Reserve Bank of India (RBI) with little leeway to cut interest rates
Sovereign rating risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sovereign-rating-risk-121051701487_1.html Govt must take steps to avoid a downgrade Daily Covid-19 cases are showing initial signs of stabilising, with India reporting less than 300,000
Using reserves: When, if not now? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/using-reserves-when-if-not-now-121051800014_1.html India continues to be in urgent need of various supplies to deal with Covid-19 Though we have had some improvement in the last
How will the economy pan out this fiscal? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-will-the-economy-pan-out-this-fiscal/article34580661.ece Thanks to the second wave of Covid, double-digit GDP growth seems elusive and household finances will weaken further The second wave of Covid-19
Can clear home loan online but collect original sale agreement – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-can-clear-home-loan-online-but-collect-original-sale-agreement/2253684/ Once you have a buyer, you need to share the loan details with the buyer. The buyer will pay part of the purchase
Can digital cash make inflation worse? Fed, other central banks need to be cautious – The Financial Express
Clipped from: https://www.financialexpress.com/economy/can-digital-cash-make-inflation-worse-fed-other-central-banks-need-to-be-cautious/2253415/ Inflation is coming. Or wait, it’s already here. Bond investors are looking at the 4.2% annual rate that U.S. consumer prices jumped to
Cryptocurrency in India: Crypto exchanges want Sebi or a new entity as regulator, not RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-exchanges-want-sebi-or-a-new-entity-as-regulator-not-rbi/articleshow/82718907.cms Synopsis–Nature of the assets is closer to a commodity and not a currency and hence falls within the domain of the capital markets
NBFCs survived first Covid wave but face second hurdle, says RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-survived-first-covid-wave-but-face-second-hurdle-says-rbi/articleshow/82712068.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Among sectors NBFCs lend to, industrial sector, particularly micro and small and large industries, were the hardest hit by the pandemic as they
Coronavirus second wave hit aggregate demand more than supply, says RBI bulletin – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/coronavirus-second-wave-hit-aggregate-demand-more-than-supply-says-rbi-bulletin/articleshow/82710345.cmsSynopsis The central bank said despite seasonally adjusted month-on-month momentum in industrial production being positive for the fourth consecutive month, anecdotal evidence points to
Ensuring more transparency in banking – The Hindu BusinessLine
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.
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
