Clipped from: https://www.thehindubusinessline.com/companies/flush-with-funds-start-ups-go-on-a-hiring-spree-in-2020/article34417236.ece Vedantu tops with 5,093 net addition, according to data Flush with fresh funds and business growth, start-ups stepped up hiring in 2020 even
Category: RBI–Banks
Police book Indiabulls promoters, directors; firm moves court to quash FIR | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/police-book-indiabulls-promoters-directors-firm-moves-court-to-quash-fir-121042700022_1.html The Enforcement Directorate (ED) is learnt to have reached out to the police team seeking details of the case, a senior official confirmed
Need new well-capitalised asset-reconstruction companies, says RBI study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/need-new-well-capitalised-asset-reconstruction-companies-says-rbi-study-121042601444_1.html Notwithstanding the increase in the number of ARCs over time, there has been a concentration in the industry in terms of AUM and
Resurgence of pandemic may bring back inflation pressure, says RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/resurgence-of-pandemic-may-bring-back-inflation-pressure-says-rbi-121042601181_1.html Pandemic protocols, speedier vaccination, ramping up health care capacity, and remaining resolutely focused on a post pandemic future is the way forward, state-of-economy
End arbitrary account-freeze by banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/end-arbitrary-account-freeze-by-banks-121042600015_1.html A longer-term solution is to allow customers to easily vote with their feet Sometime last year, Arun Jain’s (name changed) tax-refund cheque was
Payments banks’ search for right business model | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/payments-banks-search-for-right-business-model-121042500756_1.html Sandwiched between commercial banks and pure-play payments service providers, payments banks do not enjoy a level playing field More than four years after
Microfinance, unsecured SME loan pools to face most stress if lockdowns turn more severe: ICRA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/microfinance-unsecured-sme-loan-pools-to-face-most-stress-if-lockdowns-turn-more-severe-icra/2239969/ Credit and Finance for MSMEs: While Covid cases continue to explode in April even as state governments have been mounting restrictions to arrest
Covid-19 second wave single biggest challenge to recovery: RBI Governor Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/coronavirus-second-wave-cast-a-long-shadow-on-india-s-growth-mpc-members-121042201123_1.html MPC minutes show one member saw little merit in continuing with central bank’s forward guidance Most members were not very sure how the
RBI action may ease India Inc’s borrowing cost in bond market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/rbi-action-may-ease-india-incs-borrowing-cost-in-bond-market/articleshow/82221868.cmsSynopsis The Reserve Bank of India (RBI) Friday cancelled an auction of a five-year paper series of Rs 11,000 crore, with bidders reportedly demanding
M Narasimham: Forgotten contributions | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/m-narasimham-forgotten-contributions-121042301371_1.html In 1977, the Janata government asked him to leave and made Narasimham governor for five months Journalists and sports people are often told
Who’s manipulating the currency, US?–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/whos-manipulating-the-currency-us/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. America’s decision to place India on its currency
Reserve Bank of India bans Amex, Diners from selling new cards from May 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-bans-amex-diners-from-selling-new-cards-from-may-1/articleshow/82218334.cmsSynopsis The action has been take as these entities have been found non-compliant with the directions on storage of payment system data which the
MPC: Covid surge biggest challenge to ongoing economic recovery, says Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-covid-surge-biggest-challenge-to-ongoing-economic-recovery-says-das-121042200890_1.html The RBI governor also said that global financial markets have turned volatile over inflation fears in advanced economies and rising commodity prices, posing
Indiabulls Housing Finance to change its avatar, become originator of loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indiabulls-housing-finance-to-change-its-avatar-become-originator-of-loans/articleshow/82199995.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Managing director Gagan Banga said the company has taken a conscious decision to no longer expand its balance sheet but instead earn income
HDFC-Indiabulls Housing co-lending partnership: Is it a prelude to something bigger? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-ibhfl-co-lending-partnership-is-it-a-prelude-to-something-bigger/article34382588.ece?homepage=true It is to be noted that there are no specific RBI guidelines governing co-lending by two NBFCs Is the co-lending partnership between Housing
Inflation check – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/inflation-check/article34369052.ece The Centre needs to pull its weight to keep inflation in check along with the RBI The Monetary Policy Committee decided to give
Market players averse to conversion of short-tenor G-Secs into long-tenor G-Secs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/market-players-averse-to-conversion-of-short-tenor-g-secs-into-long-tenor-g-secs/article34365991.ece They fear that a rise in interest rates could adversely impact prices of long-tenor securities Market participants, especially banks, in the Government Securities
Paytm Payments Bank becomes the largest beneficiary on UPI platform | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/paytm-payments-bank-becomes-the-largest-beneficiary-on-upi-platform-121042000959_1.html With 469.84 mn transactions in March it is ahead of the country’s largest lender SBI and private lenders such as Yes Bank, ICICI
Microfinance institutions, not corporate houses, should be the banks of the future – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-microfinance-institutions-not-corporate-houses-should-be-the-banks-of-the-future/articleshow/82167827.cms SynopsisThe last two decades have demonstrated the appalling inefficiency and corruption of PSBs, saddled with enormous dud loans. India urgently needs more private
RBI’s prescription needs a relook – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-prescription-needs-a-relook/2236347/ Low bond yields alone will not ensure economic growth Studies in developed economies indicate lower bond yields precede economic growth as lower bond
aniltikotekar4sme.com 