Clipped from: https://economictimes.indiatimes.com/news/economy/policy/bankers-realtors-hail-rbis-move-to-maintain-accommodative-policy-stance/articleshow/81983298.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “The RBI’s accommodative stance to keep the key rates unchanged will be instrumental to achieve sustainable growth of the economy and can be
Category: RBI–Banks
SC order on NPA reclassification: Key metrics bank depositors should track now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/key-metrics-bank-depositors-should-track-now/article34231784.ece Banks will revert to old NPA reporting format, which may impact their financials Not only did the pandemic raise the business risks of
6 start-ups join unicorn club this week; 150 likely by 2025, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/6-start-ups-join-unicorn-club-this-week-150-likely-by-2025-say-experts-121041000075_1.html The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the
TDS on cumulative FDs: Your money loss is more than the tax deducted – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tds-on-cumulative-fds-your-money-loss-is-more-than-the-tax-deducted/articleshow/81926103.cmsSynopsis If TDS is deducted from the interest earned on a cumulative FD in a given financial year, the FD not only loses the
Policies that increase competition between banks can improve the lending standards of PSBs–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-policies-that-increase-competition-between-banks-can-improve-the-lending-standards-of-psbs/articleshow/81955959.cms Synopsis–IF PSBs can reduce bad loans, and offer better deals to their good clients out of fear of losing them to the private
Picking the right banks for privatisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/picking-the-right-banks-for-privatisation/article34284228.ece Market cap, PE ratio and capital adequacy are some factors that can be used to zero in on sell-off candidates As part of
PhonePe, Google Pay continue to be top UPI choices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/phonepe-google-pay-continue-to-be-top-upi-choices/article34271404.ece Data released by the National Payments Corporation of India revealed that PhonePe continued to lead the UPI payments space in March PhonePe and
Indian Bank’s online training in local dialects, a boon to MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-online-training-in-local-dialects-a-boon-to-msmes/article34274091.ece MSME Prerana will provide training in financial statement analysis, filing of returns to handle business efficiently Rarely do we see a public sector
Busting the myth of rupee over-valuation – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/busting-the-myth-of-rupee-over-valuation/article34273763.ece The Real Effective Exchange Rate of the rupee in the new series is no longer at odds with the reality One of the
Timing the policy rate cycle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/timing-the-policy-rate-cycle/article34273834.ece The RBI’s move to normalise rates will hinge on inflation, growth and the global monetary policy cycle The Monetary Policy Committee was expected
E-wallets are similar to bank accounts, but more convenient: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/e-wallets-are-similar-to-bank-accounts-but-more-convenient-experts-121040900055_1.html Will help those who can’t ensure minimum balance Four key announcements made in the April 7 monetary policy are likely to enhance the
Payments banks can now hold max balance of Rs 2 lakh per customer | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/payments-banks-can-now-hold-max-balance-of-rs-2-lakh-per-customer-121040801491_1.html The RBI has doubled the limit of maximum balance that an individual customer can hold with payments banks to Rs 2 lakh from
Hike in deposit limit: Payment banks likely to attract bigger clients | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hike-in-deposit-limit-payment-banks-likely-to-attract-bigger-clients-121040900057_1.html Industry sources said banks had made a case for increasing the limit to Rs 5 lakh in line with the hike in deposit
Privatisation of two public sector banks on meeting agenda next week | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/privatisation-of-two-public-sector-banks-on-meeting-agenda-next-week-121040900077_1.html Four to five PSBs have been suggested by the Niti Aayog and they will be discussed in the meeting, sources said Apart from
NBFCs to face fresh challenges due to Covid surge: Analysts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/nbfcs-to-face-fresh-challenges-due-to-covid-surge-analysts/2229634/ Icra Ratings said that due to the Covid-19 pandemic and resultant nationwide lockdowns, securitisation volumes had seen an unprecedented fall in H1FY21 after
Amazon India’s MSME sellers so far: 2.5M cumulatively digitised, $3B worth exports, 1M jobs created – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-amazon-indias-msme-sellers-so-far-2-5m-cumulatively-digitised-3b-worth-exports-1m-jobs-created/2229542/ Ease of Doing Business for MSMEs: Amazon had announced plans in January last year to invest $1 billion for digitizing 10 million Indian
MSME lender U GRO Capital eyes Rs 20,000 crore AUM by 2025 to address small business credit gap – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-lender-u-gro-capital-eyes-rs-20000-crore-aum-by-2025-to-address-small-business-credit-gap/2229350/ Credit and Finance for MSMEs: U GRO is looking to acquire a 1 per cent market share of the SME lending market by
DC Edit | Nurture is the best policy, but watch out for inflation
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/070421/dc-edit-nurture-is-the-best-policy-but-watch-out-for-inflation.html An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in
MPC: Steady opening for 2nd innings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-steady-opening-for-2nd-innings-ep/article34265674.ece?homepage=true RBI may need a much larger G-sec buying programme to meet the objectives of government’s borrowing plan In its first meeting of 2021-22,
RBI’s tightrope walk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/in-balancing-growth-and-inflation-concerns-the-mpc-might-soon-run-out-of-options/article34265630.ece In balancing growth and inflation concerns, the MPC might soon run out of options India’s monetary policy authorities are faced with an unenviable
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