Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/funding-and-msmes-can-banks-fintech-together-address-the-credit-gap-for-small-businesses/articleshow/81087510.cmsSynopsis With the COVID 19 pandemic disrupting economic activities worldwide, the role of fintech, banks, and NBFCs in powering small businesses in the post-pandemic
Category: RBI–Banks
Government’s initiatives brings back loan growth to pre-Covid levels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/governments-initiatives-brings-back-loan-growth-to-pre-covid-levels/articleshow/81094227.cmsSynopsis Enquiries by borrowers rose 13 per cent year-on-year as of December’20 with lending growth largely being driven by the MSME segment. The total
Banks eye bigger home loan pie as housing finance companies face challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-eye-bigger-home-loan-pie-as-housing-finance-companies-face-challenges/articleshow/80993379.cms Synopsis–Lenders led by State Bank of India (SBI) and ICICI Bank have increased focus on home loans especially to salaried individuals as easy
DHFL Piramal takeover: RBI’s DHFL approval takes Piramal one step closer to expand reach to grow retail book – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbis-dhfl-approval-takes-piramal-one-step-closer-to-expand-reach-to-grow-retail-book/articleshow/81092982.cmsSynopsis A quick approval from the RBI is likely a precursor for a NCLT approval even as the resolution plan, the first for a
RBI tightens payments security norms for banks, digital payment operators – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-tightens-payments-security-norms-for-banks-digital-payment-operators/articleshow/81094347.cmsSynopsis “The Master Direction provides necessary guidelines…to set up a robust governance structure and implement common minimum standards of security controls for digital payment
Decoded: Understanding the draft guidelines on credit default swaps | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/decoded-understanding-the-draft-guidelines-on-credit-default-swaps-121021701392_1.html In the past too, the RBI has tried to launch a comprehensive CDS product but it never really took off CDS is seen
Will the proposed bad bank help? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/will-the-proposed-bad-bank-help/2196737/ It can potentially clean up balance sheets and revive credit demand in the short run but cannot be a solution to the stressed-assets
MS Sahoo writes: The Insolvency and Bankruptcy Code allows the market to make the most efficient choice–business today
Clipped from: https://indianexpress.com/article/opinion/columns/insolvency-and-bankruptcy-code-corporate-debt-resolution-process-7178980/ Liquidation or rescue is an outcome of the market forces; the law is only an enabler giving choices and nudging a company towards
Paytm user? Stay safe from QR code frauds- Business News
Clipped from: https://www.businesstoday.in/latest/trends/paytm-user-stay-safe-from-qr-code-frauds/story/431556.html The Indian mobile payments bank has asked users to stay alert and not believe fraudsters who ask to scan the QR code sent
Reserve Bank of India issues directions for housing finance companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking-finance/reserve-bank-of-india-issues-directions-for-housing-finance-companies/articleshow/81068208.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The central bank said these directions, which shall come into force with an immediate effect, are aimed at preventing the affairs of any
RBI’s easy liquidity may clash with macro stability, warns UBS’ Tanvee Gupta Jain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/rbis-easy-liquidity-may-clash-with-macro-stability-warns-ubs-tanvee-gupta/articleshow/81049123.cmsSynopsis It will not be easy for RBI to walk back on its stance but policy normalisation is going to be the next buzz
NPS vs PPF investment: Where should you invest to save for your retirement? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/nps-vs-ppf-investment-where-should-you-invest-to-save-for-your-retirement/articleshow/81035567.cmsSynopsis While PPF gives you one of the highest returns in the fixed income category, equities are known to deliver much higher return in
Public sector banks plan ‘daylight overdrafts’ to lure top companies from private rivals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-plan-daylight-ods-to-woo-top-cos/articleshow/81008846.cms SynopsisWith the Reserve Bank of India (RBI) changing the rules to help public sector banks (PSBs) grab business from MNC lenders, some of
Compulsory TReDS to ease payment woes for MSMEs, small companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/compulsory-treds-to-ease-payment-woes-for-msmes-small-cos/articleshow/80947583.cmsSynopsis The Centre is seeking to cut through swathes of bureaucracy and speed up bill payments by getting its departments to compulsorily adopt the
NBFC NPA: NBFCs staring at a sharp rise in NPAs this fiscal: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/nbfcs-staring-at-a-sharp-rise-in-npas-this-fiscal-crisil/articleshow/80978874.cmsSynopsis The rating agency expects stressed loans to rise to between Rs 1.5 lakh crore-Rs 1.8 lakh crore or 6% to 7.5% of the
NBFCs’ stressed assets could touch ₹1.5-1.8-lakh cr by fiscal end: Crisil Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfcs-stressed-assets-could-touch-15-18-lakh-cr-by-fiscal-end-crisil-ratings/article33850173.ece?homepage=true That’s 6% to 7.5% of their AUM; personal loan segment to be the ‘big challenge’ this year Stressed assets of non-banking financial companies
Unclaimed deposits: RBI may nudge banks to streamline information access for nominees/heirs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/unclaimed-deposits-rbi-may-nudge-banks-to-streamline-information-access-for-nomineesheirs/article33849764.ece?homepage=true The Reserve Bank of India (RBI) is likely to ask banks to follow a standardised approach to help nominees/heirs of depositors quickly get
Loans: PMAY can be applied only once – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-pmay-can-be-applied-only-once/2195389/ Do not take loan to invest in stocks. Use proposed EMI to invest via SIP Yes, with a greater than 800 CIBIL score
Do not write an obit for Indian Microfinance sector just yet – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/do-not-write-an-obit-for-indian-microfinance-sector-just-yet/articleshow/80917807.cmsSynopsis Microfinance industry has bounced back after every crisis. Similar resilience is expected from the sector post the COVID-19 crisis as well The global
bharat bill payment system: NPCI’s Bharat BillPay, en route to a billion transactions, is set to be the next payments disruption – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/npcis-bharat-billpay-en-route-to-a-billion-transactions-is-set-to-be-the-next-payments-disruption/primearticleshow/80912226.cms Synopsis–In August 2016, the National Payments Corporation of India’s UPI went live. In just over three years, it was clocking over 2 billion
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