Clipped from: https://www.thehindubusinessline.com/opinion/editorial/while-inflation-targeting-is-necessary-the-needs-of-growth-should-not-be-lost-sight-of/article33973485.ece While inflation targeting is necessary, the needs of growth should not be lost sight of There is little doubt that the experiment of
Category: RBI–Banks
How to make the DFI model work – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-the-dfi-model-work/article33973533.ece A professional company staffed with personnel with superior project finance and credit appraisal skills is the need of the hour In her recent
YES Bank gets shareholders’ nod to raise Rs 10,000 crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/yes-bank-gets-shareholders-nod-to-raise-rs-10000-crore/2205662/ YES Bank MD and CEO Prashant Kumar had earlier said the board’s approval to raise Rs 10,000 crore was an enabling provision for
Inflation targeting: Current target band should be extended for 5 more years, says Niti Aayog vice-chairman Rajiv Kumar – The Financial Express
Clipped from: https://www.financialexpress.com/economy/inflation-targeting-current-target-band-should-be-extended-for-5-more-years-says-kumar/2205689/ India’s economy regained quite a lot of lost steam in the December quarter, to register a flat growth of 0.4% after two consecutive
Flipkart, Mastercard, Nabard and PayU to hold 30% in Tata NUE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/flipkart-mastercard-nabard-and-payu-to-hold-30-in-tata-nue/articleshow/81321253.cmsSynopsis If it gets the RBI nod for a NUE licence, Tata’s new umbrella entity Ferbine may build a pan-India payment network similar to
Govt to hold at least 26% in DFI, offer guarantees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/govt-to-hold-at-least-26-in-dfi-offer-guarantees/articleshow/81321231.cmsSynopsis The government is likely to have full ownership of the DFI to start with but over time may offer up to 74% stake
Amazon | Google: Amazon, Google, Facebook vie for piece of India’s digital payments market
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/amazon-google-facebook-vie-for-piece-of-indias-digital-payments-market/articleshow/81312380.cmsSynopsis The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, people
Extreme weather like floods, droughts, cyclones puts $84 billion of Indian banks debt at risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/extreme-weather-like-floods-droughts-and-cyclones-puts-84-billion-of-indian-banks-debt-at-risk/articleshow/81304657.cmsSynopsis SBI, HDFC Bank, IndusInd Bank and Axis Bank are among the institutions that reported climate risks to nonprofit environmental disclosure platform CDP in
RBI raises concerns over money-laundering checks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-raises-concerns-over-money-laundering-checks/articleshow/81298716.cmsSynopsis The Reserve Bank of India has raised concerns around these mechanisms for at least 50 entities, and asked them to complete these tasks
bad bank: Nine banks, two non-bank lenders to infuse Rs 7,000 crore in bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nine-banks-two-non-bank-lenders-to-infuse-rs-7000-crore-in-bad-bank/articleshow/81264978.cms SynopsisEleven shareholders will hold just above 9% each initially, and this would mean that no single shareholder has more than 10% in promoting
Attracting ‘new money’ will be a challenge for the ARC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/attracting-new-money-will-be-a-challenge-for-the-arc/article33957326.ece Book building for the new ARC may be easy, but its success will depend on the ability to develop a vibrant distressed debt
Will the bad bank appeal to everybody’s palate? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/will-the-bad-bank-appeal-to-everybodys-palate/article33957323.ece For it to take wings, design issues must be sorted out – the final structure holds key for it to succeed in a
“The business was built on equity and public deposits” – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/the-business-was-built-on-equity-and-public-deposits/article33955753.ece Managing Director TT Srinivasaraghavan on what made Sundaram Finance a household name in Chennai It’s just after 3 pm when TT Srinivasaraghavan (TTS)
Have women reaped the benefit of financial inclusion schemes? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/deep-dive/have-women-reaped-the-benefit-of-financial-inclusion-schemes/article33956360.ece Participation is low in insurance and pension schemes but high in schemes giving loans When Sanjay lost his job in a private company
IDBI Bank to set-off accumulated losses after declaring Q4 FY21 results – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/idbi-bank-to-set-off-accumulated-losses-after-declaring-q4-fy21-results/article33954207.ece IDBI Bank is planning to set off accumulated losses of about Rs 44,500 crore against the balance standing to the credit of the
Throw bathwater, RBI, not the baby–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/throw-bathwater-rbi-not-the-baby/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Reserve Bank of India’s (RBI) reported rule
How the government can truly make India’s state-run banks efficient just like their private sector peers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-how-the-government-can-truly-make-indias-state-run-banks-efficient-just-like-their-private-sector-peers/articleshow/81261101.cmsSynopsis Since financial institutions are within the administrative control of the finance ministry, these will no doubt have early implementation. There have also been
Small-savings inflows are down to a trickle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/small-savings-inflows-are-down-to-a-trickle/article33950772.ece Collections seen inching up by 3% y-o-y in FY21 on falling rates, rising equities Growth in collections in post office small-savings schemes is
Small loans, big stakes: Why MSMEs are banking on fintech lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/small-loans-big-stakes-why-msmes-are-banking-on-fintech-lenders-121021601359_1.html Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour What’s helping new-age lenders outdo
Reliance partners Google, Facebook in seeking NUE licence from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/reliance-partners-google-facebook-in-seeking-nue-licence-from-rbi/articleshow/81237979.cmsSynopsis The new umbrella entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues’ So Hum Bharat, while Facebook and Google
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