Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-chief-asks-banks-to-be-proactive-lenders-by-raising-capital/article33402957.ece Building buffers, raising capital crucial to building resilience: Shaktikanta Das He made the aforementioned observation in meetings with the Managing Director & Chief
Category: RBI–Banks
Large companies don’t need debt recast: KV Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/large-companies-dont-need-debt-recast-kv-kamath/articleshow/79913322.cmsSynopsis In an interview to TOI, he speaks on why a fresh pile of corporate bad loans is not expected to build up due
Higher delinquencies in credit card, loans against property segments in retail lending: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/higher-delinquencies-in-credit-card-loans-against-property-segments-in-retail-lending-report/articleshow/79917765.cmsSynopsis As of August-end, the loans overdue for over 90 days in the credit card segment were 0.51 per cent up from the year-ago
NBFC collection efficiencies at their highest this fiscal says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfc-collection-efficiencies-at-their-highest-this-fiscal-says-crisil/articleshow/79925957.cmsSynopsis The recovery in collection efficiencies is good news for the beleaguered NBFCs which were hit hard due to the stringent lockdown announced in
Loan apps pushing people into debt traps, suicides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/loan-apps-pushing-people-into-debt-traps-suicides/articleshow/79917537.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The tap-and-get-a-loan “solution” is pushing a large number of people into a trap far deeper than the financial condition they are in. (This
Loan Apps: RBI warns public against unauthorised digital lending platforms, apps | India Business News – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/rbi-warns-public-against-unauthorised-digital-lending-platforms-apps/articleshow/79926986.cms NEW DELHI: The Reserve Bank of India (RBI) on Wednesday cautioned the general public against unauthorised lending platforms and mobile apps.In an official release, RBI
Delaying the inevitable: The Hindu Editorial on suspension of insolvency proceedings – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/delaying-the-inevitable-the-hindu-editorial-on-suspension-of-insolvency-proceedings/article33397154.ece Restructuring of bad loans will get tardier as the bankruptcy code is kept in abeyance The government has kicked the can down the
We are in an era of ‘financial repression’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/we-are-in-an-era-of-financial-repression/article33396001.ece ’Repression’ economics Central banks will be under pressure to keep interest rates low – /iStockphoto ’Repression’ economics Central banks will be under pressure
Scaling back: How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Three-fourths of the banking sector is on a ventilator. More private banks can help it breathe easy. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/three-fourths-of-the-banking-sector-is-on-a-ventilator-more-private-banks-can-help-it-breathe-easy-/primearticleshow/79883963.cms SynopsisThe balance sheets of several public-sector banks are in distress, the government can ill afford bailouts, and a large section of the population
Invoicemart discounts Rs 10,000-cr MSME invoices – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/invoicemart-discounts-rs-10000-cr-msme-invoices/2154482/ A majority of industries and businesses are now inching towards pre-COVID-19 levels, MSMEs have also started charting their path for recovery, Invoicemart said
The right way to sell a troubled bank–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/the-right-way-to-sell-a-troubled-bank/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The RBI did well to invite expressions of
Need for relook at differential rates structure to help MSME: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/need-for-relook-at-differential-rates-structure-to-help-msme-experts/articleshow/79828395.cmsSynopsis Under the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those not having
Insolvency and bankruptcy code (IBC) suspension extended till March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-ibc-suspension-extended-till-march-31/articleshow/79843895.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures
Rising inflation is of concern: HDFC Chief Economist – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rising-inflation-is-of-concern-hdfc-chief-economist/article33367669.ece Abheek Barua, Chief Economist, HDFC Bank Abheek Barua, Chief Economist, HDFC Bank1/2 ‘On way to marked short term bounce in economy’ Inflation has
Industrial conglomerates owning banks is a bad idea – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/industrial-conglomerates-owning-banks-is-a-bad-idea/2152868/ This will worsen credit allocation and growth by deepening the problem of connected lending which will crowd out young and more efficient entrepreneurs
Too much fall in short term rates poses threat to financial stability: RBI minutes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-likely-to-maintain-its-accommodative-stance-sees-limited-rate-cut-window/articleshow/79799542.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The MPC left key interest rates unchanged this month amid persistently high inflation but said it would ensure ample liquidity to stressed sectors
PMC Bank gets four investment proposals, says RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pmc-bank-gets-four-investment-proposals-says-rbi/articleshow/79801386.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last month, PMC had invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction.
Banking sector’s renaissance after the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/renaissance-after-the-pandemic/articleshow/79802115.cms Synopsis–Policymakers in India have acted swiftly and decisively on both fiscal and monetary fronts to cushion the impact. The slew of measures introduced
Government exploring setting up bad bank, all other options: DEA Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-exploring-setting-up-bad-bank-all-other-options-dea-secretary/articleshow/79801605.cmsSynopsis Bajaj was responding to a query on whether the government would consider setting up of a bad bank as a one-time measure for
aniltikotekar4sme.com 