Clipped from: https://www.business-standard.com/article/opinion/ownership-and-governance-of-private-sector-banks-120121300871_1.html Basic principles and international practice suggest that opening the door to the ownership of banks in India by large corporate/industrial houses should be
Category: RBI–Banks
Is Yes Bank out of the woods? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/is-yes-bank-out-of-the-woods-120121300882_1.html The bad loans can grow as much as by 15 per cent from the current level because of the pandemic, but there seems
SBI will prefer co-origination models of lending to MSMEs: Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/sbi-will-prefer-co-origination-models-of-lending-to-msmes-chairman/articleshow/79695109.cmsSynopsis SBI chairman Dinesh Kumar Khara said the country’s largest lender will be happy to deal with the intermediary players in the financing business
Rs 1.58 lakh cr given to 4.05 m borrowers under ECLGS: Finance Ministry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-reviews-progress-of-various-schemes-under-3-packages-banks-sanction-rs-2-05-lakh-cr-to-msmes/articleshow/79714498.cmsSynopsis This information was provided during a comprehensive review of implementation of the Aatmanirbhar Bharat Abhiyan by finance minister Nirmala Sitharaman with secretaries of
Demand for gold loans slows down after recording a good growth in the second quarter: CSB Bank chief – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/demand-for-gold-loans-slows-down-after-recording-a-good-growth-in-the-second-quarter-csb-bank-chief/2148227/ The Thrissur based lender said its gold loan portfolio grew by Rs 1,100 crore in the second quarter, an increase of 30% quarter-on-quarter
DBS Bank India partners with Haqdarshak to aid MSME recovery – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/dbs-bank-india-partners-with-haqdarshak-to-aid-msme-recovery/articleshow/79675994.cmsSynopsis Haqdarshak will provide application support services to business owners for availing the right schemes that the government has announced. MUMBAI: DBS Bank India has joined
MSME: Banks sanction Rs 2.05 lakh cr to 81 lakh MSMEs under credit guarantee scheme – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-sanction-rs-2-05-lakh-cr-to-81-lakh-msmes-under-credit-guarantee-scheme/articleshow/79679237.cmsSynopsis The loans provided under ECLGS 2.0 will have a five-year tenor, with a 12-month moratorium on repayment of principal. NEW DELHI: The Finance Ministry on
bitcoin: Indian banks rush to join bitcoin party – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/indian-banks-rush-to-join-bitcoin-party/articleshow/79672306.cms SynopsisIn 2018, the Indian government and the Reserve Bank of India had issued several warnings against dealing in cryptocurrencies, including Bitcoins. The government
Restricting foreign capital in banking sector a mistake: Abhijit Banerjee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/foreign-capital-can-bail-out-banking-sector-abhijit-banerjee/article33297433.ece ‘No dearth of ‘bad jobs’; we need skill upgradation for better jobs’ Nobel laureate Abhijit Banerjee has said that restricting capital infusion in
All you wanted to know about Repo Linked Home Loan Rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article33272193.ece For home buyers looking for loans, the recent move by the RBI keeping the repo rate unchanged (at 4 per cent) would have
Preserve financial stability | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/preserve-financial-stability-120121001474_1.html Higher inflation tolerance will increase risks Lower interest rates and higher liquidity have resulted in record issuance of corporate bonds, with Indian companies raising over Rs 8 trillion from
Banking Crisis Spree: Here is how to safeguard your hard earned money – The Financial Express
Clipped from: https://www.financialexpress.com/money/banking-crisis-spree-here-is-how-to-safeguard-your-hard-earned-money/2147258/ Laden with high levels of non-performing assets (NPAs) or bad loans in their books, most banks have made the Indian banking sector a
Gradual phase-out of moratorium mitigates asset quality cliff for Indian banks: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/gradual-phase-out-of-moratorium-mitigates-asset-quality-cliff-for-indian-banks-moodys/articleshow/79660186.cmsSynopsis “The gradual tapering of support measures will give borrowers time to adjust and enable banks to build loan-loss buffers, in turn reducing the
citibank case: Citigroup trial reveals chain of gaffes that led to the $900 million blunder – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/citigroup-trial-reveals-chain-of-gaffes-that-led-to-the-900-million-blunder/articleshow/79654896.cmsSynopsis At the heart of the breakdown was a system known inside the bank as the “six eyes” approval process. Under the six-eyes protocol,
The many merits of open banking – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-many-merits-of-open-banking/article33292010.ece Through bank-fintech engagement, it helps improve customer experience Open banking hopes to solve these constraints by implementing an architecture where organisations share data
Exim Bank, SIDBI to set up investment fund to provide loan support to SMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/exim-bank-sidbi-to-set-up-investment-fund-to-provide-loan-support-to-smes/article33289432.ece?homepage=true David Rasquinha, Managing Director, Exim Bank of India David Rasquinha, Managing Director, Exim Bank of India× Export-Import Bank of India (Exim Bank) and
Not viable to extend date of moratorium: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/not-viable-to-extend-date-of-moratorium-rbi/article33290088.ece?homepage=true The ministry had asked banks to monitor loans above Rs 250 crore and red flags whenever the original covenants of the loans are
Not viable to extend date of moratorium: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/not-viable-to-extend-date-of-moratorium-rbi/article33290088.ece?homepage=true The ministry had asked banks to monitor loans above Rs 250 crore and red flags whenever the original covenants of the loans are
Banking reforms need strong regulation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banking-reforms-need-strong-regulation/article33292097.ece?homepage=true Banks’ fintech challenge – /iStockphoto Banks’ fintech challenge – /iStockphoto× In this age of fintech and blockchain, corporates entering banking space is inevitable.
Replicate the RuPay model – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/replicate-the-rupay-model/article33291887.ece?homepage=true Don’t let mobile wallet apps corner payments business RuPay, conceived and launched by National Payments Corporation of India (NPCI) eight years ago, has
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