Clipped from: https://www.business-standard.com/article/opinion/for-india-number-of-banks-and-not-their-ownership-is-the-main-point-120113000133_1.html While deciding on policy regarding ownership of banks, it would be good to remember that banking is a commercial activity and therefore can’t
Category: RBI–Banks
credit cards: Consumers going back to credit cards as inquiries exceed October ’19 levels: Transunion Cibil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/consumers-going-back-to-credit-cards-as-inquiries-exceed-october-19-levels-transunion-cibil/articleshow/79489026.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Social distancing rules have forced consumers to rethink how they spend, with digital payments becoming an increasingly attractive. This shift in mindset is
Bankers to make last-ditch attempt to get more cash from Lavasa’s bidders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/bankers-to-make-last-ditch-attempt-to-get-more-cash-from-lavasas-bidders/articleshow/79491232.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Three bids were received for the stuck project until the deadline of November 20 including one from a Pune-based realty developer Anirudh Deshpande
RBI may keep policy rates unchanged – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-may-keep-policy-rates-unchanged/articleshow/79482596.cmsSynopsis Bankers will watch out for any guidance on how the RBI plans to manage the record excess liquidity in the financial system, which
Reliance Capital defaults on interest payments on HDFC and Axis term loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/reliance-capital-defaults-on-interest-payments-on-hdfc-and-axis-term-loans/articleshow/79495845.cmsSynopsis The company informed the exchanges that it failed to pay interest of Rs 4.77 crore to HDFC and Rs 0.71 crore to Axis
| हे नक्की कोणासाठी? | लोकसत्ता
Clipped from: https://www.loksatta.com/agralekh-news/editorial-on-rbi-has-recommended-large-corporates-may-be-permitted-to-promote-banks-abn-97-2335774/ निष्पक्ष नियमनाचे अधिकार असणारी रिझव्र्ह बँक आताही, सरकारी मालकीच्या बँकांविषयी बोटचेपी ठरते. (संग्रहित छायाचित्र) रिझव्र्ह बँकेच्या तज्ज्ञ समितीने अलीकडेच, बडय़ा खासगी उद्योगांना आणि
Don’t let banks offer cashback on e-commerce platforms: CAIT tells FM–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/do-not-let-banks-offer-cashback-on-e-commerce-platforms-cait-tells-fm/story/423444.html CAIT complained against alleged collusion of banks with big e-commerce firms, such as Flipkart, Amazon, Snapdeal, in granting cashback and incentives. It said
पतजोखीम क्रेडिट रिस्क | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant-news/what-is-credit-risk-mppg-94-2341483/ आपल्या व्यवसायासाठी उद्योगधंद्यात विविध मार्गाने पैसे उभे केले जातात. || कौस्तुभ जोशी आपल्या व्यवसायासाठी उद्योगधंद्यात विविध मार्गाने पैसे उभे केले जातात. पैसे उभे
RBI, drop this risky move | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/rbi-drop-this-risky-move-921466.html The risks associated with allowing corporate ownership of banks are many Reserve Bank of India logo. Credit: Reuters Photo The proposal of an
As RBI continues to buy dollars, rupee falls even as most Asian currencies rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/as-rbi-continues-to-buy-dollars-rupee-falls-even-as-most-asian-currencies-rise/article33207040.ece Loses 3.59% against dollar despite surge in FPI/FDI flows The weakness in the dollar following the large stimulus rolled out by the US
Corporate ownership of private banks: Has the train left the station? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/has-the-train-left-the-station-120113000012_1.html If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not
Government opposes further loan moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/government-opposes-further-loan-moratorium/articleshow/79457246.cmsSynopsis The government, through Solicitor General Tushar Mehta, told a bench led by Justice Ashok Bhushan that it had already extended the loan moratorium
Yes, What the Doctor Ordered, Gov Das–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/yes-what-the-doctor-ordered-gov-das/ RBI governor Shaktikanta Das spoke last week on the need for accelerating financial market reforms. It is imperative to do so, to bring
Dangerous suggestion: The Hindu Editorial On RBI suggestion to allow corporate houses to set up banks – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/dangerous-suggestion-the-hindu-editorial-on-rbi-suggestion-to-allow-corporate-houses-to-set-up-banks/article33172183.ece Industrial houses should not have access to household savings through their own banks Most often, reports prepared by the RBI’s internal working groups
‘MPC likely to keep rates steady’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-likely-to-keep-rates-steady/article33205554.ece?homepage=true Inflation and growth forecasts may be revised higher, says Barclays Securities The rate-setting Monetary Policy Committee (MPC) is likely to stand pat on
Don’t let bad boy billionaires become bankers
Clipped from: https://timesofindia.indiatimes.com/blogs/Swaminomics/dont-let-bad-boy-billionaires-become-bankers/ Netflix’s documentary ‘Bad Boy Billionaires’ related the lives and scandals of Vijay Mallya, Nirav Modi and Subrata Roy. All three businessmen had political
Officers’ organisations demand judicial probe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/officers-organisations-demand-judicial-probe/article33187294.ece DBIL is the Indian subsidiary of the Singapore-based DBS. The organisations,in a joint statement, said: “It is a matter of concern how a
IBA asks Supreme Court to withdraw its NPA order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/lending-institutions-have-returned-rs-4300-crore-in-compound-interest-sc-on-rbi-loan-moratorium-case/article33193378.ece The court adjourned the case to December 2 The Supreme Court on Friday disposed of a petition filed by Gajendra Sharma in the
RBI writes down LVB Tier 2 bonds: What are these bonds and why have investors been caught unawares? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-writes-down-lvb-tier-2-bonds-what-are-these-bonds-and-why-have-investors-been-caught-unawares/article33193293.ece Indian banks that made a mad dash to raise capital through Basel III compliant bonds in recent years, could face challenges in tapping
Bank credit to industry recorded negative growth in October: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-credit-to-industry-recorded-negative-growth-in-october-rbi/article33194339.ece Credit to industry contracted by 1.7 per cent as compared with 3.4 per cent growth in October 2019, according to Reserve Bank of
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