Sunil Kanoria From liquidity crisis in the NBFC sector to slowdown in the economy, in the last one year Srei Infrastructure weathered many crisis situations. Sunil Kanoria, vice-chairman
Category: RBI–Banks
NPAs: Ways to deal with them | Deccan Herald
The non-performing assets (NPA) of the banks are mainly attributable to bad loans of banks. Most of these are white-collar crimes committed by the rich and
Slowdown halves PSU banks’ credit growth in six months; NPA alert for commercial banks – The Financial Express
Even after many PSU banks have been merged to make their operation smoother and economic, the NPA pressure still mounts on their balance sheet and
Uday Kotak feels bankers need humility to make it big – The Economic Times
Uday Kotak said that not only does he personally believe in these three values, he stresses on them even for the running of his company.
Unsecured consumer loans grow most, credit card dues at Rs 1L crore – The Economic Times
MUMBAI: Credit card balances and personal loans have recorded the highest growth rates as lenders expand the market, providing finance to those who had not
Bad loan: In rare move, India’s top bad-debt buyer eyes consumer loans–Economic Times
By Anurag Joshi and Saloni Shukla India’s massive pile of bad business debt has kept asset-reconstruction companies busy in recent years. But as signs emerge
MSME sector: Current NPA norms are absurd, highly counterproductive: Animesh Saxena, FISME President – The Economic Times
Exporters find it very difficult to enter into forward contracts due to prevailing uncertainty over the fate of MEIS scheme. Employing 40% of country’s workforce,
Cards not used for online payments to be disabled of service, says RBI | Deccan Herald
The Reserve Bank of India (RBI) has asked banks and card issuers across the country to disable online payment services of all those credit and
RBI allows card holders to enable, disable cards for online use, modify transaction limits – The Economic Times
To improve user convenience, the security on card transactions will soon get enhanced. To increase security of card (credit and debit) transactions the Reserve Bank
Flipkart: Amazon, Flipkart creating jobs only for delivery boys: FISME – The Economic Times
NEW DELHI: Claiming that e-commerce giants like Amazon import as much as 80 per cent of the items sold on their platforms, small manufacturers’ body
Yes Bank: Making efforts to financially strengthen bank further: Yes Bank – The Economic Times
New Delhi: Allaying concerns over reports of its weakening financial health, Yes BankNSE 3.11 % on Wednesday said the lender’s capital adequacy is at a
Credit Card against Fixed Deposit: Features, benefits, interest rates; All you need to know – The Financial Express
A credit card against a fixed deposit is like borrowing your own money. The fixed deposit with the bank which is linked with the card
WIll SBI’s loan revive trust? | Business Standard Column
In SBI’s scheme, the buyer pays only the down payment. The developer pays the interest during the construction period Last Updated at January 15, 2020
Managing Reforms–Economic Times
By Dhuvvuri Subbarao In 1990, globalization was seen as a benign phenomenon, improving welfare in rich countries and in poor countries. Today, there’s a backlash
Microfinance industry needs this much money to maintain growth, and be cautious of this pitfall – The Financial Express
The microfinance industry in India, which has helped bring financial inclusion to millions of rural families and women, will need an additional capital of up
Banking crisis is not over yet, but recapitalisation hiding the truth – The Financial Express
By Gurbachan Singh Reserve Bank of India (RBI) report released on December 24, 2019, showed that gross non-performing assets (NPAs) for the banking sector have come
New body may settle claims if a bank fails – india news – Hindustan Times
A draft Cabinet note has proposed the creation of an empowered Resolution Authority (RA) for timely and orderly resolution of financial troubles at banks and
Budget 2020: Enhanced credit flow to NBFCs must be on Nirmala Sitharaman’s radar to boost MSME lending – The Financial Express
By Piyush Khaitan Union Budget 2020 India | Credit and Finance for MSMEs: The Indian economy is at an inflexion point. The past year brought
Centre may seek dividend from RBI to bridge fiscal gap | Deccan Herald
India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as it struggles to meet its
It’s one step forward, one back for troubled shadow banks – business news – Hindustan Times
India’s shadow banks, which lend to everyone from teashop merchants to property tycoons, get a mixed bill of health in Bloomberg’s latest check. The sector
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