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,
Category: RBI–Banks
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
Despite overall fall in commercial bad assets, MSME bad loans on the rise | Business News,The Indian Express
The Reserve Bank of India’s Financial Stability Report had last week indicated the worst may not be over for banks on the bad loan front,
Debt: A record Rs 5.9 lakh crore bond bill is looming over Indian firms – The Economic Times
By Divya Patil It’s the last thing India’s stricken credit markets need: a record debt bill. Companies must repay an unprecedented 5.9 trillion rupees ($83
Infra funding 2.0: Long-term infrastructure bond market for the private sector is a must – The Financial Express
The first step is to mobilise funds via divestment of profit-making state-run companies. The second is to revive private participation to fill the financing gap.
Don’t depend on MPC alone | Business Standard Editorials
he first advance estimates of gross domestic product for the current year, released by the government on Tuesday, showed that growth in the Indian economy
Bankers unlikely to lose fear of the three Cs – The Hindu BusinessLine
Despite the FM’s assurance to bankers, vigilance officials’ mindset to smell a rat in every loan gone sour isn’t likely to change Finance Minister Nirmala
Turnaround in public sector banks | Deccan Herald
The RBI’s “Report on Trend and Progress of Banking in India” of December 24, 2019, reveals interesting positive trends in performance of Scheduled Commercial Banks (SCBs), especially
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