Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari on Tuesday urged India’s small businesses to expand to rural and tribal areas to leverage the
Category: RBI–Banks
India’s deposit insurance cover lowest among BRIC, says FM Sitharaman | Business Standard News
India has the lowest deposit insurance cover among the BRICS nations (excluding South Africa), finance minister Nirmala Sitharaman said on the floor of the Loksabha on Monday. “The deposit
In talks with SBI to jointly run e-commerce portal for MSMEs: Nitin Gadkari – The Economic Times
The government is in talks with the country’s largest public sector lender State Bank of India (SBI) to jointly run an e-commerce portal for marketing of products
The road ahead: Government must fix the financial sector to reverse economic decline–Times of India
India’s gross domestic product in the July-September quarter grew 4.5%, the slowest pace of quarterly growth since the beginning of 2013. This was the sixth
View: Fiscal stimulus not enough, monetary easing needed to revive growth – The Economic Times
Money will come. And it will stay invested, provided growth picks up. But that will happen only if the government steps into the breach, reverses
GDP growth: Unless credit flows to industry revive quickly, it’s hard to see any pickup – The Financial Express
At a time when the economy is slowing, it is only to be expected that tax collections, too, will slow. At 6.1% year-on-year, the growth
Dip in GDP growth: Find ways to boost demand, and reassure the finance sector – editorials – Hindustan Times
India’s GDP grew by 4.5% in the three months ending September, the lowest since March 2013. It highlights the current economic crisis, created by factors
SBI: Corporate frauds see a massive surge: SBI – The Economic Times
The number of frauds at State Bank of IndiaNSE -2.13 % (SBI), the country’s biggest mass-lender, has nearly trebled in the first seven months of this fiscal
Not through bonds, only cash, says C Rangarajan on banks recapitalisation – The Economic Times
Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that
GST e-invoicing to help MSMEs secure loans faster – The Financial Express
The IRP will also send the signed e-invoice to the recipient of the document on the email provided in the e-invoice. The proposed e-invoicing system
Transparency needed: RBI & EC’s concerns about the opaqueness of electoral bonds should be addressed–Times of India
The government opened up a controversial route for political funding in 2017, with the introduction of electoral bonds. Their genesis is back in the news,
Govt may announce UPA-style bailout of stressed NBFCs in Budget 2020 | Business Standard News
The proposals have been discussed at the highest level in the finance ministry and are likely to find mention in the Union Budget due in
Central govt wants Reserve Bank of India to buy out NBFCs’ bad loans–Deccan Chronicle
The central government wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country’s top 25 shadow
Electoral bonds: FinMin knew serial number could reveal donor’s identity | Business Standard News
The finance ministry was initially reluctant to put up serial numbers on electoral bonds, saying they had the potential to reveal the identity of the donors, but
The Mudra problem | Business Standard Editorials
On Tuesday, Reserve Bank of India Deputy Governor M K Jain highlighted a dangerous trend: The rising levels of bad debt in the small-scale loans being handed out under the government’s
RBI: RBI red flags rising Mudra bad loans–Economic Times
Reserve Bank deputy governor MK Jain on Tuesday warned bankers about the growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore
Are Indian banks out of the woods? Yes, no and the answers in between | Business Standard News
The earnings season is over. As I write this piece, most banks have announced their September-quarter results. Many have surprised observers, surpassing analysts’ profit estimates.
Karvy crisis: Bankers raise concern with NSE and Sebi over exposure | Business Standard News
Banks and financial companies including ICICI Bank and HDFC Bank have met senior officials of the stock exchanges and raised concern over their exposure to Karvy’s companies, said two
Non-Performing Assets: Gross NPAs of SCBs decline by 98K cr by June: Govt – The Economic Times
The gross non-performing assets (NPAs) of scheduled commercial banks (SCBs) have declined by nearly Rs 98,000 crore to Rs 9.38 lakh crore by June-end this year, Minister
Nirmala Sitharaman: Assess core strengths before scaling up operations: Nirmala Sitharaman to banks – The Economic Times
Finance Minister Nirmala Sitharaman on Saturday said banks should assess their strength and weakness before planning to scale up of operations. “Institutions like banks should understand their core strengths
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