In the very first Monetary Policy Committee meeting under him, RBI Governor Shaktikanta Das has delivered for the Narendra Modi government what his predecessor Urjit
Category: RBI–Banks
Rate cut: RBI price fall claim contradicts survey | Deccan Herald
Taking the street by surprise, the Reserve Bank of India on Thursday cut the key interest rate after inflation cooled and also gave a sanguine
Cheaper EMIs, if banks permit–Deccan Chronicle
Interest rates on both deposits and loans may be on a slide over the next few months for the hoi polloi. If banks begin to
EDITORIAL | Jobs: Modi’s Mudra mess | Deccan Herald
Mudra loan Faced with a crisis of jobs, Prime Minister Narendra Modi and his government continue to talk up Mudra loans and claim that it
India’s shadow banks dread builder bankruptcies – The Economic Times
By Andy Mukherjee Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans
Bank Services: Lenders bank on bots to improve customer service–Economic Times
Banks are finding ways of harnessing technology to transform customer service by automating customer queries, minimising human intervention and extending services to accomplish financial tasks over chat
MSME: CII’s conference on MSME financing for SC/ST entrepreneurs to address funding options – The Economic Times
To actualise this, the Government of India, through the Ministry of MSME, has introduced many specially formulated, SC/ST-targeted schemes. MSMEs are the backbone of Indian
Banks cannot be absolved of liability for unauthorised withdrawals: Kerala HC – The Economic Times
SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the
Banks need Rs 20 lakh crore deposits for credit growth, may up rates: Report – The Economic Times
The additional deposit requirements will also “put upward pressure on the interest rates bank offer on deposits The jump in credit growth will require banks
SBI Cardholders Alert! State Bank warns customers of skimming frauds; Here’s how to deal with them – The Financial Express
In a mail to its customers, SBI has warned the cardholders of skimming fraud, which is an act of illegally coping data from the magnetic
‘मुद्रा’तील बनावट ‘कोटेशन’ची आता जीएसटी आयुक्तांकडून चौकशी | Loksatta
सुहास सरदेशमुख एकीकडे ‘मुद्रा’ योजनेतून ७१४ कोटी ८४ लाख रुपयांचे कर्ज वितरण करत या वर्षीचे जिल्ह्य़ाचे उद्दिष्ट पूर्ण केल्याचा दावा प्रशासनाकडून केला जात असताना या
bad loans: Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs: Report – The Economic Times
Around Rs 3.5 lakh crore or 3.9 percent of the stressed corporate loans continue to remain unrecognised on the books of banks and nearly 40 percent of
How to safeguard your data, money while travelling: Create a throwaway email id, avoid public WiFi – The Economic Times
By Jane L. Levere Travel companies were hit by one data breach after another last year — firms including Marriott, British Airways, Delta Air Lines and travel booking
Banks may have to shell out another up to $5.6 billion for bad debt – India Ratings – The Financial Express
The Indian banking sector has been under massive stress in the last few years as lenders have struggled with about 0 billion of bad loans
Small Business: Money matters: How to arrange funds for your small business–Economic Times
y Rishi Mehra Money is the most critical element in starting and running a business and an entrepreneur has to find ways to get funding for his small
Late reaction – The Hindu BusinessLine
Just when the financial markets were settling down to business-as-usual after the IL&FS crisis, Cobrapost’s sensational ‘expose’ on Dewan Housing Finance Corporation Ltd (DHFL) has
Mudra Yojana | Budget 2019: 15.56 lakh loans worth Rs 7.23 lakh cr sanctioned under Mudra scheme: Piyush Goyal
Finance Minister Piyush Goyal Friday said the government has sanctioned 15.56 lakh loans amounting Rs 7.23 lakh crore under the Mudra scheme of which an overwhelming majority
A rocky ride for banks over the past five years – The Hindu BusinessLine
Deteriorating bank balance-sheets, steep rise in bad loans and no meaningful recovery in capex have left the sector reeling Even before the BJP-led government came
Kochhar case:Tip of iceberg–Deccan Chronicle
It’s been a precipitous fall for Chanda Kochhar, from a top banker to one charged with key misdemeanours in outright fraudulent disbursal of huge loans
| ‘नायकी’ कानडा | Loksatta
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