By Milan Mody, Bhavin Kapadia and Nidhi Parekh Originality and authenticity are the key elements when people rely and trust documents which have been certified by an
Category: RBI–Banks
NPA recognition likely to get prolonged till FY20, may spike by Rs 5.24 trillion: RBI – The Economic Times
Non-performing asset recognition is likely to get prolonged till the next fiscal year and can put Rs 5.24 trillion debt in FY20 at risk increasing the
‘Uptick in credit demand from SMEs after note ban, GST’ – The Hindu BusinessLine
There has been a steady uptick in demand for credit from small and medium enterprises (SMEs) over the last 18 months following demonetisation and GST.
Syndicate Bank’s new platform to approve loans within 15 minutes – MONEY & BANKING – The Hindu BusinessLine
In a first for a public sector lender, Syndicate Bank plans to set up a platform for loan approval within 15 minutes. Top officials of
High real interest rate, low inflation add to RBI dilemma; will it cut monetary policy rate? Expert take – The Financial Express
The falling retail inflation on one hand and unchanged interest rate on the other, raise a potent question whether the real interest rate in India
MSMEs, beware of the poisoned chalice – The Economic Times
If that increased working capital is unavailable to you, you have to shrink your volume of business or be faced with a liquidity squeeze, both
59 minutes loan: Speed up 59-minute loan sanction, government tells PSU banks – The Economic Times
Banks have also been advised to be proactive and reach out to those who do not come back, said another official. Highlights Since its formal
Mudra NPAs no issue: Financial services secretary Rajiv Kumar – The Economic Times
Kumar said MSEs form the ‘missing middle’ which needs to be strengthened if India Inc needs to gain momentum. The government is not worried over
The big problem of micro and small enterprises | Business Standard Column
A few months ago, the NBFCs (non-banking finance companies) were the flavour the season. Now the MSMEs (micro, small and medium enterprises) are. Both, for
CII urges finance ministry to help infra with loans, settling cases | Business Standard News
The government should help the infrastructure sector with long-term credit and tax-free infrastructure bonds, the Confederation of Indian Industries (CII) has suggested to the finance
Lessons from RBI and CBI | editorials | Hindustan Times
Mr Alok Verma’s case is more complex. He and his deputy (the man who would have been the government’s first choice had he been eligible)
Big opportunity to fund small firms–Economic Times
The RBI has reportedly warned the government about the small loans given under the Pradhan Mantri Mudra Yojana to micro enterprises turning into a big
MUDRA loan: RBI cautions government over NPA spike in MUDRA loans – The Economic Times
The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under the government’s flagship scheme to support micro
RBI net-seller of dollars in Nov, unwinding USD 644 mn – The Hindu BusinessLine
The Reserve Bank remained a net seller of dollars in November 2018, as it sold USD 644 million of the greenback on a net basis
ank loan: How to write your business plan – The Economic Times
The crux of a lending decision hinges on the financial health of your business and your ability to service the loan. By Rishi Mehra A business
FE Best Banks Awards: Don’t allow litigation to kill IBC’s spirit, Narayanan Vaghul to bankers – The Financial Express
bankers and lenders”. A new precedent needs to be created for bank lending to the corporate sector, more so when development banking institutions have perished.
Govt plans insurance scheme up to Rs 10 lakh for GST-registered MSMEs | Business Standard News
Ahead of the general elections, the government is considering an insurance scheme for lakhs of GST-registered small and medium scale traders with a view to address certain
There is no space for an inadvertent confluence of fiscal, regulatory, monetary easing | Opinion News, The Indian Express
The economic narrative in India has rapidly evolved. As recently as October, the policy was focused squarely on preserving macroeconomic stability as external imbalances rose
Your debit, credit card payments will soon get a lot safer. Here’s how – The Economic Times
The RBI’s move to allow tokenisation of credit and debit card transactions, announced on Tuesday, could prove to be a game changer for the average Indian consumer. Indian consumers,
RBI accountable to government, says reserves panel chief Bimal Jalan
The Reserve Bank of India is accountable to the government and should make policies within the framework set by the government, according to a former central bank