Category: RBI–Banks
👍👍👍We are consciously building forex reserves: RBI governor – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-we-are-consciously-building-forex-reserves-rbi-governor-3447950 Clipped from: https://www.financialexpress.com/policy/economy-we-are-consciously-building-forex-reserves-rbi-governor-3447950/ India’s foreign exchange reserves rose $2.9 billion to reach an all-time high of $645.6 billion as of March 29. Earlier, forex reserves
👍👍👍👍👍Who’s afraid of credit cards? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/whos-afraid-of-credit-cards/3446903 Clipped from: https://www.financialexpress.com/opinion/whos-afraid-of-credit-cards/3446903/ The RBI is understandably concerned about sharp run-up in credit card dues In the April-February 2023-24 period banks’ personal loan portfolio has
GNPA ratio of scheduled commercial banks projected to improve to 2.1-2.4 pc by FY25 end: CareEdge – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/gnpa-ratio-of-scheduled-commercial-banks-projected-to-improve-to-21-24-pc-by-fy25-end-careedge/article68005929.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/gnpa-ratio-of-scheduled-commercial-banks-projected-to-improve-to-21-24-pc-by-fy25-end-careedge/article68005929.ece Banks witnessed a surge in GNPAs from 3.8 per cent in FY14 to 11.2 per cent in FY18 At these levels, GNPA
*****Pages from the diary of a woman PSU banker | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/pages-from-the-diary-of-a-woman-psu-banker-124031000410_1.html Clipped from: https://www.business-standard.com/opinion/columns/pages-from-the-diary-of-a-woman-psu-banker-124031000410_1.html Last Friday, the banker offered me the pages from her 2023 diary, taking time out from Women’s Day celebrations with her friends
*****RBI to consider relaxing FEMA guidelines for e-commerce players based on DGFT inputs – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/rbi-to-consider-relaxing-fema-guidelines-for-e-commerce-players-based-on-dgft-inputs/article67998569.ece Clipped from: https://www.thehindubusinessline.com/economy/rbi-to-consider-relaxing-fema-guidelines-for-e-commerce-players-based-on-dgft-inputs/article67998569.ece Central bank Has assured Commerce Department that it would get back on the matter soon The Reserve Bank of India (RBI) has assured the
Banks’ overall profit in Q4FY24 could be buoyed by treasury gains – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-overall-profit-in-q4fy24-could-be-buoyed-by-treasury-gains/article68003078.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-overall-profit-in-q4fy24-could-be-buoyed-by-treasury-gains/article68003078.ece Yield of the benchmark 10-year G-Sec softened to end about 12 basis points lower in Q4 FY24 has ended on a positive
Banks’ NIM to compress 10-20 bps over next two years: Fitch Ratings – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-nim-to-compress-10-20-bps-over-next-two-years-fitch-ratings/article67995138.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-nim-to-compress-10-20-bps-over-next-two-years-fitch-ratings/article67995138.ece Banks face NIM compression due to rising funding costs, but profitability expected to improve with cost control measure Net interest margins (NIMs)
👍👍👍👍👍How OCEN can bring a sea change in India’s MSME lending ecosystem – SME News | The Financial Express
How OCEN can bring a sea change in India’s MSME lending ecosystem – SME News | The Financial Express https://www.financialexpress.com/business/sme/explained-how-ocen-can-bring-a-sea-change-in-indias-msme-lending-ecosystem/3435461 Clipped from: https://www.financialexpress.com/business/sme/explained-how-ocen-can-bring-a-sea-change-in-indias-msme-lending-ecosystem/3435461/ OCEN brings together
👍👍👍👍👍The RBI way of firefighting | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/the-rbi-way-of-firefighting-124032400409_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-rbi-way-of-firefighting-124032400409_1.html Often, it’s a long investigation process, but the regulator doesn’t discuss this openly since that can threaten financial sector stability. There are
Growing fast, fintech needs a way to keep watch on itself | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/growing-fast-fintech-needs-a-way-to-keep-watch-on-itself-124032400548_1.html Clipped from: https://www.business-standard.com/opinion/columns/growing-fast-fintech-needs-a-way-to-keep-watch-on-itself-124032400548_1.html Global banking generated $6.5 trn as revenue in 2022: Fintech had 5% of the same. But by 2028, fintech revenues are expected
👍👍👍👍👍Banks to insurers: Using the ombudsman system to get complaints resolved | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/banks-to-brokers-using-the-ombudsman-system-to-get-complaints-resolved-124032101117_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/banks-to-brokers-using-the-ombudsman-system-to-get-complaints-resolved-124032101117_1.html A guide to how banks, insurers, brokers and tax officials are supposed to listen to you Photo: Bloomberg Consumer complaints to the
Is CASA all that bankable anymore? – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/is-casa-all-that-bankable-anymore/article67987495.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/is-casa-all-that-bankable-anymore/article67987495.ece As customers look beyond deposits to park savings in lucrative alternatives, banks are forced to rethink strategies A senior executive who recently
Repair, don’t junk payments banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/repair-dont-junk-payments-banks/article67987311.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/repair-dont-junk-payments-banks/article67987311.ece Why a new thought process is needed to infuse fresh life into payments banks Payments banks have, unfortunately, received little support from
👍👍👍👍👍The fuss over US interest rates – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-fuss-over-us-interest-rates/article67965621.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-fuss-over-us-interest-rates/article67965621.ece High interest rates in the West have not impacted growth or equity markets, but banks have been hit hard Recent discussions on
👍👍👍Fintechs lead small-ticket loans’ volume with 77% market share: Study | News – Business Standard
https://www.business-standard.com/industry/news/fintechs-lead-small-ticket-loans-volume-with-77-market-share-study-124031700502_1.html Clipped from: https://www.business-standard.com/industry/news/fintechs-lead-small-ticket-loans-volume-with-77-market-share-study-124031700502_1.html On the value front, fintechs cornered 29 per cent of small ticket loans disbursed in FY18, which rose to 51 per cent