Category: RBI–Banks
*****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
👍👍👍👍👍All that glitters is not gold for Reserve Bank & FinMin | Expert Views – Business Standard
https://www.business-standard.com/finance/columns/all-that-glitters-is-not-gold-for-reserve-bank-finmin-124031700420_1.html Clipped from: https://www.business-standard.com/finance/columns/all-that-glitters-is-not-gold-for-reserve-bank-finmin-124031700420_1.html Rightly so. Since November 1962, there have been many attempts to monetise gold. It’s finally happening, but we must look for sustainable
👍👍👍👍👍👍👍SBI issues Guide to NRI Taxation and FEMA Matters
Clipped from: https://www.taxscan.in/sbi-issues-guide-to-nri-taxation-and-fema-matters-read-order/383604/ SBI has NRI customers through 434 dedicated specialised NRIbranches/NRI Intensive branches in India and foreign offices in 29 countries. By Navasree A.M – On March 15,
👍👍👍👍👍Addressing grievances | Editorial Comment – Business Standard
https://www.business-standard.com/opinion/editorial/addressing-grievances-124031401222_1.html Clipped from: https://www.business-standard.com/opinion/editorial/addressing-grievances-124031401222_1.html RBI should focus more on spreading financial awareness Illustration: Ajay Mohanty Listen to This Article Since its inception, the Integrated Ombudsman Scheme
RBI holds overnight VRRR auction to suck out banking system liquidity | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-conducts-overnight-vrrr-auction-as-banking-system-liquidity-improves-124031401027_1.html lipped from: https://www.business-standard.com/finance/news/rbi-conducts-overnight-vrrr-auction-as-banking-system-liquidity-improves-124031401027_1.html The surplus liquidity in the banking system stood at Rs 13,377 crore on Wednesday, against Rs 4,356 crore on Tuesday, according to
Clipped from: https://www.business-standard.com/finance/news/rbi-reconstitutes-committee-of-advisors-of-abhyudaya-cooperative-bank-124031401156_1.html
In November last year, RBI had superseded the Board of Directors of Abhyudaya Cooperative Bank for one year citing poor governance standards Photo: Bloomberg Listen
SBI on check – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sbi-on-check/article67939232.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sbi-on-check/article67939232.ece Embarrassment for the bank at the apex court The Supreme Court has done well to pin down a dithering State Bank of
👍👍👍👍👍UDGAM alone cannot resolve unclaimed bank balances – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/udgam-alone-cannot-resolve-unclaimed-bank-balances/article67946325.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/udgam-alone-cannot-resolve-unclaimed-bank-balances/article67946325.ece RBI must undertake a nationwide campaign to update nominees on bank accounts The problem of unclaimed balances lying with banks has refused