https://www.thehindubusinessline.com/money-and-banking/share-of-term-deposits-in-banks-total-deposits-up-at-603-in-dec-2023-rbi/article67907466.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/share-of-term-deposits-in-banks-total-deposits-up-at-603-in-dec-2023-rbi/article67907466.ece This share was at 57.2% in March 2023, rising return on term deposits is driving the compositional shift in deposits The share
Category: RBI–Banks
👍Fintech, age and central banking | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/a-duel-of-sexagenarians-and-quadragenarians-124030300343_1.html Clipped from: https://www.business-standard.com/opinion/columns/a-duel-of-sexagenarians-and-quadragenarians-124030300343_1.html Innovations in the fintech sector will continue, but will the innovators in their 40s have the freedom to ignore the regulations set
RBI conducts two VRRR auctions as money market rates fall below repo rate | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-conducts-two-vrrr-auctions-as-money-market-rates-fall-below-repo-rate-124022800995_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-conducts-two-vrrr-auctions-as-money-market-rates-fall-below-repo-rate-124022800995_1.html The RBI received Rs 20,860 crore bids against the notified amount of Rs 50,000 crore at the first auction Photo: Bloomberg Listen
Opt for loan apps that have partnered reputable regulated entities | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/opt-for-loan-apps-that-have-partnered-with-reputable-regulated-entities-124022700990_1.html lipped from: https://www.business-standard.com/finance/personal-finance/opt-for-loan-apps-that-have-partnered-with-reputable-regulated-entities-124022700990_1.html The app must be featured on that entity’s website and in RBI’s whitelist Review the permissions the app asks for. Jalan suggests
Public Sector Banks’ mergers driven by clear political agendas: AIUBEA’s General Secretary N Shankar – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/public-sector-banks-mergers-driven-by-clear-political-agendas-aiubeas-general-secretary-n-shankar/article67884444.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/public-sector-banks-mergers-driven-by-clear-political-agendas-aiubeas-general-secretary-n-shankar/article67884444.ece While labour unions are actively protesting against further mergers, central government appears inclined to pursue its policies of merger, says All India
ARCs want banks to sell loan accounts showing signs of incipient stress – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/arcs-want-banks-to-sell-loan-accounts-showing-signs-of-incipient-stress/article67884742.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/arcs-want-banks-to-sell-loan-accounts-showing-signs-of-incipient-stress/article67884742.ece This will help maximise recoveries for lenders, say experts Asset reconstruction companies (ARCs) want banks to sell bad loans at an incipient
👌Express View on inflation in India: A good report card | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/express-view-on-inflation-in-india-a-good-report-card-9177784/ A recent RBI study points to welcome trend: Combination of steady growth momentum and moderate inflation continues Other indicators of private consumption such
👌👌👌ARCs’ bad loan portfolio to touch Rs 1.6 trillion by FY25, says CRISIL | Company News – Business Standard
https://www.business-standard.com/companies/news/arcs-bad-loan-portfolio-to-touch-rs-1-6-trn-by-march-2025-crisil-124022301041_1.html Clipped from: https://www.business-standard.com/companies/news/arcs-bad-loan-portfolio-to-touch-rs-1-6-trn-by-march-2025-crisil-124022301041_1.html The report said the growth in the future would largely be driven by higher acquisitions, though capped by quicker resolutions expected in
👌Credit sanction to entities–particularly the MSMEs will become easy–
With appropriate consent from the supplier / recipient, GSTN is empowered to disclose specific details submitted in the GST registration application, along with data from
👌👌👌Mr. Jayanth Varma–The lone MPC member who advocated reduction in Repo rate
He strongly feels that the real interest of 2% is very high and that it is impeding growth. He further feels that even the continuance
👌RBI to conduct 13-day VRR auction to infuse Rs 1 trillion on Friday | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-to-conduct-13-day-vrr-auction-to-infuse-rs-1-trillion-on-friday-124022201052_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-to-conduct-13-day-vrr-auction-to-infuse-rs-1-trillion-on-friday-124022201052_1.html Despite the slew of VRR auctions being conducted by the RBI since February 8, the persistent liquidity deficit in the banking system
👌👌👌MPC member warns against high real interest rate, calls for cautious approach to inflation and growth – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/mpc-member-warns-against-high-real-interest-rate-calls-for-cautious-approach-to-inflation-and-growth/article67875416.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-member-warns-against-high-real-interest-rate-calls-for-cautious-approach-to-inflation-and-growth/article67875416.ece I don’t believe that such a high real rate is required at this stage to drive inflation down to the target of
👌👌👌Measures to ensure that the call money rate largely stays at the repo rate required: MPC member Goyal – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/measures-to-ensure-that-the-call-money-rate-largely-stays-at-the-repo-rate-required-mpc-member-goyal/article67875554.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/measures-to-ensure-that-the-call-money-rate-largely-stays-at-the-repo-rate-required-mpc-member-goyal/article67875554.ece Moving to the just-in-time mode would save interest costs. Money market timings can be extended and market microstructure developed to enable banks
Rs 1.8 cr passed through mule accounts: How you are being duped by this scam | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/49-increases-in-fraud-cases-how-money-mule-bank-accounts-are-duping-you-124022200137_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/49-increases-in-fraud-cases-how-money-mule-bank-accounts-are-duping-you-124022200137_1.html Mule accounts are essentially bank accounts that receive funds from illegal activities and then transfer them elsewhere, acting as a bridge in
FSDC to formulate strategy to simplify, digitalise KYC process, curb illegal loan apps – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece Clipped from: https://www.thehindubusinessline.com/economy/fsdc-to-formulate-strategy-to-simplify-digitalise-kyc-process-curb-illegal-loan-apps/article67871559.ece The council met in Delhi under the Chairpersonship of Finance Minister Nirmala Sitharman After the Paytm Payment Bank debacle, the Finance Stability
Fintech loans comprise 62% personal loan sanction volumes in H1 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/fintech-loans-comprise-62-personal-loan-sanction-volumes-in-h1/article67871662.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fintech-loans-comprise-62-personal-loan-sanction-volumes-in-h1/article67871662.ece The report, which analysed data of 71 fintech NBFCs from April 2018 to September 2023, said that fintechs have doubled their market
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