State Bank of India (SBI) is all set to roll out two applications that adopt the revolutionary blockchain technology for banking. The use of blockchain
Category: RBI–Banks
One year of RBI MPC: Michael Patra says monetary panel has task cut out – The Financial Express–22.11.2017
One year after a panel of experts started to decide the monetary policy, an Reserve Bank nominee on the Monetary Policy Committee (MPC) has said
Bankruptcy: Insolvency law: Government sets up 14-member panel to identify issues – The Economic Times–22.11.2017
More than 300 cases have been admitted for resolution by the National Company Law Tribunal (NCLT). With rising number of cases under the Insolvency and
Trading platform for SMEs, TReDS, set to take off after three years – The Economic Times–21.11.2017
TReDS, a trading platform for small and medium enterprises, is set to take off after three years, after the government allowed state-run companies to use
Moody’s rightly shifted focus from deficit to reforms to upgrade India; here is why – The Financial Express–21.11.2017
The timing of Moody’s ratings upgrade, the first in 13 years, is ironic since it comes at a time when, while still good, India’s fundamentals
Change in mood | Business Standard Editorials–20.11.2017
In what is unquestionably good news for the Indian economy, international credit rating agency Moody’s has raised India’s sovereign bond rating from Baa3 to Baa2.
Fintech involves another’s money, it has to be secure: PayPal CEO | Business Line–20.11.2017
As President and CEO of digital payments firm PayPal, Dan Schulman is focussed on transforming financial services to make life easier for billions of people
Crony capitalism, political pressure contribute to current problems in economy: Prashant Bhushan | Business Line–20.11.2017
Many of the country’s leading corporations including Reliance Industries, Reliance (ADA) group, the Adani group and Essar group came under a blistering attack from senior
Card transactions soar 84% in Sep 2017 to Rs 74,090 cr: Report | business-news | Hindustan Times–20.11.2017
The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to
FinMin asks banks to prevent defaulters from buying stressed assets–20.11.2017
To ensure success of bankruptcy process under the Insolvency and Bankruptcy Code (IBC), the finance ministry has asked banks to be vigilant to ensure that
Bank NPAs crisis: Bad loans moderating, but credit costs are rising – The Financial Express–19.11.2017
The good news is that loan slippages are moderating, though credit costs are rising due to the burden of provisioning. And private banks continue to
NCLT insolvency process has a tax problem; why Centre must fix it at the earliest – The Financial Express–19.11.2017
Given the speed at which NPAs have accumulated to over Rs 8.5 lakh crore today, and how they have brought the banking system to a
No room for complacency on Moodys’ Rating, says Ajit Ranade | Business Line–19.11.2017
There is no room for complacency or jubilation despite the rating upgrade provided by Moodys’ Investor Services, given the many challenges that still remain to
peer-to-peer: Are P2P platforms safe for lending and borrowing? Find out – The Economic Times–16.11.2017
One can now borrow money from others in a more organised and a structured manner using the peer-to-peer (P2P) lending platform. Short on funds? You
Differentiated lending by PSBs: Here is how to get all lenders to perform – The Financial Express–16.11.2017
An interesting idea that has been mooted of late is the concept of differentiated lending by public sector banks (PSBs) based on their size. This
To resolve bad loans, both capital & human resources are scarce: Siby Antony, Chairman, Edelweiss ARC – The Economic Times–15.11.2017
The bankruptcy code has brought a new energy to the stressed assets market in the country. In an interview with a group of ET journalists,
Bank NPAs crisis: Lenders welcome recapitalisation, now Centre must take next step, implement reforms – The Financial Express–15.11.2017
By Atisha Kumar In tackling health epidemics, it is important to administer the right dose of curative medicine. But to avert recurrence of the epidemic, it is
SME–GST–The Economic Times 14-11.2017
“There is no such thing as SMEs (small and medium enterprises),” says Sashank Rishyasringa, cofounder at SMEfocused lender Capital Float. “The biggest problem with the
Bank NPAs–Narrow, not niche | Business Standard Editorials–14.11.2017
Union Finance Minister Arun Jaitley, senior bureaucrats and leading public sector bankers met in Gurugram for a “PSB Manthan” over the weekend. The event saw
More capital to PSBs will push credit to MSME sector: Arun Jaitley | Business Standard News–13.11.2017
Finance Minister Arun Jaitley on Sunday said more capital for state-owned lenders would prompt public sector banks (PSBs) to increase credit flow to micro, small
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