https://www.thehindubusinessline.com/money-and-banking/sbi-hdfc-bank-asked-to-set-aside-higher-capital-for-loans/article67684343.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sbi-hdfc-bank-asked-to-set-aside-higher-capital-for-loans/article67684343.ece For ICICI Bank, the additional CET 1 requirement continues at 0.20 per cent. State Bank of India (SBI) and HDFC Bank, both
Category: RBI–Banks
अग्रलेख : कर्तन? नव्हे केशवपन! | loksatta editorial nclt approves resolution plan for reliance communications
https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-nclt-approves-resolution-plan-for-reliance-communications-zws-70-4125513/ Clipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-nclt-approves-resolution-plan-for-reliance-communications-zws-70-4125513/ अनिल यांच्या मालकीची ‘रिलायन्स कम्युनिकेशन इन्फ्रास्ट्रक्चर लिमिटेड’ ही एके काळची दूरसंचार कंपनी काळाच्या ओघात आणि ‘जिओ’च्या प्रभावामुळे दिसेनाशी झाली. (संग्रहित छायाचित्र) बुडीत
Fintech giants set sights on consumer durable loans in India – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/fintech-giants-set-sights-on-consumer-durable-loans-in-india/article67679879.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fintech-giants-set-sights-on-consumer-durable-loans-in-india/article67679879.ece India’s digital lending market is expected to exceed $720 billion by 2030, with 55% attributed to consumer lending. The Indian digital consumer
2024: Cryptos to gain credibility, CBDCs to face existential crisis – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/2024-cryptos-to-gain-credibility-cbdcs-to-face-existential-crisis/article67680029.ece Clipped from: https://www.thehindubusinessline.com/opinion/2024-cryptos-to-gain-credibility-cbdcs-to-face-existential-crisis/article67680029.ece Regulations for private cryptos likely soon, but retail e-rupee will struggle to prove its relevance against UPI Towards the beginning of 2023,
Sale of stressed loans to asset reconstruction companies zooms in FY23: RBI report – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sale-of-stressed-loans-to-asset-reconstruction-companies-zooms-in-fy23-rbi-report/article67680541.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sale-of-stressed-loans-to-asset-reconstruction-companies-zooms-in-fy23-rbi-report/article67680541.ece The sale of stressed loans to asset reconstruction companies (ARCs) shot up in 2022-23, partly reflecting assets sold to the newly operationalised
Microfinance is macro – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/microfinance-is-macro/article67680720.ece Clipped from: https://www.thehindubusinessline.com/opinion/microfinance-is-macro/article67680720.ece The sector is now a key player in the financial scene Microfinance is no more a microbusiness. It’s a macro business involving
Government directs social media platforms to not host advertisements of fraudulent loan apps – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/government-directs-social-media-platforms-to-not-host-advertisements-of-fraudulent-loan-apps/article67680321.ece Clipped from: https://www.thehindubusinessline.com/info-tech/government-directs-social-media-platforms-to-not-host-advertisements-of-fraudulent-loan-apps/article67680321.ece The development comes after a day of MeitY issuing an advisory to all digital intermediaries to actively comply with existing IT rules
Banks, NBFCs on sound footing; their close links need watch: RBI – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/indian-banks-and-non-banks-remain-sound-and-resilient-rbi-report/article67680190.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-and-non-banks-remain-sound-and-resilient-rbi-report/article67680190.ece System needs strengthened governance, risk management practices and building up of additional buffers, recommends the central bank The Reserve Bank of India
Remove fraud loan app ads in a week, Centre tells online platforms | India News – The Indian Express
Clipped from: https://indianexpress.com/article/india/remove-fraud-loan-app-ads-in-a-week-centre-tells-online-platforms-9084028/ In its advisory issued to online platforms like Meta’s Facebook and Instagram, and Google on Tuesday, the ministry asked them to ensure compliance
RBL Bank, Bajaj Finance shares fall as card pact gets 1 year extension – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-rbl-bank-bajaj-finance-shares-fall-as-card-pact-gets-1-year-extension-3348150/ Clipped from: https://www.financialexpress.com/business/banking-finance-rbl-bank-bajaj-finance-shares-fall-as-card-pact-gets-1-year-extension-3348150/ On October 27, Bajaj Finance had sought a longer extension for its credit card ties with RBL Bank. The initial permit was
Flows into NRI deposits double to $6.1 billion in April-October period | Business News – The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/flows-into-nri-deposits-double-to-6-1-billion-in-april-october-period-9081511/ Fresh inflows under various non-resident deposit schemes doubled to $6.1 billion in April-October 2023 from $3.05 billion in the same period of the
Jayanth Varma: ‘Approaching a point where a cut is must to check high real interest rate’
Clipped from: https://indianexpress.com/article/business/economy/jayanth-varma-approaching-a-point-where-a-cut-is-must-to-check-high-real-interest-rate-9081547/ The RBI revised upwards real GDP growth forecast for FY24 to 7% from 6.5% earlier. Days after the US Federal Reserve hinted at
Monetarism making a comeback? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/monetarism-making-a-comeback/3346701/ Clipped from: https://www.financialexpress.com/opinion/monetarism-making-a-comeback/3346701/ The reversal of the inflation tide and the relative failure of inflation-targeting central banks to control it has brought the attention back
Loan partnerships with fintechs to rise in 2024 – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-year-ahead-loan-partnerships-with-fintechs-to-rise-in-2024-3347210/ Clipped from: https://www.financialexpress.com/business/banking-finance-year-ahead-loan-partnerships-with-fintechs-to-rise-in-2024-3347210/ In recent months, various banks and non-banking financial companies (NBFC) have asked fintech partners to curtail issuing small-ticket personal loan disbursements. RBI
The future of finance
https://www.business-standard.com/opinion/columns/the-future-of-finance-123122400800_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-future-of-finance-123122400800_1.html Strategic sense about the forces reshaping banking In advanced economies, banking is changing. At first, there was “the fintech revolution”, the idea
‘Balance batao’, ‘digital didi’: Fintech transforming financial inclusion
https://www.business-standard.com/finance/personal-finance/fintech-for-billions-explains-bank-balance-batao-digital-didi-123122400464_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/fintech-for-billions-explains-bank-balance-batao-digital-didi-123122400464_1.html From the government’s coffers, Rs 5,000 for opening an account for a child born into a poor family will be yet another
You can now tokenise your debit/credit card via mobile and internet banking
https://www.business-standard.com/finance/personal-finance/you-can-now-tokenise-your-debit-credit-card-via-mobile-and-internet-banking-123122100765_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/you-can-now-tokenise-your-debit-credit-card-via-mobile-and-internet-banking-123122100765_1.html RBI has also allowed CoFT through card issuing banks or institutions to provide cardholders with an additional choice to tokenise their cards
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