https://www.thehindubusinessline.com/money-and-banking/be-conscious-of-data-privacy-and-cybersecurity-issues-state-bank-of-india-md-chaudhary-tells-mfis/article67513403.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/be-conscious-of-data-privacy-and-cybersecurity-issues-state-bank-of-india-md-chaudhary-tells-mfis/article67513403.ece Chaudhary highlighted that some kind of action plan needs to be in place to address the cybersecurity and privacy issues on customers’
Category: RBI–Banks
Microfinance industry adds 80 lakh new women clients to its fold in FY23 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/microfinance-industry-adds-80-lakh-new-women-clients-to-its-fold-in-fy23/article67536455.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/microfinance-industry-adds-80-lakh-new-women-clients-to-its-fold-in-fy23/article67536455.ece In FY23, the microfinance industry saw growth in portfolio outstanding as well as improvement in portfolio quality The microfinance industry (MFI) in the country
Indian banks’ NPAs to drop to 3.5%, net interest margin to 2.9% by FY25: S&P Global – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/indian-banks-npas-to-drop-to-35-by-fy25-sp-global/article67538949.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-npas-to-drop-to-35-by-fy25-sp-global/article67538949.ece Healthy corporate balance sheets, tighter underwriting standards, and improved risk management to bring down NPAs, the report said Indian banks’ weak loans
CP issuances fall to 1-year low in October as rates rise by 30 bps
https://www.business-standard.com/markets/news/cp-issuances-fall-to-1-year-low-in-october-as-rates-rise-by-30-bps-123111300877_1.html Clipped from: https://www.business-standard.com/markets/news/cp-issuances-fall-to-1-year-low-in-october-as-rates-rise-by-30-bps-123111300877_1.html Illustration: Ajay Mohanty Issues of commercial paper fell to nearly a one-year low in October due to rising rates caused by tight
Sustained high, unsecured loan growth can increase mispricing risk: Fitch Ratings – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sustained-high-unsecured-loan-growth-can-increase-mispricing-risk-fitch-ratings/article67517974.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sustained-high-unsecured-loan-growth-can-increase-mispricing-risk-fitch-ratings/article67517974.ece This could have direct impact on financial performace of banks if conditions turns less favourable, warns Fitch Sustained high growth in unsecured retail
Monetary policy remains watchful and actively disinflationary: RBI Guv – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece Clipped from: https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece His observation comes against the backdrop of headline inflation remaining vulnerable to recurring and overlapping food price shocks Monetary policy remains watchful and
Fintech lenders should not be discouraged – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/fintech-lenders-should-not-be-discouraged/article67529012.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fintech-lenders-should-not-be-discouraged/article67529012.ece Digital lending by fintech companies has democratised access to credit greatly over the last few years Financial inclusion has been improving rapidly in the
Editorial. Oct inflation print encouraging, but questions remain – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/oct-inflation-print-encouraging-but-questions-remain/article67532575.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/oct-inflation-print-encouraging-but-questions-remain/article67532575.ece Pulses inflation is causing concern October’s inflation reading of 4.87 per cent comes as a relief, even if it is seen as
Gandhigiri in recovery of bad loans
https://www.business-standard.com/opinion/columns/gandhigiri-in-recovery-of-bad-loans-123111200580_1.html Clipped from: https://www.business-standard.com/opinion/columns/gandhigiri-in-recovery-of-bad-loans-123111200580_1.html Every defaulter is not a wilful defaulter who has the capability of paying back and is yet not servicing the bank loan
Decoding the cleaning act among co-operative banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/decoding-the-cleaning-act-among-co-operative-banks/article67493199.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/decoding-the-cleaning-act-among-co-operative-banks/article67493199.ece In the interest of the depositor, the wind is in favour of consolidation rather than cancelling licences Understanding that there is a
In My View: Embedded finance on the cusp of breakout – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/in-my-view-embedded-finance-on-the-cusp-of-breakout/article67493214.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/in-my-view-embedded-finance-on-the-cusp-of-breakout/article67493214.ece It has emerged as an innovative approach to connect with a vast pool of consumers As financial institutions press the pedal on
How NRIs can invest in govt bonds through RBI’s retail direct scheme
https://www.business-standard.com/finance/personal-finance/how-nris-can-invest-in-government-bonds-and-t-bills-a-step-by-step-guide-123110300472_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/how-nris-can-invest-in-government-bonds-and-t-bills-a-step-by-step-guide-123110300472_1.html In 2021, the RBI came out with the Retail Direct Scheme, a one-stop solution to facilitate investment in government securities by retail
Five years on, co-lending’s performance on the field may need a closer look
https://www.business-standard.com/finance/columns/five-years-on-co-lending-s-performance-on-the-field-may-need-a-closer-look-123110500862_1.html Clipped from: https://www.business-standard.com/finance/columns/five-years-on-co-lending-s-performance-on-the-field-may-need-a-closer-look-123110500862_1.html On paper, the co-lending model is a winner. But it calls for a high level of coordination: Policies would have to be
Let bankers play like Rahul Dravid
https://www.business-standard.com/opinion/columns/let-bankers-play-like-rahul-dravid-123110500801_1.html Clipped from: https://www.business-standard.com/opinion/columns/let-bankers-play-like-rahul-dravid-123110500801_1.html RBI Governor Shaktikanta Das’s message to the financial sector RBI Governor Shaktikanta Das at Business Standard BFSI Insight Summit 2023. (Pic credit:
Rise in 90-day delinquencies for credit cards, personal loans: TransUnion CIBIL – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rise-in-90-day-delinquencies-for-credit-cards-personal-loans-transunion-cibil/article67494326.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rise-in-90-day-delinquencies-for-credit-cards-personal-loans-transunion-cibil/article67494326.ece Small-ticket personal loans of less than ₹50,000 currently account for 0.3 per cent of the total retail loan book size at an industry
Why did UCO Bank withdrawal circular on NPA borrowers – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-why-did-uco-bank-withdrawal-circular-on-npa-borrowers-3296700/ Clipped from: https://www.financialexpress.com/business/banking-finance-why-did-uco-bank-withdrawal-circular-on-npa-borrowers-3296700/ SBI had also used the same approach to reach out to potential defaulters X Kolkata-headquartered UCO Bank found itself in the middle
RBI engaging with banks to address evergreening of loans, delinquencies: RBI DG Rao – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-engaging-with-banks-to-address-evergreening-of-loans-delinquencies-rbi-dg-rao/article67489967.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-engaging-with-banks-to-address-evergreening-of-loans-delinquencies-rbi-dg-rao/article67489967.ece Exponential rise in digital lending has also raised a host of business conduct issues, says Deputy Governor Rajeshwar Rao Reserve Bank of
Vote of confidence
https://www.business-standard.com/opinion/editorial/vote-of-confidence-123110201358_1.html Clipped from: https://www.business-standard.com/opinion/editorial/vote-of-confidence-123110201358_1.html RBI has done well, but new external challenges can emerge The Reserve Bank of India (RBI) has managed volatility on the external
RBI rules raise credit bureaus’ accountability to borrowers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/rbi-rules-raise-credit-bureaus-accountability-to-borrowers/article67485111.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-rules-raise-credit-bureaus-accountability-to-borrowers/article67485111.ece There has been a rising tide of complaints about inexplicable changes to scores, delays in updating loan closures, lack of response to
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