https://www.business-standard.com/economy/news/tcs-on-foreign-remittances-finmin-evaluates-issues-flagged-by-banks-123062701023_1.html Clipped from: https://www.business-standard.com/economy/news/tcs-on-foreign-remittances-finmin-evaluates-issues-flagged-by-banks-123062701023_1.html July 1 deadline extension not ruled out Banks Listen to This Article The finance ministry is “evaluating” the issues related to the
Category: RBI–Banks
👍👍👍👍👍CBDC: A calibrated approach needed – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece Clipped from: https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece The Bank for International Settlements has advocated that an enabling legal framework is essential before issuance of Central Bank Digital Currency and
RBI injects 75,000 crore into the banking system as liquidity tightens due to tax outflows – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-injects-75000-cr-into-the-banking-system-as-liquidity-tightens-due-to-tax-outflows/article66986670.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-injects-75000-cr-into-the-banking-system-as-liquidity-tightens-due-to-tax-outflows/article66986670.ece Overnight money market rates harden above repo rate The Reserve Bank of India (RBI) conducted a four-day variable rate repo (VRR) auction on Monday
Hear no evil, speak no evil? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/hear-no-evil-speak-no-evil/article66987097.ece Clipped from: https://www.thehindubusinessline.com/opinion/hear-no-evil-speak-no-evil/article66987097.ece It’s high time the Reserve Bank of India reviewed its communications policy There used to be a time when it was impossible
The provision on settlement with defaulting borrowers is not new, but it creates moral hazard | The Financial Express
https://www.financialexpress.com/opinion/the-provision-on-settlement-with-defaulting-borrowers-is-not-new-but-it-creates-moral-hazard/3129538/ Clipped from: https://www.financialexpress.com/opinion/the-provision-on-settlement-with-defaulting-borrowers-is-not-new-but-it-creates-moral-hazard/3129538/ The Reserve Bank of India’s (RBI) Framework for Compromise Settlements and Technical Write-offs has upset some trade unions who believe the rules
👍👍👍👍👍RBI’s hygiene step to bring much-needed clarity to FLDG arrangements
https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Clipped from: https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Mint Road has pulled the plug on clever financial arrangements between regulated entities and fintechs, with stress on skin in the game
Easing and expanding access to finance for SMEs can generate productivity bursts: RBI’s Michael Debabrata Patra | The Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-easing-and-expanding-access-to-finance-for-smes-can-generate-productivity-bursts-rbis-michael-debabrata-patra/3123011/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-easing-and-expanding-access-to-finance-for-smes-can-generate-productivity-bursts-rbis-michael-debabrata-patra/3123011/ Credit and finance for MSMEs: “Nearly half of the SMEs and about a third of large firms in emerging and developing Asia