https://www.business-standard.com/companies/news/ecl-model-will-not-have-much-dent-on-profitability-karur-vysya-bank-ceo-123062000450_1.html Clipped from: https://www.business-standard.com/companies/news/ecl-model-will-not-have-much-dent-on-profitability-karur-vysya-bank-ceo-123062000450_1.html We will test the waters, ferret out information through our business correspondents, and only then open a branch: B RAMESH BABU, Karur
Category: RBI–Banks
Hasten deposit insurance reforms – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/hasten-deposit-insurance-reforms/article67072830.ece Clipped from: https://www.thehindubusinessline.com/opinion/hasten-deposit-insurance-reforms/article67072830.ece Even as banks face new risks, uninsured and ‘not fully protected’ deposits are rising. This must be addressed The recently released Financial Stability
RBI targets 10 lakh CBDC transactions per day by year-end: Dy Guv Sankar – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-targets-10-lakh-cbdc-transactions-per-day-by-year-end-dy-guv-sankar/article67068620.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-targets-10-lakh-cbdc-transactions-per-day-by-year-end-dy-guv-sankar/article67068620.ece RBI is hoping to achieve this milestone by making CBDC interoperable with the UPI (Unified Payments Interface) system The Reserve Bank of
NPAs, write-offs and recoveries – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/npas-write-offs-and-recoveries/article67068469.ece Clipped from: https://www.thehindubusinessline.com/opinion/npas-write-offs-and-recoveries/article67068469.ece Gross NPAs have fallen, but banks should not be complacent as fresh NPAs are emerging and recoveries are far from satisfactory There
Push for multiple credit card network tie-ups makes sense – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/push-for-multiple-credit-card-network-tie-ups-makes-sense/article67064161.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/push-for-multiple-credit-card-network-tie-ups-makes-sense/article67064161.ece In the last five years, the RBI has been battling with global card network providers such as Mastercard, Visa and American Express
RBI circular on network choice seen helping RuPay grow credit card base – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-circular-on-network-choice-seen-helping-rupay-grow-credit-card-base/article67050215.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-circular-on-network-choice-seen-helping-rupay-grow-credit-card-base/article67050215.ece RBI, on Wednesday, asked card issuers not to enter into bi-lateral arrangements with card networks and issue cards across more than one
Credit Card portability: Change from Visa to MasterCard to RuPay or any network soon – What RBI said | The Financial Express
https://www.financialexpress.com/money/credit-card-portability-change-from-visa-to-mastercard-to-rupay-or-any-network-soon-what-rbi-said/3158041/ Clipped from: https://www.financialexpress.com/money/credit-card-portability-change-from-visa-to-mastercard-to-rupay-or-any-network-soon-what-rbi-said/3158041/ Credit Card portability rules 2023: From October 1, credit card, debit card and prepaid card customers will be able to port their
Currency still in demand – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/currency-still-in-demand/article67046071.ece Clipped from: https://www.thehindubusinessline.com/opinion/currency-still-in-demand/article67046071.ece Illegal Chinese import at the root of the problem The latest RBI Annual Report describes the counter-intuitive phenomena of record parallel growth
Repayment stress
https://www.business-standard.com/opinion/editorial/repayment-stress-123070300971_1.html lipped from: https://www.business-standard.com/opinion/editorial/repayment-stress-123070300971_1.html Early warning signs from retail loans Illustration: Ajay Mohanty Listen to This Article The Financial Stability Report (FSR), released by the Reserve
Lessons from twin balance sheet syndrome – The Hindu BusinessLine
https://www.financialexpress.com/opinion/microfinance-and-financial-health/3151952/ Clipped from: https://www.thehindubusinessline.com/opinion/lessons-from-twin-balance-sheet-syndrome/article67038488.ece Now that banks are on a stronger footing, they will have to focus on improving the quality of credit origination, monitoring, and
Excessive risk taking by banks needs to be checked – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/excessive-risk-taking-by-banks-needs-to-be-checked/article67028063.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/excessive-risk-taking-by-banks-needs-to-be-checked/article67028063.ece There are several red flags in certain categories. With credit offtake by industry slowing down, retail loans now account for one-third of
RBI’s Safe Deposit Locker Guidelines: Your Rights & Responsibilities
https://taxguru.in/rbi/rbis-safe-deposit-locker-guidelines.html Clipped from: https://taxguru.in/rbi/rbis-safe-deposit-locker-guidelines.html Unlocking the Secrets: Safeguarding Your valuables with RBI’s Safe Deposit Locker Guidelines Safe deposit lockers offered by banks are an excellent way
Economy remains resilient, banking system fortified by low level of NPAs: RBI – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/economy-remains-resilient-banking-system-fortified-by-low-level-of-npas-rbi/article67019543.ece Clipped from: https://www.thehindubusinessline.com/economy/economy-remains-resilient-banking-system-fortified-by-low-level-of-npas-rbi/article67019543.ece RBI Governor Shaktikanta Das said the Indian economy has made a solid recovery and is among the fastest-growing large economies Indian economy
👍👍👍👍👍RBI’s liquidity management dilemma – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/rbis-liquidity-management-dilemma/article67020639.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-liquidity-management-dilemma/article67020639.ece Improving the monetary-fiscal interface requires monitoring the liquidity position by the RBI and financing pattern of the fiscal deficit by government The
TCS on foreign remittances: FinMin evaluates issues flagged by banks
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
