Growth-inflation-external balance triangle much better for current fiscal now, says FinMin report: https://www.thehindubusinessline.com/economy/growth-inflation-external-balance-triangle-much-better-for-current-fiscal-now-says-finmin-report/article65788416.ece
Category: RBI–Banks
India can strike out into next decade with a 11% growth rate, says RBI Dy Guv Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-can-strike-out-into-next-decade-with-a-11-growth-rate-says-rbi-dy-guv-patra/article65764760.ece?cx_testId=6&cx_testVariant=cx_1&cx_artPos=1#cxrecs_s ‘If this is achieved, India will become the second largest economy in the world by 2031 itself’ Demographics, manufacturing, exports and internationalisation are
All you wanted to know about reverse merger – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35412102.ece Earlier this month, the stocks of Equitas Small Finance Bank, Ujjivan Small Finance Bank and their holding companies skyrocketed following a new development.
Read: Better safe than sorry
https://www.financialexpress.com/opinion/better-safe-than-sorry-2/2627887/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/T5mZnyJ1SbgpEXzV9
RBI cracks down on strong-arm tactics employed by recovery agents
RBI cracks down on strong-arm tactics employed by recovery agents https://economictimes.indiatimes.com/news/economy/policy/rbi-cracks-down-on-strong-arm-tactics-employed-by-recovery-agents/articleshow/93523218.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
‘Expected credit loss’ framework can wait – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/expected-credit-loss-framework-can-wait/article65747582.ece Its structure is complex and introducing it now will shift the focus of banks, which are trying to redeem their business post Covid
Public Sector Banks recover ₹6.4l cr NPAs, written-off loans since FY15
Public Sector Banks recover ₹6.4l cr NPAs, written-off loans since FY15 https://economictimes.indiatimes.com/industry/banking/finance/banking/public-sector-banks-recover-6-4l-cr-npas-written-off-loans-since-fy15/articleshow/93415231.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
How much rate hike this week: 50 or 35 bps? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-much-rate-hike-this-week-50-or-35-bps-122073100706_1.html I would root for a 50-bps hike for now to demonstrate the RBI’s resolve to fight inflation and stem deprecation of the rupee.
RBI ‘correct’ to use FX reserves to tackle rupee volatility: Econ adviser | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-correct-to-use-fx-reserves-to-tackle-rupee-volatility-econ-adviser-122072500502_1.html The RBI is justified in using the country’s foreign exchange reserves to smooth out volatility in the rupee’s moves against the dollar, a
*******Rupee at 80: What can be done? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rupee-at-80-what-can-be-done-122072400487_1.html We need to maintain the gap of interest rate differential with the US by raising rates in a measured way and allow the
Should you invest in invoice financing deals? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/should-you-invest-in-invoice-financing-deals/article65673986.ece Alternative investment avenues come with their own set of pros and cons Savvy and new-age investors today are looking to tap alternative fixed-income
The real banking reforms: By not implementing many of Nayak committee proposals, the govt has disadvantaged PSBs | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-real-banking-reforms-by-not-implementing-many-of-nayak-committee-proposals-the-govt-has-disadvantaged-psbs/2601898/ The current government has taken some steps towards reducing political interference—even its worst detractors will have to admit that the so-called phone-banking has
Privatisation of all public sector banks isn’t a good idea – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/privatisation-of-all-public-sector-banks-isnt-a-good-idea/article65667735.ece Bank failures, which were rampant before nationalisation in 1969, could rise again. And, at present, there are hardly any entities that have the
Urban co-operative banks to have four-tiered regulatory framework: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-announces-four-tiered-regulatory-framework-for-urban-co-op-banks-122071901245_1.html?code=NTM4OTU9MTIyMDcxOTAxMjQ1 An expert committee, headed by former RBI deputy governor N S Vishwanathan, had made a host of recommendations for strengthening the UCBs Photo:
*PNB’s account aggregation platform goes live – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pnbs-account-aggregation-platform-goes-live/articleshow/92873290.cms Synopsis Punjab National Bank is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and
*****Inflation is likely to remain elevated, even as commodity prices soften. RBI must continue to prioritise inflation management | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/first-price-stability-8025557/ MPC members are yet to elaborate on what their expectations of the terminal rate is, considering the long lags, the committee must front-load
*RBI may hike interest rate by 25-35bps in Aug meeting; Inflation likely to cool off on easing commodity prices | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-may-hike-interest-rate-by-25-35bps-in-aug-meeting-inflation-likely-to-cool-off-on-easing-commodity-prices/2592537/?ref=Must_Read The MPC has already raised the repo rate by 90bps to 4.90% and is scheduled to meet Aug 2-4. On the basis of
*PSBs set to go live on account aggregator platform soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/psbs-set-to-go-live-on-account-aggregator-platform-soon/article65630474.ece SBI, Canara Bank, Punjab National Bank, and Indian Bank have started their implementation The account aggregator ecosystem is set to get a major
*****Major PSU banks to go live on account aggregator system by July-end | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/major-psu-banks-to-go-live-on-account-aggregator-system-by-july-end-122071200973_1.html SBI and BoB are expected to go live by the deadline; PNB and Union Bank of India are already live on the ecosystem
From magnetic stripe to chip to tokenisation: How will RBI’s new measure make cards safer? | The Financial Express
Clipped from: https://www.financialexpress.com/money/from-magnetic-stripe-to-chip-to-tokenisation-how-will-rbis-new-measure-make-cards-safer/2591843/ To make the cards secure and safeguard the card users, RBI has taken several steps over the years with the advancement in technologies
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