Clipped from: https://www.business-standard.com/article/opinion/micro-details-of-indian-banks-macro-story-122041700799_1.html So far, the story reads well. We’ll need to wait a couple of years to see how many restructured loans turn bad and
Category: RBI–Banks
*How to lodge complaint against any bank, NBFC or payment system participant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/how-to-lodge-complaint-against-any-bank-nbfc-or-payment-system-participant/articleshow/90908296.cms Synopsis The Reserve Bank of India has set up a complaint management system (CMS) through which you can lodge a complaint against any
*Hobson’s choice for RBI: While the rate cycle needs to turn, recovery shouldn’t be a casualty | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/hobsons-choice-for-rbi/2494333/ While the rate cycle needs to turn, recovery shouldn’t be a casualty The central bank has already said its top priority now would
*Loan assets securitised by NBFCs jump 43 pc to Rs 1.25 lakh crore last fiscal: Report | The Financial Express
Clipped from: https://www.financialexpress.com/india-news/loan-assets-securitised-by-nbfcs-jump-43-pc-to-rs-1-25-lakh-crore-last-fiscal-report/2495264/ The amount of loans securitised by NBFCs (Non-Banking Financial Companies) and HFCs (Housing Finance Companies) in FY21 stood at Rs 87,300 crore, Icra
*Parl panel: Link Udyam portal with CIBIL, other databases; need UPI-like platform, credit card for MSMEs | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-parl-panel-link-udyam-portal-with-cibil-other-databases-need-upi-like-platform-credit-card-for-msmes/2494143/ Ease of Doing Business for MSMEs: The need for formalising the credit ecosystem for MSMEs has assumed significance as less than 40 per
*Scale up women co-op banks to bridge the gender gap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/scale-up-women-co-op-banks-to-bridge-the-gender-gap/article65330393.ece This will help bridge the gender gap in financial inclusion Shri Mahila SEWA Sahakari Bank has been in existence for over four decades.
*Standing deposit facility, a policy milestone – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/standing-deposit-facility-a-policy-milestone/article65330391.ece SDF can absorb surplus liquidity which is transient in nature. As a non-collaterised instrument, it can absorb large volumes The decision of the
*****RBI must pivot to inflation control | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/rbi-must-pivot-to-inflation-control-1100207.html RBI The Reserve Bank of India has given indications of a shift to prioritising inflation ahead of growth in its latest Monetary Policy
*****RBI is right to prioritise inflation management. But it won’t be easy | Radhika Pandey writes
lipped from: https://indianexpress.com/article/opinion/columns/rbi-is-right-to-prioritise-inflation-management-but-it-wont-be-easy-7864974/ Radhika Pandey writes: Trade-off between managing prices and government’s borrowing programme will present a challenge. RBI has announced the withdrawal of some of
*****Sharp rise in inflation is likely to bring forward the RBI’s timelines for tightening of policy | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/sharp-rise-inflation-likely-rbis-timelines-for-tightening-of-policy-7868277/ The rise in retail inflation in March was driven primarily by food items — the consumer food price index rose to 7.68 per
Monetary policy: RBI shifts gaze to inflation from growth after 2 years | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-rbi-shifts-gaze-to-inflation-from-growth-after-2-years-122040801336_1.html Sets stage for rate hikes after June policy amid high oil prices, yields RBI Governor Shaktikanta Das. Illustration: Ajay Mohanty The increase in
*****RBI’s monetary policy conundrum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/rbis-monetary-policy-conundrum/article65297707.ece Ignoring inflation is no longer an option for the central bank. It must start raising rates in a calibrated manner The ongoing, April
*****Extend NPA classification period to 180 days from 90 days for MSMEs: FICCI’s Economic Outlook Survey | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-extend-npa-classification-period-to-180-days-from-90-days-for-msmes-ficcis-economic-outlook-survey/2480355/ Ease of Doing Business for MSMEs: The survey, conducted in March 2022 among economists to forecast key macro-economic variables for FY23 and for
*Indian banks need to get way smarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indian-banks-need-to-get-way-smarter/articleshow/90598830.cms Synopsis Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of
Interest rates on small savings schemes unchanged for first quarter of FY23: Here’s what you will earn | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/interest-rates-small-savings-fy23-first-quarter-earn-7846652/ The move to not change the interest rates assume significance in the light of a sharp reduction in interest rate that was recommended
India’s huge pile of toxic loans has declined, but don’t celebrate just yet – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/indias-huge-pile-of-toxic-loans-is-declining-but-dont-celebrate-just-yet/articleshow/90576699.cms Synopsis So, what is leading to such a high piling up of NPAs in banking? The answer is complex, as large and complicated
2 EPF accounts, cryptocurrency tax, property sale TDS rules and other money changes from April 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/2-epf-accounts-cryptocurrency-tax-property-sale-tds-rules-and-other-money-changes-from-april-1/articleshow/90425511.cms Synopsis The beginning of the new financial year marks the changes in the tax rules and others money changes announced in the Union
Bank haircuts: FM says checks in place against questionable resolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/bank-haircuts-fm-says-checks-in-place-against-questionable-resolution/article65270581.ece Finance Minister Nirmala Sitharaman addresses the Rajya Sabha in New Delhi on Tuesday, March 29 | Photo Credit: – Banks have spoken against
‘5,200 cos with credit exposure of over Rs 5 cr declared as NPAs till Dec’ | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/5-200-cos-with-credit-exposure-of-over-rs-5-cr-declared-as-npas-till-dec-122032800705_1.html The Central Repository of Information on Large Credits (CRILC) is tasked to collect, store, and disseminate credit data to lenders Illustration: Ajay Mohanty
Fed hiking cycle: What next? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fed-hiking-cycle-what-next-122032801458_1.html We may need to be prepared for greater volatility in asset markets and no Fed riding to the rescue to save markets It
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