Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-now-msme-customers-of-this-bank-can-manage-expenses-with-credit-card-get-accidental-insurance-cover-more/2445822/ Credit and Finance for MSMEs: “With the newly launched credit card facility coupled with the regular working capital limits, MSMEs can reap the benefits of
Category: RBI–Banks
ABG Shipyard’s debt conversion in bankruptcy case adhered to rules: Banks | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/abg-shipyard-s-debt-conversion-in-bankruptcy-case-adhered-to-rules-banks-122022800021_1.html The CBI, which examined top executives of ICICI Bank last week, is expected to call officials of some public sector banks in the
To avoid stagflation, RBI needs to start hiking rates: Aurodeep Nandi, Nomura – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/rbi-likely-to-hike-rates-by-100-bps-this-year-aurodeep-nandi-nomura/articleshow/89846416.cms SECTIONS To avoid stagflation, RBI needs to start hiking rates: Aurodeep Nandi, Nomura Last Updated: Feb 26, 2022, 01:33 PM IST Synopsis “We
Not raising reverse repo rate could make the benchmark ‘irrelevant’: Prof JR Varma – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/not-raising-reverse-repo-rate-could-make-the-benchmark-irrelevant-prof-jr-varma/articleshow/89835307.cms Synopsis If the central bank is embarking on the path of rate tightening and liquidity normalization, it should ‘say it openly’ instead of
We shouldn’t restrict our ability to respond: External member of RBI’s MPC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-shouldn-t-restrict-our-ability-to-respond-external-member-of-rbi-s-mpc-122022600017_1.html The Ukraine situation is a shock both to growth and to inflation, and it is too early to say which of these two
Unity SFB not affected by BharatPe tussle: Centrum Capital’s Jaspal Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/bharatpe-saga-centrum-s-partnership-with-funds-like-sequoia-not-grovers-122022400678_1.html Jaspal Bindra says Centrum’s partnership is with funds like Sequoia, not Grovers Jaspal Bindra, Chairman, Centrum Capital The heating up of the tussle
Inflation trajectory over FY23 offers room for accommodative stance: RBI – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/inflation-trajectory-over-fy23-offers-room-for-accommodative-stance-rbi/article65082176.ece FILE PHOTO: The logo of Reserve Bank of India (RBI) is seen inside its headquarters in Mumbai, India, February 7, 2019. REUTERS/Francis Mascarenhas/File
Inflation may have peaked in January: RBI deputy governor Michael Patra | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-may-have-peaked-in-january-rbi-deputy-governor-michael-patra-122022400071_1.html The six-member monetary policy committee of the RBI – that sets interest rate – has a target to maintain CPI inflation at 4
Foreign exchange hedging cost rises after RBI dollar-rupee swap plan | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/foreign-exchange-hedging-cost-rises-after-rbi-dollar-rupee-swap-plan-122022400068_1.html One-year dollar-rupee forward premia closes at 4.19% Analysts said the sell-buy dollar rupee swap — the auction would be conducted on March 8
Dealing with unclaimed bank deposits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/dealing-with-unclaimed-bank-deposits/article65078761.ece There is a huge sum of money lying unclaimed with banks. Here are some ways of helping people reclaim it Unclaimed deposits are
‘RBI reserves right to time policy normalisation’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rbi-reserves-right-to-time-policy-normalisation/article65078734.ece Michael Patra India is in a comfortable position as far as inflation is concerned, says RBI Deputy Governor The Reserve Bank of India
Banks may miss deadline to implement cassette swap in ATMs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/banks-may-miss-deadline-to-implement-cassette-swap-in-atms/article65075462.ece Guwahati: A worker disinfects ATM machines as a measure to prevent the spread of coronavirus pandemic, during nationwide lockdown, in Guwahati, Monday, March
RBI to undertake $5 b USD/INR sell/buy swap auction next month – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rbi-to-undertake-5-b-usdinr-sellbuy-swap-auction-next-month/article65072280.ece The Reserve Bank of India (RBI) has decided to undertake a US Dollar/ Indian Rupee sell/ buy swap auction of $5 billion on
Don’t bank just on EPS as its pension payouts are paltry, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/don-t-bank-just-on-eps-as-its-pension-payouts-are-paltry-say-analysts-122022101378_1.html At present, it is mandatory for employees who earn a basic salary plus dearness allowance (DA) of up to Rs 15,000 to enrol
Dealing with RBI’s policy dilemma | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/dealing-with-rbi-s-policy-dilemma-122022101457_1.html Separation of public debt management from monetary policy is necessary for resolving conflict between two competing policy objectives In the absence of evidence
Access to credible cash flow makes lending to SMEs very easy: SBI Chairman Dinesh Kumar Khara – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-access-to-credible-cash-flow-makes-lending-to-smes-very-easy-sbi-chairman-dinesh-kumar-khara/2440584/ Credit and Finance for MSMEs: “I’m confident because with the credible bureau scores we have, if we get access to credible cash flows,
rupee: RBI likely to step in to stabilise rupee in forex market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rbi-likely-to-step-in-to-stabilise-rupee-in-forex-market/articleshow/89713267.cms Synopsis The Reserve Bank of India (RBI) is expected to step up its intervention in the foreign exchange market to prevent wild swings
How did balance sheets become healthier? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-did-balance-sheets-become-healthier-122022000971_1.html Bank financing of firm investment has retreated in favour of equity financing A rise in stock prices is synonymous with an improvement in credit
Govt to create equity fund for start-ups with 20 pc limited partnership: MoS IT – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-to-create-equity-fund-for-start-ups-with-20-pc-limited-partnership-mos-it/2438960/ “The finance minister has announced that there will be such a fund where the government will be a 20 per cent limited partner
Don’t scare bona fide bankers stiff – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/dont-scare-bona-fide-bankers-stiff/articleshow/89648581.cms Synopsis Following amendments to the Prevention of Corruption Act, rules seek to protect against arbitrary criminalisation of decisions by bankers and public servants.
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