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
Category: RBI–Banks
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
Indian banking in pink of health but what next? | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/indian-banking-in-pink-of-health-but-what-next-122032700849_1.html Banks are caught in their own narrative: credit growth. Soon, one may see bubbles in certain pockets. At a recent Mint conclave, retail
High inflation to compel RBI to signal neutral policy stance: S&P | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/high-inflation-to-compel-rbi-to-signal-neutral-policy-stance-s-p-122032800799_1.html The RBI will likely raise the repo rate by at least 50-75 basis points through FY23, and by another 50 basis points in
A new era for microfinancing: RBI has done its part, onus now on industry to redeem policy trust | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-new-era-for-microfinancing-rbi-has-done-its-part-onus-now-on-industry-to-redeem-policy-trust/2469739/ The new RBI guidelines move regulation from a micro-business-rules approach to a principles-based one and plug regulatory gaps by making the framework applicable
Bond Market | Bond Market Crash: Why bond market crash is actually good news for most investors
Clipped from: https://economictimes.indiatimes.com/markets/bonds/why-bond-market-crash-is-actually-good-news-for-most-investors/articleshow/90444563.cms Synopsis One important reason is lower bond prices mean higher bond yields. Investors who hold bonds for income are pleased when their prices
Time for banks to go big on micro-credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/time-for-banks-to-go-big-on-micro-credit/article65257242.ece Micro credit can help ease poverty designer491 | Photo Credit: designer491 The economic potential of microfinance is immense, provided beneficiaries are correctly identified
RBI Innovation Hub to spot, hand-hold start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rbi-innovation-hub-to-spot-hand-hold-start-ups/article65257234.ece Also likely to collaborate with various govt ministries and academia The Reserve Bank Innovation Hub(RBIH) is an investment for the future, aimed at
SBI inks co-lending pact with five HFCs for affordable housing | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sbi-inks-co-lending-pact-with-five-hfcs-for-affordable-housing-122032401212_1.html Country’s largest lender State Bank of India has signed a co-lending agreement with five housing finance companies including PNB Housing Finance and Shriram Housing Finance to give loans for affordable homes. Shortage
Digital payments spike, but cash circulation still high, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/digital-payments-spike-but-cash-circulation-still-high-shows-data-122032401589_1.html UPI has been the biggest beneficiary of the digital payments drive. The burgeoning volumes of unified payments interface (UPI) prove that the pandemic
Unsecured loans: What MSMEs should do to get credit from banks, NBFCs without collateral | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-unsecured-loans-what-msmes-should-do-to-get-credit-from-banks-nbfcs-others-without-collateral/2469969/ Credit and Finance for MSMEs: Even as securing credit via the cash flow-based model is relatively easier than raising an asset-backed loan, the
RBI continues to support growth, rupee: Governor Shaktikanta Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-continues-to-support-growth-rupee-rbi-governor-shaktikanta-das-122032101466_1.html India comfortably placed to deal with spill-overs from Ukraine crisis, says Das RBI Governor Shaktikanta Das | Photo: Kamlesh Pednekar After resisting the
Bank frauds almost halve during the pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/bank-fraudsalmost-halve-during-the-pandemic/article65237878.ece Responding to a question in the Rajya Sabha, Minister of State for Finance Bhagwat Karad said, improved detection and reporting along with comprehensive
RBI needn’t go the Fed way soon: Sustaining the economic recovery still requires a helping hand | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-neednt-go-the-fed-way-soon-sustaining-the-economic-recovery-still-requires-a-helping-hand/2464352/ As Fed Chair Jerome Powell observed, the supply-chain disruptions have gone on for far longer than anticipated, and even now there is little
Six bank chiefs agree that worst is over for industry | BS CEO round table: Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bs-ceo-round-table-six-bank-chiefs-agree-that-worst-is-over-for-industry-122031401357_1.html There are some risks and we need to be watchful, say bank chiefs Illustration Leading names of Indian banking, including State Bank of
RBI will ensure stability in the forex market, says Shaktikanta Das | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-will-ensure-stability-in-the-forex-market-says-shaktikanta-das-122031401430_1.html In a fireside chat with Tamal Bandyopadhyay in November 2021, Reserve Bank of India Governor Shaktikanta Das says challenges of all kinds come