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
Category: RBI–Banks
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.
TransUnion CIBIL partners with FICCI to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/transunion-cibil-partners-with-ficci-to-help-msmes/articleshow/89659899.cms Synopsis The program’s objective is to empower MSMEs with knowledge on how to build a good credit history and CIBIL Rank to avail
ABG Shipyard Case Updates | ABG Shipyard allegedly used 38 overseas firms to divert funds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/abg-shipyard-allegedly-used-38-overseas-firms-to-divert-funds/articleshow/89649530.cms Synopsis Both the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) have booked ABG Shipyard and its directors on charges of criminal
Debt recovery: HC proposes to initiate vigilance enquiry against bank official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/debt-recovery-hc-proposes-to-initiate-vigilance-enquiry-against-bank-official/articleshow/89690652.cms Synopsis While the borrowed sum was Rs 62 lakh in 1992, the Debt Recovery Tribunal ordered the defaulted to return Rs 1.85 crore
Bias for interest rates is on the upside, says UTI MF’s Amandeep Chopra | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bias-for-interest-rates-is-on-the-upside-says-uti-mf-s-amandeep-chopra-122021500802_1.html As the markets adjust to the process of policy normalization, investors can focus on products which are running strategies to capture these trends
NBFCs seek priority sector tag for 2-wheeler loans financed by bank credit | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nbfcs-seek-priority-sector-tag-for-2-wheeler-loans-financed-by-bank-credit-122021801185_1.html This would help them get cheaper funds from banks and increase lending, especially in rural areas Finance companies have sought priority sector lending status
New prudential norms: NBFCs get some leeway on bad loans classification | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-prudential-norms-nbfcs-get-some-leeway-on-bad-loans-classification-122021501451_1.html The Reserve Bank allowed some relaxation in the stricter prudential norms announced for all lenders, including shadow banks The Reserve Bank on Tuesday
NBFCs get extra 6-months to keep system ready to implement NPA norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nbfcs-get-extra-6-months-to-keep-system-ready-to-implement-npa-norms-122021600060_1.html In November 2021, RBI had given time till March 31, 2022 to implement the rule Imaging: Ajay Mohanty The Reserve Bank of India
NBFCs get extra 6-months to keep system ready to implement NPA norms | Business Standard News
lipped from: https://www.business-standard.com/article/finance/nbfcs-get-extra-6-months-to-keep-system-ready-to-implement-npa-norms-122021600060_1.html In November 2021, RBI had given time till March 31, 2022 to implement the rule Imaging: Ajay Mohanty The Reserve Bank of India
Underspending on MSME schemes increased in 2020-21, shows govt data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-underspending-on-msme-schemes-increased-in-2020-21-shows-govt-data/2433939/ Credit and Finance for MSMEs: Out of Rs 7,572.20 crore earmarked for the MSME Ministry in the Union Budget 2020-21, Rs 5,647.50 crore
The political risks of low interest rates are high in an election year | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-political-risks-of-low-interest-rates-are-high-in-an-election-year-122021400129_1.html Since 1989, governments have risked that the benefits of higher economic growth will offset the costs of higher inflation The Monetary Policy Committee
RBI DG Rabi Sankar asks for complete ban on cryptocurrencies in India | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-dg-rabi-sankar-asks-for-complete-ban-on-cryptocurrencies-in-india-122021401710_1.html ‘We have examined arguments by those advocating cryptos should be regulated, and found that none of them stand up to basic scrutiny,’ says
Monetary Policy: MPC pulls a dove out of the hat – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/monetary-policy-mpc-pulls-a-dove-out-of-the-hat/2430742/ Given the need to support durable growth, RBI signals a longer than expected runway for the start of monetary-policy tightening The release of
Retail inflation rises to 6.01 per cent in January, breaches RBI’s comfort mark – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/retail-inflation-rises-to-6-01-per-cent-in-january/articleshow/89567758.cms Synopsis In its recently concluded monetary policy meet, Reserve Bank of India said inflation based on consumer price index (CPI) is expected to
ABG Shipyard: FM Nirmala Sitharaman defends time taken to file fraud complaint in ABG Shipyard, says less than normal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/fm-nirmala-sitharaman-defends-time-taken-to-file-fraud-complaint-in-abg-shipyard-says-less-than-normal/articleshow/89570021.cms Synopsis Opposition Congress has accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance
Price discovery in the times of NARCL | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/price-discovery-in-the-times-of-narcl-122021300981_1.html NARCL has a competitive advantage over private asset reconstruction companies, because it comes with deep pockets and a government guarantee Policymakers have taken
India’s banking story still evolving | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/india-s-banking-story-still-evolving-122021300916_1.html Banks have started seeing signs of growth in credit. Retail loans still remain the growth driver but money has also started flowing to
Ignoring inflation may not be wise | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/ignoring-inflation-may-not-be-wise-1080569.html RBI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has maintained the status quo on interest rates and retained
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