Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-dear-govt-and-rbi-stop-ignoring-the-inflation-elephant-in-the-room/articleshow/89101057.cmsSynopsis Even if one were to look at the problem from the demand side, what is relevant is ‘monetary demand’. In the US’ case,
Category: RBI–Banks
The era of smart savers: How fintech industry is revolutionising finance in India – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/the-era-of-smart-savers-how-fintech-industry-is-revolutionising-finance-in-india/2413224/ Fintech and youth seem to be a match made in heaven, as youngsters increasingly get serious about money, a trend promoted by digital
Bankers await RBI nod on revised bad bank structure – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/bankers-await-rbi-nod-on-revised-bad-bank-structure/2412759/ “What has been proposed now is a principal-agent relationship where the asset resolution will be outsourced to the IDRCL. So far we haven’t
Reserve Bank of India juggles liquidity ops under revised framework | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reserve-bank-of-india-juggles-liquidity-ops-under-revised-framework-122012200036_1.html Conducts special variable rate repo operation to ease tight liquidity situation Reserve Bank of India The Reserve Bank of India (RBI) on Friday once again
What happens when you miss your BNPL payment? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/did-you-know/story/what-happens-when-you-miss-your-bnpl-payment-319222-2022-01-15 While the BNPL industry is expected to grow in India, it is important to note the risks that come from hidden costs, lack
How Digital Banking Is Slowly Taking Over Traditional Banking | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/sponsored-business/how-digital-banking-is-slowly-taking-over-traditional-banking-7735409/ Digital banking offers customers the convenience of banking at their fingertips with 24×7 availability and secure transactions. Digital Banking The new generation lives
182 factoring companies for MSMEs now, up from seven earlier | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/182-factoring-companies-for-msmes-now-up-from-seven-earlier-122012100032_1.html The RBI has allowed all non-deposit taking NBFC-Investment and Credit Companies (NBFC-ICCs) with asset size of ₹1,000 crore and above to carry on
RBI holds repo auction as GST outflow tightens liquidity – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-holds-repo-auction-as-gst-outflow-tightens-liquidity/article64927410.ece Conducts one-day variable rate repo auction for ₹50,000 crore to cool overnight call money market rates In a bid to rebalance liquidity in
Towards fuller capital convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/towards-fuller-capital-convertibility/2409931/ The path to full convertibility will not be linear and India looks set to continue moving gradually The process of capital account convertibility
A boost for ‘less cash’ – The Financial Express
lipped from: https://www.financialexpress.com/opinion/a-boost-for-less-cash/2409911/ Allowing small-value transactions in the offline mode is a leap forward Of course, the pandemic also acted as a catalyst, driving behavior change.
Budget 2022: Course correction for the bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/course-correction-for-the-bad-bank/articleshow/89003559.cmsSynopsis The coming budget should make a course correction – even if it means altering a plan laid down in the last one. The
PSBs have lost sight of their raison d’etre – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/psbs-have-lost-sight-of-their-raison-detre/article64910778.ece They are no longer sought after by big borrowers. And, banks are unable to adopt new ways to access small businesses It has
PayU offers small businesses instant credit access with repayment cycles from 1 week to 1 year – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-payu-offers-small-businesses-instant-credit-access-with-repayment-cycles-from-1-week-to-1-year/2409316/ Credit and Finance for MSMEs: The credit amount ranges from Rs 25,000 to several crores with repayment cycles from 1 week to 1 year.
Banking frauds may surge in next two years: Deloitte survey | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/banking-frauds-may-surge-in-next-two-years-deloitte-survey-1071974.html Retail banking was identified as a major contributor to fraud incidents, while the non-retail segment saw an average of 20 fraud incidents Representative
Fintech is great. But not big enough to break banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fintech-is-great-but-not-big-enough-to-break-banks/articleshow/88946492.cmsSynopsis The total banking sector loans in India are Rs 110 trillion, of which Rs 55 trillion is lent to companies and Rs 30
Banking, financial institutions struggling to deal with increasing fraud incidents: Deloitte survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banking-financial-institutions-struggling-to-deal-with-increasing-fraud-incidents-deloitte-survey/articleshow/88950865.cmsSynopsis Key reasons identified for the increase in fraud incidents over the next two years include large-scale remote working models, increase in customers using
Securitisation volume growth slows to 8% in December quarter: Report | Business Standard News
lipped from: https://www.business-standard.com/article/companies/securitisation-volume-growth-slows-to-8-in-december-quarter-report-122011701164_1.html The cumulative value of deals executed in the first nine months of this fiscal stood at approximately Rs 80,000 crore Securitisation volume growth slowed
Count the money: Why digital will dominate – The Financial Express
Clipped from: https://www.financialexpress.com/money/count-the-money-why-digital-will-dominate/2406935/ Super-apps, such as those being developed by Tata and Reliance, could be a major disruptor in digital payments Ankur Saxena Portrait By Ankur
PMC Bank merger with Unity Small Finance Bank awaits govt approval | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-merger-with-unity-small-finance-bank-awaits-govt-approval-122011600558_1.html The proposed merger of debt-ridden Punjab and Maharashtra Cooperative Bank with Unity Small Finance Bank is being examined and the process of amalgamation
The fiscal-monetary tango | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-fiscal-monetary-tango-122011601027_1.html The pandemic years called for policy reinforcement; the post-pandemic aftermath will call for policy prioritisation The past two years have seen the largest