Clipped from: https://www.business-standard.com/article/opinion/mpc-will-pave-way-for-faster-policy-normalisation-122020802150_1.html As the MPC signals normalisation, a key challenge for the RBI would be to ensure that even as sovereign yields rise, the move
Category: RBI–Banks
Bank balance sheet recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/bank-balance-sheet-recovery-122020901838_1.html Asset quality is improving, but risks remain Asset quality in the banking system continues to improve. As the latest Report on Trend and
Surge in Lending Scams: How Account Aggregator framework will help mitigate the ecosystem – The Financial Express
Clipped from: https://www.financialexpress.com/money/surge-in-lending-scams-how-account-aggregator-framework-will-help-mitigate-the-ecosystem/2429797/ AA framework would collect data from all the loan providers to determine the authenticity of loan seekers, which in turn would reduce the
MSME credit: Now Amazon India sellers can get working capital loans from digital lender Lendingkart – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-credit-now-amazon-india-sellers-can-get-working-capital-loans-from-digital-lender-lendingkart/2428503/ Credit and Finance for MSMEs: In December last year, Amazon had announced crossing the 10-lakh seller mark in India. Importantly, more than 90
RBI begins three-day monetary policy meet to decide on key rates – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-begins-three-day-monetary-policy-meet-to-decide-on-key-rates/2428521/ The Reserve Bank’s rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23,
Onward to regulation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onward-to-regulation/article64967236.ece FILE PHOTO: A representation of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic Taxing cryptos
Policy normalisation: RBI may up reverse repo rate by 25 bps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/policy-normalisation-rbi-may-up-reverse-repo-rate-by-25-bps/article64969484.ece FILE PHOTO: The logo of Reserve Bank of India (RBI) is seen inside its headquarters in Mumbai | Photo Credit: FRANCIS MASCARENHAS The
Can RuPay pip Visa, Mastercard in credit cards? Incentives to banks, global acceptance hold the key.
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/can-rupay-pip-visa-mastercard-in-credit-cards-incentives-to-banks-global-acceptance-hold-the-key-/primearticleshow/89412435.cms SynopsisNPCI-owned card platform RuPay dominates a third of the debit-card market. NPCI rules the mobile-payment market with UPI. But the credit-card segment will
Crypto tax set to complicate life for the exchanges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/crypto-tax-set-to-complicate-life-for-the-exchanges/articleshow/89416902.cms SynopsisWhen crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract
RBI Policy Review: Inflation may take spotlight, but growth war still on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-review-inflation-may-take-spotlight-but-growth-war-still-on/articleshow/89407865.cms Synopsis An ET poll comprising 22 respondents predicts that at its three day policy review ending Thursday, the RBI’s Monetary Policy Committee will
crypto investors: Tax and track: How Budget is mixed bag for crypto investors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/tax-and-track-how-budget-is-mixed-bag-for-crypto-investors/articleshow/89418139.cms Synopsis India became one of the few countries to tax digital assets like cryptocurrencies and NFTs (non-fungible tokens) when finance minister Nirmala Sitharaman
Counting on digital currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/counting-on-digital-currency/articleshow/89390457.cms Synopsis As India wants to leverage its fintech startup space and reap the benefits of a digital currency -even as it seems to
Bad Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-bad-bank/article64970615.ece What is a Bad Bank? A Bad Bank is floated by lending institutions and/or Government to rid the former’s balance sheet of impaired
Digital currencies and their economic value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-digital-currency/article64966585.ece Frankfurt, Hesse, Germany – April 17, 2018: Many coins of various cryptocurrencies | Photo Credit: gopixa It is the same as a fiat
Government exploring ways to levy GST on mining of cryptocurrencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/government-exploring-ways-to-levy-gst-on-mining-of-cryptocurrencies/article64996507.ece As on date, commission for facilitating the buy and sale of cryptocurrecny attracts GST | Photo Credit: Dado Ruvic Classification, category of mining
What are virtual digital assets? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/technology/what-are-virtual-digital-assets-122020800065_1.html Budget euphoria may well be waning away on Dalal Street, but some of its announcements are still fresh in people’s imaginations. Virtual digital
MPC will pave way for faster policy normalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/mpc-will-pave-way-for-faster-policy-normalisation-122020802150_1.html As the MPC signals normalisation, a key challenge for the RBI would be to ensure that even as sovereign yields rise, the move
It’s time to formalise the normalisation process: Part 2 | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/it-s-time-to-formalise-the-normalisation-process-part-2-122020800017_1.html MPC’s stance should remain accommodative till growth is secured, and future actions should be data-driven. But for now, reverse repo rate should be
IDBI selloff: Potential investors want Rs 34kcr NPAs given to bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/idbi-selloff-potential-investors-want-rs-34kcr-npas-given-to-bad-bank/articleshow/89234148.cmsSynopsis These suggestions have been made in the investor feedback sought by KPMG, the transaction advisor for the IDBI Bank strategic sale, according to
Bank NPAs down but restructured advances could pose problems: Economic survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-npas-down-but-restructured-advances-could-pose-problems-economic-survey/articleshow/89246386.cmsSynopsis Both gross NPA ratio and net NPA ratio of banks has declined since 2018-19 with GNPA ratio down to 6.9% in September 2021
