Clipped from: https://www.business-standard.com/article/current-affairs/4-071-banking-fraud-cases-reported-during-h1-fy2022-rbi-report-121122801123_1.html In terms of deposits, the number of reported cases of frauds stood at 208 of an amount involving Rs 362 crore, the report
Category: RBI–Banks
Banks’ asset quality ‘may get dented’ as special schemes end: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-asset-quality-may-get-dented-as-special-schemes-end-rbi-report-121122801157_1.html Credit growth muted as pandemic risk to economy remains, says central bank in annual analysis. Photo: Shutterstock The Indian financial system’s asset quality
Bank NPAs ease to nearly six-year low: RBI Trends & Progress report | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bank-npas-ease-to-nearly-six-year-low-rbi-trends-progress-report-121122900021_1.html Credit growth showing signs of recovery, says RBI report Illustration: Binay Sinha Proving sceptics wrong, 2020-21 turned out to be the best in
Recast scheme to stay afloat, says RBI Trend & Progress report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/recast-scheme-to-stay-afloat-says-rbi-trend-progress-report-121122900048_1.html The restructured plan included additional time for repayments, more funding support, and conversion of part of working capital into term credit. Representative image
Amount recovered through various channels dropped in 2020-21: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/amount-recovered-through-various-channels-dropped-in-2020-21-rbi-report-121122900043_1.html The IBC route yielded more than Rs 27,000 crore, while around Rs 27,700 crore was recovered through the SARFAESI Act Representative image In
Asset quality of NBFCs worsens in H1 amid Covid-19 pandemic: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/asset-quality-of-nbfcs-worsens-in-h1-amid-covid-19-pandemic-rbi-report-121122900039_1.html The pandemic posed significant challenges to NBFCs during the first wave (2020) also Representative image The asset quality of non-banking financial companies (NBFCs)
NPS subscribers can soon switch asset allocation 4 times in a year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/nps-subscribers-can-soon-switch-asset-allocation-4-times-in-a-year/article38057615.ece Flexibility on frequency of switches to help subscribers ride market trends: PFRDA You as an NPS subscriber may soon be allowed to switch
Unbankable proposition – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/unbankable-proposition/article38057539.ece TN’s proposal on payments bank needs more clarity While presenting the revised Budget for 2021-22, Tamil Nadu Finance Minister Palanivel Thiaga Rajan indicated
Number of cases of Bank frauds declined in FY21: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/number-of-cases-of-bank-frauds-declined-in-fy21-rbi/article38058179.ece The amount involved in frauds in various banking operations based on the date of occurrence declined to ₹1,38,422 crore in FY21 against ₹1,85,468
₹1.16-lakh crore MSME advances restructured since 2019 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/116-lakh-crore-msme-advances-restructured-since-2019/article38058087.ece Scheduled Commercial Banks (SCBs) have restructured micro, small and medium enterprise (MSME) advances aggregating to ₹1,16,332 crore since January 1, 2019. The total
Public sector banks’ share in credit continues to fall – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/public-sector-banks-share-in-credit-continues-to-fall/articleshow/88555566.cmsSynopsis The share of state-run banks in credit fell for yet another year, continuing a decade-long trend of declines, while top-deck compensation in private
Can the Fed overcome its transitory policy mistake? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-the-fed-overcome-its-transitory-policy-mistake/2391377/ The Fed must now publicly detail why it got its inflation call wrong and must taper its monthly asset purchases faster From March
Fiscal stringency in a time of pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/fiscal-stringency-in-a-time-of-pandemic/article38050168.ece Source for Figures 1-3: Statement on half yearly review of the trends in receipts and expenditure in relation to the budget at the
Send DICGC to rescue troubled banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/send-dicgc-to-rescue-troubled-banks/article38050054.ece Deposit Insurance and Credit Guarantee Corpn can be an independent resolution authority given power and capital In recent years, resolution of troubled financial
Wrong lessons – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/wrong-lessons/article38049990.ece The Centre needs to seriously consider regulating ed-tech companies It is good to know that the Ministry of Education is seized of the
RBI wants full ban on crypto, legal experts say it is too late – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/rbi-wants-full-ban-on-crypto-legal-experts-say-it-is-too-late/articleshow/88533924.cmsSynopsis On Christmas Eve in 2013, the Reserve Bank of India (RBI) had issued a note cautioning Indians about financial, legal and security risks
How to close SBI credit card – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/save/how-to-close-sbi-credit-card/articleshow/88515504.cmsSynopsis An SBI cardholder can close their credit card by writing an e mail, calling customer care and by visiting the branch with a
One more time, babe; End dither – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/one-more-time-babe-end-dither/articleshow/88510760.cmsSynopsis To avoid inconvenience to customers, banks and payment networks must work together to swiftly overcome the technology integration challenges, and launch campaigns to
How MSMEs can improve their credit risk scores – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-how-msmes-can-improve-their-credit-risk-scores/2390163/ Credit and Finance for MSMEs: SME credit risk assessment models typically rely on the 3 Cs approach—capital, character, and capacity. Ensure that key
Towards concrete fintech regulation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/towards-concrete-fintech-regulation/2390051/ Trying to find the right balance between consumer protection and product innovation is a struggle for regulators when looking to govern the fintech
aniltikotekar4sme.com 