Clipped from: https://www.business-standard.com/article/finance/banks-need-additional-70-bn-to-back-5-trn-gdp-sbi-s-dinesh-khara-121122300070_1.html Banks would continue to play a critical role in meeting the needs of corporations Dinesh Kumar Khara, SBI Chairman The Indian banking system will need
Category: RBI–Banks
Technology is causing disruptions in banking, says K V Kamath | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/technology-is-causing-disruptions-in-banking-says-k-v-kamath-121122200851_1.html Kamath recognised the great transition done by the banks over the last two years during the pandemic, however, the only issue is about
Is India safe from US Fed’s tapering spree? Arvind Panagariya decodes – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-commentary/is-india-safe-from-us-feds-tapering-spree-arvind-panagariya-decodes/articleshow/88439913.cmsSynopsis Why should India and other emerging market economies (EMEs) care what the US does to its money supply? The short answer is that
Merchants to RBI: Not prepared, extend tokenisation deadline | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/rbi-tokenisation-deadline-merchants-7686073/ If implemented in the present state of readiness, the new RBI mandate could cause major disruptions and loss of revenue, especially for merchants,
Jayanth Varma: ‘No longer appropriate to stick to policy stance’ | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/jayanth-varma-rbi-monetary-policy-7686076/ “I believe that monetary policy is no longer the right instrument to deal with the Covid-19 pandemic whose economic effects (as opposed to
IT raids on 4 ARCs: Banks may become wary about selling NPAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/it-raids-on-4-arcs-banks-may-become-wary-about-selling-npas/article38003717.ece Bankers fear old cases of NPA sale to ARCs being opened up Bankers may baulk at selling bad loans to asset reconstruction companies
Bank NPA analysis: NPA situation is turning favourable for banks; will it sustain? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/npa-situation-is-turning-favourable-for-banks-will-it-sustain/articleshow/88391607.cms SynopsisA study shows the gross NPAs of almost all private and PSU banks have stabilised in the September ’21 quarter as the post-second
IBC: Time is right for stressed asset investors to play a more meaningful role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/ibc-time-is-right-for-stressed-asset-investors-to-play-a-more-meaningful-role/articleshow/88405503.cmsSynopsis The Insolvency and Bankruptcy Code was enacted in 2o16 but its yet to gain popularity. The stressed asset market in India is estimated
Recovery chances look slim for Rs 20,000 crore of micro loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/recovery-chances-look-slim-for-rs-20000-crore-of-micro-loans/articleshow/88415574.cmsSynopsis Microfinance lenders including banks and small finance banks may find it difficult to recover about Rs 20,000 crore worth of loans, which will
FII selling makes rupee Asia’s worst-performing emerging market currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/fii-selling-makes-rupee-asias-worst-performing-emerging-market-currency/articleshow/88407482.cmsSynopsis The currency declined 1.9% this quarter as global funds pulled $4.2 billion of capital out of the country’s stock market, the most among
PCA Framework for NBFCs brings further parity with banks in terms of regulations: Ind-Ra – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/pca-framework-for-nbfcs-brings-further-parity-with-banks-in-terms-of-regulations-ind-ra/article37995499.ece The move also establishes a regulatory course of action in an event of a breach of certain parameters, thus acting as an early
Regulating NBFCs, the banking way – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/regulating-nbfcs-the-banking-way/article37998990.ece RBI extending the PCA framework to shadow banks will prompt them to implement best business, risk-management practices In a strategic move, the RBI
RBI rushes in to cut the Rupee’s sudden drop, likely bought $5 bn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rbi-rushes-in-to-cut-the-rupees-sudden-drop-likely-bought-5-bn/articleshow/88397013.cmsSynopsis The Indian Rupee rebounded from an 18-month low last week after the central bank sold dollars in the spot and futures market. The
RBI’s Dec 31 deadline on tokenization: What does it mean for you? – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/rbis-dec-31-deadline-on-tokenization-what-does-it-mean-for-you/2384402/ With tokenization, the entities involved in the transaction do not have to memorise what the card entails on either end since it is
Average value of UPI, RuPay transactions below Rs 2000, marking stagnancy | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/average-value-of-upi-rupay-transactions-below-rs-2000-marking-stagnancy-121122000704_1.html Digital transactions have increased many times, but their average ticket size is not growing for the domestic payments card. Last week, the government
Interpretation of ARC maladies | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/interpretation-of-arc-maladies-121121901029_1.html Regulatory oversight and supervision of ARCs need a revamp and, like other regulated entities, rogue ARCs should be punished A December 14 late
RBI cautions banks’ chiefs on risk involved in cryptocurrency trade | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rbi-cautions-banks-chiefs-on-risk-involved-in-cryptocurrency-trade-121121800034_1.html The central bank, on the other hand, has been vocal against crypto currencies RBI Governor Shaktikanta Das recently said the central bank’s concern
Waller backs March Fed liftoff, Daly sees two or three 2022 hikes | Business Standard News
Clipped from: https://www.business-standard.com/article/international/fed-s-waller-backs-march-fed-liftoff-daly-sees-two-or-three-2022-hikes-121121800458_1.html Fed Chair Jerome Powell and his colleagues agreed on Wednesday to double the pace at which they wind down their bond-buying program, putting
In favour of complete ban on cryptos: RBI to Central Board – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/in-favour-of-complete-ban-on-cryptos-rbi-to-central-board/articleshow/88350099.cmsSynopsis The government had listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, for introduction in the Lok Sabha in the winter
tokenisation: Either type out your 16 digit card number or tokenise it to pay online from Jan 1, 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/either-type-out-your-16-digit-card-number-or-tokenise-it-to-pay-online-from-jan-1-2022/articleshow/88338791.cmsSynopsis Banks and other payment companies are asking their customer to either opt for tokenising their card details or type out full details each
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