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
Category: RBI–Banks
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
Insufficient balance, wrong PIN top reasons for failed digital transactions | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insufficient-balance-wrong-pin-top-reasons-for-failed-digital-transactions-121122700487_1.html Only 1.7 per cent of transactions are declined due to technical reasons such as connectivity issues. Nearly ten per cent of Indian digital transactions are
RBL’s Vishwavir Ahuja: A case of RBI discomfort with influential bankers | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbl-s-vishwavir-ahuja-a-case-of-rbi-discomfort-with-influential-bankers-121122700532_1.html The Kohlapur-based lender turned swanky and state-of-the-art under him but the quick growth attracted central bank’s scrutiny. Vishwavir Ahuja, former managing director and
What’s next for RBL Bank? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/whats-next-for-rbl-bank/article38043997.ece?homepage=true RBL Bank’s stock will be tested on Monday in the wake of two developments — RBI appointing an additional director on the Bank’s
Why is the Indian rupee weakening – The Hindu
Clipped from: https://www.thehindu.com/data/data-why-is-the-indian-rupee-weakening/article38031477.ece?homepage=true Indian rupee’s exchange rate slid past the 76-per-U.S.-dollar-mark on December 16 as trade gap widened and foreign investors pulled out funds from equities
RBL’s Vishwavir Ahuja: A case of RBI discomfort with influential bankers | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbl-s-vishwavir-ahuja-a-case-of-rbi-discomfort-with-influential-bankers-121122700532_1.html The Kohlapur-based lender turned swanky and state-of-the-art under him but the quick growth attracted central bank’s scrutiny. Vishwavir Ahuja, former managing director and
Goodbye shadow banking | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/goodbye-shadow-banking-121122600953_1.html Bad loans in some NBFCs will definitely rise but no one should complain. They are no longer shadow banks Early this year, the
Corporate-promoted NBFCs can have 15% stake in banks, with increase in cap | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/corporate-promoted-nbfcs-can-have-15-stake-in-banks-with-increase-in-cap-121122401318_1.html Banking experts said the move to increase non-promoter shareholding would help lenders with greater access to capital According to experts, the decision to
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