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
Category: RBI–Banks
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
What is tokenisation of debit and credit cards? – The Hindu
Clipped from: https://www.thehindu.com/business/explained-what-is-tokenisation-of-debit-and-credit-cards/article38027437.ece The RBI in March last year came up with new rules to enhance the security of online transactions made using debit and credit
Do Indians need insurance for bank deposits? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/do-we-need-insurance-for-bank-deposits/article38023494.ece India needs to move to a risk-adjusted premium model so investors are more aware of the risks At an event last week to
Enabling SME financing: The three pronged market-led solutions that can make a difference – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/enabling-sme-financing-the-three-pronged-market-led-solutions-that-can-make-a-difference/articleshow/88466542.cmsSynopsis As per an IFC report, SMEs take up a miniscule 6-7% credit share and face a credit gap of close to $1.1 trillion.
Govt imposes stock holding limits on soymeal till June 2022 to tame prices | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-imposes-stock-holding-limits-on-soymeal-till-june-2022-to-tame-prices-121122400584_1.html Soymeal millers, processors can hold stocks only up to their 90 days of production, says circular. After clamping down on futures trading in
What is Securitisation? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/current-affairs/what-is-securitisation-121122300042_1.html RBI changed the norms for securitisation of assets this year. The holding period before an asset is securitised was reduced from 12 months
Building a brave new world of banking | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/building-a-brave-new-world-of-banking-121122301442_1.html The differentiated banking model, therefore, has been far from convincing and may take more time to stabilise The recent press release by the
ARCs in spotlight – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/arcs-in-spotlight/article38022443.ece The charges levelled by tax authorities against ARCs are serious and may require RBI to act, if they’re true From their inception in
Govt’s credit guarantee scheme crosses Rs 3 lakh cr mark in loans sanctioned to MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-msme-credit-guarantee-scheme-crosses-rs-3-lakh-cr-mark-in-loans-sanctioned/2387813/ Credit and Finance for MSMEs: The guarantee coverage by NCGTC is provided to member lending institutions with respect to the credit given by
