Clipped from: https://economictimes.indiatimes.com/news/economy/policy/licensing-rules-buttress-rbis-credentials-as-a-prudential-referee/articleshow/88029479.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Ashok BhattacharjeeEditor, The Economic TimesSynopsis Entry of Indian industrial houses into banking could boost privatization proceeds, but Mint Road seems to have been
Category: RBI–Banks
RBI report on digital lending: The path ahead for digital lending – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-report-on-digital-lending-the-path-ahead-for-digital-lending/2380232/ RBI working group report takes a balanced view, calling for specific regulatory interventions to reduce concentration risk and eliminate regulatory arbitrage; the report
The Account Aggregator framework can be SME’s UPI. Or is it too early to give credit? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-account-aggregator-framework-can-be-smes-upi-or-is-it-too-early-to-give-credit/articleshow/87994782.cms SynopsisThe RBI’s decision to have an Account Aggregator framework to narrow the credit gap in the MSME sector is praiseworthy. But banks have
Should you invest in government bonds via RBI Retail Direct Gilt scheme? Here are the pros and cons – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/should-you-invest-in-government-bonds-via-rbi-retail-direct-gilt-scheme-here-are-the-pros-and-cons/articleshow/87947022.cmsSynopsis Until now, retail investors took comfort in G-secs indirectly via traditional insurance plans or gilt mutual funds. The RBI Retail Direct platform offers
cgcl: CGCL partners with State Bank of India for co-lending to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cgcl-partners-with-state-bank-of-india-for-co-lending-to-msmes/articleshow/87977648.cmsSynopsis The agreement aims to enhance last-mile finance and drive financial inclusion to MSMEs by offering secured loans between Rs 10 lakh to Rs
IndusInd Bank’s subsidiary defers review of decision to relieve top 2 execs | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indusind-bank-s-subsidiary-defers-review-of-decision-to-relieve-top-2-execs-121112900379_1.html Last week, the bank had said that the two top executives of BFIL cannot be relieved from their positions until the review of
Don’t saddle banks with start-up finance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dont-saddle-banks-with-start-up-finance/article37757637.ece?homepage=true As start-ups fall under ‘high risk, high return’ category, banks cannot risk parking depositors’ money in them It is reported that Prime Minister
Visa complains to US govt about India backing for local rival RuPay | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/visa-complains-to-us-govt-about-india-backing-for-local-rival-rupay-121112800227_1.html Mastercard Inc has raised similar concerns privately with the USTR Modi has promoted homegrown RuPay for years, posing a challenge to Visa and
Right call, RBI: Corporate ownership of banks carries too many risks and central bank did well to avoid it
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/right-call-rbi-corporate-ownership-of-banks-carries-too-many-risks-and-central-bank-did-well-to-avoid-it/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Stable banking | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/stable-banking-121112900014_1.html Mixing financial and industrial power should be avoided The Reserve Bank of India (RBI) has done well not to open up the banking sector for
An open letter to PM Modi | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/an-open-letter-to-pm-modi-121112800908_1.html Dear Prime Minister, your government has brought in transparency in the appointment process of CEOs; capitalised the banks; cleaned their books; and consolidated
In India crypto won’t be the first case of privately issued currencies | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/in-india-crypto-won-t-be-the-first-case-of-privately-issued-currencies-121112700357_1.html Since no one knows exactly what effect these privately issued currencies will have, the government is planning to pass a law on them
Govt to help restart MSMEs which shut down during pandemic: Rane | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-help-restart-msmes-which-shut-down-during-pandemic-rane-121112601379_1.html The Centre is mulling providing help to the micro, small and medium enterprises which were closed during the COVID-19 pandemic and a high-level
Rate action: The Fed must think creatively again – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rate-action-the-fed-must-think-creatively-again/2376178/ By fixating on the risks of a Japanese-style deflation, the Fed all but ignored the possibility of a major upside inflation surprise The
Kinara Capital launches mobile app for MSME collateral-free loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/kinara-capital-launches-mobile-app-for-msme-collateral-free-loans/articleshow/87912199.cmsSynopsis With this app, SMEs can choose to complete the process in their own time. They can contact Kinara’s customer call center directly or
instant loan: Urgent need of Funds? Here is how to obtain instant loan online – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/urgent-need-of-funds-here-is-how-to-obtain-instant-loan-online/articleshow/87923336.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Available for multiple purposes as per requirement, instant personal loans, no physical visit required at branch, it’s just a click away. When an
Timely move – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/robust-regulation-of-digital-lending-is-a-priority-as-it-will-prevent-a-host-of-illegal-activities-loan-service-providers/article37687957.ece Robust regulation of digital lending is a priority, as it will prevent a host of illegal activities The boost given by the Covid-19
RBI tweak will lead to more NPAs for non-banking lenders: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-tweak-will-lead-to-more-npas-for-non-banking-lenders-icra/article37679093.ece Housing finance companies seen among those likely to be hit in the near term The Reserve Bank of India’s modified norms on non-performing
Kerala HC admits petition against Banking Regulation Act amendments – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/kerala-hc-admits-petition-against-banking-regulation-act-amendments/article37683680.ece?homepage=true The petitioners — Tiruvalla East Co-operative Bank and Guruvayur Cooperative Urban Bank — contend that the amendments transgress the provisions of the Kerala
Rate action: The Fed must think creatively again – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rate-action-the-fed-must-think-creatively-again/2376178/ By fixating on the risks of a Japanese-style deflation, the Fed all but ignored the possibility of a major upside inflation surprise The