Clipped from: https://www.business-standard.com/article/opinion/is-the-worst-behind-indian-banks-121112101035_1.html Bankers are seeing better days ahead with expectations of a pickup in credit growth in the next few quarters as corporate India readies
Category: RBI–Banks
SBI yet to refund Rs 164 cr undue fee charged from Jan Dhan a/c holders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-yet-to-refund-rs-164-cr-undue-fee-charged-from-jan-dhan-a/c-holders/articleshow/87831076.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A report by IIT-Mumbai said that during April 2017 to September 2020, SBI had collected over Rs 254 crore towards at least 14
Joint bank account not mandatory for spouse pension, says govt | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/joint-bank-account-not-mandatory-for-spouse-pension-says-govt-121112000856_1.html A joint bank account with spouse is however desirable, the govt said Joint bank account is not mandatory for spouse pension, the government
Gold loans business is not a bed of roses, say Muthoot Finance Chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/gold-loans-business-is-not-a-bed-of-roses-say-muthoot-finance-chief/article37574213.ece?homepage=true George Alexander Muthoot on more players getting into the gold loans biz means vindicating its biz model honed over last eight decades. Gold
Banks need a tight framework, say experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-need-a-tight-framework-say-experts/article37601204.ece?homepage=true To cover all aspects of venture funding so as to safeguard bankers’ interests Prime Minister Narendra Modi’s vision for banks to support start-ups
RBI’s guidelines on lockers need a rethink – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/burden-on-banks/article37565239.ece The RBI has issued revised guidelines which comes to effect from January 1, 2022 While deciding the case ‘Amitabha Dasgupta vs United Bank
Strengthening financial sector | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/strengthening-financial-sector-121111801536_1.html Governance in the banking system needs to be improved The Reserve Bank of India (RBI) intervened at various levels to contain the impact of Covid-induced
RBI is right, need to move with caution on cryptocurrencies – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-is-right-move-with-caution-on-cryptocurrencies/2372012/ The underlying tech may be transformative, but cryptos’ impact on financial markets needs clarity Depending on what form cryptocurrencies take on in India,
Your Money: Why debt collection needs to be smart & easy – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-why-debt-collection-needs-to-be-smart-easy/2371951/ When customers are empowered by digital experiences specific to their needs, the debt collection process is seamless and pain-free It is time for
Burden on banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/burden-on-banks/article37565239.ece?homepage=true RBI’s guidelines on lockers need a rethink While deciding the case ‘Amitabha Dasgupta vs United Bank of India’ on February 19, 2021, the
All that is dubious about crypto currencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/all-that-is-dubious-about-crypto-currencies/article37564644.ece?homepage=true Need of the hour The growing popularity of cryptocurrencies calls for a serious study into the issue – REUTERS Need of the hour
RBI working group warns on digital lending by big tech players | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-working-group-warns-on-digital-lending-by-big-tech-players-121111900028_1.html The working group has recommended the formation of a nodal agency & SRO for digital lending apps Big tech firms have a big
Strengthening financial sector | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/strengthening-financial-sector-121111801536_1.html Governance in the banking system needs to be improved The Reserve Bank of India (RBI) intervened at various levels to contain the impact of Covid-induced
Digital Lending: RBI working group recommends separate law to prevent illegal digital lending activities – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/digital-lending-rbi-working-group-recommends-separate-law-to-prevent-illegal-digital-lending-activities-312680-2021-11-18 The sudden mushrooming of digital lending apps and other modes has forced the RBI to look at the entire ecosystem of lending which
Sidbi, Google tie-up to support MSMEs – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/sidbi-google-tie-up-to-support-msmes/article37556167.ece This partnership with GIPL brings a corpus of $15 million (around ₹110 crore) to micro, small and medium enterprises (MSMEs) as a crisis
Banks shouldn’t only be pleasing investors – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banks-shouldnt-only-be-pleasing-investors/2371318/ RBI watching banks’ strategic decision-making closely will red-flag systemic risks As Das said, banks must exhibit prudent risk-taking behaviour and use their capital
To stop dancing when the music stops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/to-stop-dancing-when-the-music-stops/articleshow/87766641.cmsSynopsis There could be short-term losses, but in the medium term, the Indian economy’s prospects remain bright and strong companies will drive the nation’s
Amber on economy: on the latest data on inflation – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/amber-on-economy-on-the-latest-data-on-inflation/article37529459.ece Policymakers must focus on inflation as high prices will put at risk the revival of demand The latest data on inflation, both in
Can we view complainants on social media as social auditors?–Times of India
Clipped from: https://timesofindia.indiatimes.com/blogs/ecopinion-by-atul/can-we-view-complainants-on-social-media-as-social-auditors/Atul Atul has 19 years of experience in the field of banking, financial inclusion, macroeconomic analysis, and market research. Statistical and financial analysis have
How is invoice funding helping small businesses and Suppliers?-Times of India
Clipped from: https://timesofindia.indiatimes.com/blogs/voices/how-is-invoice-funding-helping-small-businesses-and-suppliers/ There are different segments that contribute to India’s economic development. Similarly, micro, small, and medium enterprises (MSME) contribute 30% of the country’s GDP through
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