Clipped from: https://www.deccanherald.com/opinion/panorama/mudra-more-hype-than-actual-impact-1046109.html The government is still in the same excitement as it believes and maintains that PMMY (Pradhan Mantri MUDRA Yojana) has been a tremendous
Category: RBI–Banks
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/small-medium-issue-economic-recovery-gaining-steam-but-low-income-groups-demand-msmes-are-concerns/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
E-rupee a gamechanger? Central bank digital currencies have some little-known downsides. RBI needs to assess them
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/e-rupee-a-gamechanger-central-bank-digital-currencies-have-some-little-known-downsides-rbi-needs-to-assess-them/ When you hold a hundred rupee note in your hand, you will see a pledge by the RBI Governor: “I promise to pay
Three cheers and three challenges | Business Standard Column
An open letter to Reserve Bank of India Governor Shaktikanta Das Dear Governor, Congratulations. You are not the first governor to get an extension but
In a first, personal loans beat credit to industry – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/in-a-first-personal-loans-beat-credit-to-industry/articleshow/87443603.cms Representative photo: PTIMUMBAI: The share of personal loans in bank credit has for the first time overtaken overall loans to the industry sector during the
IBA welcomes proposed staff accountability norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/iba-welcomes-proposed-staff-accountability-norms/article37271151.ece?homepage=true Revised norms from April 1, 2022, a morale booster, says the association Our Bureau The Finance ministry’s decision to ask Public Sector Banks (PSBs)
Taking a closer look at money supply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/taking-a-closer-look-at-money-supply/article37270351.ece?homepage=true For an understanding of inflation, observing money supply growth as opposed to just reserve money growth, is very important Milton Friedman said in
Why gold loans continue to glitter in these trying times – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-gold-loans-continue-to-glitter-in-these-trying-times/article37268187.ece?homepage=true As economy unlocks, micro enterprises, individuals are turning to gold loans for working capital, personal needs Gold accounts for a large proportion of
How to make MSMEs credit ready through supply chain financing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-to-make-msmes-credit-ready-through-supply-chain-financing/articleshow/87388836.cmsSynopsis Over 70% of the funds needed by small business is in the form of working capital. The current set of loan products offered
Bank ownership in hands of corporates not desirable: ex-SBI chairman Rajnish Kumar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-ownership-in-hands-of-corporates-not-desirable-ex-sbi-chairman-rajnish-kumar/articleshow/87403225.cmsSynopsis Allowing corporates to own banks in the country is not desirable due to the likely risks of related party transactions, former State Bank
Fintechs in a happy space – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fintechs-in-a-happy-space/article37179165.ece The market is growing and investments are flowing in India’s fintech firms have taken giant strides in the past half-a-dozen years in transforming
Careful on CA convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/careful-on-ca-convertibility/2357458/ Big, sudden foreign capital outflows can disrupt markets To be sure, we have come a long way since then; today, domestic residents can
RBI exempts borrowers with less than Rs 5-crore bank loans from ambit of current accounts circular – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-exempts-borrowers-with-less-than-rs-5-crore-bank-loans-from-ambit-of-current-accounts-circular/2359851/ FE had reported on September 4 that the Indian Banks’ Association (IBA) had requested the RBI to exempt accounts held by the government
Extension given to the RBI governor is good for the markets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extension-given-to-the-rbi-governor-is-good-for-the-markets-121102900516_1.html While it is true that institutions are more important than the person, ideology and approach of Governors of central banks are important Madan
RBI eases current account opening rules for exposure below Rs 5 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-eases-current-account-opening-rules-for-exposure-below-rs-5-cr-121102901642_1.html Rules changed after feedback from the Indian Banks’ Association and other stakeholders, says the regulator Borrowers to inform lenders when credit facilities availed
Capping the fizz – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-is-right-to-curb-nbfcs-offering-ipo-funding-it-distorts-price-discovery-and-skews-ipo-allotment/article37165068.ece RBI is right to curb NBFCs offering IPO funding. It distorts price discovery and skews IPO allotment Following up on its January discussion
Things to consider before availing loans under BNPL scheme – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/top-story/story/things-to-consider-before-availing-loans-under-bnpl-scheme-310121-2021-10-22 Given access to easy money, there is a risk of getting carried away. Here are a few things you should know before shopping
It will need greater clarity over durability of recovery for RBI to firm up its moves towards policy normalisation
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committee-rbi-economy-growth-7590564/ The withdrawal of policy support is likely to be gradual with the process playing out at multiple levels — beginning with normalisation of
Why Reserve Bank has ‘shocked’ Srei | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-reserve-bank-has-shocked-srei-121101800017_1.html It seems that the RBI had very little choice as the promoters did not infuse fresh capital, make adequate provisioning and improve corporate
Held for fraud, DHFL promoters Wadhawans bought business jet, floated offshore companies | Express Exclusive News,The Indian Express
Clipped from: https://indianexpress.com/article/express-exclusive/pandora-papers-wadhawans-dhfl-7574199/ DHFL promoters Kapil Wadhawan and his brother Dheeraj Wadhawan were put behind bars last year and owe Indian banks more than Rs 88,000
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