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
Category: RBI–Banks
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
Unnecessary intervention | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unnecessary-intervention-121111601549_1.html No tax benefit needed for retail bond investors The Reserve Bank of India (RBI) is reportedly contemplating approaching the Union government to ask for tax benefits for retail
Crypto may be allowed as asset, not as currency; legislation being finalised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/crypto-may-be-allowed-as-asset-not-as-currency-legislation-being-finalised/articleshow/87748049.cmsSynopsis The government is finalising legislation that will pave the way for regulation of crypto asset trading while barring the use of virtual currencies
Promoting G-Secs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/promoting-g-secs/article37525453.ece?homepage=true G-Secs as a retail investment option is a good idea; tax breaks will make them more attractive The launch of the Retail Direct
Time to clear the air on cryptos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-clear-the-air-on-cryptos/article37525821.ece?homepage=true The regulators must take a pragmatic call on cryptos, by offering confidence around the legality of the asset class and its usage The
PMC Bank: Proposed scheme of amalgamation could be a test case for RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pmc-bank-proposed-scheme-of-amalgamation-could-be-a-test-case-for-rbi/article37517815.ece?homepage=true Will the central bank treat retail deposit and individual bulk deposit on an equal footing vis-a-vis withdrawal? The proposed amalgamation of the scam-hit
Banks’ strategies, business models under RBI lens: Shaktikanta Das | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-strategies-business-models-under-rbi-lens-shaktikanta-das-121111700025_1.html Boards’ role in challenging management proposal critical: Das RBI Governor Shaktikanta Das The Reserve Bank of India (RBI) has started taking a close look at
Banks’ strategies, business models under RBI lens: Shaktikanta Das | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-strategies-business-models-under-rbi-lens-shaktikanta-das-121111700025_1.html Boards’ role in challenging management proposal critical: Das RBI Governor Shaktikanta Das The Reserve Bank of India (RBI) has started taking a close look at
When RBI warns about something, listen: Governor Das on cryptocurrencies | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/when-rbi-warns-about-something-listen-governor-das-on-cryptocurrencies-121111601280_1.html In his speech, the RBI governor had alarmed a few bankers, especially the private ones, by stating the RBI is watching closely banks
Could the rupee’s perma-bear run be coming to an end? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/could-the-rupees-perma-bear-run-be-coming-to-an-end/2370595/ It appears the lazy cocktail party forecasts of 100 to the dollar may become ephemeral. Significantly, thus far, global investors have been showing
Microfinance sector: Average collection efficiency improves to 95% in Q2 from 85% in Q1 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/microfinance-sector-average-collection-efficiency-improves-to-95-in-q2-from-85-in-q1/2370586/ Asset quality of the lenders of the sector improved on a sequential basis with portfolio at risk (PAR) above 30 days falling to
RBI Governor bats for crypto ban, says it could cause serious financial instability – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-governor-bats-for-crypto-ban-says-it-could-cause-serious-financial-instability/articleshow/87740256.cmsSynopsis “The technology (blockchain) is more than 10 years old, it did not come yesterday. The technology will grow and can grow without cryptos,”
Rates to remain benign, corp credit revival likely in 4-6 months: SBI chief | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rates-to-remain-benign-corp-credit-revival-likely-in-4-6-months-sbi-chief-121111400989_1.html In a Q&A, the lender’s chairman Dinesh Khara says the banking system awaits a restructuring proposal from Vodafone-Idea Dinesh Kumar Khara, Chairman, SBI
Banks’ core earnings face heat from poor credit growth, low yields on loans | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-core-earnings-face-heat-from-poor-credit-growth-low-yields-on-loans-121111300017_1.html Their gross interest income shrank for second consecutive quarter in Q2FY22 while their core earnings, or pre-provisioning profit, were down 1.5% YoY Banks continue
4 ways to financially secure your child’s future – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/4-ways-to-financially-secure-your-childs-future/article37474755.ece This Children’s Day, help your child take that first step towards financial awareness. Here are some ways to save and invest Children’s Day