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
Category: RBI–Banks
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
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