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
Category: RBI–Banks
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
Policy rate cuts transmission higher for depositors than borrowers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/policy-rate-cuts-transmission-higher-for-depositors-than-borrowers/article37477594.ece With the rate cycle expected to turn sooner than later, further benefits to borrowers seem unlikely while depositors can look forward to better
Retail Direct scheme: A tiny step in a big direction – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-tiny-step-in-a-big-direction/articleshow/87673457.cmsSynopsis If the government were serious about drawing retail investors to the government bond market, it would allow gilts to be traded on stock
RBI asks banks not to standardise bad loans on just getting interest payments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-asks-banks-not-to-standardise-bad-loans-on-just-getting-interest-payments/articleshow/87672712.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Issuing some clarifications to all the extant provisions and including the ones issued on October 1, 2021, on the prudential norms on income
Restrictions put on Laxmi Coop Bank, Solapur; Rs 1,000 cap on withdrawals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/restrictions-put-on-laxmi-coop-bank-solapur-rs-1000-cap-on-withdrawals/articleshow/87672824.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23NEXT STORY RBI asks banks not to standardise bad loans on just getting interest payments Synopsis Issuing some clarifications to all the extant provisions
RBI’s retail direct gilt scheme: How to invest and what’s in it for you? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/rbis-direct-retail-gilt-scheme-how-to-invest-and-whats-in-it-for-you/articleshow/87666162.cmsSynopsis The scheme is aimed at facilitating investment by retail investors in gilts by improving ease of access and providing a direct portal for
Window for surplus dollar required: MNC banks to RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/window-for-surplus-dollar-required-mnc-banks-to-rbi/articleshow/87676477.cmsSynopsis These banks, which act as custodians for foreign portfolio investors (FPIs), fear a dollar pile-up could cause a breach of regulatory exposure limits
Watch | PM Modi launches RBI Retail Direct scheme. What is it about? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/watch-pm-modi-launches-rbi-retail-direct-scheme-what-is-it-about/article37455794.ece?homepage=true The RBI Retail Direct Scheme will help ease retail investors’ access to the government securities market. The RBI Integrated Ombudsman Scheme will help
Managing cryptocurrencies | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/managing-cryptocurrencies-121111101856_1.html Govt must address regulatory concerns Given the huge surge of trading interest in cryptocurrencies, the government needs to create a regulatory framework for