Clipped from: https://www.financialexpress.com/money/blockchain-how-it-plays-a-crucial-role-in-assessment-of-credit-risk-in-borrowers/2339726/ Digital currencies played a crucial role in powering the growth of the FinTech industry while giving a push to the widespread adoption of
Category: RBI–Banks
sanjeev sanyal: India has fiscal resources and monetary space for more government intervention if needed: Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/india-has-fiscal-resources-and-monetary-space-for-more-government-intervention-if-needed-sanjeev-sanyal/articleshow/86584731.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India would like to invest in infrastructure rather than transfer money in the hope of reviving the economy, principal economic adviser Sanjeev Sanyal
DHFL lenders set to mark ₹37,400 crore recovery this week, the biggest among NPAs this fiscal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/dhfl-lenders-set-to-mark-37400-crore-recovery-this-week-the-biggest-among-npas-this-fiscal/articleshow/86572541.cmsSynopsis Lenders led by State Bank of India (SBI) are set to log recoveries of ₹37,400 crore this week, as Piramal Capital and Housing
monetary policy committee: Ex-RBI Guv Subbarao suggests 3 ways to improve functioning of Monetary Policy Committee – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/ex-rbi-guv-subbarao-suggests-3-ways-to-improve-functioning-of-monetary-policy-committee/videoshow/86558656.cms Dr Duvvuri Subbarao was one of the last few RBI Governors who was solely in charge of setting the country’s benchmark interest rates.
Cryptocurrency — the time to act is now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/cryptocurrency-the-time-to-act-is-now/article36698939.ece Crypto moves While regulating this asset class, policymakers must keep in mind the challenges they pose – REUTERS Crypto moves While regulating this
Why Factoring Amendment Bill 2021 purported to benefit MSMEs needs special attention – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-why-factoring-amendment-bill-2021-purported-to-benefit-msmes-needs-special-attention/2338240/ Credit and Finance for MSMEs: Factoring helps businesses to monetize their receivables quickly and tackle cash-flow problems conveniently and in time. All MSEs
How good is the bad bank | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-good-is-the-bad-bank-121092601061_1.html The key to the success of the bad loan experiment will be IDRCL’s management team and the incentive structure. It could recover more
Why we shouldn’t abandon asset monetisation plan–Michael Pinto writes–Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/asset-monetisation-plan-indian-economy-7536157/ Michael Pinto writes: Critics overstate pitfalls, and hold it up to unreasonable standards Finance Minister Nirmala Sitharaman (PTI/File) In our present polarised atmosphere,
Bad bank will merely camouflage NPAs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bad-bank-will-merely-camouflage-npas/article36683732.ece?homepage=true NARCL does not have the expertise to recover the transferred NPAs The government has announced the setting up of the National Asset Reconstruction
Why liquidity is paramount for a business – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-why-liquidity-is-paramount-for-a-business/2337194/ A business may be very profitable but have a cash crunch which can bring its activities to an abrupt halt Companies and corporate
Are bad banks really good? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/are-bad-banks-really-good/2338952/ As India recovers from its hardest ever economic hit due to Covid-19 the challenges going to be faced by the Bad Bank are
HDFC Bank Loan Policy: HDFC Bank’s loan restructuring 2.0 policy: Terms and conditions, eligibility, charges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/hdfc-banks-loan-restructuring-2-0-policy-terms-and-conditions-eligibility-charges/articleshow/86548784.cmsSynopsis Various banks have announced the terms and conditions for availing their loan restructuring 2.0. Here is a look at the FAQs of HDFC
New Credit Card Rules: Recurring card payments to be affected as new credit, debit card rules kick in from October 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/recurring-card-payments-to-be-affected-as-new-credit-debit-card-rules-kick-in-from-october-1/articleshow/86552869.cmsSynopsis This move by RBI can take growth in recurring payment mandates off the charts even though there might be disruptions in the short
India needs 4-5 more SBI sized big banks, says FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/india-needs-4-5-more-sbi-sized-banks-says-fm-nirmala-sitharaman-121092600374_1.html There is an urgent need to scale up banking to meet the growing needs of the industry, she said Finance Minister Nirmala Sitharaman
Rupee Coop Bank depositors oppose DICGIC decision to pay Rs 5 lakh to account holders of stressed coop banks – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rupee-coop-bank-depositors-oppose-dicgic-decision-to-pay-rs-5-lakh-to-account-holders-of-stressed-coop-banks/2337802/ Besides PMC, the large banks include Rupee Cooperative Bank, Kapol Cooperative Bank, Maratha Coop Bank, and City Coop Ban, all from Maharashtra. Rupee
RBI permits lenders to sell fraud loans to ARCs, paves way for resolution | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-permits-lenders-to-sell-fraud-loans-to-arcs-paves-way-for-resolution-121092401209_1.html Legal onus regarding reporting, monitoring, filing of complaints with law enforcement agencies will move to the ARCs post the transfer Photo: Shutterstock The Reserve
bad bank: The good, bad & agla steps: Looks like there’s only one way India’s bad bank could work – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-commentary/the-good-bad-agla-steps-looks-like-theres-only-one-way-indias-bad-bank-could-work/articleshow/86491357.cmsSynopsis The bad bank should not be a one-off deal to clean up bank books. Loans will grow, new bad loans will creep in,
Mispricing of risks a concern: SBI chairman Dinesh Kumar Khara – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/mispricing-of-risks-a-concern-sbi-chairman-dinesh-kumar-khara/articleshow/86484994.cmsSynopsis SBI chairman Dinesh Kumar Khara said that idea of bad bank is different from what used to be asset reconstruction companies in the
Cryptocurrency india: RBI ex-Guv Subbarao explains why RBI is anxious about cryptocurrencies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/rbi-ex-guv-subbarao-explains-why-rbi-is-anxious-about-cryptocurrency/articleshow/86475029.cmsSynopsis In an interview with ETMarkets.com, former RBI Governor Dr D Subbarao said RBI’s concerns over cryptocurrencies like Bitcoin are three-fold. MUMBAI: The Reserve
RBI revamps loan transfer and securitisation rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-revamps-loan-transfer-and-securitisation-rules/articleshow/86483409.cmsSynopsis These are part of the sweeping changes the regulator announced in the loan transfer as well as securitisation rules in order to improve
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