Clipped from: https://www.business-standard.com/article/economy-policy/narcl-will-have-economies-of-scale-with-respect-to-bad-asset-aggregation-121091601351_1.html The long overdue facilitation via NARCL comes at a time when banks’ appetite for credit needs to be supported, as the economy turns
Category: RBI–Banks
Edelweiss says open to buying stressed assets from ‘bad bank’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/edelweiss-says-open-to-buying-stressed-assets-from-bad-bank/article36742456.ece?homepage=true ARC arm mulls raising over $1.3 b for NPA purchases Far from seeing the National Asset Reconstruction Company Ltd (NARCL), the so-called bad
CBDCs make tangible progress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/cbdcs-make-tangible-progress/articleshow/86622255.cmsSynopsis Suppose there were a non-dollar digital currency that maintains a relatively stable value and can be used to settle payments that do not
It’s the government, not RBI, which will decide when to start tapering | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/it-s-the-government-not-rbi-which-will-decide-when-to-start-tapering-121092900092_1.html Experts need to look at things that have a bearing on the forthcoming elections, namely, food price inflation and the output gap, especially
The big bank idea | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-big-bank-idea-121092901478_1.html India needs more efficient financial entities Finance Minister Nirmala Sitharaman said last week that India needed four or five banks of State Bank of India’s
SBI loan restructuring 2.0: Terms, who is eligible, how to apply – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/sbis-loan-restructuring-2-0-terms-who-is-eligible-how-to-apply/articleshow/86578916.cmsSynopsis The country’s largest public sector lender, State Bank of India (SBI) has released the guidelines adopted by the bank with regard to implementation
Govt extends Emergency Credit Line Guarantee Scheme till March 31, 2022 – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/govt-extends-emergency-credit-line-guarantee-scheme-till-march-31-2022-307995-2021-09-29 Last date of disbursement under the scheme extended to June 30, 2022; the move follows demands raised by entities seeking extension of support
Fintechs need to be regulated, says RBI deputy governor T Rabi Sankar – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/fintechs-need-to-be-regulated-says-rbi-deputy-governor-t-rabi-sankar/2339890/ Banks bridge temporal gaps in requirement of money by providing liquidity services, Sankar said, as they are uniquely placed by dint of their
Blockchain: How it plays a crucial role in assessment of credit risk in borrowers? – The Financial Express
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
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
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