Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/people-vs-banks-will-the-common-man-benefit-as-the-transparency-fight-enters-the-last-leg/primearticleshow/86787645.cms SynopsisThe RBI and banks are believed to be working on ways to give better public disclosure. A draft will be presented to the
Category: RBI–Banks
RBI Policy: Right move to hold rates, stance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rbi-policy-right-move-to-hold-rates-stance/articleshow/86877337.cmsSynopsis It was right and bold on the MPC’s part to suggest the way to tackle the spike in fuel prices is to lighten
Srei firms found ever-greening NPAs, in payment default – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/srei-firms-found-ever-greening-npas-in-payment-default/article36885428.ece As on March 31, 2020, Srei Infra had a negative CRAR of 3.4% against the regulatory requirement of 15% Concerns over ever-greening of
Asset quality back to pre-Covid levels: Axis Bank MD & CEO Amitabh Chaudhry | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/asset-quality-back-to-pre-covid-levels-axis-bank-md-ceo-amitabh-chaudhry-121100701543_1.html ‘The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner’, said Chaudhry Amitabh Chaudhry, managing director and chief executive
Srei’s great leap back underlines high-risk nature of NBFC business | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/srei-s-great-leap-back-underlines-high-risk-nature-of-nbfc-business-121100701407_1.html In the past three decades, the Kanorias have weathered many a crisis, including the NBFC crisis of the 1990s and the global financial
Monetary policy: Is it time for the RBI to bite the bullet on interest rates? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/monetary-policy-is-it-time-for-the-rbi-to-bite-the-bullet-on-interest-rates/articleshow/86850026.cmsSynopsis The RBI has been patient and optimistic about inflation so far. But the ripples of inflationary speculation are beginning to be felt in
Not yet time to raise policy rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/mpc-not-yet-time-to-raise-policy-rates/articleshow/86848973.cmsSynopsis The policy response appropriate for inflation caused by excess demand would be wholly unsuited for inflation caused by supply disruptions and a spike
SREI group’s financial health withered well before pandemic, says RBI order – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/srei-financial-health-group-withered-well-before-pandemic-says-rbi-order/articleshow/86843251.cmsSynopsis The regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provisioning (IRACP), ever-greening of loans and
SREI group’s financial health withered well before pandemic, says RBI order – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/srei-financial-health-group-withered-well-before-pandemic-says-rbi-order/articleshow/86843251.cmsSynopsis The regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provisioning (IRACP), ever-greening of loans and
Subramanian Swamy: SC refuses to entertain plea of BJP MP Subramanian Swamy for guidelines to check rising NPAs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/sc-refuses-to-entertain-plea-of-bjp-mp-subramanian-swamy-for-guidelines-to-check-rising-npas/articleshow/86840336.cmsSynopsis At the outset, BJP MP Subramanian Swamy, who appeared in person, said that his petition deals with the issues of ever-rising NPAs in
Fixed vs floating home loan interest rate: Which one should you opt for? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/fixed-vs-floating-home-loan-interest-rate-which-one-should-you-opt-for/articleshow/86702431.cmsSynopsis A fixed rate home loan in which the interest rate is pre-fixed for the tenure of the loan provides a known cash outflow
Professional Loan: What it is, who can opt for it – Here’s all you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/money/professional-loan-what-it-is-who-can-opt-for-it-heres-all-you-need-to-know/2345565/ Attractive lower interest rates, flexible loan tenure, low processing fees and a completely digitally-enabled platform make these types of loans an ideal tool
‘We want to have more ‘buy now, pay later’ customers than any card company’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/we-want-to-have-more-buy-now-pay-later-customers-than-any-card-company/article36873310.ece Upasana Taku, co-founder, chairperson and COO, MobiKwik – BUSINESS LINE Upasana Taku, co-founder, chairperson and COO, MobiKwik – BUSINESS LINE× MobiKwik co-founder Upasana
Bitter, but essential, medicine for Srei – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/bitter-but-essential-medicine-for-srei/articleshow/86790445.cmsSynopsis India needs a separate framework for resolving financial intermediaries, and not use IBC meant for resolving the bad loans of non-financial debtors for
Moody’s affirms ratings of 9 Indian banks, changes outlook to stable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/moodys-affirms-ratings-of-9-indian-banks-changes-outlook-to-stable/articleshow/86808528.cmsSynopsis Moody’s also affirmed the long-term local and foreign currency deposit ratings of Bank of Baroda, Canara Bank, Punjab National Bank and Union Bank
Srei lenders, second casualty of IL&FS implosion, now await a tense future – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/srei-lenders-second-casualty-of-ilfs-implosion-now-await-a-tense-future/articleshow/86804718.cms SynopsisThe woes of both the beleaguered DHFL and Srei entities arise from the collapse of IL&FS. The liquidity crisis after the collapse of
Indians usher in this festive season with higher bills, looming inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indians-usher-in-this-festive-season-with-higher-bills-looming-inflation/articleshow/86811945.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Surging fuel prices and the possibility of a severe coal shortage in the country – which have intensified the fear of inflation- also
How Bad Banks will help boost credit flow to economy – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/how-bad-banks-will-help-boost-credit-flow-to-economy-308621-2021-10-06 Unless the economy struck by pandemic, recently, and policy shocks in the recent past, goes on the path of “dream run”, credit demand
RBI: People vs. banks: Will the common man benefit as the transparency fight enters the last leg? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/people-vs-banks-will-the-common-man-benefit-as-the-transparency-fight-enters-the-last-leg/primearticleshow/86787645.cms SynopsisThe RBI and banks are believed to be working on ways to give better public disclosure. A draft will be presented to the
monetary policy: Deepening energy crisis raises inflation alarm as RBI meets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/deepening-energy-crisis-raises-inflation-alarm-as-rbi-meets/articleshow/86800039.cmsSynopsis While gains in consumer prices are, for now, within the Reserve Bank of India’s 2%-6% target range, the core measure — which strips