Clipped from: https://www.thehindubusinessline.com/opinion/hamletian-dilemma-of-monetary-policy/article36415600.ece?homepage=true Thanks to the uncertainties, it is rational for the MPC to support the incipient recovery and be dovish on the projected inflation In
Category: RBI–Banks
Large-scale privatisation of banks will hurt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/govt-owned-banks-not-only-provide-tremendous-comfort-level-to-depositors-but-also-render-services-at-affordable-cost/article36416057.ece?homepage=true Govt-owned banks not only provide tremendous comfort level to depositors but also render services at affordable cost It has been reported that while
Can you bank on neobanks? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/can-you-bank-on-neobanks/article36403063.ece?homepage=true If technologically inclined, you might be doing your banking through digital-only platforms. But is the online model bang for the buck? Here’s our
To solve a Rs 5-lakh-crore problem for small businesses, India needs innovative solutions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/to-solve-a-rs-5-lakh-crore-problem-for-small-businesses-india-needs-innovative-solutions/articleshow/86158719.cmsSynopsis The challenges that MSMEs face are multi-faceted and therefore, policy makers should also embrace greater diversity in solutions that supplement the efforts already
PayU: An INR35,000 crore question: can BillDesk acquisition help PayU lead the payments race? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/an-inr35000-crore-question-can-billdesk-acquisition-help-payu-lead-the-payments-race/primearticleshow/86122631.cms SynopsisThough BillDesk is not a new-age payment provider with lending and other businesses, its focus on fundamentals and deeply entrenched position among utility-payment
New vistas for Indian banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/new-vistas-for-indian-banks-121091300026_1.html As low credit offtake dents earning, Indian banks are exploring fresh avenues to lend. This is the only way to avoid mispricing of
Bank loans to NBFCs grow slower as credit to small lenders dries up – The Financial Express
Clipped from: https://www.financialexpress.com/industry/bank-loans-to-nbfcs-grow-slower-as-credit-to-small-lenders-dries-up/2328866/ Credit outstanding to non-bank lenders has been growing in the low single digits through much of the current year, with banks’ NBFC book
Restored normalcy in PSU banks hamstrung by sticky bad assets: Finance minister Nirmala Sitharaman – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/restored-normalcy-in-psu-banks-hamstrung-by-sticky-bad-assets-finance-minister-nirmala-sitharaman/2328886/ The Centre, apart from infusing required capital, monitored the PSU banks with regular assessment and reviews while taking prompt corrective actions. She said
Cryptos may revolutionise micro payments, but we are not there yet, says Raghuram Rajan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/cryptos-may-revolutionise-micro-payments-but-we-are-not-there-yet-says-raghuram-rajan/articleshow/86137933.cmsSynopsis The former RBI governor said the notion that cryptocurrencies are more reliable than fiat currencies was a little overstretched. There is a limited
The impossible task of taming the rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/the-impossible-task-of-taming-the-rupee/article36365287.ece Managing the currency, even with capital controls & pro-active monetary policy, is a big ask. Why not allow the rupee to rise? Most
Four things you may not know about P2P lending – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/four-things-you-may-not-know-about-p2p-lending/article36404029.ece?homepage=true Before you experiment with this latest fad, be aware of how these loan products work With interest rates on bank deposits at rock-bottom,
If inflation remains elevated, Monetary Policy Committee could lose credibility. This must be avoided | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/gdp-data-economic-fallout-second-wave-pandemic-covid-19-7501670/ If inflation continues to stay elevated, the MPC risks losing credibility vis-a-vis achieving its objective of price stability, which could lead to the
NCLAT admits Dhoot’s petition against Anil Agarwal’s Twin Star takeover bid | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclat-admits-dhoot-s-petition-against-anil-agarwal-s-twin-star-takeover-bid-121091100615_1.html The appellate tribunal has issued notices to the resolution professional, lenders and Twin Star Technologies directing them to file a reply by September
rbi: How credit, debit card customers benefit from the latest RBI amendment on tokenisation – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/wealth/save/how-credit-debit-card-customers-benefit-from-the-latest-rbi-amendment-on-tokenisation/videoshow/86060591.cmsBy Shambhavi Mehrotra, ET Online | 09 Sep 2021, 01:31 PM ISTPost a Comment The Reserve Bank of India (RBI) has amended its tokenisation framework. Earlier,
Bitcoin may hit $100,000 by early next year: Standard Chartered – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-may-100000-by-early-next-year-standard-chartered/articleshow/86061084.cmsSynopsis The bank also said it “structurally” valued Ethereum, the second-most traded crypto asset, at $26,000-$35,000 although to reach that level bitcoin would have
Shaktikanta Das: Banks’ NPAs stable in June quarter, look manageable; IBC needs improvement: RBI Governor Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-npas-stable-in-june-quarter-look-manageable-ibc-needs-improvement-rbi-governor-shaktikanta-das/articleshow/86072286.cmsSynopsis RBI Governor Shaktikanta Das said banks have capital buffers of over 16 per cent while the same for NBFCs is at 25 per
Nithin Kamath | Crypto: Crypto could be the biggest threat to brokers and exchanges, says Nithin Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-could-be-the-biggest-threat-to-brokers-and-exchanges-says-nithin-kamath/articleshow/86068368.cmsSynopsis “I don’t think it will be another stock brokerage firm or a new stock exchange (which will disrupt the broking industry). It will
National security considerations to dictate India’s cryptocurrency policy: Jayant Sinha – BusinessToday
Clipped from: https://www.businesstoday.in/crypto/story/national-security-considerations-to-dictate-indias-cryptocurrency-policy-jayant-sinha-306279-2021-09-09 “We have to be very watchful about what happens to these crypto assets and cryptocurrencies. Use of these kind of crypto instruments in
RBI Governor Shaktikanta Das: Need more credible answers on cryptos’ contribution to Indian economy – The Financial Express
Clipped from: https://www.financialexpress.com/market/rbi-governor-shaktikanta-das-need-more-credible-answers-on-cryptos-contribution-to-indian-economy/2327394/ “We have conveyed our serious and major concerns to the government about cryptocurrencies from the point of view of financial stability. It is
The impossible task of taming the rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/the-impossible-task-of-taming-the-rupee/article36365287.ece?homepage=true Managing the currency, even with capital controls & pro-active monetary policy, is a big ask. Why not allow the rupee to rise? Most