Clipped from: https://www.thehindubusinessline.com/money-and-banking/will-not-haul-up-rbi-for-declaring-loans-as-npas-says-apex-court/article36279830.ece?homepage=true We are not inclined to exercise our contempt jurisdiction since it is not in the interest of justice: SC Bench “Economy is booming
Category: RBI–Banks
RBI and G-secs market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/management-of-public-debt-and-regulation-of-the-g-sec-market-should-remain-with-the-rbi-for-now/article36256474.ece RBI Governor Shaktikanta Das wants G-Sec managment to remain firmly in the hands of the central bank – REUTERS RBI Governor Shaktikanta Das
Loan-carnival push may yield little: Overall business sentiment needs to improve for credit-growth to regain its mojo – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/loan-carnival-push-may-yield-little-overall-business-sentiment-needs-to-improve-for-credit-growth-to-regain-its-mojo/2319975/ The de-growth was contained as a result of the medium industries segment registering a sharp growth of 54.6% in June 2021. Loans to
Micro-smart loan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-tech/micro-smart-loan/article35923928.ece?homepage=true No matter how desirable financial inclusion is, banks are not going to lend to small-ticket, first-time borrowers because there is no way to
UPI registers robust growth in August – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/upi-registers-robust-growth-in-august/article36219745.ece?homepage=true Logs record 355 crore transactions worth ₹6.39 lakh crore Digital payments continued to grow at a robust pace and touched a new record
Real test of monetary policy is in time of supply shocks: MPC 1.0 member | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/real-test-of-monetary-policy-is-in-time-of-supply-shocks-mpc-1-0-member-121082900425_1.html ‘Our collective decision was to record our views through the MPC minutes and not elsewhere,’ says Chetan Ghate. Chetan Ghate, a member of
P2P lending is for those with a high risk appetite, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/p2p-lending-is-for-those-with-a-high-risk-appetite-say-analysts-121083001188_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Limit lending amount and diversify among borrowers P2P platforms enable lenders to earn a higher rate of interest. Two prominent fintech players recently
Deposit insurance needs overhaul, not tweaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/deposit-insurance-needs-overhaul-not-tweaks/article36208383.ece Aggrieved lot A file picture of protesting PMC Bank depositors – Emmanual Yogini Aggrieved lot A file picture of protesting PMC Bank depositors
Tapering: Is it time for RBI to take Fed-style aggressive action? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/tapering-is-it-time-for-rbi-to-take-fed-style-aggressive-action/articleshow/85778201.cmsSynopsis Interestingly, the Fed may have been the most vocal of all central banks in claiming that current high inflation in the US is
xiaomi: India’s $1 trillion digital loan market is the new battleground for Facebook and Xiaomi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/indias-1-trillion-digital-loan-market-is-the-new-battleground-for-facebook-and-xiaomi/articleshow/85792458.cmsSynopsis Facebook this month said India would be the first country where it rolls out its small business loan program offering loans via a
How Google’s push into Indian retail banking challenges traditional lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/how-google-s-push-into-indian-retail-banking-challenges-traditional-lenders-121083000043_1.html Google Pay wants to push time-deposit products of small Indian banks, breaching banks’ historic moat with tech innovation. Will banking meet the sorry
The liquidity conundrum | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-liquidity-conundrum-121082900849_1.html Only credit growth can help banks to get out of this liquidity drag. That can happen when growth is secured (and not through
No taper tantrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-taper-tantrum-121082900985_1.html India must address risks to financial stability It is now clear that the US Federal Reserve is considering reducing the pace of its asset purchase.
Ball in Centre’s court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ball-in-centres-court/article36103412.ece The RBI may have done all it can to push growth, even as it normalises liquidity to curb inflation In his interview to
Growth needs steps beyond reforms – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/growth-needs-steps-beyond-reforms/article35903267.ece While the reform agenda must continue, social cohesion and equity considerations must be guaranteed The Indian economy has travelled through an eventful period
Public sector banks report sharp slippages in MSME loans in Q1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/public-sector-banks-report-sharp-slippages-in-msme-loans-in-q1/article35879696.ece?homepage=true Covid-19 appears to have impacted small businesses, curtailing their repayment ability In a visible sign of stress in the MSME portfolio, public sector
MSME financing will reach consumer financing level in the next 5 years: U GRO’S Shachindra Nath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-msme-financing-can-reach-consumer-financing-level-in-the-next-five-years/articleshow/85267124.cmsSynopsis The MSME sector contributes almost 35% of the GDP, employs roughly around 8% of the population and has a credit gap of more
Can e-RUPI become the game-changer for digital currency adoption in India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/can-e-rupi-become-the-game-changer-for-digital-currency-adoption-in-india/articleshow/85231288.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DPSynopsis The introduction of e-RUPI will provide a new level to the governance of information technology. It has been met with enthusiasm by cryptocurrency
YES Bank eyes own asset reconstruction company, invites EoIs from investors | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/yes-bank-eyes-own-asset-reconstruction-company-invites-eois-from-investors-121081100633_1.html In April, the RBI formed a 6-member panel headed by Sudarshan Sen, former ED, to carry out a comprehensive review of the working
Gadkari pitches for using RBI’s rising forex reserves for infra development | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gadkari-pitches-for-using-rbi-s-rising-forex-reserves-for-infra-development-121081100924_1.html Gadkari pointed out that he is talking to the World Bank, the Asian Development Bank and the New Development Bank NDB) for infrastructure