Clipped from: https://www.financialexpress.com/money/embedded-finance-making-loans-available-to-new-to-credit-rural-customers/2330006/ Rural credit seekers continue to reel under the high interest rates and unfair practices despite the increase in access to technology. As not
Category: RBI–Banks
Small businesses expect easier credit access, better opportunities with post-Covid govt measures: Survey – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-small-businesses-expect-easier-credit-access-better-opportunities-with-post-covid-govt-measures-survey/2329936/ Ease of Doing Business for MSMEs: A substantial majority of the merchants believed that the government’s move in July this year to include
Loans – You need to submit proof of renovation for top-up home loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-you-need-to-submit-proof-of-renovation-for-top-up-home-loan/2329495/ Even if the loan is transferred to a new service provider, the construction period will remain the same as eight years, being more
Gross NPA of banks likely to cross ₹10 lakh crore by March 2022: Assocham-Crisil study – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gross-npa-of-banks-to-cross-10-lakh-crore-by-march-2022-assocham-crisil-study/article36452200.ece?homepage=true This is expected mainly due to slippages in retail, MSME accounts Banks’ gross non-performing assets (GNPAs) are likely to exceed ₹10 lakh crore
KYC Frauds: RBI cautions public against KYC updation frauds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-cautions-public-against-kyc-updation-frauds/articleshow/86167347.cmsSynopsis The regulator said that the usual modus operandi in such cases include receiving unsolicited calls, emails or messages from unidentified person, urging the
How AA framework empowers consumers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/how-aa-framework-empowers-consumers/article36419869.ece?homepage=true It helps them in getting a consolidated view of their financial assets, providing multiple options to plan better investments Getting a loan could
Hamletian dilemma of monetary policy – The Hindu BusinessLine
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
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,
aniltikotekar4sme.com 