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.
Category: RBI–Banks
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
Microfinance industry bounces back to pre-Covid levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/microfinance-industry-bounces-back-to-pre-covid-levels/article35852083.ece?homepage=true Records 26 per cent year-on-year growth in loan disbursement disbursing loans worth ₹93,100 crore in the January-March 2021 quarter The microfinance industry is
10 banks come together to set up Secondary Loan Market Association – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/10-banks-come-together-to-set-up-secondary-loan-market-association/article35853331.ece?homepage=true A self-regulatory body, SLMA will look to promote wider participation in the loan market Ten major banks, including State Bank of India (SBI),
Nearly half the loans under ECLGS went to services sector, traders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nearly-half-the-loans-under-eclgs-went-to-services-sector-traders-121081001705_1.html Together, the two sectors account for over Rs 91,000 crore worth of govt-guaranteed loans out of a total of Rs 1.98 trillion Illustration:
Lenders in talks with Future Group to find alternatives – The Financial Express
Clipped from: https://www.financialexpress.com/industry/lenders-in-talks-with-future-group-to-find-alternatives/2308321/ Lenders had been hopeful of a takeover of the company by Reliance Retail before that date The moratorium extended to Future Retail under
High stress: PSBs set aside over 60% of operating profit as provisions – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/high-stress-psbs-set-aside-over-60-of-operating-profit-as-provisions/2308300/ Bankers say the first quarter saw stress mounting in the retail and small business segments as a result of the second Covid wave.
India Inc. vs. RBI: Companies don’t want to reveal loan details to public – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-inc-vs-rbi-companies-dont-want-to-reveal-loan-details-to-public/articleshow/85209698.cmsSynopsis Credit-rating agencies have been mandated to list bank-wise term-loan data availed by borrowers. Companies and banks say it’s a breach of client confidentiality.
RBI may have to change stance soon | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/rbi-may-have-to-change-stance-soon-1018081.htmlReserve Bank of India logo. Credit: PTI Photo It was expected that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)
All you wanted to know about e-RUPI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35822311.ece The government on August 2 launched e-RUPI, a cashless and contactless instrument for digital payment. e-RUPI vouchers are expected to play a big
Supporting growth outweighs inflation unease – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/supporting-growth-outweighs-inflation-unease/article35822693.ece But as economic uncertainty reduces, producers may start hiking prices, pushing up non-food inflation In its August 2021 policy review, the Monetary Policy
RBI signals a turn towards normalisation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-signals-a-turn-towards-normalisation/2306810/ At a time when the Centre is reluctant to spend too much, and a third wave looks likely, affordable interest rates help The
RBI walks the extra mile for growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-walks-the-extra-mile-for-growth/2306825/ While the macro backdrop got further complicated in recent months, RBI’s contra-cyclical policy resolve appears strong Given a stronger global recovery, uptick in
Will revised factoring rules really help the MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-will-revised-factoring-rules-really-help-the-msmes/articleshow/85190605.cmsSynopsis If bankers are reluctant to provide working capital loans to cash-strapped MSMEs, what is in it for them to fund MSMEs through factoring?
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