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
Category: RBI–Banks
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?
Centre, not RBI, can help fight inflation | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/centre-not-rbi-can-help-fight-inflation-1016799.html A joint decision-making process between the two policymakers, the RBI and the Union Ministry of Finance, is the need of the hour Representative
RBI’s sanguine stance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-sanguine-stance/article35801898.ece Monetary policy defuses fears over inflation, growth In line with market expectations, the RBI has kept the policy rates steady. But the differentiator
Tightrope walk: The Hindu Editorial on reining in inflation and RBI’s credibility – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/tightrope-walk-the-hindu-editorial-on-reining-in-inflation-and-rbis-credibility/article35804852.ece The RBI should not undermine its own credibility by delaying steps to rein in inflation Governor Shaktikanta Das’s statement accompanying the RBI’s latest policy
Banks stare at higher provisioning as Voda-Idea singes books – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-stare-at-higher-provisioning-as-voda-idea-singes-books/article35803722.ece?homepage=true Banks may go for pre-emptive provisioning in the next couple of quarters to insulate their balance sheet from the possible impact of troubles
Tentative beginning | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tentative-beginning-121080800872_1.html RBI’s position is still fraught with risks As widely expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) left the policy rate and
Everything you want to know about CBDC | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/everything-you-want-to-know-about-cbdc-121080800919_1.html The central bank digital currency will neither substitute nor compete with cryptocurrency; it’s just a wallet. Period Ever since the Reserve Bank of India Deputy
Whatever it takes: But for how long? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/whatever-it-takes-but-for-how-long-121080700047_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The Governor clearly stated that the RBI remains in ‘whatever it takes’ mode, referring to the desire to support the fledgling recovery In
Indian bankers in talks as court rulings threaten over $6 billion in loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-bankers-in-talks-as-court-rulings-threaten-over-6-billion-in-loans/articleshow/85152461.cmsSynopsis Any failure to recoup the money adds to stress in the banking sector, which is already dealing with an increased level of bad
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