Clipped from: https://www.business-standard.com/article/companies/ola-electric-ties-up-with-banks-fin-institutions-for-loans-to-customers-121090600874_1.html The company, which had last month launched the Ola S1 electric scooter in two variants — S1 and S1 Pro — at prices
Category: RBI–Banks
Not being depositor-friendly costs PSBs trillions | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/not-being-depositor-friendly-costs-psbs-trillions-1026063.html Public Sector Banks started to play with renewal terms on deposits, lost 9% of the market share Representative Image. Credit: PTI File Photo
Editorials News, Articles and Analysis | Hindustan Times
Clipped from: https://www.hindustantimes.com/editorials/the-revolutionary-potential-of-account-aggregators-101630933783333.htmlPREMIUM PREMIUMeditorials The revolutionary potential of account aggregators By HT EditorialUPDATED ON SEP 06, 2021 06:40 PM ISTThe benefits are clear — easy access
Inflation fears: Monetary policy at crossroads – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-fears-monetary-policy-at-crossroads/2324415/ That there is now a reduced degree of confidence over demand-side inflation pressures remaining quiescent is highly debatable Or, if average inflation has
Reimagining credit for MSME borrowers – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reimagining-credit-for-msme-borrowers/2324422/ The question of “Am I creditworthy?” is changing to “Who can understand my creditworthiness?” This technology-driven transition is visible in every step of
Transparency push: No more arm-twisting by banks for lockers – The Financial Express
Clipped from: https://www.financialexpress.com/money/transparency-push-no-more-arm-twisting-by-banks-for-lockers/2323588/ Banks can only obtain from customers a time deposit that covers three years’ rent and charges for breaking open the locker Also, customers
Indians embrace digital: Over 300 mn smartphone users use digital payments | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/indians-embrace-digital-over-300-mn-smartphone-users-use-digital-payments-121090500826_1.html From ‘tankhwa’ and ‘kiraya’, for ‘shagun’ and ‘jugaad’, digital payment is a pan-India habit More than 300 mn Indian smartphone users now use
Tie-ups like Equitas-Google Pay can significantly disrupt payments sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tie-ups-like-equitas-google-pay-can-significantly-disrupt-payments-sector-121090500807_1.html With Covid-19 putting the brakes on bank lending, fintech players have begun to give banks serious competition Imaging: Ajay Mohanty The Indian financial sector went
Public sector banks and corporate governance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/public-sector-banks-and-corporate-governance-121090500859_1.html Ten out of 11 nationalised banks don’t have a chairman. Most bank boards don’t have adequate number of non-official directors Last week, Shanti
Payments Banks want RBI to hike max day end deposit balance to ₹5 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/payments-banks-want-rbi-to-hike-max-day-end-deposit-balance-to-5-lakh/article36301530.ece?homepage=true Payments Banks (PBs) want the Reserve Bank of India (RBI) to up the maximum end of the day balance a customer can maintain
Madhya Pradesh High Court stays RBI notification on UCBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/madhya-pradesh-high-court-stays-rbi-notification-on-ucbs/article36309886.ece?homepage=true Petitioner argued that the RBI’s order ‘lacks authority’; more pleas likely in courts The Reserve Bank of India (RBI) may need to introspect
Loan delinquencies materially increased in SME, retail segments; NPLs may jump 50% in 2 years: Moody’s – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-loan-delinquencies-materially-increased-in-sme-retail-segments-npls-may-jump-50-in-2-years-moodys/2318358/ Credit and Finance for MSMEs: The retail and SME NPL ratio has increased at most banks rated by Moody’s. This included Punjab National
Why the RBI must rethink reverse repo rate – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/why-the-rbi-must-rethink-reverse-repo-rate-305825-2021-09-03 A continuously optimised Reverse Repo Rate (RRR) will ensure that money supply is channelled to the system without hindrance and is not subject
How Account Aggregators can help you get the best loan, insurance or investment deals – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/banking/story/how-account-aggregators-can-help-you-get-the-best-loan-insurance-or-investment-deals-305792-2021-09-02 Account Aggregator is like an exchange platform between banks and institutions sharing the data. It consolidates all the financial data in one place
Will not haul up RBI for declaring loans as NPAs, says Apex Court – The Hindu BusinessLine
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
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
aniltikotekar4sme.com 