Clipped from: https://www.thehindubusinessline.com/news/national/now-another-tool-for-sbi-to-resolve-stress/article34521272.ece Bank pursuing board approval for policy framework on pre-packs, says MD State Bank of India sees the recently-introduced pre-packaged insolvency resolution process (PPIRP)
Patently right – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/patently-right/article34521760.ece US support for a waiver of IP on vaccines comes at the right time and must be pushed through at WTO The United
Total balance in Jan Dhan accounts goes down by ₹2,787 crore in April – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/total-balance-in-jan-dhan-accounts-goes-down-by-2787-crore-in-april/article34521372.ece?homepage=true Rural spread of Covid, loss of earnings driving withdrawals For the first time in the last eight months, total balance in Pradhan Mantri
With banks blindsided by Covid-19, incidence of fraud may well have gone up | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/with-banks-blindsided-by-covid-19-incidence-of-fraud-may-well-have-gone-up-121050900804_1.html RBI’s supervisory load has also gone up, with both non-banking financial companies and urban co-operative banks coming under closer scrutiny The shadow of
What happens to investments when the holder dies without nominating anyone? | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/what-happens-to-investments-when-the-holder-dies-without-nominating-anyone-121050701160_1.html Your family could face difficulties as getting a succession certificate from the court is easier said than done Image: iStock The second wave
GST exemption on vaccines will lead to high prices: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-exemption-on-vaccines-will-lead-to-high-prices-fm-sitharaman-121050900899_1.html Statement follows West Bengal CM Mamata Banerjee’s letter to PM seeking GST exemption Union Minister of Finance and Corporate Affairs Nirmala Sitharaman Finance
There’s a weak link between economy and market, says Jitendra Gohil | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/there-s-a-weak-link-between-economy-and-market-says-jitendra-gohil-121050900764_1.html The next trigger for a sell-off can be if we go into a nationwide lockdown to curb the virus, but the probability of
India needs more women finance professionals | Business Standard Others
Clipped from: https://www.business-standard.com/article/opinion/india-needs-more-women-finance-professionals-121050900771_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 In the new economy, home is also a workspace. Because a household is a microcosm of an economy, women have had the training
MFIs, banks need to revisit micro-loan pricing: CreditAccess Grameen MD | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/mfis-banks-need-to-revisit-micro-loan-pricing-creditaccess-grameen-md-121050900781_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Udaya Kumar Hebbar comes across as a contrarian when he says that the industry has learnt to navigate lockdowns Udaya Kumar Hebbar, Managing
The indifferent market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-indifferent-market-121050900840_1.html The expectation that restrictions may last weeks and not months explains the market’s apparent casual view of the pandemic Despite the scary increase
RBI in Impossible Trinity but ready with reserves, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-in-impossible-trinity-but-ready-with-reserves-say-economists-121050900931_1.html The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange
An asymmetric story: Big steelmakers mint money as smaller ones struggle | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/from-tata-to-jsw-steel-an-asymmetric-story-of-india-s-steel-industry-121050900889_1.html Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are
Why stock markets are resilient now | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-stock-markets-are-resilient-now-121050900834_1.html If the earnings slow, interest rates rise or there is an external shock, the market will fall sharply One of the most baffling
Enduring pain | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/enduring-pain-121050900816_1.html Decline in income and employment will increase hardship The loss of life and livelihood continues to mount relentlessly. Health infrastructure, which anyway had
Why Citibank is selling its consumer business in India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-citibank-is-selling-its-consumer-business-in-india-121050900852_1.html It’s a strategic decision by Citigroup’s new CEO, not a reflection on its India operations. Regulators’ displeasure and investors’ ire are behind it
National Asset Reconstruction Company to be operational next month: IBA CEO – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/national-asset-reconstruction-company-to-be-operational-next-month-iba-ceo/2248707/ National Asset Reconstruction Company Ltd (NARCL), the name coined for the bad bank announced in the Budget 2021-22, is expected to be operational
Fintechs pick up MDR tab, enjoy merchant’s float – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/fintechs-pick-up-mdr-tab-enjoy-merchants-float/2248754/ Industry sources said BharatPe and Paytm are among the companies offering this form of settlement. Emails sent to the two companies did not
rt pcr report: Some Indians, including well-off ones, forging negative RT-PCR reports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/some-indians-including-well-off-ones-forging-negative-rt-pcr-reports/articleshow/82490609.cmsSynopsis Forgery of an RT-PCR test is punishable under IPC and under disaster management acts. Lawyers say IPC sections can include 419 (punishment for
COVID-19: GST on vaccines in interest of manufacturers and citizens, says FM Sitharaman–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/covid-19-gst-on-vaccine-in-interest-of-manufacturers-and-citizens-says-fm-sitharaman/story/438643.html Sitharaman said exemption from GST for domestic supplies and commercial import of vaccines, COVID drugs and oxygen concentrators will increase the price of
Nursing from Home, is the future – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/specials/pulse/nursing-from-home-is-the-future/article34506253.ece?homepage=true India’ health care sector is battling a major crisis. By now, hundreds of millions of people have learned to live through lockdowns, quarantines,
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