By Tejas Goenka The GST Council in its 22nd meeting held in October last year, had decided that the e-way bill under GST will shall
Stressed banks need a market for assets–Economic Times–14.02.2018
Public sector banks (PSBs), led by the biggest lender, State Bank of India, have been declaring huge losses for the December quarter. Collectively, 30 banks
A de-stress call for MSME financing – The Financial Express–Tata Capital–14.02.2018
Data from various credit bureaus and the reported earnings of different companies reveal a prevalence of stressed loans to small businesses. Traditionally, lending to small
RBI’s move to bar all debt-recast programmes will delay recovery: India Inc | Business Standard News–14.02.2018
Corporate leaders on Tuesday said the Reserve Bank of India’s (RBI’s) move to bar all corporate debt-recast programmes and send them to the National Company
Sustained improvement in rural sentiments | Business Standard Column–14.02.2018
The Union Budget was received with substantial enthusiasm in rural India and with an equal dismay in urban India. This is what we observed on
FRDI Bill: Centre offers to set a new cap on deposit cover – Business Line–14.02.2018
Reflecting a change of mind, the Centre has conveyed to a joint committee of Parliament deliberating on the Financial Resolution and Deposit Insurance Bill that
RBI’s new debt resolution framework could increase bank NPAs – Business Line–14.02.2018
The RBI’s new debt resolution framework could result in an increase in non-performing assets of banks, and consequently, in a heavier provisioning burden. The reason:
Cakes and ail: Modicare promises Rs 5 lakh health insurance for 100 million families 😜–Economic Times–14.02.2018
Two villagers all agog about the benefits which will accrue to them thanks to Modicare. 1st villager: Our PM has outdone that American president who
IIP is up. Will more jobs follow? Deccan Chronicle–14.02.2018
The December figure for industrial production at 7.1 per cent, compared to November’s 8.8 per cent, signals the need to pay attention to job creation
Insolvency and Bankruptcy Code: RBI withdraws CDR, SDR, S4A, JLF schemes to restructure defaulted loans – The Economic Times–13.02.2018
The Reserve Bank of India has scrapped numerous loan restructuring programmes prevalent among banks to restructure defaulted loans and made resolution of defaults time bound
NPA resolution: One size doesn’t fit all | Business Standard Column–13.02.2018
The sizeable and growing problem of non-performing assets in the banking books is a national concern. Policy makers, banking regulators and the banking system have
Exporters claiming higher drawback must submit self-declaration | Business Standard News–13.02.2018
For all exports made with effect from July 1, 2017 for which higher rate of drawback is claimed, exporters have to submit the self-declaration in
IBC has changed the way banks, firms work: Sanyal – Business Line–13.02.2018
Twesh Mishra The implementation of the Insolvency and Bankruptcy Code (IBC) has started cleaning up the loan disbursal process and even the the nature of
Unending pain: On SBI’s Q3 loss – The Hindu–13.02.2018
If the financial performance of India’s largest lender is anything to go by, an end to the severe bad loans crisis may be much farther
RBI To Have Additional Instrument For Liquidity Management – BW Businessworld–13.02.2018
The Reserve Bank will soon have greater flexibility in terms of managing its liquidity operations with the addition of one more tool ‘Standing Deposit Facility
RBI notifies revised framework to deal with bad loans – BW Businessworld–13.02.2018
The Reserve Bank of India today came out with a revised framework for expeditious resolution of bad loans, harmonising the existing guidelines with the norms
SBI reports divergence of Rs 23,239 crore, joining likes of HDFC Bank, Axis Bank, Yes Bank–13.02.2018
Last Friday, the State Bank of India, the country’s largest bank, reported its first quarterly loss in 17 years, shocking analysts who were busy predicting
GST Council: GST return simplification panel to meet industry this week – The Economic Times–12.02.2018
The government appointed panel on GST returns under GSTN chairman Ajay Bhushan Pandey will meet industry and traders this week to seek their views on
Government measures to ensure MSMEs become growth engine: DFS secretary – The Economic Times–12.02.2018
A slew of recent measures, including tax concessions in the budget, for micro, small and medium enterprises (MSMEs) has been taken with an aim to
For healthcare, Budget 2018 gifts a jumla, says P Chidambaram – The Financial Express–12.02.2018
So many questions have been asked about the Union Budget for 2018-19. Let me ask one on the Central government’s expenditure. What does the government spend