RBI’s new credit risk standards are game changer for Indian economy

https://www.business-standard.com/opinion/columns/rbi-s-new-credit-risk-standards-are-game-changer-for-indian-economy-124082500539_1.html lipped from: https://www.business-standard.com/opinion/columns/rbi-s-new-credit-risk-standards-are-game-changer-for-indian-economy-124082500539_1.html A well-executed model risk management framework can give a lender precise credit assessment, improve customer trust and edge over competition Listen to

SBI’s Dinesh Khara era ends, his successor CS Setty has new challenges | Expert Views – Business Standard

https://www.business-standard.com/opinion/columns/sbi-s-dinesh-khara-era-ends-his-successor-cs-setty-has-new-challenges-124082500363_1.html Clipped from: https://www.business-standard.com/opinion/columns/sbi-s-dinesh-khara-era-ends-his-successor-cs-setty-has-new-challenges-124082500363_1.html With Dinesh Khara’s legacy of stock market’s love for State Bank of India, his successor CS Setty faces the task of sustaining

60% households earning Rs 5 lakh+ live in top 150 Indian districts: Report | India News – Business Standard

https://www.business-standard.com/india-news/60-households-earning-rs-5-lakh-live-in-top-150-indian-districts-report-124082700758_1.html Clipped from: https://www.business-standard.com/india-news/60-households-earning-rs-5-lakh-live-in-top-150-indian-districts-report-124082700758_1.html The report has measured growth of districts based on a district potential index (DPI) score covering socio-economic indicators like income distribution and

Five most overbought SME IPOs of 2024 see 1100x demand amid frenzy

https://www.business-standard.com/markets/ipo/five-most-overbought-sme-ipos-of-2024-see-1100x-demand-amid-frenzy-124082701114_1.html Clipped from: https://www.business-standard.com/markets/ipo/five-most-overbought-sme-ipos-of-2024-see-1100x-demand-amid-frenzy-124082701114_1.html Bets exceed Rs 65,000 crore even as these firms looked to raise a cumulative Rs 60 crore The Rs 7-crore IPO of

Microloan asset quality faces strain as heatwaves, loan waiver rumours bite | Finance News – Business Standard

https://www.business-standard.com/finance/news/micro-loan-asset-quality-deteriorates-in-april-june-quarter-sa-dhan-124082700721_1.html lipped from: https://www.business-standard.com/finance/news/micro-loan-asset-quality-deteriorates-in-april-june-quarter-sa-dhan-124082700721_1.html Asset portfolio shrinks sequentially; Growth seen moderating by 2-3 percentage points in FY25 (Photo: Shutterstock) Listen to This Article The asset quality

Rs 25 lakh loan at 5% needed for middle-class homebuyers: Naredco president | Finance News – Business Standard

https://www.business-standard.com/finance/news/rs-25-lakh-loan-at-5-needed-for-middle-class-homebuyers-naredco-president-124082700715_1.html Clipped from: https://www.business-standard.com/finance/news/rs-25-lakh-loan-at-5-needed-for-middle-class-homebuyers-naredco-president-124082700715_1.html Around 30% of Indians are unable to afford home loan EMIs at current rates, says G Hari Babu (Photo: Shutterstock) Amid rising

Loan recovery: How banks blot their own copybook – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/loan-recovery-how-banks-blot-their-own-copybook/article68569618.ece Clipped from: https://www.thehindubusinessline.com/opinion/loan-recovery-how-banks-blot-their-own-copybook/article68569618.ece By overlooking the net interest margin earned while the loan was standard, banks create an inflated perception of losses when calculating ‘haircuts’

TRAI New Rules on OTP: How Trai’s new rules may cause OTP delays for you starting Sept 1 | News – Business Standard

https://www.business-standard.com/industry/news/how-trai-s-new-rules-may-cause-otp-delays-for-you-starting-sept-1-124082600504_1.html Clipped from: https://www.business-standard.com/industry/news/how-trai-s-new-rules-may-cause-otp-delays-for-you-starting-sept-1-124082600504_1.html Trai has ordered telecom companies to stop transmitting messages containing URLs, OTT links, APK files, or call-back numbers unless they have been

IBBI proposes mandatory disclosure of MSME status in insolvency proceedings to boost transparency – BusinessToday

https://www.businesstoday.in/latest/policy/story/ibbi-proposes-mandatory-disclosure-of-msme-status-in-insolvency-proceedings-to-boost-transparency-442883-2024-08-24 Clipped from: https://www.businesstoday.in/latest/policy/story/ibbi-proposes-mandatory-disclosure-of-msme-status-in-insolvency-proceedings-to-boost-transparency-442883-2024-08-24 The Insolvency and Bankruptcy Code, 2016, exempts resolution applicants for MSMEs from the disqualification criteria in certain cases and the pre-packaged insolvency

Can Titan’s ₹1 lakh crore dream sparkle amid challenges? – BusinessToday – Issue Date: Sep 01, 2024

https://www.businesstoday.in/magazine/deep-dive/story/can-titans-rs1-lakh-crore-dream-sparkle-amid-challenges-442219-2024-08-20 Clipped from: https://www.businesstoday.in/magazine/deep-dive/story/can-titans-rs1-lakh-crore-dream-sparkle-amid-challenges-442219-2024-08-20 C.K. Venkataraman, Managing Director, Titan Company (Photo: Hardik Chhabra) Branded jewellery was a novelty in 1994, when Titan launched the Tanishq jewellery

Govt slashes down drawback rates on exports of gold, silver jewellery | Commodities – Business Standard

https://www.business-standard.com/markets/commodities/govt-slashes-down-drawback-rates-on-exports-of-gold-silver-jewellery-124082400699_1.html Clipped from: https://www.business-standard.com/markets/commodities/govt-slashes-down-drawback-rates-on-exports-of-gold-silver-jewellery-124082400699_1.html On the export of gold jewellery, the drawback rate has been brought down to Rs 335.5 from Rs 704.1 per gram of

‘400 mn more women required in workforce to contribute $14 trn to economy’ | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/400-mn-more-women-required-in-workforce-to-contribute-14-trn-to-economy-124082400520_1.html Clipped from: https://www.business-standard.com/economy/news/400-mn-more-women-required-in-workforce-to-contribute-14-trn-to-economy-124082400520_1.html As the country aims to become a $ 30 trillion economy by 2047, the report highlights the need for a substantial increase

SBI chief sees growing loan book, lower deposit growth not a challenge – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/sbi-chief-sees-growing-loan-book-lower-deposit-growth-not-a-challenge/article68559329.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sbi-chief-sees-growing-loan-book-lower-deposit-growth-not-a-challenge/article68559329.ece Bank using excess SLR to support loan growth, says Dinesh Khara Even as the Reserve Bank of India and the Finance Ministry have expressed

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