https://www.business-standard.com/companies/news/lic-ordered-to-pay-rs-50-lakh-to-covid-policy-premium-payer-s-family-124083001250_1.html Clipped from: https://www.business-standard.com/companies/news/lic-ordered-to-pay-rs-50-lakh-to-covid-policy-premium-payer-s-family-124083001250_1.html The commission fined LIC Rs 50 lakh for violating its own guidelines, which require policy issuance within 15 days of receiving premium
Competition for deposits but no rate war, says SBI chief C S Setty | Company News – Business Standard
https://www.business-standard.com/companies/news/competition-for-deposits-to-continue-for-some-time-sbi-chairman-cs-setty-124083001050_1.html Clipped from: https://www.business-standard.com/companies/news/competition-for-deposits-to-continue-for-some-time-sbi-chairman-cs-setty-124083001050_1.html SBI is aiming to get 90 per cent of its retail unsecured loans from the digital channels, going forward, Setty said Mumbai:
India’s GDP growth slows to 5-quarter low of 6.7% in April-June quarter | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/india-s-gdp-growth-slows-to-5-quarter-low-of-6-7-in-april-june-quarter-124083001339_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-gdp-growth-slows-to-5-quarter-low-of-6-7-in-april-june-quarter-124083001339_1.html But gross value added growth picks up pace in Q1; rains, lower inflation may help in consumption recovery Representative Picture Listen to
Electronics 5th largest export commodity; growing 23% annually: Meity | News – Business Standard
https://www.business-standard.com/industry/news/electronics-5th-largest-export-commodity-growing-23-annually-meity-124083001419_1.html Clipped from: https://www.business-standard.com/industry/news/electronics-5th-largest-export-commodity-growing-23-annually-meity-124083001419_1.html “Surprisingly for many, it has become 5th largest commodity being exported from India,” offiicial said Listen to This Article Electronics has become
Forex reserves rise by $7 billion to hit record high of $681.69 billion | Finance News – Business Standard
https://www.business-standard.com/finance/news/forex-reserve-rises-by-7-billion-to-hit-record-high-of-681-69-billion-124083001003_1.html Clipped from: https://www.business-standard.com/finance/news/forex-reserve-rises-by-7-billion-to-hit-record-high-of-681-69-billion-124083001003_1.html The overall reserves had jumped by $4.546 billion to $674.664 billion in the previous reporting week India’s reserve position with the IMF
Pharma’s bitter pill: Falling API prices signal Chinese predatory play
https://www.business-standard.com/industry/news/pharma-s-bitter-pill-falling-api-prices-signal-predatory-play-by-china-124083001281_1.html Clipped from: https://www.business-standard.com/industry/news/pharma-s-bitter-pill-falling-api-prices-signal-predatory-play-by-china-124083001281_1.html An industry expert pointed out that Chinese companies typically resort to predatory pricing whenever API production increases in India Representative Picture Prices
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
Retail asset quality, deposits key challenges for new SBI chairman
https://www.business-standard.com/companies/news/retail-asset-quality-deposits-key-challenges-for-new-sbi-chairman-124082701243_1.html Maintaining loan growth momentum, protecting margins may not be easy as interest rate cycle changes Challa Sreenivasulu Setty The banking system in India is
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’
Editorial. Sound compromise – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sound-compromise/article68568575.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sound-compromise/article68568575.ece UPS addresses concerns of both employees and the fisc The new Unified Pension Scheme (UPS) rolled out by the Centre is a
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