As on June 16, currency in circulation was Rs 15.29 lakh cr, or 86.2% of pre-note ban level
It adds that banks could be hiding some of the fraud cases, masking these as bad debt
The time-bound nature of the bankruptcy code, envisaging resolution within 180 to 270 days, would put enormous pressure on the existing judicial infrastructure.
The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore
To spur war among lenders to grab existing loans
While Indians don't buy property during May-September due to the holidays/rains/ religious reasons, buyers should scout for property now.
Monitor how long the high cash position lasts. If it lasts for a month or two, it is fine. But if it continues for a couple of quarters, seek your advisor's opinion on whether to exit the fund.
While you can always correct them, the sooner you do it the better it is for you, says Sanjay Kumar Singh
'With technology advancing rapidly, the need for branches is declining.'
'If you retain your account with the EPFO for 10 years, you get a life-long pension.'
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
Sanjay Kumar Singh draws up a mediclaim policy checklist.
'Indian non-bank lenders stand exposed to a deteriorating credit quality environment.' 'Such a deterioration could put at risk the value of NCDs purchased by the mutual funds and expose investors in bond and liquid funds to a risk of capital loss.'
Experts say you may invest in small-sized funds and benefit from their nimbleness.
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.