Anup Roy And Nikhat Hetavkar

Stories by Anup Roy And Nikhat Hetavkar

RBI asks NBFCs to boost high quality liquid assets

RBI asks NBFCs to boost high quality liquid assets

Rediff.com   25 May 2019

An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.

YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana Kapoor

YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana Kapoor

Rediff.com   17 May 2019

YES Bank said that it has not paid any bonus to Kapoor for FY17 and FY18. He drew a salary of Rs 6.48 crore for the ten months he served as MD & CEO, before his tenure ended in January.

Post elections, RBI to update RTI disclosure norms

Post elections, RBI to update RTI disclosure norms

Rediff.com   9 May 2019

The Supreme Court had observed that issues of national economic interest; disclosure of information regarding currency or exchange rates/interest rates/ taxes; regulation or supervision of banking, insurance and other financial institutions; proposals for expenditure or borrowing, and foreign investments, could all, in some cases, harm the national economy, especially if released prematurely.

Bankers weigh all options to save Jet

Bankers weigh all options to save Jet

Rediff.com   3 May 2019

Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.

RBI paints a bleak picture of India's economy

RBI paints a bleak picture of India's economy

Rediff.com   19 Apr 2019

RBI governor Das flags growth slowdown, deputy raises alarm on inflation

RBI guv draws new line in sand, seeks flexible rate cuts

RBI guv draws new line in sand, seeks flexible rate cuts

Rediff.com   14 Apr 2019

Shaktikanta Das said in Washington, DC, that there was nothing sacrosanct about the 25 bps rate cut and that monetary policy could be well served by calibrating the size of the policy rate to the dynamics of the situation, and the size of the change itself could convey the stance of policy.

Sonic branding makes for sound business, realise firms

Sonic branding makes for sound business, realise firms

Rediff.com   7 Apr 2019

Companies are looking for an engaging hook, and sound is universally seen as a big emotional connector, finds Nikhat Hetavkar.

RBI to go for $5-bn dollar-rupee swap auction on April 23

RBI to go for $5-bn dollar-rupee swap auction on April 23

Rediff.com   2 Apr 2019

The minimum size of each bid would be $10 million and in multiples of $1 million thereafter.

All eyes on RBI as rate cut looms large

All eyes on RBI as rate cut looms large

Rediff.com   1 Apr 2019

According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.

Dollar spike and its impact

Dollar spike and its impact

Rediff.com   1 Apr 2019

'In my 20 years, I have never seen such high rates.'

Reliance eyes Schuldschein route to raise $170m overseas

Reliance eyes Schuldschein route to raise $170m overseas

Rediff.com   18 Mar 2019

Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.

How RBI plans to make CEOs accountable for their bank's performance

How RBI plans to make CEOs accountable for their bank's performance

Rediff.com   5 Mar 2019

RBI proposed that at least half of the compensation of a CEO should be variable. It also said that stock options should be part of the variable pay, against the extant practice of keeping it beyond and above the scope of the official compensation package.

Will there be another rate cut in April?

Will there be another rate cut in April?

Rediff.com   5 Mar 2019

Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.

YES bank's new CEO has his plate full

YES bank's new CEO has his plate full

Rediff.com   3 Mar 2019

For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.

ATM transaction charges may rise

ATM transaction charges may rise

Rediff.com   19 Feb 2019

Interchange fee is the amount charged by ATM operators for every transaction.

Global payments firms in talks with RBI for free flow of data

Global payments firms in talks with RBI for free flow of data

Rediff.com   19 Feb 2019

While most of these payment players continue to run Indian data through the global processes of data analytics and fraud detection, the industry seems divided over whether the regulator would allow this to continue.

A peek into Mastercard's ambitious plan for India

A peek into Mastercard's ambitious plan for India

Rediff.com   15 Feb 2019

Mastercard is keen on being known not as a payments player but a technology company.

What is RBI's February 12 circular all about?

What is RBI's February 12 circular all about?

Rediff.com   12 Feb 2019

The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.

As govt borrowing balloons, focus turns to bond market

As govt borrowing balloons, focus turns to bond market

Rediff.com   11 Feb 2019

The continued rise in interest is a pressure on fiscal, but it is not an easy way out unless the government cuts back on populist measures and sticks to fiscal prudence as laid out in the FRBM, which the government missed for the second consecutive year.

Former governor slams govt for meddling in RBI affairs

Former governor slams govt for meddling in RBI affairs

Rediff.com   9 Feb 2019

'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'