News for 'Public Debt Management Authority'

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

Rediff.com2 Feb 2021

Finance Minister Nirmala Sitharaman presented her third Budget on February 1.

Time to opt for shorter-duration funds

Time to opt for shorter-duration funds

Rediff.com19 Oct 2021

Select the exact category by matching your investment horizon to the portfolio duration, suggests Sanjay Kumar Singh.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

Will Annamalai's 'DMK Files' Help BJP?

Will Annamalai's 'DMK Files' Help BJP?

Rediff.com17 Apr 2023

Will Annamalai's attacks on the DMK revert the anti-BJP feeling in Tamil Nadu, asks N Sathiya Moorthy.

Coming Soon! RBI's CBDCs Revolution

Coming Soon! RBI's CBDCs Revolution

Rediff.com20 Aug 2021

If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.

InvITs with too few investors under Sebi lens

InvITs with too few investors under Sebi lens

Rediff.com3 Jun 2021

The regulator is more carefully scrutinising applications by infrastructure investment vehicles that have a limited number of investors. They have been asked to broaden their investor base before application approval, according to two people familiar with the matter. The Securities and Exchange Board of India is concerned about the structure being used for getting around tax requirements, according to one of the sources.

GDP expansion likely at 4.9% in FY20, 5.5% in FY21: Moody's

GDP expansion likely at 4.9% in FY20, 5.5% in FY21: Moody's

Rediff.com4 Feb 2020

Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth.

Modi backed, Rajan, RBI in turf war with finance ministry

Modi backed, Rajan, RBI in turf war with finance ministry

Rediff.com7 May 2015

New Delhi was reluctant to spook investors by clipping the bank's wings

Investment norms for pension

Investment norms for pension

Rediff.com3 Sep 2005

RBL Bank: Strange Corner Office Changes

RBL Bank: Strange Corner Office Changes

Rediff.com5 Jul 2022

One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

All is not lost for IL&FS yet as LIC, SBI plan to hike stake

All is not lost for IL&FS yet as LIC, SBI plan to hike stake

Rediff.com26 Sep 2018

The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.

How Bankruptcy Law FAILED Home Buyers

How Bankruptcy Law FAILED Home Buyers

Rediff.com31 Aug 2021

Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.

The 5 wise men who will decide corporate loan recast

The 5 wise men who will decide corporate loan recast

Rediff.com31 Aug 2020

Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.

Banks' NPAs never went away, they were only hidden

Banks' NPAs never went away, they were only hidden

Rediff.com26 May 2022

Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.

The watch dogs that didn't bark for IL&FS

The watch dogs that didn't bark for IL&FS

Rediff.com16 Oct 2018

Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?

An RBI model for the Securities Market?

An RBI model for the Securities Market?

Rediff.com12 Aug 2021

If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

Bank reforms can't be shots in the dark: Rajan

Bank reforms can't be shots in the dark: Rajan

Rediff.com28 Aug 2015

The central bank dashed hopes of any steep interest rate reduction.

Second wave of NPAs? SBI, BoB, YES Bank could be hit

Second wave of NPAs? SBI, BoB, YES Bank could be hit

Rediff.com1 Oct 2019

YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.

When an American professor worked at the RBI...

When an American professor worked at the RBI...

Rediff.com10 Aug 2020

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.

IL&FS and Rs 13,000-cr worth of fishy deals

IL&FS and Rs 13,000-cr worth of fishy deals

Rediff.com4 Mar 2019

The report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS Financial Services Limited.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

IL&FS case: Deloitte, KPMG's plea dismissed

IL&FS case: Deloitte, KPMG's plea dismissed

Rediff.com4 Mar 2020

Rejecting the contention of the auditors and others that they cannot be treated as part of the management, which is responsible for managing the affairs of the company and therefore should not be charged as per the said section, the NCLAT said that rules of natural justice are to be followed.

Small firms struggled to raise capital in 2020

Small firms struggled to raise capital in 2020

Rediff.com5 Jan 2021

'SMEs got infected by Covid.'

'Government this time has said outright privatisation'

'Government this time has said outright privatisation'

Rediff.com4 Feb 2021

'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

How RBI can prevent frauds

How RBI can prevent frauds

Rediff.com29 Oct 2020

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.

RBI chief Rajan wins over Modi despite broad mistrust

RBI chief Rajan wins over Modi despite broad mistrust

Rediff.com1 Jun 2016

The first signs of growing bonhomie between Modi and Rajan came early last year, when Modi called Rajan the "best teacher" for explaining complex economic issues to him.

Here's some good news for central govt employees

Here's some good news for central govt employees

Rediff.com24 May 2019

Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument

India is in a financial mess

India is in a financial mess

Rediff.com19 Aug 2020

'In a serious fiscal situation like this, an ostrich-like focus on annual budgeting, event management and defensive rhetoric will only make matters worse,' warns Rathin Roy.

For LIC, road to bourses won't be easy

For LIC, road to bourses won't be easy

Rediff.com10 Feb 2020

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.

Are Banks In Good Shape?

Are Banks In Good Shape?

Rediff.com19 Apr 2022

Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

10 things to keep in mind before starting a company

10 things to keep in mind before starting a company

Rediff.com19 Nov 2019

Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?

Two reasons why you must invest in the NPS now

Two reasons why you must invest in the NPS now

Rediff.com29 Sep 2016

Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital

RBI panel wants retail inflation as new policy benchmark

RBI panel wants retail inflation as new policy benchmark

Rediff.com22 Jan 2014

The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.

The Rajapaksas You Did Not Know

The Rajapaksas You Did Not Know

Rediff.com7 Apr 2022

From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.

China risk story is far more dangerous than Grexit

China risk story is far more dangerous than Grexit

Rediff.com6 Jul 2015

Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.