Much before the human rights violation by the Pakistani Army became public through the media, a top American diplomat stationed in Islamabad had advised the US Government to keep reports of such abuses under wraps.
Reserve requirements, mandatory investment in G-secs under Companies Act may slow lending for HNI investment in IPOs.
Reeling under strict restrictions with no access to communication since August 5 when the Centre announced its decision to end Jammu and Kashmir's special status under Article 370 and bifurcate the state into two union territories, the people in the Valley have been facing a hair-raising challenge of finding a hairdresser to have their unkempt beards trimmed and unruly locks chopped.
The ensuing liquidity crisis has prompted many MFIs to seek a moratorium on loan repayment to banks.MFIs raise 75-80 per cent of their funds via bank borrowings, 15 per cent from equity and another 10 per cent from other sources like cash securities.
Market regulator SEBI on Tuesday relaxed the reporting requirement on lending of securities by FIIs for the purpose of short selling.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
Home loans also pose lower bad-debt risks for the banks than corporate loans.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
RBI has also announced new guidelines to price loans from April 1.
The stakeholders want protection from any litigation which might arise due to fresh claims against the company, especially after PE funds have bought stake in the company and the resolution plan has been cleared by the bankers.
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
Highlights of RBI's third quarter review of monetary policy.
A Mumbai lawyer and a Beed engineer joined arrested climate activist Disha Ravi in creating a protest toolkit backing the farmers' agitation with the aim of 'tarnishing the image of India' and collaborated with pro-Khalistani elements, Delhi Police officials said on Monday.
Concerned over reports that Mumbai terror suspect David Headley may enter into a plea bargain with prosecutors in Chicago, Indian security establishment feels that it would lend credence to suspicions that he may have been working for the Americans.
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
Banking shares are down up to 11% after the Reserve Bank of India has increased the policy repo rate by 25 basis points from 7.25% to 7.5% with immediate effect.
'People can start making a safety net, and that safety net should be at least three months of your monthly salary.' 'If somebody is earning Rs 25,000 then s/he should have at least Rs 75,000 in her/his bank account, so that if anything like this (lockdowns) happens in the future, they are not struggling.'
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Currently, the cash reserve ratio is pegged at a low of 4 per cent, while statutory liquidity ratio that includes securities such as government bonds, stands at 23 per cent, down from 25 per cent in 2010.
Share transfer agents have come under the Securities and Exchange Board of India's scanner after the market regulator received several complaints about their misconduct.
India Inc is borrowing from global firms as interest rates sky rocket in India.
Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
Find out how banks and lending institutions decide if you are worth their money based on your CIBIL TransUnion Score and Credit Information Report.
Several of his lenders have a lot to answer for.
In a critical comment on India, one of the fastest-growing economies in the world, the World Bank said that robust economic growth and food security alone would not remove the tag of being 'one of the most malnourished nations'.
The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.
Rules governing short-selling in various jurisdictions continue to generate controversy among regulators, lawmakers and market participants. While the US capital market regulator Securities and Exchange Commission has banned short-selling of financial shares after it was blamed for the collapse of Lehman Brothers, in India, the practice had come under the scanner as foreign institutional investors were lending stocks overseas to facilitate short-selling.
The Reserve Bank on Tuesday increased a key statutory deposit ratio for banks to 25 per cent but the move is not expected to push interest rates up. RBI left other key policy rates and ratios unchanged. Due to this, it is unlikely that banks will banks hike their auto, home and education loan rates in the near term.
Finance Minister Nirmala Sitharaman has rebutted Congress leaders Rahul Gandhi and Randeep Singh Surjewala's allegations regarding "wilful defaulters, bad loans and write-offs", and stated that they have "attempted to mislead people in a brazen manner".
The soft interest rate regime is now over with the rates on government securities likely to harden for at least two years, economic think tank Institute of Economic Growth has said.
India is perceived to be a powerhouse for investment in coming times.
'The Indian government wakes up after the fact when it can do nothing, or rather lacks the will to prosecute military actions to reverse these adverse PLA-driven developments.'
The Duff & Phelps report shows that Virat Kohli has increased his brand value by 40 per cent to $237.5 million in 2019 and taken a huge lead with his closest rival, Akshay Kumar, ranked second.
Leading economists on Friday called for more fiscal measures to sustain the Indian growth story.
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Earlier, the RBI cut its policy interest rate to 6.75 per cent.
