The recent Reserve Bank of India (RBI) norms on tokenisation services, which will be offered by card networks, are likely to result in merchants and payment aggregators incurring a cost as they have to pay a fee to the networks. The merchants and the payment aggregators, in turn, may pass on the cost to the customers. The norms, which were issued by the banking regulator released on September 7, allow card networks like Visa and Mastercard to offer the tokenisation service.
This year is set to be the third consecutive year when India's share of IPOs has fallen relative to the rest of the world.
The move comes within months of a crisis at JPMorgan Asset Management Company.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
Payments banks are niche banks set up by the Reserve Bank of India to further the agenda of financial inclusion.
Indian companies are now more confident about the execution skills of local banks.
Half a dozen companies looking to tap the market as the Indian rupee stabilises and oil prices cool down.
This make it the first domestic firm to sell such a long-tenure rupee debt instrument.
India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months, a top credit rating agency has said.
Reit as an investment vehicle has a huge opportunity as the country has a rent-yielding office inventory of 537 million square feet valued in excess of $70 billion.
Here's how you can reward yourself for having a good CIBIL score.
Be extra careful while using credit cards because there is a risk of misuse
Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.
Pipeline leanest since 2004; bankers said to be cautious due to fear of rejection by Sebi.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
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We still have time for this government to take action.
Just like optimum blood pressure, sugar and the likes are the measure of your physical health, a good CIBIL score is a measure of your financial health and you must do the needful to keep your CIBIL score at a satisfactory level.
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
