[ad_1] 3 min read Last Updated : Apr 12 2024 | 12:01 AM IST Over the past few decades, India’s fundamentals have changed for the better and today’s Sensex at 75,000 is a result of all cylinders firing for India. Political stability The Narendra Modi-led government has been in power since 2014 … Read more
[ad_1] Union Finance and Corporate Affairs Minister Nirmala Sitharaman unveils a special limited edition of Business Standard as it enters its 50th year, on the first day of Business Standard Manthan in New Delhi on Wednesday From tariffs and Centre-state relations to how she unwinds, Finance Minister Nirmala Sitharaman covered vast ground on the … Read more
[ad_1] Are the shadows lengthening on India’s shadow banking industry? The hard fact is that the regulator has changed the way it approached supervision in the past. Having seen two large houses gutted, it is focusing on regular drills to prevent a fire from breaking out Ahead of Holi, the festival … Read more
[ad_1] JICA said poverty alleviation is a “pressing issue” as about 90 per cent of India’s “impoverished population” resides in rural areas and the income growth rates are decreasing (Photo: Pexels) L&T Finance Holdings on Tuesday said it will borrow $125 million (about Rs 1,038 crore) from the Japan International Cooperation Agency for on-lending … Read more
[ad_1] “Rest of the maintainable complaints were either rejected by RBIOs or withdrawn by the complainants or adjudicated by passing of awards,” the report said The number of complaints filed under the Reserve Bank’s ombudsman schemes increased by over 68 per cent to 7.03 lakh in the fiscal 2022-23, according a report released on … Read more
[ad_1] The Reserve Bank of India (RBI) may undertake a comprehensive review of the architecture of payment banks (PBs). This all-encompassing exercise, almost a decade after licensing terms were issued on November 27, 2014, is to take into account standards of governance, the viability of the payment bank (PB) business model, and changes, … Read more
[ad_1] As the minutes showed, RBI Governor Shaktikanta Das said “At this juncture, monetary policy must remain vigilant and not assume that our job on the inflation front is over.” Most of the six members of the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC), in the February review meeting on credit policy, … Read more
[ad_1] The government will appoint a member to the 16th Finance Commission in lieu of Niranjan Rajadhyaksha, executive director, Artha Global, a policy consulting organisation. “Dr Rajadhyaksha has expressed his inability to take up this responsibility due to unforeseen personal circumstances,” a press statement by the Ministry of Finance said. Rajadhyaksha was appointed as … Read more
[ad_1] The meeting also discussed that banks and financial institutions would reconcile cases which are pending in DRTs and DRATs but have already been settled Banks will conduct periodical review of the performance of empanelled advocates at debt recovery tribunals (DRTs) and rationalise the cases assigned to them based on performance, the finance ministry … Read more
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