Tag: RBI

RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

Paytm Gate! Glaring Governance Gaps?

It appears that the latest is the culmination of the enquiries that have lasted many months and the bank had been warned of regulatory...

Stability, quality, responsibility will come a long way

On 31 January, RBI pronounced a rather unusual order that barred Paytm Payments bank (PPBL) from undertaking any banking related activities. Paytm and its...

Will banks become obsolete?

Fintechs have made deep inroads into banking and financial services. There is a feeling that over the next few decades it would make traditional...

Banks that sank in time

The book offers an interesting insight to a common thread among the different banking scams that have happened since 1957. Though one could have...

Aiding a sustainable change

RBI held the maiden auction of sovereign green bonds (SGrB) to the tune of Rs 8000 crore, as a part of the Rs 16,000...

RBI has its very own crypto, finally!

Though central banks around the world vehemently oppose cryptos, they have also realised that digital currency is the future. RBI has unveiled its own...

Audit firms in for a medical checkup

There have been failures in delivery. True, the extent of failure depends on which side of the fence you are sitting. What was once...

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Survey sees TN grow at 8% + in distributed way

The Economic Survey was prepared by the State Planning...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other...

Gemini Edibles & Fats form JV with Sree Annapoorna Foods

The new joint venture - GEF Foods India Pvt....

NCLT clears process for merger of TVS Investments with TVS Electronics 

TVSIPL was incorporated on August 31, 2018, as a private...

Unifi Mutual launches hybrid fund

The scheme is ideally suitable for investors looking for...