RBI

Corporates As Bankers: Not a Bankable Idea

RBI has moved beyond the normal terms on promoters' eligibility and net worth and has set a minimum threshold on assets requirement and operational record

Shivanand Pandit

· 7 min read

RBI Slaps Penalty Amounting to INR 5.78 Cr on Muthoot Finance, PhonePe, 4 Others for Violating Regulatory Norms

Sodexo, QwikCilver, Punjab National Bank Ltd (PNB) and Delhi Metro Rail Corporation Ltd (DMRC) are the other four entities to be fined for violating regulatory norms

Shipra Singh

· 2 min read

Lendingkart First to Launch Co-Lending Scheme In Partnership With Banks Post RBI's Revised Guidelines

Lendingkart has launched a co-lending software-as-a-service (SaaS) platform Lendingkart 2ghtr, for banks and non-banking financial institutions (NBFCs)

Shipra Singh

· 3 min read

India's GDP Expected to Shrink 9.5% for FY21, But Silver Linings Already Visible: RBI

RBI governor Shaktikanta Das at the central bank's MPC meeting announced a range of measures to support the economy in emerging from the impact of the Covid-19 pandemic

Shipra Singh

· 3 min read

How ML-Driven Early Warning Systems Help Lenders Monitor MSMEs

The technology itself has evolved over the past decade to cater to the processing of structured and unstructured data at scale by leveraging ML-driven technology

Meghna Suryakumar

· 4 min read

COVID-19 Threw Away Our Traditional Wisdom: Dr. Viral V. Acharya

Reserve Bank of India's former deputy governor and Indian economist talks about the role of micro entrepreneurs in nation building and how financial institutions can play a crucial role, especially during the pandemic

Prabhjeet Bhatla

· 6 min read

RBI Keeps Interest Rates Unchanged, Proposes More Measures to Fight Covid-19

The central bank has slashed interest rates by 115 basis points (bps) since the beginning of this year, bringing it to the lowest level since 2000. Repo rate was last cut in an off-cycle policy review in May

Shipra Singh

· 3 min read

Covid-19 Lockdown: RBI puts off EMIs, Slashes Interest Rates

RBI has not only cut its benchmark repo rate by 70 basis points but also slashed cash reserve ratio by 100 basis points

Shipra Singh

· 4 min read

Three-Month Loan Moratorium: Not a Waiver, May Not Benefit All Borrowers

Opposed to prima facie benefits of the three-month loan moratorium announced by the RBI, finer details reveal its a costly proposition

Shipra Singh

· 5 min read

SC Nixes RBI's Curb on Crypto, but Industry Still Not Convinced

Though a welcome move, the supreme court's judgment to squash RBI's curb on cryptocurrency transactions through banks does not solve the core problems ailing the industry, say experts

Shipra Singh

· 6 min read

Relief For Cryptocurrency Stakeholders, Trading Now Legal In India

A three-judge SC bench struck down RBI's ban on cryptocurrency saying that the ban was 'disproportionate'

Shreya Ganguly

· 2 min read

Everything You Need To Know About The Proposed Cryptocurrency Ban In India

RBI governor Shaktikanta Das said that issuing currency is a sovereign mandate and this should not be given to private companies

Shreya Ganguly

· 3 min read