Keyword : Finance

Probe top people in corporate espionage case, Kejriwal tells Delhi cops

Chief Minister Arvind Kejriwal, who has taken on big industrial houses during his campaign against graft, on  Saturday sent out a tweet complementing the Delhi Police for unearthing the corpor

What about people`s right to know who the bank defaulters are?

The Reserve Bank of India (RBI) has submitted to the supreme court, in sealed cover, a list of defaulters on loans worth Rs. 500 crore or more, according to

The financial “Catch-22” of Indian cities

 The United Nations General Assembly has designated October 31 as World Cities Day, which has the general theme - Better City, Better Life. It is a well known fact that by 2030 nearl

Finance beyond geography

Traditionally, finance has been ‘global’ in character. Over the centuries, frequent changes of regimes, combined with evolution of administrative systems, have restricted free movement

India’s financial sector is facing considerable challenges: IMF

India’s financial sector is facing considerable challenges, and economic growth has recently slowed down. High nonperforming assets (NPAs) and slow deleveraging and repair of corporate balanc

Finance made easy for non-finance people

Finance for Non-Finance People (Second Edition, 2019) By Sandeep Goel Published by Routledge Finance is not only the language of business any

RBI reserve transfer to centre: This is how it happened

The central board of the Reserve Bank of India (RBI) has decided to transfer Rs 1,76,051 crore to the government, ending a long debate and opening new options for injecting fresh money into the eco

BSE StAR MF achieves 61% share of equity net inflow for November

BSE StAR MF, India`s largest mutual funds distributor platform, is working on ways to transform itself into a unique end-to-end value-based services platform. It has achieved 61% share of equity ne

Insolvency and Bankruptcy Code: Paradigm shift and further reform

The Inception The problem of surging NPAs on one hand and the issues of indebted companies on the otherwere the primary reason that gave birth to the Insolvency & Bankru

Evaluating public-private partnership, the right way

Public-Private Partnerships (PPP) projects are always under scrutiny, given the options of alternative of traditional procurement for the government. The value-for-money debate is one of the essent

Dalal Street recovers from pandemic panic

The stock markets in India, continuing the free fall of the past few days following the Covid-19 outbreak fears, plunged further Friday morning. The two leading indices, Senses and Nifty, both hit

Cryptocurrency is legit: How banking, firms and individuals all stand to gain

Cryptocurrency is a digital currency that runs on blockchain technology. This essentially means that no person or entity can control it. Both nationals and internationals can transact with the curr

Vallabh Bhansali calls for stable business policy to restore confidence

Hailing prime minister Narendra Modi`s Atmanirbhar Bharat package of Rs 20 lakh crore and terming it extremely well directed to the poor who need it the most, financial wizard Vallabh Bhansali, co-

“In financial sector, governance is the key”

The fall of financial institutions is largely a result of governance failures and company board members must ensure checks and balances for the larger ecosystem, says entrepreneur Shachindra Nath,

Cabinet clears bonus for non-gazetted employees

The union cabinet chaired by prime minister Narendra Modi on Wednesday gave its approval to pay productivity linked bonus (PLB) for 2019-20 to 16.97 lakh non-gazetted employees of commercial establ

Poor more poor, hungry and indebted after second wave: Study

Pitta Rajani, 28, and her family from Kandriga in Vijaywada faced severe difficulties during and after the lockdown last year and had to take a loan of Rs 20,000  from Soubhagya , a moneyl

GST ITC refund racket unearthed in Nagpur

In a first of its kind case, the Nagpur zonal unit of the director general of GST intelligence DGGI) has busted a massive racket of fraudulent refunds of input tax credit (ITC) amounting to Rs 213.

e-RUPI voucher, another milestone in digital India

Today (August 2), prime minister Narendra Modi launched the e-RUPI voucher system which is another milestone in Digital India. Simply put, this will be a digital payment which will be delivered to

IBC is like a nuclear arsenal: Its value lies in deterrence not in use

The Standing Committee on Finance of the parliament has come out with a report on implementation of the Insolvency and Bankruptcy Code (IBC) - pitfalls and solutions. It was presented in both house

Five years of IBC: Five takeaways and five suggestions to make it better

The Insolvency and Bankruptcy Code (IBC) 2016 was enacted in May 2016. It was a milestone event in the financial sector reforms. In its five years of journey, five key takeaways of IBC are as follo

Creation of ‘good bank’ as important as ‘bad bank’ for NPA management

After the recent announcement of the government guarantee for Security Receipts (SRs) to be issued by a public sector-owned National Asset Reconstruction Company Ltd (NARCL), there is a surge of in

Decoded: RBI committee report on working of Asset Reconstruction Companies

An RBI appointed committee to review the working of Asset Reconstruction Companies (ARCs) recently submitted a report containing a set of 42 recommendations. The recommendations have been made to e

PMC Bank proposed resolution: Areas of darkness at the end of tunnel

A few months after the Punjab and Maharashtra Co-Operative Bank Ltd (PMC Bank) was put under moratorium in September 2019, I met an announcer in a function on banking organised by an industry body,

Bank loan recovery in recent years has mirrored Hindu rate of growth

At the outset, for those who are not familiar with the nomenclature ‘Hindu Rate of Growth’, it refers to the low economic growth in post-independent India till the 1990s, when several e

Omicron will not cause economic derailment: Ameya Prabhu

Covid-19 came as a rude shock and hit the world with several disruptions, halting economies and destroying livelihoods. While research for the new variant, Omicron, thought to be less lethal than D

RBI keeps repo, reverse repo rates unchanged

The RBI Monetary Policy Committee (MPC) in its bi-monthly policy announcement Thursday kept the repo rate unchanged at 4%. The reverse repo rate is also kept unchanged at 3.35%. The MPC decided to

Disinvestment deals should be free from investigative scanner: Naina Lal Kidwai

The government needs to do to its disinvestment deals in a transparent and above-board manner and ensure that deals are free from the investigative scanner, well-known banker and chartered accounta

LIC IPO on schedule: Nirmala Sitharaman

Escalating tensions between Russia and Ukraine have made the Indian government worried if the market situation is conducive but it will go ahead with the upcoming initial public offering of the sta

Axis Bank-Citibank deal: What it means for stakeholders

Merger is a corporate strategy involving two companies to combine and form a new legal entity under a common corporate name. Merger deals between industry rivals have always attracted considerable

How HDFC-HDFC Bank merger is a win-win deal – for all

Merger as a corporate strategy involves two companies coming together to form a new legal entity under a common corporate name. Mega merger deals have always attracted considerable attention from a

“Govt wants to champion LIC as long-term value creator for shareholders”

India’s biggest ever public issue of shares – and 11th largest in the world – by an insurer, Life Insurance Corporation of India (LIC) will open on May 4 and close on May 9. It wi

Connecting credit card with UPI: What it means for you

UPI has become an integral part of our daily lives now. We use it to buy groceries, we use it to send money to friends and family, we use it to purchase tickets, book shows, pay the cab driver, and

Swiss Challenge Method in auction of bank loans

The 2020 Nobel Prize in economics was awarded to Paul Milgrom and Robert Wilson for their pioneering work in the auction theory. Milgrom developed bidding strategies in which bidders could learn ab

Cloud inclusivity: Ensuring highly regulated organisations are ready for a cloud-first world

Over the last few years, cloud has been able to create a special place for itself amongst fast moving, competitive and growth-led organisations. As the technology became an imperative, it has undou

“India will see the benefits of digital payments for a long time”

Murali Raghavan’s ‘Riding the De(Mon)’ (Leadstart Publishing) is a financial thriller that dives deep into money laundering in India, particularly the methods used by corrupt busi

How New Generation looks at investment landscape

Anupam Gupta’s new book, ‘The Wisest Owl – Be Your Own Financial Planner’ (Penguin), uses the wisdom and experience of India`s top personal finance professionals – Dil

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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