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Retail Loans Only Way For ARCs To Remain Relevant Post RBI Rules
In October 2022, the RBI mandated ARCs to increase their net owned funds to Rs 200 crore by March 2024 and Rs 300 crore by March 2025, creating trouble for the industry.
Digital Rupee Desperate For Takers Over A Year After Launch
With UPI being a preferred mode for online transactions in India, the RBI's pilot Digital Rupee initiative has not taken off.
Himanta Biswa Sarma's Strategic Moves Landed Tata Chip Facility In Assam
The northeast Indian state will house the region's first indigenous semiconductor facility. But the project isn't without challenges.
RBI Crackdown On KYC Violators Has A Hidden Agenda: Ring-Fencing Fintechs
While banks and non-bank finance companies have got the stick too, one cohort that has borne the brunt of regulatory action is new-age fintech companies.
Will An RBI Rate Cut Help Or Harm Indian Banks?
Lower interest rates may ease the pressure on liquidity in the short term, but to remain in business, Indian banks should get back to banking.
Women Can Finance Lesser Number Of Loans Than Men, Thanks To Unequal Pay
While men in similar age brackets can take more than one loan in their names, women borrowers are restricted to only home loans.
RBI's Paytm Crackdown: Loyal Users Jumping Ship Doesn't Bode Well For Its Business
Founder Vijay Shekhar Sharma has assured Paytm users that their money isn't going anywhere, but customers are already searching for alternatives.
‘Privatisation Contingent On Several Factors': DIPAM Secretary Tuhin Kanta Pandey On PSU Disinvestment Plans
While talking about disinvestment and privatisation, DIPAM Secretary Tuhin Kanta Pandey said, "If we just keep on holding our shares, it's like a close thing. When you are making it more open, you are partaking in it."
Recovery Firms Thrive As Bureaucracy Keeps People From Claiming Their Own Money
Funds recovery firms developed in the last five to eight years and help claimants recover money stuck in investments.
Regulatory Uncertainty, High Risk Keeping Investors Away From Fintech Sector
While ZestMoney made headlines because it had to shut down, the digital lending sector saw investments dwindle in 2023.
Domestic Investors Drove Indian Markets This Year, Despite Heavy FPI Selling
Despite foreign portfolio investors (FPIs) selling off their holdings heavily, the Indian equity market managed to stand firm as domestic investment went up exponentially through the year.
In 2023, No Action On the Government's Plans To Privatise IDBI, Other PSBs
Better financial performance of banks and other regulatory hurdles have delayed privatisation plans.
