Banks and financial institutions in India are poised to leverage the benefits of technology, and mobile devices, to increase their presence in under-banked sectors in India, without needing brick and mortar structures.
Tag: RBI
Post
Post
Insolvency and bankruptcy code: Resolving the NPA crisis
The one thing, which is commonly heard in the corridors of the financial world, is the looming concern as regards the huge NPA that banks are currently saddled with. Long drawn processes pertaining to insolvency has taken a toll on the credit realization in the country.
Post
In this regime, roads have taken a quantum leap
The government is taking only the EPC cost as the DPR cost. They are not adding other things like interest on annuity or the interest difference when we do the financing of the project.
Post
Investments in AIFs to get a boost on RBI notification
Alternate Investment Funds may soon be flush with money after the RBI notified that NRIs and foreign portfolio investors (FPIs) will be allowed to invest and trade in this category of funds.
Post
RBI approval to set up a subsidiary for real estate of SBI
State Bank of India (SBI) has received in principle approval from RBI to set up a subsidiary that will manage the real estate of the government owned bank.
Post
Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
Post
Railways Ministry meets banks and financial institutions
The Ministry of Railways and its PSU Indian Railway Finance Corporation, hosted a meeting of banks & financial institutions in late July to sensitise
Post
Essar Ports plans Rs.3,000 crore new investments
Essar Ports has sought relaxed loan terms from bankers even as it plans Rs 3,000 crore (including Rs 2,000 crore debt) new investments on three key Port projects
Post
Ease of doing business in India has assumed priority
Generally, projects that are bankable do not face problems in obtaining financing. Of course, there are issues relating to the sector exposure, promoter commitments, etc. But these are exogenous to issues of bankability and will need to be dealt with separately at a macro level.
Post
Stocks & Barrels
It´s raining good news for the Indian economy. Credit Suisse has said that India will witness the fastest dollar nominal growth in 2015. And falling oil prices are proving to be a major windfall for the country.