Financial services expert Ashvin Parikh told CNBC-TV-18 that the SIT’s approach is valid. He questioned the ability to carry cash in the present day when robust systems for cash transfers like RGTS and NEFT are available. Money Control, 1 week ago
'Support ban on cash transactions above Rs 3 lakh' - MSN News US, 1 week ago
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Despite little progress, we have been debating the subject of why and when of banking consolidation for more than a decade now. Like reforms in many other sectors, the government seems to be serious about merger of state-owned banks and once again we have ...The Financial Chronicle, 1 month ago
JM Financial, which already has an asset reconstruction arm, expects to participate in larger deals using the distressed asset fund Mumbai: Financial services firm JM Financial Ltd is looking to raise a $300 million distressed asset fund to tap the ...Livemint.com, 1 week ago
To continue reading, we request you to support us by disabling your Ad Blocker In order to serve content on our website, we rely on advertising revenue which helps us to ensure that we continue to serve high quality unbiased journalism. To know ...Hindustan Times, 2 weeks ago
The toxic loans problem plaguing India's banking sector doesn't look like it's going away soon. Non-performing assets (NPAs) at Indian banks jumped to 7.6% of their total assets in March 2016, up from 5.1% six months ago, according to the Reserve ...Quartz, 3 weeks ago
Lendingkart will use the funds to improve its data science capabilities, enhance its technology solutions, and build a better infrastructure for mobile capabilities Mumbai: Lendingkart Technologies Ltd, which provides working capital finance to ...Livemint.com, 3 weeks ago
The government’s proposal to consolidate the country’s 27 public sector banks (PSBs) to create 8-10 financial giants creates risks that, in the current weak economic environment, could offset the potential long-term benefits, global rating agency ...The Financial Chronicle, 3 weeks ago
MUMBAI: Canadian billionaire Prem Watsa's Fairfax Financial Holdings is looking to acquire more than 10% stake in Kerala-based Catholic Syrian Bank, people familiar with the development told ET. Watsa's latest Indian bet is seen as part of the ...Economic Times, 4 weeks ago FAIRFAX FINANCIAL : seeks RBI approval for 10% stake in Keralas Catholic Syrian Bank 4 Traders, 3 weeks ago
Despite his relatively brief tenure, Rajan has made a significant impact. His successor will have to fulfil his legacy of banking reform, keeping inflation low and growth high. Raghuram Rajan. Photo: Chandradeep Kumar Raghuram Rajan, the ...India Today, 1 month ago
When banks invest in goverment bonds, the government will plough the money back into the banks in the form of equity, says Ashvin Parekh of Ashvin Parekh Advisory Services.Money Control, 1 month ago
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