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About 8 results for "uttam ghosh monitoring"

Slow take-off for GST e-way bill likely as traders stock up early
Rediff.com

Slow take-off for GST e-way bill likely as traders stock up early

The system has gone through three rounds of testing for its load-bearing capacity. Illustration: Uttam Ghosh/Rediff.com. It could take at least a fortnight for the e-way bill generation to take off, though it was introduced at midnight of March 31 for inter-state movement of goods worth over Rs 50,000. Not many e-way bills might be generated in April since businesses had stocked up in advance to lengthen the time required to shift to the new system, experts said.   However, the ... Rediff.com, 3 weeks ago
Rediff.com

India Inc will find it difficult to raise loans above Rs 250 cr from PSBs

Public sector banks have decided to improve their risk-management systems Illustration: Uttam Ghosh/Rediff.com Public sector banks (PSBs) will discourage multiple banking arrangements for companies with exposure of more than Rs 250 crore in the banking system and will move all such loans under the consortium of banks for better monitoring.   “In case of multiple banking arrangements there is no discipline. There will, preferably, be consortium lending for loans above Rs 250 ...
 Rediff.com1 month ago
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FRDI Bill: What it means for banks and their depositors

Mutual funds, bonds, PPFs, equity and real estate are some options which offer varying rates of return. Illustration: Uttam Ghosh/Rediff.com The Financial Resolution and Deposit Insurance (FRDI) bill was pitched by the Lok Sabha in August, 2017, with the sole intention of protecting financial institutions from going bust and bringing in orderly regime in financial firms.   But it seems to have caught many on the wrong foot. Most are struck by the fear of losing their money in case of ...
 Rediff.com2 days ago
Rediff.com

Govt to issue 'outcome budget' this week

The idea is to monitor centrally sponsored schemes, partly funded schemes, loans, programmes and any other endeavour into which funds are pumped. Illustration: Uttam Ghosh/Rediff.com The government will issue its ‘outcome budget’ later this week.   This is to contain tangible targets, including output and outcome, that it aims to meet for all schemes and programmes it funds. Outcome-based budgeting began from the 2017-18 Union Budget. The idea is to monitor centrally sponsored ...
 Rediff.com2 months ago

This is how cash travels from printing press to your purse

On a daily basis, an average cash logistics company transports Rs 5,000-8,000 crore worth of cash nationwide. Illustration: Uttam Ghosh/Rediff.com The security and operations head of a Delhi-based cash management and logistics company was in an animated conversation with his team Wednesday morning when Business Standard approached him to understand the universe of automated teller machines (ATMs), which are flashing the no-cash sign all over again.   “We made the mistake of allowing ...
 Rediff.com6 days ago
Rediff.com

Why insurance firms are renegotiating rates for bank directors' indemnity

Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director’s and officer’s liability business. Illustration: Uttam Ghosh/Rediff.com Insurance companies that sell liability insurance have begun to reprice the costs of cover they offer to directors on bank boards.   Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium ...
 Rediff.com1 week ago
Rediff.com

2 reasons why Budget 2018 is indeed populist

The Union Budget seems to have elicited a starkly opposite view from rural India compared to urbanites, says Mahesh Vyas. Illustration: Uttam Ghosh/Rediff.com Budget 2018 is populist in at least two of its major measures.   It promised returns of 50 per cent on production of agricultural crops and a health insurance policy that is touted as bigger than Obamacare. The bombast has worked on the electorate. The consumer sentiments index went up by 3.8 per cent on February 1, the Budget day, ...
 Rediff.com2 months ago
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