Journalism of Courage
Advertisement
Sunny Verma
Sunny Verma is a Senior Assistant Editor with The Indian Express and writes on economy and finance.
More From Sunny Verma - Page 12
Salons to stores to cafes: small services stare at end of roadSubscriber Only
May 04, 2020 05:43 IST
Wait for safety net as Covid threatens operations built on savings, struggle
Mon, May 04, 2020Second stimulus: Govt plans targeting based on need, MSMEs to begin withSubscriber Only
May 01, 2020 04:53 IST
PM wary of open-ended provisions: Fund for MSME with guarantee likely.
Fri, May 01, 2020
Sliding crude prices, struggling global energy cos deter govt’s BPCL stake sale planSubscriber Only
April 28, 2020 03:27 IST
The government may have to wait longer for bids at an attractive valuation as major international energy players are battling the financial stress caused by disruption in the crude oil market.
Tue, Apr 28, 2020
Pressure on MFs: Finmin takes note of Franklin, in talks with SEBI and RBISubscriber Only
April 27, 2020 04:39 IST
SEBI had written to RBI in March itself impressing upon it the need to provide a liquidity window for mutual funds.
Mon, Apr 27, 2020
Lockdown impact: Banks unable to send renewed debit, credit cards to customersSubscriber Only
April 22, 2020 01:20 IST
With the lockdown in place and courier service not being allowed to function by local authorities despite the Centre mandating a restart post April 20, bankers say they are unable to replace the expired cards.
Wed, Apr 22, 2020
Digital transactions rise sharply, banks’ RTGS up 34% in March: RBI dataSubscriber Only
April 20, 2020 04:01 IST
The usage of cash and other cash-based services, however, dipped during the period, the data showed.
Mon, Apr 20, 2020
RBI’s lockdown measures to provide short-term liquidity support to NBFCs, HFCs, MFIs: ExpertsSubscriber Only
April 17, 2020 16:12 IST
The RBI’s move would to some extent enable NBFCs to raise funding and roll over their loan obligations.
Fri, Apr 17, 2020
Explained: Why gold prices have been rising before and during COVID-19, what nextSubscriber Only
April 16, 2020 17:25 IST
While gold by itself does not produce any economic value, it is an efficient tool to hedge against inflation and economic uncertainties.
Fri, Apr 17, 2020
Explained: How a dollar swap line with US Fed can help in uncertain timesSubscriber Only
April 13, 2020 04:25 IST
India already has a $75 billion bilateral currency swap line with Japan, which has the second highest dollar reserves after China.
Tue, Apr 14, 2020
India, US in talks for dollar swap line to strengthen macro outlookSubscriber Only
April 09, 2020 00:10 IST
India liquidated its forex assets to stabilise the rupee which recently fell below the 76 level against the dollar. India’s foreign currency assets had declined by around $7.50 billion in two weeks to $ 439.66 billion as on March 27.
Thu, Apr 09, 2020
Despite RBI liquidity push, banks stare at fresh NPAsSubscriber Only
April 03, 2020 02:29 IST
It is learnt there was a concern among bankers that even if the lockdown is lifted on April 14, operations of a number of companies in specific sectors will not see business getting back to normal as the labour has moved out and the production may not be able to restart.
Fri, Apr 03, 2020
COVID-19 Effect: Even as FDs turn dull, stay with safe instruments in current timesSubscriber Only
April 01, 2020 04:00 IST
It will be difficult for small banks and NBFCs to raise deposits easily as the perception of deposits being safe have taken a hit after troubles at PMC Bank and Yes Bank.
Wed, Apr 01, 2020
RBI opens window to defer EMIs: here’s the dealSubscriber Only
March 27, 2020 13:38 IST
Amid lockdown, RBI has permitted banks to allow a 3-month moratorium on term loan repayments. But this is not a waiver — and banks will take the final call
Sat, Mar 28, 2020
Market slump hits govt’s divestment plans, may see shortfall of Rs 30K croreSubscriber Only
March 23, 2020 07:07 IST
“Given the volatility in Indian market is at its peak, it will be difficult to sell stakes even through routes such as offer for sale (OFS), which have fewer regulatory compliances and can be implemented quickly,” said a Delhi-based investment banker.
Mon, Mar 23, 2020
Health policies to cover coronavirus-related illnesses on the cardsSubscriber Only
March 19, 2020 03:05 IST
Health insurance is one of the fastest growing segments of the industry. During FY 2017-18, insurance companies collected Rs 37,029 crore as health insurance premium registering a growth of 21.8 per cent over the previous year.
Fri, Mar 20, 2020
Despite being ineligible in offer document, retail investors were sold Rs 1,000 crore of AT-1 bondsSubscriber Only
March 19, 2020 01:53 IST
Even as the bonds were not meant to be sold to resident individuals, Yes Bank branch officials sold it to individuals through various financial institutions.
Thu, Mar 19, 2020
Banks step up security for cards after RBI norms come into force on March 16Subscriber Only
March 18, 2020 03:25 IST
Banks, including State Bank of India, have started to disable existing cards which have never been used for online, international or contactless transactions.
Wed, Mar 18, 2020
Bank, Boom, BustSubscriber Only
March 15, 2020 03:30 IST
While the State Bank of India announced equity infusion of Rs 7,250 crore on March 12, ICICI Bank, Kotak Mahindra Bank, HDFC and Axis Bank on Friday said their boards have approved investments of Rs 1,000 crore, Rs 500 crore, Rs 1,000 crore and Rs 600 crore, respectively, in Yes Bank
Sun, Mar 15, 2020
Explained: AT-1 bonds and the concern over RBI’s reconstruction plan for Yes BankSubscriber Only
March 11, 2020 19:11 IST
The RBI reconstruction plan for Yes Bank puts to risk nearly Rs 9,000 crore worth of AT-1 bonds, affecting bondholders including Nippon Life India AMC, mutual fund house Franklin Templeton, UTI Mutual Fund, SBI Pension Fund Trust and Indiabulls Housing Finance.
Thu, Mar 12, 2020
Silver lining: Sharpest oil slump since 1991 may help ease pressure on deficitSubscriber Only
March 10, 2020 04:46 IST
In the biggest slump since the 1991 Gulf War, crude oil prices fell as much as 33 per cent between Friday and Monday and hit a level of $33 per barrel — as Saudi Arabia and Russia signalled they would hike output despite sliding demand globally.
Tue, Mar 10, 2020
Private banks lag in cutting lending rates, but slash deposit rates faster than PSBsSubscriber Only
March 09, 2020 01:00 IST
Banking industry executives said transmission is relatively faster on fresh loans, but that on outstanding portfolio takes times to adjust to new regime.
Mon, Mar 09, 2020
Day after, RBI unveils its revival plan for Yes Bank, says SBI willing to investSubscriber Only
March 07, 2020 04:45 IST
The scheme states that the investor bank should agree to invest in the equity of the reconstructed bank (Yes Bank) to the extent that post-infusion, it holds 49 per cent shareholding in the bank at a price not less than Rs 10 — face value of Rs 2 and a premium of Rs 8.
Sat, Mar 07, 2020
Early warning signals not heeded: Q2FY17 raised red flags, net NPAs doubledSubscriber Only
March 07, 2020 03:49 IST
Yes Bank’s gross NPAs surged 87 per cent from a year ago, with bulk of the jump being in the March and June quarters, following the RBI’s asset quality review.
Sat, Mar 07, 2020Bailout buzz, RBI supersedes Yes Bank board, caps withdrawals at Rs 50,000Subscriber Only
March 06, 2020 05:00 IST
The RBI directed Yes Bank that it should not grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment or otherwise enter into any compromise or agreement and transfer or dispose of any of its properties or assets.
Fri, Mar 06, 2020
RBI supersedes Yes Bank board: Scare after PMC, hope for revival in 1-month freezeSubscriber Only
March 06, 2020 04:55 IST
A senior official in the finance ministry said that the one-month moratorium will help work out a rescue plan, infuse adequate capital and avoid undue panic in the market. “It is a decisive step to protect all stakeholders, especially depositors,” he said.
Fri, Mar 06, 2020Journalism of Courage
Install the Express App for
a better experience
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us