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Business News: Lending caps on NBFCs may offer big opportunities to small players

Lending caps on NBFCs may offer big opportunities to small players : Rashtra News New lending caps on NBFCs against funding initial share sales may throw up big opportunities for small players in last-mile financing. Many smaller NBFCs are likely to enter the estimated Rs 80,000-crore short-term funding market, hitherto the preserve of large entities

India , Raman-agarwal , Tushar-bopche , Karthik-srinivasan , Council-for-international-economic-understanding , Bajaj-finance , Brainstation-india , Reserve-bank , Area-chair , International-economic-understanding , Banking , Big

NITI Aayog CEO highlights education and skilling as India's key to future success

NITI Aayog CEO highlights education and skilling as India's key to future success
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Delhi , India , Council-for-international-economic-understanding , Facebook , Linkedin , Twitter , India-banking-conclave , International-economic-understanding ,

Listed cos elevate their capex performance, but unlisted cos lag, says CEA Anantha Nageswaran

Listed cos elevate their capex performance, but unlisted cos lag, says CEA Anantha Nageswaran
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India , V-anantha-nageswaran , Facebook , Linkedin , Twitter , Council-for-international-economic-understanding , Centre-production-linked-incentives , Chief-economic-advisor , Finance-ministry , India-banking-conclave , International-economic-understanding , Corporate-capital-expenditure

Mos Rajeev Chandrasekhar Lauds Financial Sector's Role In India's Growth

Mos Rajeev Chandrasekhar Lauds Financial Sector's Role In India's Growth
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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BharatX to invest USD 15 million in indigenous startups over 1.5 years

Startup accelerator BharatX will invest USD 15 million (about Rs 122 crore) over the next 18 months in the Indian...

India , Bharat , Munish-bhatia , Jagran-manch , Ashwani-mahajan , Council-for-international-economic-understanding , India-accelerator , International-economic-understanding , Swadeshi-startup-ecosystem , Real-bharat- , Swadeshi-jagran-manch , Bharatx

Indian startups to get Rs 112 crore funding from local accelerator BharatX

The swadeshi startup ecosystem in India has been developing with the growth of emerging technologies, young talent and infrastructure to support them.

India , Bharat , Munish-bhatia , Jagran-manch , Ashwani-mahajan , Council-for-international-economic-understanding , India-accelerator , International-economic-understanding , Swadeshi-startup-ecosystem , Real-bharat- , Swadeshi-jagran-manch , Startups

Freebies vs welfare

Inefficiency-breeding political gimmick or a necessity to uplift the poor... Making sense of the great debate. A cover feature by India Today magazine - Issue Date: Sep 5, 2022

New-delhi , Delhi , India , Pune , Maharashtra , Bundelkhand , Madhya-pradesh , Dharamsala , Himachal-pradesh , Uttar-pradesh , Kerala , Bihar

How App-based Loan Sharks Lay Death-traps For Borrowers

How app-based loan sharks lay death-traps for borrowers
Illegal app-based financiers are thriving across the country. These moneylenders target younger customers who look for quick loans for consumption purposes. On default, the harassment begins.
December 23, 2020 / 04:21 PM IST
It was a shocker for Rajiv, a 25-year-old engineering student in Chennai, when he received back-to-back calls from family members and friends last month seeking details of his loan default and offering monetary assistance to come out of the debt-trap.
Rajiv had drawn a Rs 50,000 loan from one of the digital lending apps for purchasing his bike. He couldn’t return the money within the stipulated period. Rajiv found that the app company had tracked down his contact details stored on the phone and started contacting them to flag the default. He managed to get some funds and pay back to the lender in the next two days.

China , India , Hyderabad , Andhra-pradesh , Jakarta , Jakarta-raya , Indonesia , Chennai , Tamil-nadu , Chinese , Anuj-kacker , Gaurav-chopra

Fixing the banking mess

ISSUE DATE: December 28, 2020
UPDATED: December 18, 2020 23:40 IST
Illustration by Nilanjan Das
India’s banking sector is frequently under the spotlight, and usually for unflattering reasons, from an insupportable pileup of loans gone bad (non-performing assets or NPAs in banking parlance) to outright fraud to cronyism or worse. The rot is endemic, has hit banks small and big, including some well-regarded names, and is by no means limited to the public sector. If government-owned banks like Punjab National Bank (PNB) and State Bank of India (SBI) have embarrassed themselves, names like YES Bank and ICICI Bank in the private sector have also made headlines for the wrong reasons. The list of banks of dubious honour is long, including, most recently, Lakshmi Vilas Bank (LV Bank), which the RBI (Reserve Bank of India) had to step in to bail out. The Covid-19 pandemic has aggravated the crisis by another order of magnitude, with the government-mandated moratorium on interest payments (it expired in September) and state-guaranteed loans threatening to further increase the already

Mumbai , Maharashtra , India , United-kingdom , Singapore , Pune , China , Boston , Massachusetts , United-states , Delhi , Indonesia