Sep 6, 2016 - As Raghuram Rajan departs, RBI opens door to Islamic finance

TradeBriefs Newsletter
View online   Advertise
              from India Finance






Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
A prime minister's job is complicated, and full of noise. In India, it's often difficult to differentiate between signal and noise, as acknowledged by Max Rodenbeck of The Economist. While Modi has been clear to stay above the day-to-day happenings, on some issues like the recent Kashmir issue, it would have been better if he had spoken earlier. Since he has spoken, things have started moving towards a solution. Similarly, it seems like Raghuram Rajan felt unsupported by the government's silence, leading to an 'unnecessary' exit. More here

Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).

SIDBI’s Standup Mitra Portal, set up under GOI’s Stand-Up India scheme, reaches over 96,000 loan sanctions

The Standup Mitra Portal, which was set up by Small Industries Development Bank of India (SIDBI), under the guidance of the Department of Financial Services, Ministry of Finance, to pioneer national mission of Stand-Up India has successfully recorded more than 96,000 loan sanctions worth more than Rs 21,000 crore as on September 30, 2020. The portal was launched in April 2016 to extend online financial assistance to the unserved and underserved segment of the society without the need of visiting any bank branch and apply for loan online under the Stand-Up India Scheme.

Read More


Today's TradeBriefs Cartoon

India Streamlines Patent Rules To Promote Ease Of Doing Business

Requirements related to filing of Form 27 and submission of verified English translation of documents have been streamlined.

Read More
We need domestic financing so that we are not dependent on vagaries of global capital: Jayant Sinha

"Its very important for private financing, venture capital and private equity that we need to have a level playing field. The gap now is that we do not have the domestic institutional investors that can enable us to create venture capital funds," Sinha said.

Read More
View: How to make China’s loss in global FDIs India’s gain

In most cases, OECD economies will not move their China-based factories home. More likely is a steady, deliberate shift of marginal foreign direct investment (FDI) away from China and toward emerging economies. This redistribution will not be even — it will reward the winners of a competition among many nations to establish themselves as an attractive alternative to China.

Read More
Banks turn to AI to curtail loan frauds

Having burnt its fingers in the Nirav Modi scam and seen quite a few wilful defaults, Punjab National Bank has decided to outsource its early warning signal (EWS) system

Read More
SBI signs $1-bn loan agreement with Japan Bank for International Co-operation

The loan will provide funds for manufacturers, suppliers and dealers of Japanese automobiles in India

Read More
Axis Bank posts Rs 1,682cr profit for Sept qtr

India Business News: Mumbai: Axis Bank has reported a net profit of Rs 1,682 crore for the quarter ended September as against a loss of Rs 112 crore in year-ago period.

Read More
Facing credit card defaults, banks move to settle dues

Banks and card issuers have managed to show lower NPAs so far due to the moratorium that was valid till August 2020 — the issue of interest waiver is being heard in the Supreme Court.

Read More
Mohit Talwar completes tenure as Max Group Vice Chairman

India's leading multi-business conglomerate Max Group announced today that its Vice Chairman Mohit Talwar, who is approaching retirement age, will relinquish his role as Vice Chairman, Max Group and Managing Director, Max India - the Group'

Read More
Why this growth crisis can be an inflection point for India

One of nation's top fund managers, Navneet Munot, talks about why India should not fall prey to '5% is the new normal' narrative. He suggests key measures India must put in place to become a $5 trillion economy

Read More
Centre raises hopes of free COVID-19 vaccine, but benevolence cant be at the cost of the economy

The same funds could be used to provide food, medical care or support businesses as India looks to revive its economy.

Read More
US elections: What’s at stake for India’s economy?

Four more years of Trump could mean more hardship for Indian firms, but a Biden presidency may not be too different.

Read More
5G: ‘mmWave’ spectrum can trigger USD 150 bn in additional GDP for India, says report

India will benefit significantly from mmWave-enabled 5G, said the latest report by global telecom industry body GSMA.

Read More
TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India