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JYOTI PRAKASH GADIA
RBI's record dividend payout to provide partial cushion to stressed govt finances: ExpertsThe all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RB...
RBI policy shows steady follow up action to Budget announcements, say expertsThe Reserve Bank of India kept its benchmark interest rate unchanged on Friday, as expected, as inflation remained at manageable levels and...
Resurgent India launches Special Situation AIF Fund, targets Rs 500 croreResurgent India has launched a Rs 500 crore Special Situation AIF Fund, with Rs 100 crore already deployed in a stressed asset. The fund wi...
RBI should have gone for a deeper rate cut, say economists and industry leadersRBI Repo Rate: The Reserve Bank of India's recent repo rate cut of 25 basis points has sparked debate among experts, with many advocating f...
Buyers in possession should get ownership of flat: IBBIThe Insolvency and Bankruptcy Board of India (IBBI) has proposed new rules that could expedite the resolution process for bankrupt real est...
IBBI proposes to expedite flat ownership transfers in insolvent projectsThe Insolvency and Bankruptcy Board of India (IBBI) has put forth a proposal that could expedite the resolution process for stressed real e...
IBBI proposes new liquidation mechanism to boost recoveryStressed assets undergoing liquidation under insolvency laws will now be listed and auctioned on the eBKray platform, run by PSB Alliance. ...
New UPI rules for access for prepaid instruments: Now you can transfer funds from prepaid wallets using third party appsReserve Bank of India UPI: Now individuals don't need to depend upon third party prepaid payment instrument (PPI) wallets in order to make ...
Government tightens rules on global credit card transactions by Indian travellers abroad, LRS comes into playThe Indian government has ended a key relaxation on the use of international credit cards (ICCs) by residents touring abroad. Such transact...
High NPAs in education loan segment turn banks cautiousHigh defaults of about 8% in the education loan portfolio have made banks cautious and go slow on the sanction of such credit. Non-performi...
Can asset monetisation, privatisation trigger an investment cycle?Already this fiscal, the government has managed to kick off the first privatisation exercise of a public sector enterprise in 19 years, sel...
The hydra-headed monster that wants to gatecrash your retirement partyWhile Indians score poorly when it comes to retirement savings, those who do save show an inclination towards safe and assured return produ...
Bank FD to fetch negative real interest with elevated inflationLast week, the RBI said that the Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22 with risks e...
RBI's MPC begins deliberations; likely to maintain status quo on interest rateExperts are of the view that the RBI may prefer to wait and watch for some more time before taking any major action on the monetary policy ...
Running gives Resurgent India MD some me-time to introspectJyoti Prakash Gadia relies on running and his spiritual beliefs to be healthy.
Need for relook at differential rates structure to help MSME: ExpertsUnder the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those n...
RBI'S MPC starts deliberation on policy rateAfter its last MPC meeting in October, RBI kept policy rates unchanged to help tame inflation that in the recent times has surged past 6 pe...
RBI's Monetary Policy Committee begins deliberations, to announce policy review on FridayThe government has now appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the MPC headed by...
FM asks banks and NBFCs to roll out resolution schemes by September 15The finance ministry has also been in touch with the RBI to ensure that the lenders are assisted by the central bank during the resolution ...
Mergers of small banks may hurt MSME sector: ReportMergers of smaller banks into big will hurt credit sourcing for MSMEs, as smaller banks will be losing their identity, Resurgent India Mana...