User: anushyab Topic: Urban Economic Growth Development
Category: Banking
Last updated: Dec 15 2017 10:52 IST RSS 2.0
 
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Low-cost ways to get out of credit card debt trap 15.12.2017 Rediff: Top Stories (India)
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
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Puducherry in for a financially stressful period 15.12.2017 Hindu: Tamil Nadu
Time to repay principal amount borrowed from open market through the RBI; freebies and welfare measures adding to the burden
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Cash still king: e-payments growth is slowing 14.12.2017 Deccan Herald - Analysis
The rise in electronic payments after demonetisation has received much attention. Most of the attention has been self-congratulatory and premature. A close look at Reserve Bank of India statistics offer a mixed picture, indicating that while they are increasing in value and volumes, they are unlikely to offers an alternative to cash anytime soon despite the strong push by the government, slow pace of remonetisation and non-functional ATMs in many rural and sub-urban areas. The preoccupation of the banks in the public sector with their non-performing assets means that they have little time or resources to invest in digital payments. The inability of the public sector banks, which have last mile connectivity, comes at an inopportune time, when the uninitiated customer is willing to experiment with digital payments due to their supposed convenience. A cursory glance at RBI representative data on electronic payments and RBI bulletins indicate that post-remonetisation and attendant improvement in cash ...
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‘Lighthouse projects to spur digitisation’ 14.12.2017 Hindu: Business
The government and the industry on Thursday decided to carry out a number of ‘lighthouse projects’ to spur digitisation. “We had very fruitful discussion on how the private sector, including the IT-BP...
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HomeLane raises $10m from Accel Partners, others 14.12.2017 HBL: Home
Online home interiors brand HomeLane.com on Thursday said it has raised $10 million from Accel Partners, Sequoia Capital and RB Investments. “The funds will be deployed to fuel growth and technolog...
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PVR to invest $11 mn to ramp up 4DX screens 14.12.2017 HBL: Companies
Signs deal with South Korean company
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I-T department exploring ways to tax bitcoin transactions 14.12.2017 News
Last week, the RBI said it was concerned about bitcoin stocking fears that a rapidly swelling bubble could burst
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India's tax department considers tax on virtual currencies 13.12.2017 Market News
NEW DELHI (Reuters) - India's central tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as the Reserve Bank of India (RBI) has warned against dealing in virtual currencies.
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Bank depositors’ interests will be protected, assures PM 13.12.2017 BusinessLine - Economy
Blames UPA for NPA mess; says industry bodies should have been more vigilant
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Hitting the bottom 13.12.2017 HBL: Opinion
Demonetisation did impact the poor in India
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India's tax department considers tax on virtual currencies 13.12.2017 Sify Finance
NEW DELHI (Reuters) - India's central tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as the Reserve Bank of India
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As entry-level bike segment roars back to life, it’s advantage HeroMotoCorp 12.12.2017 HBL: Companies
Company’s sales in 75-110cc segment grow 10% in first half
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With ₹5 cr, Venture Catalysts turns angel for Kolkata-based café chain Chai Break 11.12.2017 HBL: Home
Plans to expand to tier II, III cities
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From solid gold to liquid cash: the alchemy of ‘gold loans’ 11.12.2017 HBL: Home
Overcoming the taboo associated with pledging gold, consumers are unlocking value from their holdings
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Benefits of fast-frequency economic data 11.12.2017 Columns
BSE-CMIE-UMich consumer sentiment index is not much in variance with RBI survey. While latter shows 4.6% fall in urban current situation in Nov over Sep, the former shows 2.7% fall
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SBI changes names, IFSC codes of around 1,300 branches 11.12.2017 BusinessLine - Money & Banking
The bank has put up the list of branches with old and new names and IFSC codes on its website.
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SBI tweaks IFSC codes for 1300 branches 11.12.2017 Sify Finance
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SBI changes names, IFSC codes of around 1,300 branches 11.12.2017 Hindu: Business
The bank has close to 23,000 branches and has put up the list of branches with old and new names and IFSC codes on its website.
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Used car portals innovate to fill trust gap 11.12.2017 Business Standard: Today
Convincing customers remains the biggest challenge for online firms, as service tends to be hyperlocal barring in big cities
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UM Motorcycles opens third dealership in Hyderabad 10.12.2017 BusinessLine - News
UM Lohia Two Wheelers, the Indian arm of American motorcycle maker UM International along with Lohia Auto, inaugurated its third dealership Hyderabad Deccan UM in Hyderabad. The dealership is spre...
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