Finance Interviews

Satin Creditcare Network to build ₹100 cr buffer amid risks: H P Singh

The microfinance lender says it has seen no repayment stress from El Nino or the West Asia conflict but is building a cushion against potential shocks

Improved cross-border payment infra still has a long way to go: Movin Jain

Movin Jain, cofounder of Skydo talks on the challenges in international payments

Equitas SFB CEO Vasudevan quits over 'perceived conflict of interest'

Vasudevan says investor concerns over his daughter's association with an NBFC have weighed on the bank's stock performance; he will continue until a successor takes charge

GST officers told to split multi-yr tax notices, substantiate fraud claims

CBIC's new circulars seek greater clarity in GST notices and adjudication, while easing registration requirements, export payment rules and input tax credit distribution

PhonePe CEO Sameer Nigam backs DPDP Act, says no impact on business

At the Business Standard BFSI Summit, PhonePe CEO Sameer Nigam says the company established a dedicated data privacy function as early as 2018

Larger NBFCs stronger than in 2019; risks remain: Fitch's Elaine Koh

Fitch Ratings' Elaine Koh says larger NBFCs have strengthened since 2019, but rising household leverage, rapid credit growth and gold-loan exposure warrant close monitoring

Munich Re expects India to occupy more space in global portfolio: Jurecka

Christoph Jurecka says low insurance penetration, economic growth and a 95% natural catastrophe protection gap offer significant opportunities for reinsurance

AI will be revenue-accretive, LTTS sees no risk from US PERM: Rajeev Gupta

LTTS CFO Rajeev Gupta says AI-led deals accounted for half of the company's $203 mn large deal wins in Q2FY27, while sustainability and mobility growth support its outlook for a stronger second half

Open to acquisition to build capabilities: Piramal Finance MD & CEO

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

Plan to enter credit card biz in six months: South Indian Bank MD & CEO

South Indian Bank MD & CEO Mahesh Pai plans to enter the credit card business within six months, boost retail lending, expand branches and target 15-16% credit growth over the next two years.

Credit history won't decide a loan on its own anymore: IDfy Founder

Banks mostly go for larger loans, which are relatively safer. Digital lenders opt for smaller loans, much of it unsecured, says Ashok Hariharan, founder of IDfy

Festival demand already picking up: Canara Bank CEO Brajesh Kumar Singh

Brajesh Kumar Singh says treasury and forex income should improve, while the bank aims to raise ₹8,500 crore in capital this fiscal

MPC may reverse last rate cut, no big hike cycle seen: Neelkanth Mishra

If we can sustain our growth rates, I think the inflow of risk capital is also likely to persist, says Neelkanth Mishra, India's executive director at the World Bank

Govt should have made RBI's 2022 inflation failure report public: Janak Raj

We are still in the early stages of reaping the full benefits of FIT. It is, therefore, imperative to remain focused on the primary objective, he said

MPC external members should be appointed full-time, says Chetan Ghate

Ghate says flexible inflation targeting has established a credible nominal anchor, while stronger monetary-fiscal coordination remains important for managing inflation

MPC internal members must think independently of RBI: Ashima Goyal

Ashima Goyal says the inflation-targeting band gives the MPC the flexibility to look through temporary food inflation

'Best practices require publication of RBI letter on inflation target miss'

"Core inflation helps in assessing the persistence of inflationary pressures and the likelihood of second order effects"

NPS industry may double or triple in 5-6 years: SBI Pension Funds MD & CEO

SBI Pension Funds eyes the next phase of NPS growth through corporate subscribers, MSMEs and the informal workforce while strengthening its digital distribution capabilities

Insurers must compete on price, not distributor commission: Irdai chief

Irdai Chairman Ajay Seth says proposed insurance distribution reforms are not final and stakeholder feedback will be considered before draft regulations are issued

Rich valuations, elevated crude narrow equity opportunities: Andrade

Andrade says rising valuations and macroeconomic (macro) headwinds are narrowing the opportunity set in the equity market