Page 30 - Finance

US lawmakers welcome India's move to increase FDI in insurance to 74%

Two influential US lawmakers have applauded the Indian government's move to increase foreign direct investment in the insurance sector

Shravan Gupta Has Plans to Lead the MGF Group into the Future

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NBFCs expect higher credit loss on Covid-19 woes, says study

The study by leading consultancy EY is based on an analysis of the standalone financial statements of 42 NBFCs, including 14 Housing Finance Companies (HFCs), for the year ended March 31, 2020

India needs hundreds more banks; their ownership is not the main point

While deciding on policy regarding ownership of banks, it would be good to remember that banking is a commercial activity and therefore can't have zero risk

Is Wall Street's 'green is good' motto sustainable? Here's what experts say

Goldman Sachs recently announced a $750 billion, 10-year initiative in nine different areas such as clean energy, affordable education, among others

Podcast: Why RBI wants a risk-based insurance cover model for banks

At present, an individual's aggregate deposits in a bank, including fixed deposits, are insured for up to Rs 1 lakh by DICGC

Reserve Bank bans NBFCs from charging loan foreclosure penalties

Foreclosure charges are part of the fee income for any lender and adds to its bottom line

Unanswered questions about global finance

While the FSB appears sanguine that the exposure of commercial banks to shadow banking has been contained, and the latter is now being monitored, it remains outside the regulatory umbrella

India's working capital is vanishing and the next PM will need to find it

The world of finance will be keenly watching the election results as the future seems uncertain given the current scenario

Case study

Business Standard analyses one family's finances and suggests a way forward

The bird's eye view in finance

Micro prudential regulation of finance is essential

Retail securitisation volume doubles to Rs 1.9 trillion in FY19

One of the biggest reason was that few large mortgage players returned to the market in the first quarter of fiscal 2019 after clarification that securitised assets are not liable to GST

Piyush Goyal to meet heads of 13 public sectors banks on Tuesday

The meeting will see participation from PNB, Oriental Bank of Commerce, Punjab and Sind Bank, Uco Bank, United Bank of India and Allahabad Bank

Govt may launch Rs 5-bn credit enhancement fund in July: Finance Ministry

The fund will be sponsored by the India Infrastructure Finance Company and it will operate as a non-banking finance company