Page 2 - India’s Financial System
Why RBI is concerned about Equitas SFB's new scheme for Google Pay users
The RBI is weighing carefully if this could eventually lead to a backdoor entry of Big Tech in the Indian banking system
 "Why RBI is concerned about Equitas SFB's new scheme for Google Pay users")
Google Pay will always partner with existing financial system: Biz head
Sajith Sivanandan also dwells on instances where certain offerings have been reported as 'Google Pay's offerings', fueling misinterpretation
 "Google Pay will always partner with existing financial system: Biz head")
Statsguru: Seven charts explain India's tryst with cryptocurrencies
Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009
 "Statsguru: Seven charts explain India's tryst with cryptocurrencies")
Constitutional challenges to a complete cryptocurrency ban in India
The need then is to regulate, not ban, experts say
 "Constitutional challenges to a complete cryptocurrency ban in India")
Budget: Trust in financial system will rise if promises implemented well
The writing is on the wall. The next investment product to lose the unwarranted tax exemption will in all likelihood be traditional life insurance products
Parliament to consider bills to ban private cryptocurrencies, set up DFI
The Bill will prohibit all private cryptocurrencies in India, but will allow for certain exceptions to promote the underlying technology of cryptocurrency, and its uses
 "Parliament to consider bills to ban private cryptocurrencies, set up DFI")
Finance to the fore
Many firms will seek capital. The financial system will decide which ones get it
 "Finance to the fore")
Dear governor, why save the bullet? Use it now
Beyond perking up the economy, the RBI needs to ensure proper functioning of the bond market, the credit market and the larger financial system
 "Dear governor, why save the bullet? Use it now")
Banks should 'deeply involve' those brought into financial system: Kovind
"The challenge before us is to deeply involve those included. I would urge all of you to think of financial products that meet the needs of those at the bottom of the ladder," Kovind said.
 "Banks should 'deeply involve' those brought into financial system: Kovind")
The lure of dollar bonds
Surge in foreign borrowing poses risks
 "The lure of dollar bonds")
Can banks survive negative rates, instability in global financial system?
The spread of unconventional monetary policies threatens to set off dangerous and unpredictable feedback loops
 "Can banks survive negative rates, instability in global financial system?")
Govt to upfront infuse Rs 70,000-cr capital into public sector banks
The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore, she said at a press conference
 "Govt to upfront infuse Rs 70,000-cr capital into public sector banks")
India's financial system and crisis: Dealing with this air pocket
Private persons, domestic and foreign, need to see a capable Indian policy establishment that is able to work with clarity and cohesion
 "India's financial system and crisis: Dealing with this air pocket")
