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George Mathew

Articles By George Mathew

75 Articles

Govt moves to revamp interest subvention scheme despite RBI Guv Raghuram Rajan’s opposition

RBI Governor Raghuram Rajan had recently said that 'Interest subventions distort the price of credit and lead to misuse.'

RBI monetary policy review, Raghuram Rajan

14 PSBs in govt’s hot list for high level of stressed assets

As many as 14 public sector banks have reported stressed assets — non-performing assets (NPAs) and restructured loans...

bank of baroda scam

RBI Guv Raghuram Rajan taking a closer look at rate transmission issue

The Reserve Bank of India has decided to look into the issues delaying the transmission of interest rate cut...

Raghuram Rajan, Reserve Bank of India, RBI, RBI rate cut, RBI interest rate

Debt recast scheme failing, NPAs may cross Rs 30K crore

Troubled cases rise to 121 in four years, bankers fear more to come..

CIBIL report, read CIBIL report, CIBIL report points, know CIBIL report, cibil score, cibil score knowing, money

PSBs generate Rs 21,700 cr bad loans in three months

Rising NPAs: 11.6% of loan portfolios are considered stressed assets.

State Bank of India

Deepak Parekh sounds bugle, says doing business far from easy for India Inc

Deepak Parekh’s interview to news agency PTI that India Inc’s patience was wearing thin with little improvement...

hdfc bank

Govt participation in proposed nuclear pool to be brought down

State-owned General Insurance Corporation is making efforts to involve private sector companies and international resinsurer...

Civil Nuclear Liability Act, Nuclear Insurance, GIC

Third party premium on vehicles set to see a sharp hike

Vehicle owners will have to shell out a higher amount as third party insurance premium from the next financial year.

NGT ban: Auto companies seek clarity on sold, unregistered vehicles

OMCs back in the black, challenges for explorers

For India’s state owned oil refining companies, the sharp fall in global crude oil prices has meant...

Sensex Nifty September 23

Pension norms set to be rolled out, tax break sought

Keen to kickstart pension reforms, the finance ministry has asked the PFRDA to notify all regulations...

National Pension System, National Pension System equity exposure, tax, Tax sops, govt tax, tax govt staffs, PFRDA, personal finance, business news

Ordinance impact: Govt can dilute stake in PSU insurers

The government is now in a position to dilute its equity stake by up to 49 per cent in five public sector general insurance companies...

Life insurance - NPS

Falling rupee comes amid slowdown in global growth: All you need to know

The Indian rupee is facing turbulent weather because of the impact of both global and domestic issues.

Uber under rape scanner, but new players technology push growth in radio cab sector

Uber may be under scanner after rape case, but the radio and mobile taxi segment is witnessing a significant growth.

With tax incentives, pension funds can be on a par with EPFO products: PFRDA’s Hemant Contractor

PFRDA is getting ready to bring in a host of regulatory measures in the next two months.

EPF, EPF tax, EPF tax facts, EPF tax row, EPF tax facts 2016, EPF tax scheme, EPF tax scheme 2016, EPF tax scheme, EPF tax scheme issue

Rate cut pressure on RBI: this time it’s the markets

Yields on state govt bonds and commercial paper have fallen

RBI, reforms, structural reforms, RBI structural reforms

Nationwide air ambulance project set to take off

Air ambulance service, which is common in developed countries, is expected to kick off in India in the last quarter of 2015.

Home loan NPAs rise by Rs 1,000 crore in 6 months

Defaults by home loan customers are on the rise. Non-performing assets (NPAs) in the housing loan...

housing scheme, housing scheme 2015, affordable house plans, EPFO, EPFO India, EPFO news, DDA, PUDA, HUDA, housing finance companies

Projects worth Rs 18 lakh cr await resolution from Project Monitoring Group

Unresolved projects include 110 coal projects, Rs 12,000 cr Delhi Aerocity project, Rs 22,587 cr Essar Steel complex in Orissa.

NBFC governance and transparency: Reserve Bank takes a step forward

Three years after a panel headed by former Reserve Bank of India deputy governor Usha Thorat...

RBI unlikely to relent to India Inc’s rate cut call

Finance minister’s recent call to lower rates has revived expectations for cut in interest rate.

Insurers lose Rs 4K cr in J&K floods, cyclone Hudhud

Insurance companies have suffered losses of over Rs 4K crore in Jammu & Kashmir floods and cyclone Hudhud...

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