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    1. Business News
    2. Authors
    3. sachin kumar

    Sachin Kumar

    Banking, Banks, SBI, Market, MFs
    MFs, insurers should support corporate lending growth: CS Setty

    Setty said low-cost current account savings account (CASA) of banks may fall further due to efficient cash management by the…

    By Sachin Kumar
    September 19, 2024 05:15 IST
    Banking, Banks, NBFCs
    Account Aggregators plan to launch interoperability

    For institutions, interoperability will create a unified data-sharing environment, enabling them to access customer financial data from various sources without…

    By Sachin Kumar
    September 18, 2024 02:45 IST
    FPI, FAR, Market
    FPI inflows into FAR bonds cross $6-billion mark

    Strong inflows have dispelled concerns raised by some investors after the RBI decided to exclude certain securities from FAR bonds.

    By Sachin Kumar
    September 17, 2024 21:25 IST
    HDFC Bank, HDB Financial Services, IPO, IPO news, fundraise, equity shares
    HDFC Bank aims to boost income of 500,000 farmers by 2025 via CSR initiative

    The bank plans to provide skill training for nearly 200,000 individuals to equip them with capabilities that drive self-sufficiency.

    By Sachin Kumar
    September 16, 2024 19:07 IST
    Banks raise Rs 50K cr via infra bonds so far in FY25
    Banks raise Rs 50K cr via infra bonds so far in FY25

    Among lenders, SBI has raised Rs 20,000 crore in two tranches, while Bank of Baroda and Canara Bank have mopped…

    By Sachin Kumar
    September 16, 2024 03:00 IST
    Fintech innovation hub
    Fintechs raise Rs 1,400 crore from private credit firms in H1

    The cost of borrowing varies across companies based on their size, with those having larger assets under management or bigger…

    By Sachin Kumar
    September 9, 2024 04:00 IST
    P2P lenders, rbi, banking
    Onboarding by P2P lenders plummets more than 90%; most platforms halt new user addition

    While some players have stated that the pause is temporary, allowing them to align their systems with the RBI’s new…

    By Sachin Kumar
    September 5, 2024 06:30 IST
    SBI chief CS Setty
    Banks now comfortable in lending to MSMEs: SBI chief

    Speaking at the Confederation of Indian Industry’s (CII) Finance Summit, he said for loans of up to Rs 5 crore, SBI is…

    By Sachin Kumar
    Updated: September 3, 2024 13:45 IST
    consumer goods, FMCG, durable goods, discretionary demand, consumption expenditure, private consumption, Prestige & Above segment, alcobev industry, election season, price hike, Nykaa, beauty & personal care, margin improvement, ad revenue, QSR segment, inflationary pressures
    Payment aggregators plan negative database to combat frauds

    With the rise in internet penetration and the growing number of online transactions, cases of digital payment fraud have significantly…

    By Sachin Kumar
    September 2, 2024 00:10 IST
    SBI is working on a five year roadmap focussing on technology and technological resilience and the bank is aiming to create an omnichannel experience with YONO 2.0 app.
    Competition for deposits for some more time: Shetty

    With deposit growth trailing the credit growth, banks are struggling to mobilise funds from depositors.

    By Sachin Kumar
    August 30, 2024 22:56 IST
    With this feature, an individual gets the flexibility to customise the use of her digital rupee.
    Programmable features of CBDC pilot extended to more user cases

    This allows individuals, who are part of the pilot project, to programme the digital rupee for a specific purpose, location…

    By Sachin Kumar
    August 30, 2024 02:00 IST
    The NPCI chairman said financial crime and frauds not only threaten the stability of financial systems, but also have profound social impacts.
    NPCI running pilot programme to identify mule accounts

    Mule accounts are owned by people who are duped by fraudsters into laundering illegal money via their bank accounts.

    By Sachin Kumar
    August 30, 2024 01:24 IST
    Will focus on small deposits to boost liquidity: SBI MD
    Will focus on small deposits to boost liquidity: SBI MD

    Managing Director of the State Bank of India, Ashwini Tewari said a correction in the equity markets over time can…

    By Sachin Kumar
    August 29, 2024 02:45 IST
    Challa Sreenivasulu Setty, sbi, banking
    Challenges await Setty as he takes charge of SBI

    With deposit growth trailing the credit growth, banks are struggling to mobilise funds from depositors.

    By Sachin Kumar
    August 27, 2024 21:42 IST
    market, uli, Unified Lending Interface, banking
    Will expand market: Digital lenders hail launch of ULI

    Many individuals in these areas are financially active and have credit histories, but their records are not in the form…

    By Sachin Kumar
    August 26, 2024 22:29 IST
    Since monetary policy acts with a lag it has to be forward-looking.
    ‘India’s inflation may already be at 4%’: Ashima Goyal, external member, MPC

    Inflation is poorly measured in India as well as in any country since technology is changing consumption baskets rapidly, says…

    By Sachin Kumar
    August 26, 2024 00:40 IST
    In picture: Jayanth Varma, external member, MPC
    ‘It is perhaps best that policy stance be scrapped altogether’: Jayanth Varma, external member, MPC

    I think India has sufficient monetary autonomy to formulate its monetary policy based on domestic macroeconomic considerations, says Varma.

    By Sachin Kumar
    August 25, 2024 21:13 IST
    ECB, US Fed, RBI, RBI MPC, rate cut, repo rate, interest rate, inflation, food costs, US inflation, policymakers, Indian economy
    VRRR auctions get lukewarm response from banks

    Liquidity surplus has fallen in the current month as the central bank has increased the pace of VRRR auctions to…

    By Sachin Kumar
    August 24, 2024 02:00 IST
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