BUSINESS
What does inward remittance data tell us?
Indian migrants are no longer predominantly working in blue-collar jobs in the Gulf
BUSINESS
Chart of the Day | India Inc’s debt cushion remains strong despite dip in interest coverage
According to BoB Research, Indian industry remains well-positioned to meet its debt obligations, as reflected by the ICR. Despite the marginal dip, the ICR remains high by historical standards
BUSINESS
India’s P2P lending space needs overhaul, not a mere slap on the wrist
RBI’s crackdown on P2P companies exposes compliance failures
BUSINESS
Chart of the Day | How RBI under Malhotra is playing the liquidity puzzle
Since December, multiple rounds of OMOs, VRRs and forex swaps have been conducted to contain the liquidity situation.
BUSINESS
How serious is the IMF warning on NBFC concentration risk in India?
IMF report on NBFC concentration risk is a timely wake-up call to policymakers on potential risks. The RBI and Government need to pay attention.
BUSINESS
Banks are stronger than ever—So why are their stocks falling?
In terms of financial health, banks are in their best shape in at least a decade, valuations of large banks are fair. Bank stocks may be bearing the brunt of indiscriminate selling triggered by global factors
BUSINESS
What does RBI’s corporate performance data in Q3 tell us about India Inc's health?
Manufacturing firms have seen wage expenses surge by 9.5%, whereas staff cost of non-IT services companies jumped 12.4%—a sign of both a robust job market and an impending squeeze on profitability.
BUSINESS
RBI's credit flow easing measures signal pro-growth tilt
The central bank's move to lower risk weights on bank lending to NBFCs and excluding microfinance loans from higher risk weights applicable to consumer credit should boost lending
BUSINESS
Chart of the Day| MPC minutes show clear shift towards growth focus
Malhotra’s confidence in the disinflationary trajectory is well-founded. After breaching the RBI’s upper tolerance band in October, headline inflation has moderated, with food inflation showing clear signs of easing
BUSINESS
RBI Survey: Indian farmers still love cash, but digital is gaining ground
Cash remains king in India’s agricultural payments—but the tide is turning
BUSINESS
Chart of the Day | NBFCs’ overall loan growth moderates in December quarter, but gold loans surprise
India's loan growth story isn't over; it's merely taking a breather.
BUSINESS
What do Q3 asset quality trends for banks show?
While PSBs have cleaned up their books well, private sector banks (PVBs) are grappling with rising delinquencies in unsecured retail loans and microfinance portfolios.
BANKING
Exclusive Interview | Have seen material improvement in delinquency trends since November: Satin Creditcare CMD
While banks have slowed down on lending, foreign DFIs (development finance institutions) continue to lend to the microfinance sector, albeit selectively, said HP Singh
BUSINESS
Lower January inflation opens door to an April rate cut
The sharp fall in inflation, particularly food inflation dropping to 6% from over 8% in previous months, provides the RBI with much-needed policy space.
BUSINESS
Where does India stand against US in the trade war? These numbers say a story!
By definition, reciprocal tariffs mean imposing the same tariff rate on imports from other countries as those countries impose on US exports
BUSINESS
Karnataka Governor's rejection of MFI Ordinance a timely wake-up call for government
An excessive punitive approach not only risks stifling the microfinance sector but also threatens to undermine the very credit ecosystem that sustains the state's most vulnerable populations
BUSINESS
Quick Take: Sanjay Malhotra’s first rate cut marks an important policy shift for RBI
A faltering growth scenario required monetary policy support. Inflation, the old nemesis of rate cuts, is no longer breathing fire. The RBI used this window to change tracks
BUSINESS
SBI Q3 numbers tick all the right boxes, but challenges persist
SBI’s asset quality, while stable, hints at lingering fragility within sectors like microfinance
BUSINESS
Chart of the Day | Easing price trends set stage for a Friday rate cut
Food inflation, the villain in India’s inflation story, has finally begun to ease, although it is too early to say whether the decline is deceptive.
BUDGET
Big reforms missing in Budget, but banks could benefit from FM’s consumption boost
If the consumption boost translates into higher credit and deposit growth, the sector might still find reasons to cheer.
BUSINESS
Reforms in Insolvency Code: Why FM must take cues from Economic Survey
More courts, more benches, and better infrastructure were promised, but execution has been sluggish. Without immediate investment in strengthening the NCLT’s capacity, the backlog will only worsen, defeating the very purpose of the IBC
BUSINESS
Karnataka’s proposed MFI Bill can turn out be a double-edged sword for the industry
The proposed bill is intended to address the increasing complaints of harassment by lenders, especially in rural areas, where farmers and marginalized communities have become vulnerable to exploitative lending practices.
BUSINESS
Budget Snapshot | Agri credit target to cross Rs 28 lakh crore in this Budget, what’s in it for banks?
Banks are increasing fund flows to the agriculture sector because it’s an obligation under the rules. Under the priority sector lending (PSL) norms, banks are mandated to lend 18 percent of the adjusted net bank credit to agriculture
BUSINESS
Budget Snapshot | No pressing need to capitalise PSBs in this Budget
The RBI rules require banks to maintain a minimum Capital to Risk-Weighted Assets Ratio (CRAR) of 11.50%. This requirement applies to credit risk, market risk, and operational risk. As the chart shows, most PSBs have a CRAR of 16% and above
