FINANCIAL RESOLUTION AND DEPOSIT INSURANCE BILL
First mutual fund investment for a 20-year-old
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From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side ...
Better-run banks will get bigger share of deposits
But now, banks penalise a deposit holder for walking into the branch.
Indian financial system in Darwinian mode, only fittest lenders survive: Uday Kotak
Kotak said the financial system is in a Darwinian mode as only the fittest lenders are able to survive.
Kill these 10 financial evils this festive season
These 10 financial habits are eroding your wealth. Here's how you can get rid of them.
RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?
The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%
How to resolve financial differences with adult children
During the child’s physical progression from toddler to teenager and adulthood, the emotional weft starts to wear thin due to the increase in financial strain. The financial instruments intended to bind the child to parent serve to sever the ties.
Best tax-saving options: Ranking of the top 10 instruments
ET assessed 10 tax-saving instruments on 8 parameters. Find out how the different options scored this year.
DHFL’s resolution plan may not appeal to lenders
According to lenders, conversion of debt to equity is a disguised haircut.
Is IBC the best way to treat bankrupt financial institutions? Here are some clues
For financial firms the appearance of stability is important as customer behaviour could change quickly.
Ola moves financial unit out of parent ANI Technologies
Ola aims to raise capital separately for the independent entity and will pit it directly against larger rivals like Paytm, Google Pay, PhonePe. Short-term credit, mobile wallet, insurance and utility bill payments are some of the services housed under Ola Money.
New IBC rules to cover financial service providers
The corporate affairs ministry has notified the Insolvency and Bankruptcy Rules, 2019. It will provide a generic framework for insolvency and liquidation proceedings of systemically important Financial Service Providers (FSPs) other than banks, an official statement said.
How to make your child grow into a financially self-reliant adult
Once your child gets a job, let them invest on their own. Do not do it on their behalf. While buying a house, do not take a joint loan or buy it for them. Let them conduct all the formalities and carry out the actual process of buying on their own.
SBI seeks FinMin's intervention for DHFL resolution
Lack of coordination is causing hurdles, SBI feels. The bank is worried about systemic risk if efforts to finalise the resolution plan do not go through. While NBFCs have taken a hit on their advances, banks have yet to mark such credit as NPAs.
RBI, Sebi ‘clash’ adds to defaulters’ resolution woes
Even if the bankers agree on a deal under the ICA, it is not binding on funds.
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