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SBI Ecowrap News
Panic over proposed FRDI Bill is misplaced: SBI Ecowrap
Thu, Dec 21, 2017
Seeking to clear the confusion in the public domain, the report said, "First, whether the concept of bail-in is justified in Indian context. Such strategy is similar to the strategies adopted by EU countries like Cyprus whose per capital income is 14 times higher than India.
FRDI Bill will establish ‘Resolution Corporation’ to monitor financial firms: SBI Ecowrap
Thu, Dec 14, 2017
The proposed Financial Resolution and Deposit Insurance (FRDI) Bill seeks to establish a ‘Resolution Corporation’ to monitor financial firms (along with regulators), and resolve them in case of failure, said the SBI Ecowrap report.
Govt's digital payments push making banks suffer a loss of Rs 3,800 crore: SBI
Thu, Sep 28, 2017
The number of point of sale (PoS) terminals post demonetisation increased from 13.8 lakh in March, 2016 to 28.4 lakh in July, 2017.
Credit-growth at historic low; is it actually true?
Sun, Aug 20, 2017
Though credit growth is declining, but at the same time what needs to be look at is the expansion through non-banking channels and debt markets.
India Inc's owes Rs 27 lakh crore in loan payments
Thu, Jun 22, 2017
Despite reporting positive performance in FY17, India Inc still faces hard time repaying its debt. Outstanding loan funds reached to Rs 26.5 lakh crore in FY17.
India's unemployment rate sees sharp decline: Report
Sun, Mar 05, 2017
The number of works completed under MGNREGA increased by a whopping 40% to 50.5 lakh in 2016-17 compared to 36.0 lakh in 2015-16.
Profits improve as India Inc focuses on repaying loans
Thu, Jan 19, 2017
The banking sector and India Inc has been a story of over-leveraging for quite some time now. With non-performing assets (NPAs) and bad loans rising, deleveraging has been one of the major themes for corporate India in 2016. Also, the strategy seems to be paying off.