RBI further opens the Small Finance Bank route
Key announcements… why RBI is keen on small finance banks … and what can be some key questions/ concerns?
Key announcements… why RBI is keen on small finance banks … and what can be some key questions/ concerns?
This came as a huge relief to more than 82,000 clients of Karvy getting back shares estimated at Rs 2,000 crore. Over last few days, there has been a huge uncertainty around what would happen to the shares fraudulently pledged by Karvy (belonging to its clients) to banks and the finance companies to obtain funds … Read more
The events continue to defy any logic. I continue to look for the answers !
The deal was in works since the beginning of the year and recently in August Future group had announced that Amazon has agreed to pick up pick up 49% stake in Future Coupons, the promoter entity of Future Retail. The deal thereafter went for The Competition Commission of India’s (CCI) approval, which has now been … Read more
Talk of the town… Everyone is wondering whether to invest or not… 6 key pointers to consider
Government goes slow on procurement of electric vehicles, limits sourcing —- When I saw this news today, it suddenly reminded me of the numerous arguments that I had on the subject of electric vehicles (EV) with some of my closest friends over the last one year. Thought of putting up a quick post so that … Read more
As a past banking sector analyst, I couldn’t stop myself commenting on this. The views are strictly personal. The Reserve Bank of India (RBI) restricted Mumbai based Punjab and Maharashtra Cooperative (PMC) Bank from the close of business on September 23, 2019, for a period of six months. PMC is a large co-operative bank with … Read more
The much awaited JioFibre broadband plans are out. Details are available on the Company website. The plans range from Rs 699/ month to Rs 8,499/ month with minimum speed of 100 mbps going all the way upto 1GBPS. Along with the broadband internet services, Jio offers its customers multiple other value added services – landline … Read more
Recently, you would have come across some news on the subject. Main reason for speculation is the significant difference that currently exists between two classes of shares of Tata Motors. Normal Tata Motor Shares – current trading at Rs 111/ per share DVR Tata Motor Shares – currently trading at Rs 50.50/ share The main … Read more