“If distribution was the engine, taking it out won’t make the car lighter and faster,” says PB Fintech, calling IRDAI’s consultation paper ‘quite extreme’ after its shares crashed 36% on Thursday.
@sheersh0510
https://t.co/t6mA3X96RK
#PBFintech#Policybazaar#IRDAI #StockMarket #InsuranceNews
Banks must move from collateral to cash flow, says PM’s Principal Secretary PK Mishra.
Speaking at the SBI Conclave, Mishra called for deeper capital markets and a lending system focused on a business’s cash-generating ability to finance India’s next phase of growth.
✍️ @madeehamedia and @sheersh0510 report.
https://t.co/jp23JsZBT3
#Banking #Economy #Credit #India
Why did the BOJ’s latest rate hike fail to rescue the yen?
The Bank of Japan raised rates by 25 bps to 1.25%, its fastest hike in more than three decades. Yet the yen weakened as traders focused on internal dissent and doubts over how far rates can rise.
✍️ @sheersh0510 explains what’s weighing on the yen.
https://t.co/on9Fiicclp
#BOJ #Yen #JapanEconomy
#India’s current account deficit widened to $7 billion in July from $3.2 billion a year earlier, even as the BoP surplus surged to $20.8 billion.
Stronger capital inflows, particularly NRI deposits, helped offset the wider trade gap.
✍️ @sheersh0510 reports.
https://t.co/pRZyQX7OOU
Almost four months.
Four months since I faced a camera.
Four months since I wrote a word.
A lot has happened in those four months.
A lot has been left unsaid.
Finally, I faced the camera again.
And this time, I have something to say.
Today. 6 PM.
I’ll tell you the rest there.
https://t.co/2b1aKXHyh4
#CNBCTV18EXCLUSIVE
RBI Rejects Tata Sons application per sources.
#TataSons application for voluntary surrender of the certificate of registration has been rejected
Tata Sons has been asked to comply with upper layer regulations
This will mean Tata sons will have to look at a listing
#BreakingNews @CNBCTV18News@CNBCTV18Live
🎙️#Exclusive | @RBI Governor #SanjayMalhotra says it was never the regulatory intent to allow NBFCs to offer revolving credit.
🏦 He says the draft proposal is a clarification of the existing position, while the RBI will review industry feedback before finalising the rules.
✍️ @latha_venkatesh and @sheersh0510 bring the key takeaways from the exclusive interaction.
https://t.co/IGAxoF23xs