DILIGENCE ACADEMY PVT LTD

With my Banking trainees from Delhi, Bangalore and Chennai from Gurugram

Waiver of EMI but not the interest will only add to the burden of the borrower in the long run. EMI relief may bring temporary relief by shifting the current dues to future but the interest accrued for two/ three months will be a disaster for those who plan their finance meticulously. I don't think that this proposal will attract many
Selvarajan

Bankers, govt officials oppose interest sop in moratorium period - Times of India India Business News: It is not just the Reserve Bank of India but even bankers and government officials are not in favour of waiving or offering interest concessions to bo

Demonetisation led to decline in MSME sector, GST dented exports: RBI study The MSME sector constitutes a vast network of over 63 million units and employs around 111 million people, contributing around 30% to the GDP, accounting for about 45% of manufacturing output and around 40% of total exports.

My RBS Trainees
Advanced UK Banking training program for IIM/IITians at Chennai... Brilliant guys

We are conducting a special training program for IITians at RBS Chennai from 11.6.18 to 15.6.18.

Planning your financial portfolio is an art and science. Quite often my students ask whether to invest in capital market directly or should follow SIP route. It is necessary that one should have a real portfolio and a shadow portfolio as well. Mutual fund and SIPs are safe route, no doubt. But the stigma "subject to market risk holds good in MF/SIP too. Risk appetite grows with age and declines when it reaches 60. In young age one must take some risk, a calculated risk.

Senior citizens privileges in banks - RBI circular

Senior citizens privileges in banks

Monetary Policy Committee (MPC) in India was constituted to review and decide changes in Interest rates and related Macro economic parameters. This 6 member committee is headed by 3 RBI Governor, and consists of 3 members from RBI, i.e., RBI Gov, ED and DY Gov in chg of Monetary policy while the other 3 are Independent academicians. This is a wise decision indeed to involve the intelligentsia of the country. The decisions are taken on the basis of voting. RBI Gov has the casting vote, in case of equal votes.

Interest free loans - good or bad ?
Banking survives on interest income through its core business,i.e. lending. If interest is not charged on loans, will it not affect balance sheet management. RBI panel will be studying the possibility of implementing the same , may be in the lines of Islamic banking. The time value of money is defined in its ability to expand, thanks to the interest factor loaded. We are of the opinion, the poorest of the poor should be given loans on lesser rates. Why can't we think of expanding the scope of DRI loans instead of Interest free loans?

http://www.business-standard.com/article/finance/rbi-to-explore-interest-free-banking-116082901134_1.html

RBI to explore interest-free banking In order to improve financial inclusion in the country, Reserve Bank of India is now looking at exploring the possibility of introducing interest free banking in the country for the first time."Some sections of the Indian society have remained

Kingfisher offer to settle Bank dues !!!
Mallya has offered about Rs 4000 Cr to settle the dues of the beleaguered Kingfishers Airline may come as a relief for Banks, but the fact is that this amount is not even half of the actual dues. The high flying business tycoon has already left the country whose whereabouts are in clouds. Very unfortunate that we are unable to do anything about this MP who is expected to represent the common man in the Parliament also. It is not one Mallya, there are hundreds of such high profile business people who are at large.