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FICCI-IBA survey: Banks say NPAs may rise in MSME sector in next 6 months The pressure on asset quality of loans to micro small and medium enterprises (MSMEs) is set to increase, leading to a rise in non-performing assets (NPAs) in this segment in the next six months, according to a survey by the Federation of Indian Chambers of ...

investing: Having spiritual self-awareness makes you a better investor [ad_1] Every Sunday evening, I do a half hour Q&A show on All India Radio where listeners call in with their investing queries and I answer on live radio. This has been going on for more than a decade and I quite enjoy a format that is so different from writing ...

Bitcoin hovers around $20k as Fed chief’s hawkish comments weigh on crypto Bitcoin is seeing sustained trading below $20,000 for the first time since mid-July, as risk appetite wavers after Federal Reserve Chair Jerome Powell stressed that interest rates may have to stay elevated to stamp out inflation. The largest token fell as much as 2.3% on ...

Retirement: Starting a business after retirement is good on paper, but pitfalls are many [ad_1] We were meeting friends over dinner after a very long time. The conversations extended well beyond midnight and by then we had split into ginger groups that were deeply discussing favourite topics. One of them decided that he will talk about his new venture with ...

Gap between slippage and recovery has narrowed: City Union Bank CEO Kumbakonam-based private sector lender, City Union Bank, has said slippages to the non-performing asset category have slowed down during the past two quarters, and are now tracking the pre-covid numbers. The lender added that the gap between slippage and recovery has also become thinner. Speaking to Business Standard ...

4 reasons analysts are now bullish on Paytm stock [ad_1] Helped by a growing number of payment devices and growth in bill payments, the digital payments and financial services company One 97 Communications (Paytm), reported strong growth in revenue of 89% y-o-y from operations in the first quarter of 2022-23. The EBITDA (before ESOP costs) loss of Rs.275 crore was ...

RBI to set up fraud registry to check banking frauds: Executive Director The Reserve Bank of India (RBI) is considering setting up a fraud registry to create a database of fraudulent websites and phone numbers with locations as part of its efforts to strengthen customer protection and check digital frauds. Speaking with reporters, RBI Executive Director Anil ...

Property Rights: My uncle doesn’t want to share grandfather’s property. What can my mother do? [ad_1] Raj Lakhotia, Founder, Dilsewill answers readers queries related to estate planning. Q.My grandfather has a son and three daughters, one of them being my mother. He passed away and my grandmother wrote a will, but my mother doesn’t know what is in it. Now, ...

RBI support pulls rupee up from fresh lows, helps currency recoup losses After weakening to a new low against the US dollar on Monday, the rupee recouped most losses as market interventions by the Reserve Bank of India (RBI) in the form of dollar sales reined in depreciation in the domestic currency, dealers said. The rupee touched ...

Heirs can claim payout after accident victims’ death: Karnataka high court [ad_1] (This story originally appeared in on Aug 29, 2022) BENGALURU: Legal heirs of a person injured in a vehicle accident have the statutory right to claim compensation after his/her death, the Karnataka high court has said. The HC made the observation while hearing a petition from relatives of ...