Road to disciplining erring auditors is bumpy

There is a need for common framework of action against auditors rather than Kangaroo court-type decisions by regulators

from Business Line - Money & Banking https://ift.tt/3pyaVo8

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Public sector banks – the promise of a new dawn

Government move to revive them can boost India’s economic aspirations

from Business Line - Money & Banking https://ift.tt/3b4bihF

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Sovereign bond yields continue to harden on rising crude price, treasury yields

6.4 per cent-mark crucial support for benchmark yield

from Business Line - Money & Banking https://ift.tt/3EfI7VB

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Lending caps on NBFCs may offer big opportunities to small players

Many smaller NBFCs are likely to enter the estimated Rs 80,000-crore short-term funding market, hitherto the preserve of large entities such as Bajaj Finance, IIFL, and JM Financial. To be sure, the IPO financing market might shrink after the Rs 1-crore limit per borrower kicks in on April 1.

from Banking/Finance-Industry-Economic Times https://ift.tt/3vGHqSb

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P2P lending machine firing on all cylinders amid slackened bank loan disbursals

The bulk of the lenders filling up the rosters of prominent P2P platforms are return-hungry retail investors and traders with surplus cash flows. Low fixed-income returns prompting these high net worth individuals and family offices are writing large cheques favouring borrowers on these platforms.

from Banking/Finance-Industry-Economic Times https://ift.tt/3EbbwQM

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