India converted the Development Financial Institutions into Banks or NBFC which was not a wise decision and former RBI governor long argued on the revival of these institutions.
Closing down term Institutions was mistake in India?AshishPawar117
RBI Governor C Rangarajan, have long argued that closing down term finance institutions was a mistake and that we need to revive these in order to facilitate long term financing (given that bond markets have not taken off).
Challenges for banking in current scenarioHumsi Singh
The presentation describes the challenges faced by the banking sector in today's scenario. It tells about the various problems faced by banks nowadays.
“Closing down term finance institutions was a mistake and that we need to revive these in order to facilitate long term financing”. - C Rangarajan (RBI Governor)
Closing down term Institutions was mistake in India?AshishPawar117
RBI Governor C Rangarajan, have long argued that closing down term finance institutions was a mistake and that we need to revive these in order to facilitate long term financing (given that bond markets have not taken off).
Challenges for banking in current scenarioHumsi Singh
The presentation describes the challenges faced by the banking sector in today's scenario. It tells about the various problems faced by banks nowadays.
“Closing down term finance institutions was a mistake and that we need to revive these in order to facilitate long term financing”. - C Rangarajan (RBI Governor)
A bank is a financial institution where you can deposit your money and borrow when you need.
It is defined as a commercial institution licensed as a receiver of deposits and giver of loans both short- and long-term.
Section 5(c) defines a banking company as “any company which transacts the business of banking in India”.
Term finance institutions or Developmental Finance Institutions in IndiaAnshikaSingh141
TERM FINANCE INSTITUTIONS / DFIs IN INDIA
Topic: Turning Down of Term Finance Institutions in India, a Boon or a Bane?
The basic objectives for Term Finance Institutions or Developmental Financial Institutions to be set up in our country was to provide long term finance, conduct project appraisals and finance projects with new and advanced technology. The major areas of focus were the industrially backward regions as DFIs were strategically set up to bring about and promote industrial development as well as regional development in the country. The Various DFIs and Term finance Institutions , It's history and breakdown are mentioned. The Changing situation and operational efficiency of DFIs before and after the Financial policies, Economic Reforms put forth by the RBI in 1991 is discussed in this document. Most importantly, the Gaps observed after the setting up of the term finance institutions / DFIs are explained in brief.
A bank is a financial institution where you can deposit your money and borrow when you need.
It is defined as a commercial institution licensed as a receiver of deposits and giver of loans both short- and long-term.
Section 5(c) defines a banking company as “any company which transacts the business of banking in India”.
Term finance institutions or Developmental Finance Institutions in IndiaAnshikaSingh141
TERM FINANCE INSTITUTIONS / DFIs IN INDIA
Topic: Turning Down of Term Finance Institutions in India, a Boon or a Bane?
The basic objectives for Term Finance Institutions or Developmental Financial Institutions to be set up in our country was to provide long term finance, conduct project appraisals and finance projects with new and advanced technology. The major areas of focus were the industrially backward regions as DFIs were strategically set up to bring about and promote industrial development as well as regional development in the country. The Various DFIs and Term finance Institutions , It's history and breakdown are mentioned. The Changing situation and operational efficiency of DFIs before and after the Financial policies, Economic Reforms put forth by the RBI in 1991 is discussed in this document. Most importantly, the Gaps observed after the setting up of the term finance institutions / DFIs are explained in brief.
The issues of proper Financial Management and Corporate Governance have taken a centre stage. The Public Sector Banks as well as Private Sector Banks are witnessing acute rise in nonperforming assets, moving up to 4.6% in March, 2015, whereas stressed advances have increased to 11.1% of the total advance, from 8% about 2 year ago. The major reasons as per a research of a large sample are as follows:
Chapter 3 private and multinational banksNayan Vaghela
Need for Privatization of Banks in India, Benefits of Bank Privatization, Guidelines for Private Sector Banks, Banking License Guidelines, Multinational Banks, Problems and Prospects of Overseas branches
Closure of FI's: researched on India and Global, financial systems and methods, Please go through, If this helps you it shall be beneficial.
Also, refer to RBI MPC October 2020 financial report.
Making NBFCs relevant to ‘Make-in India’& ‘Start-up India, Stand-up India’ - ...Resurgent India
The dynamic and evolving NBFC sector necessitates reforms and evolution to ensure orderly growth. While NBFCs have been on the growth trajectory over the years, there are few areas of concern which need to be addressed. The key challenges have been highlighted below:
August 2015 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
About Us
Our Team
INDUSTRY ANALYSIS : NBFC Industry
COMPANY ANALYSIS : HDFC Bank
BRAND ANALYSIS : Rolex
Concept of the month: Pricing Myopia
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Transkredit Finance Company Products Presentation (1).pptx
Wltf banks ppt
1. Revival of Wholesale and Long
Term Finance Banks
Name- Divyanshu Kumar Singh
College- Amity Business School
Course- MBA (B&F)
2. • Indian economy is going through a financial reform where nationalized
banks are getting merged
• It Mooted the Idea of revival of WLTF banks in India
• In the early 2000s India had 3 DFIs namely ICICI, IDBI and IFCI
which were converted into banks or NBFC on the recommendation of M
Narasimham committee.
• Considering the existing landscape of Financial sector in the country,
RBI felt the need of DFIs so issued a discussion paper to explore the
possibilities of permitting the differentiated banks
• The RBI moved on the idea of universal banks, with the understanding
that with a lowering of the cash reserve ratio and statutory liquidity ratio,
there will be more funds available with the banks to lend
3. • RBI also had assumption that both the equity market and the bond market
will expand and that will provide the additional finance required
• Both the assumption of RBI proved wrong and Bond market did expand as
per expectations and NPA also increased a lot.
• NPA ratio in MSME segment rose to 12.8% in June 2020 from 11.4% in
June 2019, an increase of 10% Y-o-Y
• The performance of private banks are better than public banks as private
banks MSME NPA ratio is 5.8%, an increase from 4.6% in June 2019
where as the ratio is 18.6% for public banks which has increased from
17.5% in June 2019
• As of June 2015, 24% of the total advances made to the infrastructure was
classified as NPA, Infrastructure sector NPAs account for 13% of the total
NPA of banking sector
4. • The total turnover of secondary bond market is Rs. 183,191 billions till the
year 2014- 15 out of which the turnover of corporate bond is just Rs 2822
billion in the 2014-15 which is just 1.57% of total secondary bond market
turnover
• DFIs basically provide term finance to secondary sector
• Rapid growth of Secondary sector is very important for the fast economic
development as it has the potential to create high employment and income
in the country.
• RBI should establish DFIs/National development Banks as Public-Private
Partnership which will mitigate the risks of the mistakes done in the past.
• Because no single promoter will have a complete control on the decisions
of the bank.
5. Income source/Source of fund
• The initial funds for the bank should be provided by the RBI to protect it
from the complete control of any one party
• Primary sources of funds for WLTF banks could be a combination of term
deposits, debt / equity capital raised from primary market issues or
private placement, and term borrowings from banks and other financial
institutions.
• Banks may also offer ancillary services related to equity / debt
investments, and Forex / trade finance to their clients which will be
another important source of income
• According to the Nachiket Mor Committee Report, they may be permitted
to accept deposits only above a large threshold amount.
• RBI should exempt only those DFIs that accept deposits would be
exempted from CRR but not from SLR as they should maintain some
liquidity to meet the withdrawal demand of depositors.
6. Pros and Cons of licensing differentiated banks on WLTF
banks
Pros
• Wholesale and long-term financing (WLTF) Banks could act as steady and
additional source of funding for small, medium and large businesses, and
infrastructure sector over a longer term.
• Entry of such banks as market makers in priority sector assets, through
securitization of assets (such as corporate bonds, credit derivatives,
warehouse receipts, and take-out financing etc.)
• WLTF banks may ease up the pressure of long maturity loan assets on the
books of commercial banks, and in turn, reduce their NPAs.
7. Cons
• Lack of access to savings and other retail deposits would push the cost of
funds for the WLTF banks upwards.
• Reputed and well-rated corporate would prefer to access the debt markets
directly at comparatively lower interest rates than those offered by WLTF
banks.
• WLTF banks could be subject to ALM mismatches, which may be difficult
to manage, whereas commercial banks would have more flexibility in their
asset liability structure. Cyclical nature of industrial activities /
performance could place enhanced risk of non-performing assets on the
books of WLTF banks, which may not have the cushion of sustained
earnings that retail credit portfolios normally provide, in times of economic
downturn