Business

Easing liquidity is the top priority of RBI

Ut World May 10, 2019 0

Adequate and swift monetary transmission remains a key policy challenge for RBI. To induce credit growth and reignite the economy, RBI has, in recent months, reduced policy rates by 50 basis points (bps). (1 basis point is 1/100th of 1 percent.) However, very few banks have passed on the Continue Reading

News

The IL&FS fiasco – the lesson for NBFCs

Ut World November 13, 2018 0

Recently, stock markets in India were thrown into turmoil after one of the largest NBFCs in India lending predominantly to the infrastructure sector, i.e. IL&FS or Infrastructure Leasing & Financial Services, was unable to make timely repayment of some of its borrowings. The default was attributed to the asset liability mismatch faced by the company […]Continue Reading

Business

NBFCs are digitalizing inclusive growth – V.P.Nandakumar

Ut World October 10, 2018 0

As a developing country with a large part of its population facing poverty, driving financial inclusion has been a key priority for the government of India.Financial access underpins economic opportunity. As economic growth picks up, financial inclusion becomes essential for making the growth process equitableand to ensure that its fruits are widely distributed. In India, Continue Reading

Business

Microfinance rises again, yet challenges remain

Ut World June 12, 2018 0

It was in 2006 that Muhammed Yunus and his Grameen Bank were jointly awarded the Nobel Peace Prize for pioneering the concepts of microcredit and microfinance that aimed at creating economic and social development from below. However, it is fair to say that India’s financial sector woke up to the promise and potential of microfinance […]Continue Reading

Business

The rise and risks of passive investing

Ut World April 13, 2018 0

Up until the end of January 2018, stock markets around the world were scaling new heights and setting new records at regular intervals. In the US, the Dow Jones Industrial Average set a record when it closed at 26,616.71 on January 26, 2018.  In India, the BSE Sensex set its own closing record at 36,283.25 on 29 […]Continue Reading

Business

Are interest rates poised for reversal?

Ut World March 13, 2018 0

An important development for the Indian economy in recent years has been the remarkable success achieved in lowering interest rates. This came about because the RBI had been steadily cutting its key policy rate since January 2014 when the repo rate had peaked at 8 percent. By August 2017, the repo rate had come down […]Continue Reading

Business

Mr. M P Ramachandran wins MBA award 2018

Ut World January 28, 2018 0

Jyothy Laboratories’ Managing Director and Chairman Mr. M P Ramachandran felicitated with the eighth MBA award, which is given to those socially responsible business personalities who have two thousand crore Indian rupees or more worth asset. MBA Award is a highly exclusive business achievement award organized by Pegasus Group in association with Unique Times, Premium […]Continue Reading

Business

DEMONETISATION AND THE GOLD LOAN NBFCS

Ut World December 23, 2016 0

On the 10 th of November, we at Manappuram Finance Limited, reported our second quarter results.Our performance was very impressive with the net profit of Rs.350 crore for the half year up to September 30 being equal to the net profit for the whole of last year. However, it so happened that our results were declared […]Continue Reading

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Business

Fintech will revolutionise financial sector, advance inclusion – Shri. V.P.Nandakumar

Ut World November 18, 2016 0

The digital India programme is a flagship initiative of the Indian government with the vision of “transforming India into a digitally empowered society and knowledge economy.” By deploying the JAM (Jan Dhan, Aadhar and Mobile) trinity, the government hopes to extend the reach of the formal financial system to the farthest corners of the country. […]Continue Reading

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Business

Pegasus to organise World Authentic Richest Malayali club

Ut World September 29, 2016 0

Pegasus, a leading event management company based in Kochi, Kerala, is planning to organise its 7th Malayali business achiever award to felicitate those, socially obligated, Malayali business persons, who are possessing at least 2500 crore worth capital asset. The most awaited program is powered by the Indian Worldwide Chamber of Commerce and Unique Times business […]Continue Reading

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