• About Us
  • Contact Us
Current Date

  • Login
  • Register
B2B Infomedia
No Result
View All Result
  • Home
  • Fintech
    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Balancehero India appoints Jayesh Jain as Group CFO

    Balancehero India appoints Jayesh Jain as Group CFO

    Driving digital lending: UPI’s key role

    Driving digital lending: UPI’s key role

    CredAble expands its wings to eight new regions

    CredAble expands its wings to eight new regions

    MobiKwik’s ‘Lens’  feature to improve financial wellness

    MobiKwik’s ‘Lens’  feature to improve financial wellness

    Perfios gets $229 million from Kedaara Capital

    Perfios gets $229 million from Kedaara Capital

  • BFSI
    Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

    Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

    Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

    Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Bharti AXA Life Insurance and PolicyBazaar launch Wealth Maximizer

    SEBI brings flexibility in its framework for LCs

    SEBI brings flexibility in its framework for LCs

    ICICI Lombard names Sanjeev Mantri as MD and CEO

    ICICI Lombard names Sanjeev Mantri as MD and CEO

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

  • Education
    Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform

    IBM to train two million learners in AI by 2026

    IIM Sirmaur organizes Alumni Chapter Meet in Mumbai

    IIM Sirmaur organizes Alumni Chapter Meet in Mumbai

    Delhi University starts MBA in AI & machine learning, gets 600 applications for 60 seats

    Delhi University starts MBA in AI & machine learning, gets 600 applications for 60 seats

    IIM Sirmaur and NSE Academy Collaborate for Joint Certification Programmes

    IIM Sirmaur and NSE Academy Collaborate for Joint Certification Programmes

    IIM Sirmaur Celebrates the Success of its First Chapter Meet at India Habitat Center, New Delhi

    IIM Sirmaur Celebrates the Success of its First Chapter Meet at India Habitat Center, New Delhi

    IIT Madras introduces online MTech course for working professionals

    IIT-Madras’ Zanzibar campus to start hiring, plans classes in October

  • Enterprise
    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Cisco to acquire Splunk to help make organisations secure and resilient

    SBI sees 14%-15% corporate credit growth in FY23

    SBI seeks buyers for its Rs 96,000 crore distressed loans

    Reliance General Insurance to get Rs 200 cr capital infusion from Reliance Capital

    Reliance General Insurance gets Rs 200 cr capital infusion from parent

    Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

    Bank of Baroda, DBS Bank and Karur Vysya Bank likely to sell their cumulative stake of just over 30% to Canara Bank

    RBI response sought on PIL seeking uniform banking code for forex transactions

    RBI permits banks to open vostro accounts from 22 countries for trade in rupee

    Piramal Finance aims at ‘Budget Bharat’ to expand

    India’s Piramal plans to raise $1.5bn for private credit

  • Health
    DHA and IIM Raipur announce enrollment date for PG and diploma programmes in digital health

    DHA and IIM Raipur announce enrollment date for PG and diploma programmes in digital health

    This World Patient Safety Day, NABH puts emphasis on digital health

    This World Patient Safety Day, NABH puts emphasis on digital health

    India’s digital startup ecosystem a catalyst for global healthcare transformation, says Piyush Goyal

    India’s digital startup ecosystem a catalyst for global healthcare transformation, says Piyush Goyal

    iHub Anubhuti signs MoU with Digital Health Associates to drive healthcare innovation and joint research

    iHub Anubhuti signs MoU with Digital Health Associates to drive healthcare innovation and joint research

  • Pharma
    Citi invests in Peru’s fintech firm Rextie

    Cabinet approves FDI in Suven Pharmaceuticals

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    First Indian intranasal Covid vaccine to be launched on Republic Day

    First Indian intranasal Covid vaccine to be launched on Republic Day

    India aims for greater market access for pharma in UK: Official

    Aurobindo Pharma aims to complete Rs 2000 Cr Pen-G plant in Andhra Pradesh by March’24

    India aims for greater market access for pharma in UK: Official

    India aims for greater market access for pharma in UK: Official

  • Technology
    Citi invests in Peru’s fintech firm Rextie

    WestBridge Capital makes investment into TSS Trackwizz

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Cisco to acquire Splunk to help make organisations secure and resilient

    WhatsApp introduces ‘Flows’ for its business platform

    WhatsApp introduces ‘Flows’ for its business platform

    Jio launches Jio Airfiber

    Jio launches Jio Airfiber

    Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform

    IBM to train two million learners in AI by 2026

  • Interviews
    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “Fintechs are disrupting banking worldwide”

    “Fintechs are disrupting banking worldwide”

  • Events
    • Upcoming Events
    • Past Events
  • Home
  • Fintech
    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Balancehero India appoints Jayesh Jain as Group CFO

    Balancehero India appoints Jayesh Jain as Group CFO

    Driving digital lending: UPI’s key role

    Driving digital lending: UPI’s key role

    CredAble expands its wings to eight new regions

    CredAble expands its wings to eight new regions

    MobiKwik’s ‘Lens’  feature to improve financial wellness

    MobiKwik’s ‘Lens’  feature to improve financial wellness

    Perfios gets $229 million from Kedaara Capital

    Perfios gets $229 million from Kedaara Capital

  • BFSI
    Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

    Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

    Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

    Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Bharti AXA Life Insurance and PolicyBazaar launch Wealth Maximizer

    SEBI brings flexibility in its framework for LCs

    SEBI brings flexibility in its framework for LCs

    ICICI Lombard names Sanjeev Mantri as MD and CEO

    ICICI Lombard names Sanjeev Mantri as MD and CEO

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

  • Education
    Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform

    IBM to train two million learners in AI by 2026

    IIM Sirmaur organizes Alumni Chapter Meet in Mumbai

    IIM Sirmaur organizes Alumni Chapter Meet in Mumbai

    Delhi University starts MBA in AI & machine learning, gets 600 applications for 60 seats

    Delhi University starts MBA in AI & machine learning, gets 600 applications for 60 seats

    IIM Sirmaur and NSE Academy Collaborate for Joint Certification Programmes

    IIM Sirmaur and NSE Academy Collaborate for Joint Certification Programmes

    IIM Sirmaur Celebrates the Success of its First Chapter Meet at India Habitat Center, New Delhi

    IIM Sirmaur Celebrates the Success of its First Chapter Meet at India Habitat Center, New Delhi

    IIT Madras introduces online MTech course for working professionals

    IIT-Madras’ Zanzibar campus to start hiring, plans classes in October

  • Enterprise
    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Cisco to acquire Splunk to help make organisations secure and resilient

    SBI sees 14%-15% corporate credit growth in FY23

    SBI seeks buyers for its Rs 96,000 crore distressed loans

    Reliance General Insurance to get Rs 200 cr capital infusion from Reliance Capital

    Reliance General Insurance gets Rs 200 cr capital infusion from parent

    Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

    Bank of Baroda, DBS Bank and Karur Vysya Bank likely to sell their cumulative stake of just over 30% to Canara Bank

    RBI response sought on PIL seeking uniform banking code for forex transactions

    RBI permits banks to open vostro accounts from 22 countries for trade in rupee

    Piramal Finance aims at ‘Budget Bharat’ to expand

    India’s Piramal plans to raise $1.5bn for private credit

  • Health
    DHA and IIM Raipur announce enrollment date for PG and diploma programmes in digital health

    DHA and IIM Raipur announce enrollment date for PG and diploma programmes in digital health

    This World Patient Safety Day, NABH puts emphasis on digital health

    This World Patient Safety Day, NABH puts emphasis on digital health

    India’s digital startup ecosystem a catalyst for global healthcare transformation, says Piyush Goyal

    India’s digital startup ecosystem a catalyst for global healthcare transformation, says Piyush Goyal

    iHub Anubhuti signs MoU with Digital Health Associates to drive healthcare innovation and joint research

    iHub Anubhuti signs MoU with Digital Health Associates to drive healthcare innovation and joint research

  • Pharma
    Citi invests in Peru’s fintech firm Rextie

    Cabinet approves FDI in Suven Pharmaceuticals

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    First Indian intranasal Covid vaccine to be launched on Republic Day

    First Indian intranasal Covid vaccine to be launched on Republic Day

    India aims for greater market access for pharma in UK: Official

    Aurobindo Pharma aims to complete Rs 2000 Cr Pen-G plant in Andhra Pradesh by March’24

    India aims for greater market access for pharma in UK: Official

    India aims for greater market access for pharma in UK: Official

  • Technology
    Citi invests in Peru’s fintech firm Rextie

    WestBridge Capital makes investment into TSS Trackwizz

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Cisco to acquire Splunk to help make organisations secure and resilient

    WhatsApp introduces ‘Flows’ for its business platform

    WhatsApp introduces ‘Flows’ for its business platform

    Jio launches Jio Airfiber

    Jio launches Jio Airfiber

    Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform

    IBM to train two million learners in AI by 2026

  • Interviews
    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “CERT reported over 17,000 cyberattacks on Indian banking and finance sector in 2022”

    “Fintechs are disrupting banking worldwide”

    “Fintechs are disrupting banking worldwide”

  • Events
    • Upcoming Events
    • Past Events
No Result
View All Result
B2B Infomedia
No Result
View All Result
Home BFSI

No bad news is good news; pvt capex will take one more year to revive: Bankers

Prashant Dwivedi by Prashant Dwivedi
February 2, 2023
in BFSI
A A
0
Banks to tap intelligence agencies before loans to ex-defaulters
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Bankers welcomed Finance Minister Nirmala Sitharaman’s budget proposals as being growth accretive, and hailed the focus on capital expenditure while continuing with fiscal consolidation.

On the critical question of revival in private capital expenditure, which has been lagging for several years now, private sector lender Kotak Mahindra Bank’s whole time director KVS Manian opined that it will take another 12 months to revive even though corporates have been investing off and on lately.

“No bad news is good news. It is a fairly decent budget. The FM has maintained a fair balance on fiscal prudence, sustainability and ease of doing business,” Manian told PTI after the presentation of the budget.

SBI chairman Dinesh Khara said the budget is growth accretive, fiscally prudent and consumption supportive.

“The huge emphasis on capital expenditure could be the perfect recipe for a private investment cycle that is already visible. Support for MSME and Agriculture will broad base credit growth,” Khara added.

He also said that the “reasonable Government borrowing numbers” will support lower interest rates and the move towards a clutter free new tax regime will significantly spur consumption.

Banking industry’s lobby grouping Indian Banks Association’s chairman A K Goel said the increased capital expenditure could help in further increasing the demand for bank funds and the Agriculture Accelerator Fund will also be helpful.

Umesh Revankar, the executive vice chairman of Shriram Finance said the income tax benefits announced will boost purchasing power for middle-class consumers.

“I believe the announcements made will trigger a pick-up in credit off take for small enterprises, the consumption-driven two-wheeler business and lending to transportation,” he added.

Non-bank lender Tata Capital’s managing director and chief executive Rajiv Sabharwal said the strong agricultural credit outlay, support measures, ease of doing business, and digitization drive across various sectors will improve multiple clusters within the economy.

American lender Bank of America’s country head Kaku Nakhate said allowing foreign banks to conduct acquisition financing from GIFT City is a welcome step and also hailed the dual budget proposal for a single window clearance for IFSCA, SEZ, RBI, SEBI and GSTN at GIFT City.

KPMG’s national head of tax, Rajeev Dimri, also welcomed Finance Minister Nirmala Sitharaman’s measures for ensuring that the relaxations given to common taxpayers have not derailed fiscal math, and the government has stayed on the path of fiscal consolidation.

Pointing out to the Goods and Services Tax revenue accretion over the last few months, he said the taxpayers should be credited for the performance.

The budget rightly “rewards” the taxpayers for their commitment, Dimri said.

LuLu Financial Holdings Managing Director Adeeb Ahamed said the budget is focussed with equal focus on traditional and emerging sectors.

Adeeb, who has significant investments in India’s financial services sector through LuLu Forex and LuLu Finserv, said the move to ramp up the credit guarantee scheme for MSMEs will give a fillip to enabling faster access to financial services.

0Like
0Dislike
50% LikesVS
50% Dislikes
Source: Economic Times
Tags: banksbfsiKPMGLulu FinservrbiSBI
Previous Post

Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

Next Post

Govt proposes changes in Banking Regulation Act, other laws to enhance investors’ protection

Prashant Dwivedi

Prashant Dwivedi

Related Posts

Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer
BFSI

Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

September 26, 2023
Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest
BFSI

Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

September 26, 2023
Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants
BFSI

Bharti AXA Life Insurance and PolicyBazaar launch Wealth Maximizer

September 25, 2023
Next Post

Govt proposes changes in Banking Regulation Act, other laws to enhance investors' protection

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

4th BFSI & Fintech Conclave & Awards 2023 4th BFSI & Fintech Conclave & Awards 2023
Subscribe to our Newsletter
johnsmith@example.com

Recent News

Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

Yes Bank appoints Pankaj Sharma as Chief Strategy and Transformation Officer

September 26, 2023
DHA and IIM Raipur announce enrollment date for PG and diploma programmes in digital health

DHA and IIM Raipur announce enrollment date for PG and diploma programmes in digital health

September 26, 2023
Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest

September 26, 2023
Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

Bharti AXA Life Insurance and PolicyBazaar launch Wealth Maximizer

September 25, 2023
B2B Infomedia

Be To Be Infomedia Pvt. Ltd. represents the inovative platfrom to the clients and widely recognised as one of the ponier networking platfrom with the team of young, creative, dynamic & dedicated professionals.

Quick Links

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Refund Policy
  • Terms and Conditions

All News

  • BFSI
  • Edtech
  • Education
  • Enterprise
  • Financial Inclusion
  • Fintech
  • Health
  • Interviews
  • Pharma
  • Startup
  • Technology
Subscribe to our Newsletter
johnsmith@example.com
  • About Us
  • Contact Us

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

No Result
View All Result
  • Home
  • About Us
  • Upcoming Events
  • Fintech
  • BFSI
  • Education
  • Technology
  • Startup
  • Enterprise
  • Pharma
  • Contact Us
  • Login
  • Sign Up

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In