Radhika Merwin

#RBI proposes regulatory changes for NBFCs, with bank-like regulations for the top NBFCs. What are the key recommendations in the 45-page discussion paper? Here's all you need to know in a simple FAQ @businessline @lokeshwarri @srirags thehindubusinessline.com/money-and-bank…

@anandg_kalyang @TheKenWeb @businessline All the best Anand!

Update: I have joined @TheKenWeb after 11 good years with @businessline Looking forward!

@AnilKSood5 @andymukherjee70 @dugalira @RBI True, but issue is that PSBs have govt support, but low investor interest. Pvt. banks: tidy returns for investors, but riskier. Then commercial banks are bailed out but not co-op banks/NBFCs. Such wide disparity in notion of risk for stakeholders---investors/depositors !

@RadhikaMerwin @andymukherjee70 @dugalira @RBI If the banks are the providers of resources & the NBFCs r taking credit risk (>banks) then the banks don't need to bail them out - shareholders must. Nor RBI is required to bail them out. We must have a fair deal that is based in risk sharing arrangements. Your thoughts?

#NBFC #Regulation If I am lending to customers whom banks don't like lending to and I borrow from banks to lend to these customer, should the regulation for me be stricter compared to banks or not? thehindu.com/business/Indus… @dugalira @andymukherjee70 @RBI @RadhikaMerwin

@AnilKSood5 @andymukherjee70 @dugalira @RBI True Anil....but it may not be right to paint all with the same brush. Stringent regulations for banks have not helped in YES Bank or LVB case. Can governance be improved just by tighter regulations?

@RadhikaMerwin @andymukherjee70 @dugalira @RBI Thank you, Radhika. A good question indeed. I am not sure, if they are currently serving their purpose, as two of the biggest ones failed. I was surprised when a large HFC failed. Some big ones have also struggled to raise finance. We have had such problems globally too.

@andymukherjee70 @AnilKSood5 @dugalira @RBI Absolutely. One has to be clear on what role NBFCs must play in the economy. If regulations are on par with banks then will they be able to serve intended purpose of last mile funding to customers shunned by traditional banks?

@AnilKSood5 @dugalira @RBI @RadhikaMerwin Interesting qn, but if large NBFCs are on par with banks in regulatory costs, their equity owners would want them to have access to state-insured deposits, central bank liquidity facilities and an implicit bailout guarantee. Might as well coax them to take banking licenses then?

Reserve Bank constitutes a Working Group on digital lending including lending through online platforms and mobile apps @businessline

To check diversion of funds & bring in credit discipline, RBI tightened current account norms. But will these stringent rules help curb diversion? Will they impact banks & businesses adversely? Read my column @businessline @srirags @lokeshwarri thehindubusinessline.com/money-and-bank…

In a bid to reduce interest burden, Centre issues first zero coupon #recap bonds for Punjab Sind Bank. @businessline had first highlighted the issue in July. Analysis had shown over Rs 1 lakh cr interest outgo for next 5 fiscals @srirags @lokeshwarri thehindubusinessline.com/money-and-bank…

Despite rise in deposit insurance to ₹5 lakh from ₹1 lakh, India ranks in the bottom 20 among 110-odd countries, reveals latest survey by IADI. Analysis of data suggests that India suffers from delays in reimbursement &narrow mandate vs other countries thehindubusinessline.com/money-and-bank…

Centre’s weak finances has limited its ability to pump huge capital into PSBs. Can PSBs fend for themselves by monetising part investments? How can investor interest be kindled in these banks? A look at how deep the malaise is&way forward thehindubusinessline.com/money-and-bank…

#RBI has a tough task! Liquidity glut due to dollar buying &OMOs, have created distortions in bond market. But can it let go of FX mgt? Also OMOs are critical to manage govt borrowing. How will #RBI strike the right balance?Analysis @srirags @lokeshwarri thehindubusinessline.com/money-and-bank…

#Rupee cracks the resistance at 74 against #dollar. Where is the domestic currency heading and what are the important levels? Read more... @businessline @anandg_kalyang @lokeshwarri @vardhiniritesh @rajalakshmi_ns @RadhikaMerwin @BlPortfolio #usdinr #INR thehindubusinessline.com/portfolio/tech…

@rajat2812 True ....interestingly preference for AT1 and Tier 2 bonds of PSBs has increased after YES Bank episode. PSBs govt backing is viewed as a safety net! When that comfort gives way... needs to be seen

@RadhikaMerwin The only thing left to experience is a PSB’s AT1/AT2 bond defaulting, day when Govt throws in the towel!!

#LVB Tier 2 bonds written down. What does this mean? What are these bonds and how do they differ from AT1 bonds? Why did investors overlook the risk in these bonds-- No precedence yet or inappropriate rating? Read analysis @srirags @lokeshwarri thehindubusinessline.com/money-and-bank…

Even as market awaits #RBI policy next week, avg lending rate of private banks on fresh loans inch up by 40 bps in Oct to 9%, according to #RBI latest data! Higher risk premium or increased lending activity? @srirags @lokeshwarri @businessline thehindubusinessline.com/money-and-bank…

#federalbank is strong players in SME. How is it seeing stress here pan out? Gold loans post heady growth, is it sustainable&of concern? How have NRI remittances been? Shyam Srinivasan,MD &CEO, offers insights in this @businessline exclusive @srirags thehindubusinessline.com/money-and-bank…

Demand back to 85-90% pre-covid in most retail segments. Large corp., there is intense price war among banks. For now restructuring is finding very few takers says #Federalbank MD,CEO Shyam Srinivasan in this exclusive @businessline interview @srirags thehindubusinessline.com/money-and-bank…

It was an interesting conversation with @dhirendra_vr on Saturday for the Smart Investor series. You can watch it here. @ambakhshi @businessline youtube.com/watch?v=A1MB2y…

Lives covered under group schemes fall sharply by 50-60% for private life insurance companies in the April-Oct period this fiscal according to #IRDAI data. Why? Read analysis @srirags @lokeshwarri @rkannthbl @naga_hbl @businessline thehindubusinessline.com/money-and-bank…

DBS-LVB merger, plum deal for #DBSBank. Will it nudge other foreign banks to follow suit? Barring two, rest operate via branch mode. Will they adopt the wholly-owned subsidiary route finally? An in-depth analysis @srirags @lokeshwarri @businessline thehindubusinessline.com/money-and-bank…