Jan 31, 2017 - Demonetisation may delay indian banks asset-quality recovery

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Sree Vijaykumar From the Editor's Desk We've been noticing a problem lately that you might be familiar with or experiencing yourself: The search for wisdom not actually translating into consistently applied wisdom. You read a book, love it, put it down. You read a set of articles, love them, put them down. You're fired up. And then, a week later, the fire is gone. The learning didn't make it through. What the hell happened? We've come to call this Transmission Loss, the gap between learning and execution. More in this piece titled Stop Crashing Planes - Charlie Munger's Six-Element System' Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business   Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). Demonetisation may delay indian banks asset-quality recovery The impact of demonetisation on asset quality is likely to only start showing up significantly in data for the January-March quarter. However, most state banks have already indicated publicly that loan recovery has been affected. Brightest minds of India Inc. to convene at Retail Leadership Summit 2017 to deliberate on the future course for retail in India Come February 15, and Renaissance Hotel & Convention Centre, Mumbai will be abuzz with activity as the best and brightest minds of retail from across India will come together to chart the way forward for the industry at the Retail Leadership Summit (RLS). To be held on February 15 – 16, RLS is the biggest knowledge sharing platform for the industry organised by the industry, for the industry. Organised by Retailers Association of India (RAI), RLS 2017 will focus on the theme Collaborating to Win the Connected Consumer as Collaboration is the need of the hour, the way ahead for all. Speakers at the event include industry leaders such as BS Nagesh, Founder TRRAIN & Chairman RAI; Dr A Velumani, Creator & MD, Thyrocare; Govind Shrikhande, MD, Shoppers Stop, Hari Menon, Co-founder & CEO, Bigbasket.com; Vijay Shekhar Sharma, Founder & CEO, Paytm among others. To know more,click here   Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Why most of India’s budget allocations are predestined by history The Union finance ministry has very little control over more than half of the total budgetary outlay Will HDFC hold up its home loan growth rates? The lingering effects of demonetisation will perhaps reduce growth in disbursements for another quarter Did free market fundamentalism spawn the likes of Donald Trump? The economy was always embedded in society until capitalism arrived on the scene—this perhaps best explains the rise of Donald Trump India will continue to be fastest growing economy, says Piyush Goyal Allaying fears of economic slowdown due demonetisation, Power Minister Piyush Goyal today said India is the fastest growing economy and will continue to do so in coming years. All-share deal: Vodafone dials Idea for merger The likely merger of Vodafone and Idea may well inspire more competitive moves by Reliance Jio Piramal Enterprises buys drug portfolio from UK firm for Rs1,160 crore Chairman Ajay Piramal says the acquisition is a prelude to Piramal Enterprises’s plans to spin off and list its financial services unit and pharma business New and small banks offer higher fixed deposit rates. Should you invest? New and small banks are currently offering higher interest rates on deposits than old banks because they want to increase their customer base LIC pares stakes in seven Tata group firms wary of long-drawn legal battle LIC cut its stake by the most in Tata Chemicals, where it reduced its holding by 73 basis points to 2.59% Heads Up For Tails raises $2 million from HNIs Heads Up For Tails plans to use the funding for expanding business in both domestic and overseas markets CureFit in talks to buy healthcare start-ups, including Serenity Mental Health Healthcare and fitness start-up CureFit to offer health food, fitness services on its mobile app slated for launch later this year Ingenico to buy TechProcess for Rs 600 crore The deal will give a clutch of private equity investors, including ICICI Venture and W Capital, an exit from TechProcess and help Ingenico expand its offerings in the growing digital payments space in India. The economics of illegal immigration It can contribute to the economy, but it disproportionately affects low-skilled native workers IFFCO eyes 10% stake in Swan Energy’s LNG terminal Swan Energy is building the project in joint venture with Exmar of Belgium, which holds a 38% stake in the project SBI Life Insurance may offer 10% stake in IPO SBI Life Insurance may go for a public issue in financial year 2017-18, says CEO Arijit Basu Keysight Technologies to buy Ixia for $1.6 billion The deal comes as the increasing volume of traffic flowing through smartphones makes Ixia’s equipment and applications more popular with its clients and coveted by its peers India Post Payments Bank launched, offers up to 5.5% interest rate on deposits India Post Payments Bank bank will offer an interest rate of 4.5% on deposits up to Rs25,000, 5% on deposits of Rs25,000-50,000 and 5.5% on Rs50,000-100,000 Idea Cellular to raise Rs500 crore via debentures Idea Cellular proposes to issue unsecured redeemable non convertible debentures (NCDs) amounting to Rs500 crore on private placement basis Cash withdrawal limit for ATMs, current accounts removed: RBI While removing cash withdrawal limit at ATMs and current accounts, the Reserve Bank of India (RBI) said curbs on withdrawals from savings bank accounts will remain RBI: No limits on cash withdrawals through ATMs from February 1 The RBI, however, maintained that banks at their discretion can have their own operating limits. Mastercard to tap growing Indian e-commerce market He said mobile penetration in India was the highest and termed it as the key to get the users' access to such digital payment innovations. Why 2017 is a challenging year for the Indian economy 2017 seems to be the most challenging year Arun Jaitley has faced as the Union finance minister Flipkart set to roll-out 'low-cost' delivery system made up of kirana stores, tech parks India’s largest online retailer Flipkart is set to implement a low-cost delivery channel across major cities this year. Retail to get push from rural economy, government reforms: Report Besides, low level of inflation and the Government's reform initiatives are likely to provide boost to the sector in 2017, said the report by Dun & Bradstreet. Home decor brand Maddhome forays into furniture category Maddhome, an established name in the e-commerce category, selling home decor products and furnishings, has ventured into a new category - home furniture.The online retailer promises to sell tim Why India's ecommerce industry grew a paltry 12% in 2016 According to a report, the answer to this question takes us to a combination of events which happened in 2016- a rare happening in an industry, and more so in such a short interval of time. Bikano eyes Rs 1000 crore turnover by FY 2019 The company, which entered ready-to-eat segment last month, reported turnover of Rs. 550 crore in the previous fiscal and looking to close the current.. Mastercard eyeing to tap growing Indian e-commerce market "India is one of the top priorities in the region. We have increased our investments in India by over 30 per cent in the last two years and we are goi.. Telenor joins M A rush, seeks Aircel-Reliance Communication tieup Telenor is a fringe player in the pecking order amongst telcos, but it has a little over 50 million active customers. India mulls mobile wallet insurance framework Following the much talked about 'demonetisation' move by PM Narendra Modi-led government, the narrative of a cashless economy and digital transactions were pushed hard. Now, according to reports, the central government is mulling over bringing insurance to mobile wallet and electronic transactions. Americans want call center jobs back from India A workers’ committee in America has requested U.S. President Donald Trump to bring back outsourced call center jobs back to America. Vodafone Idea Telecom merger: What to expect from the possible merger of these Indian mobile network giants UK Based telecom giant, Vodafone, revealed its plans of an all shares merger with Aditya Birla Group managed Idea Cellular Ltd. Digital India 2.0 milestones for telecom sector: Rajan Mathews ... Telcos see digital rub-off in Union Budget ending their financial tailspin - Industry experts have sought 'essential infrastructure' classification, fiscal sops and minimal service tax rate under GST Vodafone, Idea merger: New entity to change the pecking order of Indian telecom If the merger happens, the combined Vodafone-Idea entity would have 43% revenue share in the market by FY2018-19 against 33% of Bharti Airtel and 13% of Reliance Jio. Reliance Jio fuels India telecom consolidation as Vodafone confirms merger talks with Idea The possible merger between India's second-largest and third-largest telecom operators Vodafone and Idea Cellular underline the impending consolidation in the Indian telecom industry reeling under the pressure of intense competition from Reliance Jio. Lower fees, cheaper gadgets, more jobs: Young India's budget expectations Many students and professionals whom IANS spoke with said they wanted a youth-oriented budget that will help underprivileged students pursue higher st.. Baba Ramdev advertises his presence on TV 20 hours a day The Haridwar-based FMCG major Patanjali Group is setting up a manufacturing unit at Krishnapatnam shortly with a special focus on trade expansion in South India.  Here come assisted shopping kiosks When Rajesh Keerthi, Chief Finance Officer and Director of Coimbatore’s online grocer P G Tells Digital to Clean Up, Lays Down New Rules for Agencies and Ad Tech to Get Paid P&G Chief Brand Officer Marc Pritchard was surprised by dealings of at least one agency. And he wants digital players to accept common metrics and protections. Budget 2017: Increase in rural spend, easing of tax slabs Experts believe consumer firms have been impacted by the note ban. A pro-consumption and a rural development-centric Budget can help drive demand. India is one of the fastest growing advertising markets globally: Report According to industry estimates, digital advertising in India is projected to be at Rs7,044 crore by end of 2016 FSSAI notifies Food Safety and Standards (Food Recall Procedure) Regulations, 2017 The Food Safety and Standards Authority of India (FSSIA) has notified the Food Safety and Standards (Food Recall Procedure) Regulations, 2017, under which will be followed by every food business operator. Fraud risks in the consumer products and retail sector The Consumer products business is among the fastest growing businesses in India, growing at a CAGR of 14.8 percent and expected to be worth USD 12.5 Billion in 20151. The consumer opportunity in India rests on the changed business dynamics observed today – a large and growing youth population that is digitally savvy and knowledgeable, Budget 2017: Auto, consumer goods and durables sector hope for consumption boost Automobiles, consumer durables and packaged goods firms are hopeful of measures that create jobs and increase consumers’ disposable income TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India