HeyJaredManas R Das
- Indexed articles, last 90 days
- 3
- Latest publication
- Sep 3, 2026
- Outlet visibility, for The Hindu BusinessLine
- Top 50K sites
- Earliest in this view
- Jul 7, 2026
Latest articles
Coop banks in transition (opens the original)
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The RBI on August 5, 2026 released the “Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks” for public/stakeholders’ comments. The Draft Guidelines (DGs) specify stringent conditions for co-operative societies to apply for Urban Co-operative Bank (UCB) licences. The RBI Governor’s October 2025 Monetary Policy Statement proposed to publish a Discussion Paper (DP) on licencing of new UCBs. Although since 2004 the UCB licensing was paused, the sector had progressed well during the
FCNR(B) scheme: Banks need to be prepared (opens the original)
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The ‘special’ FCNR(B) scheme with concessional swap facility was operationalised on June 8. The RBI Governor, in an interview to this newspaper (July 27), said banks have mobilised $32 billion so far. Going by this trend, the total mobilisation will surpass the target of $50-70 billion by September 30, when the scheme ends. Banks are also likely to step on the gas as the deadline nears. More importantly, since NRIs are awaiting the US Fed rate decision in mid-September, FCNR(B) deposit inflows w
NRI banking issues (opens the original)
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Following the June 5 decision by the Reserve Bank of India (RBI) to mobilise Foreign Currency Non-resident (Bank) [FCNR (B)] deposits almost on a war footing, the media witnessed considerable debates and discussions on the topic. However, lack of an adequate published database, both at macro and micro levels, held back deeper analyses which, if not rectified, will continue to thwart further research on the larger subject of Non-resident Indian (NRI) business (deposits and loans) by banks. The RB
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Top 50K sites
For The Hindu BusinessLine, the outlet · Measured Aug 1, 2026
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