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In The Media

- 16, Sep 2020

Lok Sabha passes bill to bring co-operative banks under RBI supervision

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said, “Cooperative banks have been under severe criticisms with rising scams especially involving small retail depositors. State Governments and their respective regulatory Boards have not been able to...

- 16, Sep 2020

Banking Regulation (Amendment) Bill passed in Lok Sabha to bring cooperative banks under RBI

Commenting on the Bill, Divakar Vijayasarathy, founder and managing partner, DVS Advisors LLP said, "It strikes the right chord and has given a mechanism to restructure these banks and also significantly improves their regulatory oversight by a competent and efficient...

- 15, Sep 2020

Retail inflation grew at 6.7% in August

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said: “CPI is expected to ease in the coming months as the supply improves due to the unlock measures; however, the increasing infection numbers could possibly dampen this.”

- 11, Sep 2020

Govt considering series of measures to boost economy

Divakar Vijayasarathy, founder and managing partner of consulting firm DVS Advisors LLP, said: “The government now plans to expand the PLI to other sectors in addition to electronics. These steps are definitely welcome; however, it needs to balance it with...

- 08, Sep 2020

Kamath Committee identifies 26 sectors for loan restructuring; pandemic pushes this much loan under stress

“This should help in reducing the timeline for resolution of the stressed assets. The banks and industry would welcome this as the committee’s recommendation would mitigate the risk of scrutiny of their assessments in case of non-performance of the restructured...

- 07, Sep 2020

Centre to go for prior check for Chinese connection before finalising BPCL bidder

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said as BPCL is an asset critical for the energy requirements, the security clearance is expected to be much more stringent with the last date for submission of...

- 07, Sep 2020

MNCs approach tax dept, seek revision of agreements due to Covid-19

Divakar Vijayasarathy, founder and managing partner, DVS Advisors LLP, said that documentation may be tough in the current volatile environment. “In many cases, we are seeing multiple changes to business models virtually on a month-on-month basis, making the case for...

- 04, Sep 2020

Cash-strapped govt cuts non-essential expenditures amid Covid-19 crisis

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said, “Given the severe lockdown due to the pandemic, it was certain that there would be a strain on the fiscal deficit and that fiscal consolidation would not...

- 03, Sep 2020

Banks to roll out stressed loans resolution scheme by Sept 15

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP said, “The review meeting of the finance minister with the lenders is an indication that the moratorium may not be extended.”

- 03, Sep 2020

15th Finance Commission meets tomorrow; to decide how much tax must Modi govt share with states

“The Commission completed the first part of its mandate by submitting the report for FY 2020-21 in December 2019 much before the advent of the pandemic and now the due date for the submission of the final report is fast...

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