RBI enhancing customer safety: Executive Director
Speaking at a programme tiled 'Financial Inclusion Saturation Campaign', organised by the Union Bank of India (UBI), State Bank of India (SBI), Canara Bank, Bank of India (BoI) and Andhra Pradesh Grameena Bank here under the aegis of the Department of Financial Services (DFS), Mr. Lakshmi Kanth Rao advised bank account holders to complete their KYC. Bank accounts inactive for a long time have to undergo a re-KYC to revive them.
State-Level Bankers' Committee (SLBC) convener C.V.N. Bhaskar Rao explained salient features of schemes such as Atal Pension Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and free RuPay debit cards. He further said banking services were made easily accessible in the rural areas through Bank Mitras.
RBI Regional Director A.O. Basheer, General Manager (GM) R.K. Mahana, Canara Bank GM C.J. Vijayalakshmi, UBI Regional Head M.V. Tilak, SBI DGM Sitakshi Singh and Regional Head Raghava Rao, BoI Zonal Head Bangarraju, SLBC coordinator Srinivasa Rao, UBI Deputy Regional Head Chandana and District Lead District Manager K. Priyanka were present.
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News18
2 hours ago
- News18
‘Resist The Temptation': NRI Explains Risks Of Investing In Indian Real Estate
A Reddit post has warned NRIs that buying property in India is more of a headache than a homecoming dream. A viral Reddit post has sparked a heated debate among Non-Resident Indians (NRIs), prompting questions about whether buying property back home is truly worthwhile. The user, an NRI sharing personal experience, warned fellow expatriates to 'resist the temptation" of investing in real estate in India, whether for retirement, investment, or as a safety plan. According to the post, owning property from abroad is nothing short of a 'nightmare." The user explained that the challenges begin the moment builders discover the buyer is an NRI, often charging a 'premium" for under-construction projects. Many NRIs also dream of a retirement home in India, but the post argued that people usually end up living overseas much longer than they expect. By the time they return, the property may already feel outdated. Investment Risks The post was blunt about real estate as an investment. 'For every success story, there will be 10 not-so-successful or even horror stories that you don't hear about," it read. Residential flats were described as poor investments, and even buying land was said to be risky unless trusted family members were present to prevent encroachments. The biggest disadvantage, according to the user, is that NRIs are not physically present to manage their assets. In addition, many property deals still involve black money unless the purchase is made from a top-tier builder, which the user described as 'also a major pain" for expatriates. Check the post here: When It Makes Sense The only scenario where buying might be worthwhile, the post suggested, is for 'immediate own use." For example, upgrading a family home for parents or siblings could make sense, provided their inputs are taken. The user also highlighted succession issues, warning that children born and raised abroad are unlikely to have any interest in maintaining property in India. For retirees, the advice was simple: buy a smaller 2BHK later in life rather than spending now on a 'grand villa/apt to show off that you're a successful NRI." Stories from NRIs The discussion thread drew a flood of personal experiences. A commenter said selling property as an NRI was a 'nightmare," pointing to TDS rules, mortgage-related cash requirements, and the hassle of sending money abroad through banks like SBI. Another shared how their decade-old apartment became a constant headache, from struggling to find tenants to paying repeated estate agent fees, dealing with new police verification rules, and competing against newer projects. In the end, they sold at a loss. Others shared horror stories of squatters, corruption, unreliable contractors, and endless bureaucratic delays. A user summed it up in plain words: 'Don't buy. It's an outdated investment that will take up way too much of your time for what you get out of it." The Bigger Picture Despite these concerns, India's luxury real estate market continues to grow. Strong demand from wealthy individuals, NRIs, and domestic buyers has fuelled investment in premium projects across major cities, as per Business Today. For many, high-end properties are seen as a safe way to preserve wealth, much like in global investment hubs. Reports suggest that NRIs account for 15 to 25 per cent of investments in top projects in places like Gurugram, Delhi, Mumbai, and Bengaluru. These cities are attractive because of their modern infrastructure, booming economies, and upscale housing options. top videos View all NRIs from the US, UK, UAE, Canada, and Singapore have shown significant interest, driven by their financial capacity and desire to own a slice of India's growing property market, the publication adds. But not all projects live up to expectations. For several NRIs who invested in the Ozone Urbana township in Devanahalli near Bengaluru, the dream turned into a drawn-out legal and emotional ordeal. Their experience highlights the risks hidden beneath the promise of India's booming real estate sector. About the Author Click here to add News18 as your preferred news source on Google, News18's viral page features trending stories, videos, and memes, covering quirky incidents, social media buzz from india and around the world, Also Download the News18 App to stay updated! tags : nri reddit viral news view comments Location : Delhi, India, India First Published: August 16, 2025, 11:38 IST News viral 'Resist The Temptation': NRI Explains Risks Of Investing In Indian Real Estate Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
2 hours ago
- Time of India
S&P Upgrade to Boost Foreign Flows, Lower Funding Costs for Indian Companies: Vishal Goenka
India's S&P rating upgrade to BBB with Stable Outlook is set to lower funding costs for corporates and attract stronger foreign inflows into bonds, says Vishal Goenka of He sees improved risk-adjusted returns, enhanced global positioning, and fresh opportunities for fixed-income investors. Tired of too many ads? Remove Ads Q) Could this rating upgrade lead to a re-rating of Indian corporate bonds, and if so, which segments or sectors are likely to benefit the most? Tired of too many ads? Remove Ads Q) What changes can fixed-income investors expect in foreign capital flows into India's debt market after this upgrade? Q) After the status quo policy from the RBI, do you see further rate cuts in the rest of FY26 and why? Q) How should investors position themselves in the fixed income portfolio amid rate cuts and geopolitical concerns? Tired of too many ads? Remove Ads Q) If someone is a risk-averse investor and wants to deploy ₹10,00,000 – what would you recommend? Please give a percentage split. Q) How can investors determine the right balance between bonds, equities and hybrid instruments amid changing market dynamics? Q) Can corporate bonds fund a ₹50,000 per month 'pension'? What corpus is needed? The recent upgrade of India's sovereign rating by S&P to BBB with a Stable Outlook is poised to be a game-changer for the country's corporate bond market, according to Vishal Goenka , Co-Founder of believes the move will not only unlock lower international funding costs for large Indian corporates—whose ratings are often capped by the sovereign level—but also attract greater foreign portfolio inflows into the bond government bond yields already rallying on the news, Goenka sees India securing a stronger position in the global emerging market investment landscape, offering better risk-adjusted returns and fresh opportunities for fixed income investors. Edited Excerpts –'International country ratings cap ratings of Large Indian corporates. Now, as the sovereign ratings are upgraded, the cost of international funding for Indian companies will go down. This will sequentially lead to lower funding costs for companies in general'Since your questions circle around the rating upgrade, I'm sharing Vishal's comment on the S&P upgrade that we shared earlier yesterday as well:India was just upgraded by S&P to BBB with a Stable Outlook. The Government Bond market is rallying on this news, as this would encourage more foreign and FPI inflows into the bond markets.A higher Credit Rating systematically gets more investments into the country as risk-adjusted returns are better. We see India remaining in the global spotlight for Emerging Market favourable asset allocation and bond yields to fall in the short kept the repo rate at 5.50% in August. July CPI was at 1.55%, a multi-year low. From here, policy is likely to pause and track the direction and timing of any move will also be shaped by US tariffs outcome and global policy, especially by the US Fed in think a further 25 bps is definitely on the cards for FY 26 and that we remain in the multi-year lower or stable interest rate allocation to fixed income in the overall portfolio should be higher now, given the equity volatility and the ongoing uncertain geopolitical fixed income, staying in the short end of the curve and investing in 2-3 year maturity higher yield corporate bonds will provide regular and consistent returns ranging from 8-12%, depending totally on the risk appetite and investment goals of the maturity bonds have fallen in price and now offer better yields, so a part of the portfolio can be considered for government securities in this segment. The final mix should match your risk comfort, cash needs, and tax suggestive split for a conservative profile:40% in AA+/AAA corporates (2–3 years)25% in long-dated G-Secs/SDLs (10 years and above)20% in ~1-year FDs for liquidityUp to 15% in carefully selected, listed higher-yield corporates (2–3 years)Use this as a starting point. Suitability depends on tax slab, existing portfolio holdings and cash-flow allocation & portfolio construction is personal and stems from the basic factor of investor appetite and external factors like global uncertainty and domestic slowdown in credit the current uncertain equities and growth outlook, investors can plan around 40% equities / 40% fixed income / 20% Gold. With the RBI on repo rate cut pause, a possible rate cut later in FY26 and a multi-year low CPI of 1.55%, a higher allocation to fixed income currently enables steady returns and a 'wait and watch' outlook towards on the risk appetite, bonds currently offer anywhere between 7% and 12% returns. The allocation needed to earn ₹50,000 per month (₹6 lakh a year) will depend on where you are within the credit continuum—from AAA ratings to BBB monthly payout or regular payout options, the investment required could range from ₹50 lakh to ₹85 lakh. A balanced approach aiming for around 9% returns can help achieve this target with roughly ₹66 lakh invested in corporate bonds.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
2 hours ago
- Economic Times
S&P Upgrade to Boost Foreign Flows, Lower Funding Costs for Indian Companies: Vishal Goenka
India's S&P rating upgrade to BBB with Stable Outlook is set to lower funding costs for corporates and attract stronger foreign inflows into bonds, says Vishal Goenka of He sees improved risk-adjusted returns, enhanced global positioning, and fresh opportunities for fixed-income investors. Tired of too many ads? Remove Ads Q) Could this rating upgrade lead to a re-rating of Indian corporate bonds, and if so, which segments or sectors are likely to benefit the most? Tired of too many ads? Remove Ads Q) What changes can fixed-income investors expect in foreign capital flows into India's debt market after this upgrade? Q) After the status quo policy from the RBI, do you see further rate cuts in the rest of FY26 and why? Q) How should investors position themselves in the fixed income portfolio amid rate cuts and geopolitical concerns? Tired of too many ads? Remove Ads Q) If someone is a risk-averse investor and wants to deploy ₹10,00,000 – what would you recommend? Please give a percentage split. Q) How can investors determine the right balance between bonds, equities and hybrid instruments amid changing market dynamics? Q) Can corporate bonds fund a ₹50,000 per month 'pension'? What corpus is needed? The recent upgrade of India's sovereign rating by S&P to BBB with a Stable Outlook is poised to be a game-changer for the country's corporate bond market, according to Vishal Goenka , Co-Founder of believes the move will not only unlock lower international funding costs for large Indian corporates—whose ratings are often capped by the sovereign level—but also attract greater foreign portfolio inflows into the bond government bond yields already rallying on the news, Goenka sees India securing a stronger position in the global emerging market investment landscape, offering better risk-adjusted returns and fresh opportunities for fixed income investors. Edited Excerpts –'International country ratings cap ratings of Large Indian corporates. Now, as the sovereign ratings are upgraded, the cost of international funding for Indian companies will go down. This will sequentially lead to lower funding costs for companies in general'Since your questions circle around the rating upgrade, I'm sharing Vishal's comment on the S&P upgrade that we shared earlier yesterday as well:India was just upgraded by S&P to BBB with a Stable Outlook. The Government Bond market is rallying on this news, as this would encourage more foreign and FPI inflows into the bond markets.A higher Credit Rating systematically gets more investments into the country as risk-adjusted returns are better. We see India remaining in the global spotlight for Emerging Market favourable asset allocation and bond yields to fall in the short kept the repo rate at 5.50% in August. July CPI was at 1.55%, a multi-year low. From here, policy is likely to pause and track the direction and timing of any move will also be shaped by US tariffs outcome and global policy, especially by the US Fed in think a further 25 bps is definitely on the cards for FY 26 and that we remain in the multi-year lower or stable interest rate allocation to fixed income in the overall portfolio should be higher now, given the equity volatility and the ongoing uncertain geopolitical fixed income, staying in the short end of the curve and investing in 2-3 year maturity higher yield corporate bonds will provide regular and consistent returns ranging from 8-12%, depending totally on the risk appetite and investment goals of the maturity bonds have fallen in price and now offer better yields, so a part of the portfolio can be considered for government securities in this segment. The final mix should match your risk comfort, cash needs, and tax suggestive split for a conservative profile:40% in AA+/AAA corporates (2–3 years)25% in long-dated G-Secs/SDLs (10 years and above)20% in ~1-year FDs for liquidityUp to 15% in carefully selected, listed higher-yield corporates (2–3 years)Use this as a starting point. Suitability depends on tax slab, existing portfolio holdings and cash-flow allocation & portfolio construction is personal and stems from the basic factor of investor appetite and external factors like global uncertainty and domestic slowdown in credit the current uncertain equities and growth outlook, investors can plan around 40% equities / 40% fixed income / 20% Gold. With the RBI on repo rate cut pause, a possible rate cut later in FY26 and a multi-year low CPI of 1.55%, a higher allocation to fixed income currently enables steady returns and a 'wait and watch' outlook towards on the risk appetite, bonds currently offer anywhere between 7% and 12% returns. The allocation needed to earn ₹50,000 per month (₹6 lakh a year) will depend on where you are within the credit continuum—from AAA ratings to BBB monthly payout or regular payout options, the investment required could range from ₹50 lakh to ₹85 lakh. A balanced approach aiming for around 9% returns can help achieve this target with roughly ₹66 lakh invested in corporate bonds.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
