Retailers extract higher margins from FMCG firms

The terms of trade are slowly tilting in favour of modern retail. Despite going through a correction phase, which saw many retailers shutting stores, modern trade is beginning to cash in on its scale and clout by seeking higher payouts from suppliers.
Consumer product companies have increased aggregate payouts by 200-300 basis points over last year, say retailers. These include incentives for timely payment, meeting certain volume targets, and marketing inputs.
Source: Business Standard RBI may stick to loan-loss norms
Adding to the provisioning woes of a host of banks, the Reserve Bank of India (RBI) has indicated it would not allow them to include loan write-offs while calculating the loan-loss coverage ratio.
During a meeting with select bank chiefs on Wednesday, in response to a demand from banks, senior RBI officials had said the move was against good accounting practices, something the central bank had stood for even at the peak of the financial crisis,