Over the weekend the Yes Bank challenge took a dangerous turn. After a temporary moratorium on deposit withdrawal was imposed on Thursday, RBI and government
Month: March 2020
No improvement: Bailout of Yes Bank reflects all that is wrong with the financial sector and its supervision
The bailout last week of Yes Bank by the State Bank of India is the largest of its kind in recent times. For all practical
Women entrepreneurship: SME lender U GRO taps into women-owned small businesses; launches new scheme – The Financial Express
Credit and Finance for MSMEs: Sachin Bansal backed small business lending platform U GRO on Monday launched an unsecured SME lending product called Narayani for
Special liquidity window: RBI to offer Yes Bank Rs 10,000-crore loan – The Financial Express
The central bank had in 2004 extended a similar facility of Rs 463.5 crore to the crisis-hit Global Trust Bank (GTB) for 90 days to
Public money not for private loot, bring Yes Bank under govt control: AIBEA – The Financial Express
They should not be let loose just like that, the AIBEA said in a statement. Stressing that private sector banks were failing one after another,
India’s decision not to join RCEP unfortunate, says Montek Singh Ahluwalia – The Financial Express
UDIT MISRA: Did the Planning Commission overstay its welcome? Many of my friends thought that it was a contradiction of sorts for someone associated with
No shortcuts in a dynamic world | Business Standard Column
In this part, I explore two questions: What is a “business institution”? And what is the mindset, behaviour and action of the “shaper” of a
US crash: What is a circuit breaker in a stock market; how does it work? | Business Standard News
Sell-off continued on Monday when the US markets opened for trade on Monday. After a sell-off earlier in the day that saw the S&P BSE
Price of leadership | Business Standard Editorials
The decision of State Bank of India (SBI) to come in as white knight for YES Bank raises several questions. Capital investment at Rs 10
The oil crash | Business Standard Editorials
Brent crude prices cracked 30 per cent in the early hours of trade on Monday, extending the decline to over 45 per cent since the
Coronavirus crisis adds to risks as India battles slowdown, unemployment | Business Standard Column
It is logical to believe that employment conditions in India have deteriorated quite substantially during 2019-20 economic growth has slowed down and investments show no
‘Drugs imported from unregistered dealers cannot be sold to local buyers’ | Business Standard News
Q. We are pharmaceutical manufacturers. We had imported raw material under the advance authorisation scheme to export the final product to USA. Due to business/trade
Why the revival of YES Bank is a herculean task – The Hindu BusinessLine
The distressed private sector bank requires an immediate resolution plan and sizeable capital infusion Months of speculation over the fate of YES Bank came to
The vulnerability of private banks warrants concern – The Hindu BusinessLine
The YES Bank implosion casts doubts on the health of India’s private banks, especially those formed during liberalisation years. The current policy environment validates these
ACB books J&K Cooperative Bank chairman for sanctioning Rs 223 crore in loan to bogus housing society | India News – Times of India
SRINAGAR: The Anti-Corruption Bureau registered on Monday a case against J&K State Cooperative Bank chairman M Shafi Dar for sanctioning a loan of Rs 223
‘Quick resolution of Yes Bank crisis to keep sector contagion at bay’ | Business News,The Indian Express
The central bank has unveiled a draft reconstruction scheme on March 6 for the capital-starved Yes Bank, under which State Bank of India is expected
SBI providing ‘unfair public subsidy’ to Yes Bank owners: Ashok Khemka | Business News,The Indian Express
In a letter to Prime Minister Narendra Modi and Reserve Bank Governor Shaktikanta Das on Monday, IAS officer Ashok Khemka raised several objections to the
Covid-19: A response now will help mitigate impact | Opinion – analysis – Hindustan Times
By now, a number of my friends have asked if we are in panic and overreaction mode to the novel coronavirus outbreak that has spread
What caused global markets to sink–Deccan Chronicle
World markets plunged after global oil prices nosedived on fears the global economy weakened by a virus outbreak might be awash in too much crude.
DH Decipher: Why have oil prices crashed? Why are we still paying the same price? | Deccan Herald
International crude oil prices crashed dramatically on Monday to around $30 per barrel, falling over 50%. This is a sharp decline from around $66 per
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