PSU bank heads can block wilful defaulters’ exit from India now The government has empowered heads of public sector banks to directly request the authorities for issuance
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Government may raise PCA issue again if norms not eased by RBI – The Economic Times
The government is likely to raise the issue of relaxation of prompt corrective action (PCA) framework for stressed banks with the Reserve Bank of India again if
Note-ban impact transient; economy now robust: RBI Governor to Parliamentary panel – The Economic Times
The RBI governor appeared before the panel days after the RBI’s face-off with the finance ministry over a range of issues. In an apparent defence
Credit growth to real economy healthy, says RBI – The Economic Times
On liquidity, the government argues implementation of Basel III capital norms for banks, which are lower than the norms prescribed by the central bank. As
Working on ways to help Indian firms become global giants: Niti Aayog VC Rajiv Kumar – The Economic Times
Rajiv Kumar emphasised that India’s large and growing economy should give a strong base for our companies to improve scale and become global. The Niti
credit cards: How to ensure financial safety while using credit card – The Economic Times
One must get into the habit of verifying the monthly statement to make sure there are no unauthorised transactions. Sugandh is worried about credit card frauds and
ATM Costs are Part of Overall Bank Costs–Economic Times
The reported warning by the Confederation of ATM Industry that nearly half of the 2,38,000 automated teller machines (ATMs) may shut down by March 2019
IBC has led to the resolution of unpaid claims of nearly 3,00,000 crores: Injeti Srinivas – The Economic Times
Injeti Srinivas added that cases for which resolution plans had been accepted had led to a recovery of about Rs 71,000 crore and that if
Insolvency law helped address Rs 3 lakh cr stressed assets in 2 years: Official – The Economic Times
Corporate Affairs Secretary Injeti Srinivas said there has been a direct and indirect impact of the Code on stressed assets worth close to Rs 3
Standard Chartered Bank challenges Essar Steel’s resolution plan – The Economic Times
SCB has also challenged the Resolution Plan of Arcelor as being incomplete and in violation of the IBC. Standard Chartered Bank, the third-largest secured financial creditor
Will delay in IBC cases result in bank losses? – The Economic Times
Banks are losing thousands of crores of rupees due to delays in the settlement of bankruptcy cases and rating company ICRA estimated lenders lost Rs.
UltraTech: SC okays UltraTech bid for Binani–Economic Times
The Supreme Court bench led by Justice RF Nariman rejected the Rajputana appeal, setting the stage for a formal takeover of the company by the
SC move to split pleas challenging constitutional validity of IBC offers relief to banks – The Economic Times
Banks have got more time to resolve stressed assets as the Supreme Court has asked the parties to segregate all petitions related to the Reserve Bank of
Govt versus RBI: Pressure on RBI to ease credit to small firms, relax lending norms | The Indian Express
Viral Acharya (left) said Governor Urjit Patel (second from right) (Express Photo by Ganesh Shirsekar/File) While the trouble between the government and the Reserve Bank
Essar Steel: Committee of creditors still backing ArcelorMittal’s bid – The Economic Times
ArcelorMittal’s acquisition of Essar Steel is a done deal despite attempts by erstwhile promoters, the Ruias, to retain the asset, said bankers with knowledge of
Centre vs Central Bank: Government can’t second-guess RBI, time to work together – The Financial Express
The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai May 3, 2011. It is unfortunate that RBI, through deputy governor
Govt upset with RBI for being kept in the dark about PCA, NPA norms | Business Standard News
Amid differences between the Reserve Bank of India (RBI) and the finance ministry, officials said the government was upset with the central bank for not consulting it
[ RBI Vs Govt ] An avoidable path | Business Standard Editorials
Public recriminations will help neither the govt nor the RBI Last Updated at October 29, 2018 22:57 IST Last week, Viral Acharya, deputy governor of
[ Economy Deficit Financing ] Tight corner – The Hindu BusinessLine
With its other macro indicators in not-so-great shape, it is worrying that India’s fiscal deficit numbers should now threaten to overshoot targets for this fiscal.
Govt move to up pecuniary limit to file loan recovery in DRTs stayed by Rajasthan HC – The Hindu BusinessLine
The Rajasthan High Court has stayed the operation of the government’s September 6 Gazette notification, which doubled the pecuniary limit to ₹20 lakh for filing
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