C Rangarajan, former head of the country’s Reserve bank (RBI) says the regulator does have formal supervisory powers over government-owned lenders but also needs to
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.
Cleaning The NPA Mess-Minhaz Merchant – BW Businessworld–17.03.2018
Non-Performing Assets (NPAs) are both a political and financial problem. Humongous NPAs were created during the UPA1 and UPA2 governments. But lax monitoring by the
The Overhaul Blueprint- Business News–Business Today–17.03.2018—–*****
Steps that government, regulators and banks need to take to make the banking system more competitive, efficient and less fraud-prone. State Bank of India (SBI),
When Haste is Waste- Business News–Business Today–17.03.2018
Punjab National Bank’s haste in announcing the Nirav Modi episode as a $1.77 billion scam-instead of the current outstanding $751 million (Rs 4887 crore)-may have
Bond not the Best- Business News–Business Today–17.03.2018—–*****
Rising bond yields and the resulting treasury losses are telling on profitability of banks. Yield on the benchmark 10-year government securities (G-sec) surged 67 basis
PNB fraud fallout: State-owned bank officials attend risk management workshop–Business Today–17.03.2018—–*****
In the wake of the Rs 13,000 crore PNB fraud, this week saw senior officials of all public sector banks meeting up in the capital
Finance Ministry returns Urjit Patel’s volley saying RBI has enough powers: Report–Business Today–17.03.2018—–*****
While the country’s biggest banking fraud with the Punjab National Bank at its epicentre is still unravelling, two major questions are yet to be fully
cyber attacks: India’s cyber security chief avoids netbanking | India News – Times of India–17.03.2018
Even as the government promotes more digital transactions, the country’s cyber security chief Gulshan Rai said on Thursday he rarely does any internet banking himself
cyber security: Age limit for going online? How threat to children can be tackled | Delhi News – Times of India–17.03.2018
If there can be an age limit for driving a car, then why shouldn’t there be one for using the internet?” This was one of
Cyber crime becoming industry, may occur ‘very often’: Rajnath Singh | India News – Times of India–17.03.2018
Home Minister Rajnath Singh on Wednesday said cyber crime has become an industry globally and that such offences may occur “very often” due to the
current account deficit: Current Account deficit widens to 2% of GDP on higher oil import bill – The Economic Times–17.03.2018—–*****
The trade deficit had hit a 56-month-high in the month of January before narrowing in the month of February. Current account deficit (CAD)- excess of
RBI: Wisdom of RBI’s move to restrict trade finance instruments questionable – The Economic Times–17.03.2018
On moving from LoU to bank guarantee or Letter of Credit funding, bank charges will be higher. Hence, there will be difference of 0.5-1% in
Ban on LoUs will squeeze trade edit–Economic Times–17.03.2018
The Reserve Bank of India’s (RBI) fiat to discontinue letters of undertaking (LoUs) and letters of comfort for importers to prevent their misuse is a
RBI has enough powers to supervise banking sector, says former chief C Rangarajan – The Financial Express–17.03.2018
Disagreeing with RBI Governor Urjit Patel, former central bank chief C Rangarajan today said the Reserve Bank has ‘enough powers’ to supervise the banking sector,
Urjit Patel rises to occasion: RBI governor is no ‘yes man’ to Narendra Modi – The Financial Express–17.03.2018
Urjit Patel picked a good time to find his voice. The usually reticent central bank governor robustly defended his institution after India’s finance minister blamed
India’s Oct-Dec current account deficit widens on higher imports; expert says more bad news ahead – The Financial Express–17-03-2018
India’s October-December current account deficit widened sharply from a year earlier, driven by higher imports, data from the Reserve Bank of India showed on Friday.
GST collection to cross Rs 90k cr a month from April: CBEC – The Financial Express–17.03.2018
The collection of Goods and Services Tax (GST) will see buoyancy from April onwards and will cross Rs 90,000 crore per month, a top official
Why RBI is right on bank reforms – The Financial Express–17-03-2018
Where Patel and his predecessor Raghuram Rajan have to be congratulated though, is that while banks were merrily ever-greening dubious loans, RBI inspections never uncovered
Urjit Patel is right: But Reserve Bank of India should introspect as well | Business Standard Editorials–17-03-2018—–*****
The recent scandal about fraudulent letters of undertaking (LoUs) has once again brought into the public eye the question of governance and regulation of public
RBI’s hasty move – Business Line–17-03-2018—–*****
The Reserve Bank’s move to ban the issue of letters of undertaking (LoU) — the instrument used by jewellers Mehul Choksi and Nirav Modi to
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