Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/top-100-wilful-defaulters-owe-lenders-rs-84632-crore/articleshow/80753675.cmsSynopsis While banks wrote off nearly three-fourth of it to clean their balance sheet and get tax benefits, the default borrowers continue to appear
Category: RBI–Banks
Service complaints by bank customers rise 57 pc to over 3 lakh: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/service-complaints-by-bank-customers-rise-57-pc-to-over-3-lakh-rbi-report/articleshow/80754191.cmsSynopsis The number of complaints pertaining to ‘Direct Sales Agent (DSA) and recovery agents’ increased from 629 complaints in 2018-19 to 1,406 this year,
Privatisation: Selling a house bank – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/privatisation-selling-a-house-bank/2190707/ The issue of sale price has been largely ignored in post-Budget market euphoria By Ashish Kapur & Vineet AgarwalDuring the pandemic-induced lockdown when
Can RBI fix flaws in NEFT? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/can-rbi-fix-flaws-in-neft-947238.html RBI has taken proactive actions to ensure safe transactions for the general public In spite of the myriad of options for digital transactions
The Insolvency and Bankruptcy Code allows the market to make the most efficient choice–MS SAHOO WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/insolvency-and-bankruptcy-code-corporate-debt-resolution-process-7178980/ Liquidation or rescue is an outcome of the market forces; the law is only an enabler giving choices and nudging a company towards
The curious case of rising bank frauds | Deccan Herald
RBI must create a new route map for banking supervision that is accountable to both the State and the taxpayer When the then RBI Governor
Securitisation of retail assets by NBFCs, HFCs jump 61% in Q3 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/securitisation-of-retail-assets-by-nbfcs-hfcs-jump-61-in-q3/article33781855.ece?homepage=true Securitisation of retail assets by non-banking finance companies (NBFCs) and housing finance companies (HFCs) saw a healthy 61 per cent quarter-on-quarter (QoQ) jump
‘With pick up in credit growth, banks’ demand for G-Secs to be hit’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/with-pick-up-in-credit-growth-banks-demand-for-g-secs-to-be-hit/article33782966.ece?homepage=true The demand for Government Securities (G-Secs) by banks could be affected with the economic recovery gaining momentum as there will be a pick
Limits to an accommodative monetary policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/limits-to-an-accommodative-monetary-policy/article33775507.ece?homepage=true The Centre’s large borrowing programme budgeted for 2021-22 can lead to higher interest rates than in the present year The resolution of the
‘In Q4, we are looking at growing the business, but methodically’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/in-q4-we-are-looking-at-growing-the-business-but-methodically/article33781759.ece?homepage=true ‘Credit demand has started returning as people get back to their livelihoods. Disbursement is even stronger in January. Demand is coming from across
Staying watchful: The Hindu Editorial on RBI and prices – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/staying-watchful-the-hindu-editorial-on-rbi-and-prices/article33776392.ece The RBI cannot afford to drop its guard on vigilance over prices with interest rates so low The RBI’s Monetary Policy Committee (MPC)
Infrastructure push now, fiscal consolidation later – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/infrastructure-push-now-fiscal-consolidation-later/article33776405.ece The Union Budget has provided reasonable stimulus to growth, but concerns remain about fiscal deficit The fiscal year 2020-21 has been an extraordinary
Get it right: Bank privatisation must make a good start. Don’t go Air India way–the times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/get-it-right-bank-privatisation-must-make-a-good-start-dont-go-air-india-way/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Policy normalisation path | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/policy-normalisation-path-121020700910_1.html RBI will need to do a tough balancing act The Reserve Bank of India (RBI) did most of the heavy lifting in terms of providing
The what, why & how of bank privatisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-what-why-how-of-bank-privatization-121020700958_1.html The government must continue to own a few big banks to address market failures. Bank trade unions have taken to the streets, protesting privatisation of
Is Union Budget 2021-22 inflationary? Experts not on the same page | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/is-union-budget-2021-22-inflationary-experts-not-on-the-same-page-121020701002_1.html The government has ruled out tweaking the inflation target under the monetary agreement framework between it and the RBI C Ranganathan, former governor,
DFI likely to be set up with IIFCL’s paid-up capital of Rs 10,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/dfi-likely-to-be-set-up-with-iifcl-s-paid-up-capital-of-rs-10-000-crore-121020800018_1.html To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans A new government-owned development finance institution (DFI)
Union Budget FY22 not as fiscally expansionary as believed initially – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-union-budget-fy22-beyond-the-speech/2189945/ Union Budget 2021 India: Interest payments excluded, the expenditure budgeted for FY22 is slightly lower than FY21 expenditure (RE). So, Bugdet FY22 is
Sell the best public sector banks; bids can be foreign–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/Swaminomics/sell-the-best-public-sector-banks-bids-can-be-foreign/SA Aiyar Swaminathan S Anklesaria Aiyar is consulting editor of The Economic Times. He has frequently been a consultant to the World Bank and
Staying the course | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-mpc-interest-rates-7176511/ RBI maintains status quo on rates. And signals continued support to the economy In line with expectations, the monetary policy committee (MPC) of
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