Clipped from: https://www.financialexpress.com/industry/banking-finance/cea-to-bankers-if-you-want-books-in-order-then-let-your-karma-be-driven-by-your-dharma/2191482/ CEA Krishnamurthy V Subramanian was delivering the 11th R K Talwar memorial lecture organised by the Indian Institute of Banking and Finance. It
Category: RBI–Banks
Pro forma gross NPAs of 17 banks estimated to be Rs 7 lakh crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/pro-forma-gross-npas-of-17-banks-estimated-to-be-rs-7-lakh-crore/2191468/ This implies Rs 1.04 lakh crore of bad loans in the system, which is yet to be recognised by the banks. The apex
Why SBI share rose 42% in seven sessions- -business today
Clipped from: https://www.businesstoday.in/markets/company-stock/why-sbi-share-rose-42-in-seven-sessions/story/430750.html Today, SBI shares traded 1.66% higher at the day’s high of Rs 403.45 against the last close of Rs 396.85. SBI stock opened
Rebooting Economy 65: IBC has failed; will a bad bank succeed?–business today
Clipped from: https://www.businesstoday.in/opinion/columns/rebooting-economy-65-ibc-has-failed-will-a-bad-bank-succeed/story/430537.html At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also
‘Bad bank could help PSBs focus on growth’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/bad-bank-could-help-psbs-focus-on-growth-say-experts/articleshow/80758314.cms SynopsisAccording to experts, systemic corporate stress is in the range of Rs 5-6 lakh crore, out of which Rs 4 lakh crore is
What is a National Bad Bank and how it will work? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-is-a-national-bad-bank-and-how-it-will-work/articleshow/80757961.cms SynopsisBankers estimate the new ARC will require a capital of at least Rs 15,000 crore as that could enable it to buy bad
Covid-hit MSMEs shutdown: Nitin Gadkari says no data maintained by government due to this reason – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-covid-hit-msmes-shutdown-nitin-gadkari-says-no-data-maintained-by-government-due-to-this-reason/2191127/ Ease of Doing Business for MSMEs: 88 per cent of the PMEGP beneficiaries reported that they were negatively affected, according to a KVIC
Top 100 wilful defaulters owe lenders Rs 84,632 crore – The Economic Times
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
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