Clipped from: https://www.business-standard.com/article/finance/rbi-s-monetary-and-fiscal-policy-moving-hand-in-glove-121020500686_1.html RBI has done exceptionally well in managing government’s extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP
Category: RBI–Banks
Inflation, Budget and its implications: RBI’s two guiding forces on rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-budget-and-its-implications-rbi-s-two-guiding-forces-on-rates-121020500358_1.html The other signals expected from the policy related to the rollback of measures announced during the pandemic The guiding forces for Friday’s monetary
Inflation worries play on RBI’s mind, dampen mood of bond market | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-worries-play-on-rbi-s-mind-dampen-mood-of-bond-market-121020500591_1.html Higher inflation projection rules out any rate cut possibility in the first half of FY22; bond yield jumps Reserve Bank of India governor
RBI keeps rates unchanged, invites retail investors directly to gilt mkt | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-keeps-rates-unchanged-invites-retail-investors-directly-to-gilt-mkt-121020500375_1.html The RBI said it will restore the cash-reserve ratio to its normal levels in two phases, 3.5 per cent (from 3 per cent
Spike in India bank’s stressed loans slower due to govt measures: Moody’s | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/spike-in-india-bank-s-stressed-loans-slower-due-to-govt-measures-moody-s-121020500796_1.html Ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government guaranteed loans to small businesses have supported Indian banks’ asset quality
Proposed ARC to be adequately capitalised, says CEA – The Financial Express
Clipped from: https://www.financialexpress.com/economy/proposed-arc-to-be-adequately-capitalised-says-cea/2188138/ Moreover, since the ARC-AMC will be a private entity, the decision-making is expected to be swift, as its proposals need not be vetted
Shot in the arm for banking reform–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/shot-in-the-arm-for-banking-reform/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The budget proposals to strengthen public sector banks
wilful defaulters: Banks wrote off Rs 62,000 cr loans of top 100 wilful defaulters as of March 20: RBI tells RTI activist – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-wrote-off-rs-62000-cr-loans-of-top-100-wilful-defaulters-as-of-march-20-rbi-tells-rti-activist/articleshow/80691379.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Data the Reserve Bank of India shared with Right to Information Act activist Biswanath Goswami showed that Mehul Choksi-owned Gitanjali Gems was the
SBI asset quality surprises on positive side – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sbi-asset-quality-surprises-on-positive-side/articleshow/80689573.cmsSECTIONSQ3 result: SBI asset quality surprises on positive sideLast Updated: Feb 04, 2021, 06:10 PM IST SBI will unlock value from general insurance and
Budget 2021 shows govt is set for a fiscal push. Baton has once again passed to the RBI–SOUMYA KANTI JOSHI –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-2021-gdp-economy-7173494/ Fortunately, the RBI and government have worked in perfect harmony during the pandemic. The Union Budget for FY22 is a budget to consolidate
Millions of defaults threaten microfinance’s future in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/millions-of-defaults-threaten-microfinances-future-in-india/articleshow/80682643.cmsSynopsis Borrowers around the world have been hit hard but perhaps nowhere more so than in India. It’s the global leader in microfinance, the
Few mid, emerging corporates opt for RBI’s one-time restructuring: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/few-mid-emerging-corporates-opt-for-rbis-one-time-restructuring-report/articleshow/80669035.cmsSynopsis India Ratings and Research said only 5 per cent of its rated 450 issuers in the mid and emerging corporates (MEC) space had
Sitharaman’s bad bank plan sparks concern loan prices could be inflated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sitharamans-bad-bank-plan-sparks-concern-loan-prices-could-be-inflated/articleshow/80662384.cmsSynopsis There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging. But
Decoding the fine print of Nirmala Sitharaman’s ‘no harm’ Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
Two PSBs, one insurance firm to be privatised – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/two-psbs-one-insurance-firm-to-be-privatised/article33718712.ece The government is planning to set the ball rolling on privatisation of two public sector banks (PSBs) and a general insurance company in
FM proposes ARC to tide over NPAs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fm-proposes-bad-bank-to-tide-over-npas/article33718524.ece Finance Minister Nirmala Sitharaman’s proposal for stressed asset resolution through the setting up of an asset reconstruction company and asset management company is
‘Cost of financing in the economy likely to go up’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cost-of-financing-in-the-economy-likely-to-go-up/article33719460.ece Cost of financing in the economy could go up as the government’s gross borrowing programme at ₹12-lakh crore in FY2022 is higher than
RBI gives banks three more months to appoint Chief Compliance Officer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-gives-banks-three-more-months-to-appoint-chief-compliance-officer/article33732320.ece The Reserve Bank of India (RBI) has given banks three more months to appoint Chief Compliance Officer (CCO) as per the guidelines it
Budget proposes tax neutral benefit for conversion of UCBs into banking company – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/budget-proposes-tax-neutral-benefit-for-conversion-of-ucbs-into-banking-company/article33739017.ece Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman× The RBI had in 2018 permitted voluntary transition of primary coop banks into small finance
RBI issues guidelines on risk-based internal audit for NBFCs, UCBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-guidelines-on-risk-based-internal-audit-for-nbfcs-ucbs/article33738044.ece?homepage=true The Reserve Bank of India (RBI) on Tuesday issued guidelines on risk-based internal audit (RBIA) framework for Non-Banking Financial Companies (NBFCs) and Primary
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