Clipped from: https://www.thehindu.com/opinion/editorial/delaying-the-inevitable-the-hindu-editorial-on-suspension-of-insolvency-proceedings/article33397154.ece Restructuring of bad loans will get tardier as the bankruptcy code is kept in abeyance The government has kicked the can down the
Category: RBI–Banks
We are in an era of ‘financial repression’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/we-are-in-an-era-of-financial-repression/article33396001.ece ’Repression’ economics Central banks will be under pressure to keep interest rates low – /iStockphoto ’Repression’ economics Central banks will be under pressure
Scaling back: How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Three-fourths of the banking sector is on a ventilator. More private banks can help it breathe easy. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/three-fourths-of-the-banking-sector-is-on-a-ventilator-more-private-banks-can-help-it-breathe-easy-/primearticleshow/79883963.cms SynopsisThe balance sheets of several public-sector banks are in distress, the government can ill afford bailouts, and a large section of the population
Invoicemart discounts Rs 10,000-cr MSME invoices – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/invoicemart-discounts-rs-10000-cr-msme-invoices/2154482/ A majority of industries and businesses are now inching towards pre-COVID-19 levels, MSMEs have also started charting their path for recovery, Invoicemart said
The right way to sell a troubled bank–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/the-right-way-to-sell-a-troubled-bank/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The RBI did well to invite expressions of
Need for relook at differential rates structure to help MSME: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/need-for-relook-at-differential-rates-structure-to-help-msme-experts/articleshow/79828395.cmsSynopsis Under the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those not having
Insolvency and bankruptcy code (IBC) suspension extended till March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-ibc-suspension-extended-till-march-31/articleshow/79843895.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures
Rising inflation is of concern: HDFC Chief Economist – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rising-inflation-is-of-concern-hdfc-chief-economist/article33367669.ece Abheek Barua, Chief Economist, HDFC Bank Abheek Barua, Chief Economist, HDFC Bank1/2 ‘On way to marked short term bounce in economy’ Inflation has
Industrial conglomerates owning banks is a bad idea – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/industrial-conglomerates-owning-banks-is-a-bad-idea/2152868/ This will worsen credit allocation and growth by deepening the problem of connected lending which will crowd out young and more efficient entrepreneurs
Too much fall in short term rates poses threat to financial stability: RBI minutes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-likely-to-maintain-its-accommodative-stance-sees-limited-rate-cut-window/articleshow/79799542.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The MPC left key interest rates unchanged this month amid persistently high inflation but said it would ensure ample liquidity to stressed sectors
PMC Bank gets four investment proposals, says RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pmc-bank-gets-four-investment-proposals-says-rbi/articleshow/79801386.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last month, PMC had invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction.
Banking sector’s renaissance after the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/renaissance-after-the-pandemic/articleshow/79802115.cms Synopsis–Policymakers in India have acted swiftly and decisively on both fiscal and monetary fronts to cushion the impact. The slew of measures introduced
Government exploring setting up bad bank, all other options: DEA Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-exploring-setting-up-bad-bank-all-other-options-dea-secretary/articleshow/79801605.cmsSynopsis Bajaj was responding to a query on whether the government would consider setting up of a bad bank as a one-time measure for
No big NPA shock for banks this fiscal: Financial Services Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/no-big-npa-shock-for-banks-this-fiscal-financial-services-secretary/article33357987.ece?homepage=true Financial Services Secretary Debashish Panda Financial Services Secretary Debashish Panda× Debashish Panda says loan repayments up after Unlock Financial Services Secretary Debashish Panda
How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
axis bank: Could see rise in retail stress in coming quarters: Axis Bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/could-see-rise-in-retail-stress-in-coming-quarters-axis-bank/articleshow/79778357.cmsSynopsis “While the stress is much lower than what we had envisaged, these numbers will be higher than what we saw last year. It
Govt to encourage banks to use co-origination model of financing to address MSME needs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-encourage-banks-to-use-co-origination-model-of-financing-to-address-msme-needs/articleshow/79782018.cmsSynopsis Co-origination or co-lending model is a financial system of leveraging the comparative advantages of both the banks and non-banking finance companies (NBFCs) in
Unwinding liquidity will be a major challenge for RBI: Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/unwinding-liquidity-will-be-a-major-challenge-for-rbi-subbarao/articleshow/79784772.cmsSynopsis The central bank announced a series of liquidity easing measures as its response to the COVID-induced contraction in the economic activity since end
Stress predates Covid: Bankers tell Supreme Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/stress-predates-covid-bankers-tell-supreme-court/article33348966.ece?homepage=true The Reserve Bank of India (RBI) on Wednesday said in the Supreme Court that there has not been a single case of Covid-related
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