Clipped from: https://www.business-standard.com/article/finance/rbi-release-minutes-of-mpc-meeting-outlines-thinking-about-economy-120102300942_1.html The Reserve Bank of India releases minutes of the October 7-9 meeting of its monetary policy committee. RBI governor Shaktikanta Das predicted India’s
Category: RBI–Banks
Loan revamp: Clubbing of sectors won’t help – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/loan-revamp-clubbing-of-sectors-wont-help/article32920821.ece RBI’s restructuring plan, based on the Kamath panel report, points to a one-size-fits-all approach. Many units will be left out A shrinking GDP,
Making a case for an active secondary market for corporate bonds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/view-making-a-case-for-an-active-secondary-market-for-corporate-bonds/articleshow/78815096.cms SynopsisSometimes, the most obvious reforms are those easily missed. The poor development of the secondary markets for corporate debt is an example. It
TLTRO scheme: Banks have to provide liquidity to eligible sectors via financial instruments – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/tltro-scheme-banks-have-to-provide-liquidity-to-eligible-sectors-via-financial-instruments/article32911523.ece The ‘on-tap’ TLTRO is a good move ahead of the festival season – REUTERS The ‘on-tap’ TLTRO is a good move ahead of
Cabinet clears waiver of compound interest on certain loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cabinet-clears-waiver-of-compound-interest-on-certain-loans/article32911212.ece The Cabinet Committee on Economic Affairs (CCEA) is believed to have approved waiver of interest on interest for the Covid-stress moratorium period for
Banks, NBFCs must raise capital, do stress tests: RBI Guv Shaktikanta Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-is-at-doorstep-of-revival-lenders-must-have-capital-rbi-governor-120102101439_1.html Banks and NBFCs must to do stress tests to ensure credit flow, says Shaktikanta Das Das said governance reforms in banks and NBFCs
Centre’s interest waiver policy is manageable, say analysts
Clipped from: https://www.deccanchronicle.com/business/economy/081020/centres-interest-waiver-policy-is-manageable-say-analysts.html Representational image. New Delhi: The government’s decision pertaining to waiver of interest-on-interest on loans under moratorium would be a manageable outcome as the value impact
Court-ordered interest waiver and bad loan recognition ban hurts common man | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/banks-india-banking-system-bad-loans-non-performing-assets-rbi-gdp-judiciary-constitution-6810950/ It sabotages economic justice because fiscally funding banking diverts money from education, health and skilling expenditure. Waiving interest dues or banning bad loan
The dark side of low interest rates | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-dark-side-of-low-interest-rates-120101901603_1.html While the low interest rate policy may or may not help with investment, output and employment, it can aggravate, if not cause, financial
India must not neglect bank recapitalisation despite pandemic, says Viral Acharya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-must-not-neglect-bank-recapitalisation-despite-pandemic-says-viral-acharya/articleshow/78748878.cmsSynopsis “If the government doesn’t wish to recapitalise banks in a timely manner, then it must ensure that the contours of debt moratoria and
Centre to ensure interest waiver benefits to small borrowers by Nov 2 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-ensure-interest-waiver-benefits-to-small-borrowers-by-nov-2-120101900040_1.html Experts say provisioning requirements for banks may go up 20-50 per cent in Q2 due to SC standstill order It will tentatively cost
Centre may have no stake in public sector banks after privatisation | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/centre-may-have-no-stake-in-public-sector-banks-after-privatisation-120101900050_1.html Wants RBI to relax the rules on ownership in private sector banks The RBI has set up a committee under retired bureaucrat P
India’s inflation targeting framework needs a relook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-inflation-targeting-provisions-need-a-relook/article32886547.ece The assumptions underlying Chapter III-F of the RBI Act have become a hindrance to the achievement of India’s development goals It is widely
Retail cheque payments down to a trickle in FY20 to 2.96%: RBI data – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/retail-cheque-payments-down-to-a-trickle-in-fy20-to-2-96-rbi-data/articleshow/78731214.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In FY2020, the share of paper clearing in total retail payments plunged to just 2.96 per cent in terms of volume and to
Higher NPAs hinder monetary policy transmission: RBI paper – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/higher-npas-hinder-monetary-policy-transmission-rbi-paper/articleshow/78731226.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In an environment of sustained asset quality stress impacting the capacity of banks to lend, the government has infused capital in public sector
RBI announces steps to boost credit flow to real estate sector – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com/business-news/rbi-announces-steps-to-boost-credit-flow-to-real-estate-sector/story-biBhSs4cAUOJN7wC3yyBQI.html This measure, according to the RBI, is expected to give a fillip to bank lending to the real estate sector which is critical
All you wanted to know about doorstep banking services – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about-doorstep-banking-services/article32662344.ece Following the ‘stay home to stay safe’ norm, financial entities, predominantly banks, are now extending their services to the doorsteps of their customers,
Allowing the rupee to strengthen can help contain the creeping inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/allowing-the-rupee-to-strengthen-can-help-contain-the-creeping-inflation/article32516074.ece With the consumer price inflation at 6.9 per cent in July, the RBI needs to exercise caution over increasing the supply of rupees
RBI’s revision of priority sector lending norms is welcome but it should also focus on the hurdles – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbis-revision-of-priority-sector-lending-norms-is-welcome-but-it-should-also-focus-on-the-hurdles/article32564479.ece RIDF investments have dipped over time, reducing funds for public investment in agriculture in the credit-deficit regions. It is just as well that
Revised Long Format Audit Report for banks will help curb frauds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/revised-long-format-audit-report-for-banks-will-help-tone-up-risk-management-and-curb-frauds/article32574363.ece For the revised LFAR to work, all stakeholders — including the RBI’s nominees on bank boards — must play their part effectively. The
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