In a major step to implement much-needed financial sector reforms, the Union Cabinet on Friday may approve a proposal to introduce the Bilateral Netting of
Category: RBI–Banks
Indian banks to appeal for relief on bad loans amid coronavirus concerns – The Economic Times
MUMBAI: Large banks had an emergency meeting on Monday evening to explore ways to lend a helping hand to businesses hit by the Covid-19 outbreak.
Lakshmi Vilas Bank: Lakshmi Vilas Bank initiates action against senior executives, prunes staff strength – The Economic Times
Private sector lender Lakshmi Vilas BankNSE -3.28 % has initiated action against three of its senior executives for not taking adequate safeguards while lending even
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Govt encouraging people to avoid using cash to stop coronavirus transmission – The Economic Times
The government has asked banks to encourage customers to use digital payment methods like UPI, NEFT, mobile banking and debit and credit cards instead of
Coronavirus impact on SMEs: India’s small businesses were struggling. Coronavirus may be their death knell – The Economic Times Video | ET Now
The coronavirus outbreak is making small businesses across sectors struggle to make ends meet. With GST compliance issues, slow domestic demand and demonetisation already playing
Stressed NBFC sector relying more on banks for borrowings: Care Ratings – The Economic Times
Facing difficulties in raising money from the capital market, non-banking financial companies are relying more on banks to meet their funding requirements, with lending to
Yes Bank continues to roil other private lenders, IndusInd latest – The Economic Times
MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Covid-19 impact: India Inc seeks moratorium on loans, waiver on levies – The Financial Express
By Malini Bhupta Hit by near lockdown conditions across the country, Corporate India is expected to seek relief from the government. On a conference call on
A discredited business world | Business Standard Column
On current form, the bizarre drama that is the Rana Kapoor-YES Bank saga can be labelled The League of Failed Businessmen. Anil Ambani, Kapil Wadhwan,
Exporters have started feeling pinch of coronavirus, says industry body | Business Standard News
The MSMEs particularly in employment intensive sectors like carpets, handicrafts, apparels, footwear, gems and jewellery, and marine are likely to be worst affected particularly in
Banks to seek RBI forbearance on loans to MSME, affordable housing – The Hindu BusinessLine
Repayment delay on the part of borrowers should not be classified default up to a point in time Banks plan to move the Reserve Bank
Sale of AT-1 bonds to retail bank account holders should serve as a wake-up call to RBI – The Hindu BusinessLine
The RBI needs to admit that it hasn’t done enough to curb the rampant mis-selling by banks and take concrete steps to fix the issue
khatabook: MS Dhoni invests in fintech startup Khatabook – The Economic Times
NEW DELHI: Khatabook announced a strategic partnership with Mahendra Singh Dhoni, who will invest in the company and become its brand ambassador. The firm has
Yes Bank: Depositors staying put is now key to India’s biggest bank rescue – The Economic Times
By Suvashree Ghosh Depositors will judge this week whether India has staved off another threat to banking sector stability when curbs on withdrawals from a
RBL Bank rubbishes rumours about its financial health – The Economic Times
MUMBAI: Private lender RBL bankNSE 1.04 % on Tuesday again reiterated that that it was financially strong, well-capitalized, profitable, and a growing entity with a
Shaktikanta Das: Yes Bank depositors’ money is absolutely safe: RBI governor Shaktikanta Das – The Economic Times
MUMBAI: The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday dispensed with the usual regulatory formality to assure the man on the street
Banking on Reforms–Economic Times
By RAGHURAM RAJAN Risk management still needs substantial improvement in public sector banks, regulatory compliance is inadequate and cyber risk needs greater attention. Interest rate
The curious case of an upset FM and an apologetic banker | Business Standard Column
You must have come across the audio and video clips of Finance Minister Nirmala Sitharaman giving vent to her frustrations at Rajnish Kumar, the boss
Regulatory gaps | Business Standard Editorials
The Reserve Bank of India (RBI) will face one of its biggest tests in recent times when the moratorium imposed on YES Bank is lifted.