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
Category: RBI–Banks
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.
YES Bank Q3 results: Bank reports record loss of Rs 18,564 crore in Dec quarter – The Economic Times
MUMBAI: Private lender Yes BankNSE 2.00 % reported a loss of Rs 18,564 crores at the end of the December quarter against a profit of
stock valuation: How to use valuation ratios like PE, EPS, PBV for stock selection – The Economic Times
By Manish Johari Among the challenging things a founder has to do is raise venture capital. The level of challenge of course varies. Many of
Show me the money: The challenge of raising venture capital – The Economic Times
By Manish Johari Among the challenging things a founder has to do is raise venture capital. The level of challenge of course varies. Many of
Where was RBI when Yes Bank was tanking? | Deccan Herald
The government and the Reserve Bank may have found a suitor for Yes Bank quickly after the crisis at the bank could no longer be
Yes Bank: View: The urgency Yes Bank’s collapse should have triggered, but didn’t – The Economic Times
By Archana Chaudhary and Bibhudatta Pradhan India’s messy banking system has long been a source of friction between the Prime Minister Narendra Modi’s government and
RBI revises exposure limits for urban cooperative banks to single, group borrowers – The Economic Times
The RBI also asked UCBs to prepare a board approved action plan for compliance with the revised exposure limits and priority sector lending targets. The
Lakshmi Vilas Bank bets on gold biz, MSMEs for business revival – The Economic Times
KOLKATA: Lakshmi Vilas BankNSE 4.90 % (LVB) has adopted a strategy to conserve whatever capital it has ahead of the fiscal-year end, even as the
YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon | Business Standard News
HDFC, Kotak Mahindra Bank, ICICI Bank, and Axis Bank are among the entities that will come to the rescue of troubled YES Bank, even as
Writing down bonds | Business Standard Editorials
Asset management companies holding additional tier-I (AT-1) bonds of YES Bank are reportedly negotiating a deal to avoid a 100 per cent haircut by converting
forex news: As coronavirus spooks markets, RBI announces $2 billion money shot – The Economic Times
The current account is expected to move to surplus in the March quarter due to a plunge in crude oil prices The Reserve Bank of
Reform Beyond Big Bang Bank Mergers–Economic Times
The Centre needs to fast-track long-pending banking sector reforms, complete with focused revamp of governance standards, quick on the heels of the merger of 10
Covid-19: It may be prudent for government and RBI to wait a little before taking more steps
The Covid-19 outbreak has seen both WHO and governments across the world enhance their response level this week. First, WHO finally categorized it as a