You really cannot afford to let a bank go down, which is why in the case of banks we have the philosophy of ‘too big
Category: RBI–Banks
Credit, debit cards’ online use facility to be disabled by March 16, 2020, if never used till then – The Economic Times
March 16 is a date that should matter to you if you have never used your debit or credit card for online transactions. The online
Public money not for private loot, bring Yes Bank under govt control: AIBEA – The Economic Times
The bank union said the RBI, being the regulator, cannot be unaware of the ongoings in Yes Bank. Stressing that private sector banks were failing
India’s slowdown story is older than IL&FS crisis; these reasons aggravated trouble – The Financial Express
A fall in the central government spending to GDP, coupled with other funding constraints contributed to the slowdown. The slowdown story of India is not
Too slow to act on Yes Bank, RBI has eroded depositor faith–Indian Express
Within 24 hours of the superseding of the board of Yes Bank by the Reserve Bank of India, Finance Minister Nirmala Sitharaman announced a reconstruction
Explained: What went wrong with Yes Bank? | Deccan Herald
The Reserve Bank of India (RBI) on March 5 placed Yes Bank under moratorium and restricted withdrawals to a maximum of Rs 50,000, sending its
YES Bank crisis: Why government must fix the vulnerabilities in financial system – The Economic Times
he Modi government has a major problem at hand. No, it has nothing to do with the Citizenship (Amendment) Act or the protests against it.
Yes Bank: Deposits with Yes Bank insured up to Rs 5 lakh but what should salary account holders do? – The Economic Times
The deposit insurance coverage limit is applied separately to deposits in different banks. Although the government has limited withdrawals from Yes bank accounts to a
Won’t allow YES to fall off a cliff: Sitharaman to investors – The Economic Times
KOLKATA: The collapse of YES BankNSE -56.11 % has left investors worrying on whether they would recover their investments in other small banks and some
Yes Bank reconstruction: Additional tier-I bond holders to be hit by Rs 10,800 cr if RBI’s plan goes through – The Financial Express
One of the biggest losers in case the RBI’s restructuring scheme for Yes Bank goes through will be the additional tier-I bond holders who have
Yes Bank crisis may hit jute mill operations, worker wages ahead of Holi | Business Standard News
The moratorium on Yes Bank by Reserve Bank of India could have a rippling effect on the operating jute mills and wages of lakhs of
Yes Bank resolution will be done swiftly, 30 days is outer limit: RBI Governor – business news – Hindustan Times
Reserve Bank of India governor Shaktikanta Das on Friday said that Yes Bank resolution will be done very swiftly and that 30 days is an
Not easy for entrepreneurs to avail bank loans: Gadkari | Deccan Herald
Union MSME Minister Nitin Gadkari on Friday said it is not easy for entrepreneurs to avail bank loans, and there is a need to encourage
YES Bank Collapse: Rana Kapoor faces money laundering charges, ED raids residence
Enforcement Directorate has raided residence of YES Bank founder Rana Kapoor on Friday night in connection to a money laundering case. The agency has also
Good Riddance to Cryptocurrency Bar–Economic Times
It is welcome that the Supreme Court has nixed an RBI circular preventing any entity regulated by it from dealing with cryptocurrency transactions. This meant
Illogical ban | Business Standard Editorials
The Supreme Court ruled on Wednesday that the Reserve Bank of India’s (RBI’s) ban on banks dealing with the accounts of cryptocurrency traders and exchanges
How to effectively run a public sector bank – The Hindu BusinessLine
Bank officials who can assess a borrower’s intent and ability to run a business and lend without fear or favour, are crucial Public sector banks
RBI: RBI deputy governor Vishwanathan quits ahead of retirement – The Economic Times
Mumbai: Reserve Bank of India deputy governor NS Vishwanathan has quit three months ahead of his retirement in June due to health reasons, posing a
Why did Yes Bank collapse? Here are 6 main reasons–Business Today
Yes Bank news: The financial position of the bank has undergone a steady decline over the last few years In a rare case of Reserve
RBI may use unconventional tools to combat coronavirus impact, sources say – The Economic Times
NEW DELHI: India’s central bank is considering using unconventional policy tools to spur lending, three government officials told Reuters, amid fears that the coronavirus outbreak
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