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
Category: RBI–Banks
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
IL&FS board asked to conclude resolution of all entities in next 3 months – The Financial Express
IL&FS and its entities, being financial service providers, no application under Section 7, or 9 or 10 of the Insolvency and Bankruptcy Code (IBC) can
Coronavirus outbreak, bank failure and oil drop push RBI, Modi govt to take immediate action – The Financial Express
India’s central bank and government will need to raid their policy toolkits to respond to a myriad of global and domestic risks threatening an economy
Over 100 people in Yes Bank’s ‘top management’ may lose ESOPs, bonuses | Business Standard News
The Reserve Bank of India (RBI) is considering clawing back the employee stock options and bonuses issued to the entire top management of YES Bank
All you wanted to know about AT-1 bonds – The Hindu BusinessLine
The government and the RBI seem to have worked overtime just before the weekend to put together a bailout package for YES Bank. With the
RBI asks state govts not to move deposits out of pvt banks; says money is safe–Deccan Chroncle
New Delhi: The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about
The ‘Yes’ to loot | Deccan Herald
The dramatic developments in the case of Yes Bank will bring new shock waves to a financial sector that is already shaken and bruised. It
Yes Bank crisis to hit LIC customers – The Economic Times
BENGALURU: Ahead of the March 31 tax deadline, lakhs of LIC customers might see disruption as the Life Insurance Corporation of India’s nodal bank for
Yes Bank rescue: ICICI Bank, HDFC, Kotak could play big roles in SBI’s plan – The Economic Times
ICICI Bank, HDFC bank, Kotak and other institutions have been sounded out for equity infusion while an array of public sector lenders have been approached
There was enough time to put together plan for Yes Bank, says Raghuram Rajan – The Economic Times
NEW DELHI: Former RBI governor Raghuram Rajan on Wednesday said there was a lot of time to put together a plan for Yes BankNSE 35.53
Aye Finance: MSME lender Aye Finance announces expansion plans for FY 21 – The Economic Times
NEW DELHI: Aye Finance, backed by Capital G, has announced its plans to expand its presence further in the country by the end of the
SBI to foray into microfinance, may offer loans at lower interest rates – The Economic Times
Kolkata: State Bank of IndiaNSE -3.29 % (SBI) has decided to enter the microfinance market that has shown immunity to economic downturn. The move by
MSME lending: Growth in bank credit bounces back after months of contraction in FY20 – The Financial Express
The scenario in terms of the year-over-year (YoY) credit growth has also improved. Credit and Finance for MSMEs: Gross bank credit growth to micro and
Cryptocurrencies, Blockchain and India – The Hindu BusinessLine
In a press release as far back as 2013, the RBI said: The Reserve Bank of India has today cautioned the users, holders and traders
View: The crisis at YES Bank is an opportunity to start correcting the wrongs – The Economic Times
By Lloyd Mathias The crisis in Yes BankNSE 31.58 % and its impact on customers nationwide has yet again raised the issue of business accountability.
View: Why it’s better for RBI to just wait and watch on cryptocurrency – The Economic Times
By Ateesh Tankha Imagine an Indian hotel chain that’s mortally afraid of the coronavirus. No cases have yet been reported at any of its properties,
Narayani: U GRO Capital launches Narayani to encourage women entrepreneurs in India – The Economic Times
MUMBAI: On the occasion of International Women’s Day, U GRO Capital has launched an unsecured SME lending product, Narayani, exclusively for women entrepreneurs. Narayani offers
View: India needs legal framework for cryptocurrencies – The Economic Times
By Nehaa Chaudhuri & Anirudh Rastogi On March 4, the Supreme Court overturned the Reserve Bank of India’s (RBI) de facto ban on cryptocurrencies. In
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