MUMBAI: Microfinance industry growth slowed to 24.22 per cent year-on-year in the third quarter of the current fiscal with total loan portfolio standing at Rs
Category: RBI–Banks
Reserve Bank of India: View: The problems with Shaktikanta Das’ ‘vision’ of financial sector’s future – The Economic Times
By Ateesh Tankha In a February 24 document, ‘Assessment of the Progress of Digitisation from Cash to Electronic’, the Reserve Bank of India (RBI) noted
RBI’s gradual shift from transparency to forbearance towards stressed sectors–Economic Times
Since 2008, RBI relaxed norms for restructured loans several times and allowed lower provisioning for select categories of loans. In November 2013, the then central
MSMEs get breather from choking loans; here’s govt’s plan to free them up from immediate repayment – The Financial Express
Nirmala Sitharaman on Wednesday said out of 5.53 lakh MSME accounts, 5.28 lakh loans have been restructured, ET Now tweeted. The Finance Minister in a
Payments problem | Business Standard Editorials
The National Payments Corporation of India (NPCI) last week revised bank interchange fees for the Unified Payments Interface (UPI) to zero for all domestic transactions
Slowing credit offtake one of the major challenges for banks: RBI Guv – The Economic Times
Reserve Bank Governor Shaktikanta Das on Monday said slowing credit growth is one of the major challenges that banks are facing currently. Loan growth in
Welcome review | Business Standard Editorials
The Reserve Bank of India (RBI) has started an internal review of the monetary policy framework and will hold a roundtable with experts later this
Bank of America expects RBI to build $550-billion forex reserves | Business Standard News
To maintain import cover at 20 per cent of GDP, India would need at least $535 billion of forex reserves. Bank of America (BofA) sees
Banks of future will be very different, says RBI governor Shaktikanta Das | Business Standard News
Banks of the future would be extremely different from now, and regulating the distinct segments of these banks would be a challenging task, Reserve Bank
RBI alone cannot contain inflation: C Rangarajan – The Economic Times
NEW DELHI: Former RBI governor C Rangarajan has said the Reserve Bank alone can not contain inflation as supply side shocks are needed to be managed by the government. In a
Target Financial Stability, not Prices–Economic Times
RBI governor Shaktikanta Das says the central bank is evaluating the experience of three and a half years of the working of the monetary policy
NBFCs, HFCs may get 1 year extension for restructuring loans: Report | Business Standard News
Financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs) may be next in line to be permitted extension of the date of commencement
Farm loan waivers add Rs 60,762 crore to state-run banks’ bad loans in Q3 – The Economic Times
MUMBAI: State-run banks are not out of the woods yet, as new stress has emerged in the agriculture, MSME, commercial vehicle, telecom and real estate sectors in the fiscal third quarter.
Efforts of banks under PCA framework are being monitored: RBI Governor – The Economic Times
Reserve Bank of India Governor Shaktikanta Das has said four banks under the Prompt Corrective Action (PCA) framework are taking efforts and they are being monitored. Currently,
PMO seeks specific details from FinMin on benefits of merging 10 PSBs | Business Standard News
The Prime Minister’s Office (PMO) has sought specific details from the finance ministry on the benefits of the proposed amalgamation of 10 state-owned banks, even
‘Despite decline in gross NPAs, impaired assets of banks at Rs. 16.88 lakh crore’ | Business News,The Indian Express
Total impaired assets of the banking sector have remained at Rs 16,88,600 crore, or 15.7 per cent of the total advances of banks, as of
View: Banking sector may meet telcos’ fate. Here’s how to avert it – The Economic Times
By Gaurav Gupta With the opening up of the Indian economy in the 1990s, free markets catapulted Indian GDP growth rates. Take telecom. The entry of multiple players
SME: HDFC Bank SME book doubles to Rs 1.48 lakh cr in under 3 years – The Economic Times
MUMBAI: Private sector lender HDFC Bank doubled its SME book to over Rs 1.48 lakh crore by December 2019 from Rs 74,000 crore in March 2017, cornering over 9
थेंबे थेंबे तळे साचे : P 2 P लेंडिंग आहे तरी काय |लोकसत्ता
तृप्ती राणे एक प्रकारे छोटय़ा कर्ज घेणाऱ्या आणि देणाऱ्यांचा हा बाजारमंच आहे. ज्यांचा व्यवहार एका त्रयस्थामार्फत सांभाळला जातो. अशा या ‘पी २ पी लेंडिंग’ हा
SC offers relief to ex-PNB MD: ‘Freezing of her assets by govt is without jurisdiction’ – The Financial Express
However, the apex court clarified that the judgment won’t have any effect on the CBI or SFIO investigations in the case. The Supreme Court has
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