Mumbai: Call it the PMC effect. Reserve Bank is working towards capping exposure limits for UCBs for a single borrower/party and a group of connected
Category: RBI–Banks
MSME sector poised for mega transformation in 2020 | Business Standard News
MESME sector is in an urgent need of major reforms and policy interventions. India’s MSME sector is poised for a mega transformation in 2020, with
India needs very serious reforms:– IMF’s Gita Gopinath | Deccan Herald
“There is a combination of both measures that are being undertaken. So, if you look at the corporate tax cut, you could look at it
RBI to flag bad loan issues with Finance Ministry in pre-Budget meet | Business Standard News
The Reserve Bank of India (RBI) and the finance ministry will discuss the additional provisioning banks may be expected to make on account of the
Indian banking: Challenges in the new decade | Business Standard Column
Today, the Reserve Bank of India (RBI) will conduct the second phase of Operation Twist by simultaneous buying and selling of government securities. It will
NBFC slowdown due to low demand and lack of market funding, says RBI | Business Standard News
The slowdown in the non-banking financial companies (NBFCs) is mainly due to lower demand in the economy and non-availability of market funding, a recent analysis
Top 50 corporates reduced debt by Rs 59,600 crore in H1 FY20 – The Financial Express
ccording to Icra Report the year-on-year growth in bank credit is expected to decelerate sharply to 6.5-7 per cent in FY20 from 13.3 per cent
HFCs’ share in realty loans doubles since 2016: RBI – The Financial Express
Home financiers have collectively lent around Rs 47,900 crore to builders as of June 2019 up from Rs 12,770 crore in June 2016. The loss
eBkray: Sitharaman launches e-platform for sale of assets attached by PSU banks – The Financial Express
Apart from top finance ministry officials and bankers, the meeting chaired by Sitharaman was also attended by CBI director RK Shukla and two joint directors
Reviving consumption and investment critical challenge: RBI – The Financial Express
The report said that while chasing yields, investors were betting on negative yielding bonds for capital gains, for which yields need to go down further.
Housing Finance Companies’ share in realty loans doubles since 2016: RBI – The Economic Times
Home financiers have collectively lent around Rs 47,900 crore to builders as of June 2019 up from Rs 12,770 crore in June 2016. But, their
The message to banks – editorials – Hindustan Times
The finance minister Nirmala Sitharaman’s statement builds on Prime Minister Narendra Modi’s assurance at the Hindustan Times Leadership Summit earlier this month, when he exhorted
RBI proposes using equity price movements to signal corporate stress | Business Standard News
The Reserve Bank of India (RBI) has proposed using the movement in equity prices as part of a larger mechanism that can serve to give
Bankers’ prudent decisions will be protected: FM | Deccan Herald
Assuring that honest commercial decisions taken by bankers will be protected, Finance Minister Nirmala Sitharaman on Saturday said the government has decided to take measures
Nirmala Sitharaman tells banks not to worry 3Cs; NCLT helps PSU banks recover this much amount – The Financial Express
Finance Minister Nirmala Sitharaman once again on Saturday said the bank officials that they need not worry against any ”undue harassment” from agencies. The Finance
PSU bank NPA: Financial stress worsens; Here’s what RBI estimates – The Financial Express
Even before the Reserve Bank of India (RBI) highlighted the rising stress on banks’ books in H1FY20, it had been evident that the non-performing assets
Bank deposit cover set for increase – The Hindu
DICGC proposes raising cover from the current ₹1 lakh to ₹3 lakh-₹5 lakh Following the recent incidence of fraud at the Punjab and Maharashtra Cooperative
The NPA situation: present perfect, but future tense – The Hindu
The NPA ratio for all commercial banks declined in FY19, but stressed assets inched up. Moreover, the NPA ratio of Indian banks is the poorest
Bank frauds rise to record Rs 1.13 lakh cr in H1 FY20 – The Economic Times
Frauds reported by banks during the first half of the current fiscal touched an all-time high amount of Rs 1.13 lakh crore, owing to delay
indian banks: Banks still not out of the woods; RBI sees bad loans rising in 2020 – The Economic Times
The report said state-run banks’ GNPA ratios may increase to 13.2 per cent by September 2020 from 12.7 per cent in September 2019. Mumbai: The