To protect consumers interest, the Reserve Bank on Monday said that on peer-to-peer lending (P2P) platform the permissible exposure of a lender to all borrowers
Category: RBI–Banks
Increasing the efficacy of monetary policy | Business Standard Column
Another inflation data point has been released with the inflation rate climbing once again. And as expected, commentators are invoking the “stagflation” ghost. Meanwhile, the Reserve Bank of India
Fintech ushering a new era in financial services | Deccan Herald
“It is not the strongest of the species that survives; nor the most intelligent. It is the one that is most adaptable to change.” These
Rs 30 lakh net banking fraud: Will bank pay for loss? Supreme Court decides – The Financial Express
The Supreme Court has held a bank liable to pay Rs 25 lakh to a school, which had lost Rs 30 lakh to netbanking fraud
RBI told not to disclose sensitive bank reports under RTI for now – The Economic Times
The Supreme Court asked the Reserve Bank of India not to make public any inspection reports, risk assessment reports and financial inspection reports of banks,
RBI OMO: RBI brings in India’s version of ‘Operation Twist’ to lower yields – The Economic Times
By Swati Bhat MUMBAI: The Reserve Bank of India will conduct a simultaneous sale and purchase of bonds, it said on Thursday, in a move
Raghuram Rajan: Performance on MUDRA loans: PSBs vs. private banks–Economic Times
Former RBI Guv Rajan may have been the first to highlight this risks, but he is not the only one. In September 2018, former Reserve
PMC Bank: HDIL, its promoters have to repay loan to PMC Bank: HC – The Economic Times
The Bombay High Court on Thursday said the HDILNSE -4.23 % and its promoters Rakesh Wadhawan and Sarang Wadhawan will have to repay their loan to crisis-hit Punjab and Maharashtra Cooperative
RBI MPC minutes: Rising inflation, lack of rate transmission led to pause | Business Standard News
The perception of a sharp rise in inflationary expectation, with inadequate transmission of prior monetary policy changes, led to the unanimous decision for a pause in the
How EnKash helps SMEs, start-ups get interest free credit–Business Today
From debit cards, payment gateways, QR codes to even sound technology, the payment platforms for consumers have evolved over the last few years. But, business-to-business
What is Cash Reserve Ratio in India? CRR meaning, formula, RBI | The Financial Express
Cash Reserve Ratio (CRR) RBI meaning, CRR rate: The Cash Reserve Ratio in India is decided by RBI’s Monetary Policy Committee in the periodic Monetary and Credit Policy.
SBI under-reported bad loans by Rs 11,932 crore in FY19, says RBI report
The Reserve Bank of India has found that State Bank of India (SBI) has under-reported bad loans by Rs 11,932 crore during the financial year
Credit crisis is easing in India, but only for safest corporate borrowers | Business Standard News
India’s credit crisis appears to be winding down for the safest borrowers, but it’s hardly time to celebrate as weaker firms still struggle. Policy makers
Rajnish Kumar: Essar resolution likely to boost Q3 profit: SBI Chief – The Economic Times
State Bank of India chairman Rajnish Kumar expects profit in the third quarter to get a boost from the resolution of the Essar Steel insolvency case, which will give
MSMEs: MSMEs get only Rs 40 cr out of Rs 625 cr interest subsidy – The Economic Times
Small businesses have received a mere Rs 30-40 crore earmarked as 2% subsidy, a year after the government announced the scheme for micro, small and
Is there more room for rate cuts? RBI governor Shaktikanta Das has this to say – The Financial Express
India’s central bank Governor Shaktikanta Das said there’s more room for easing monetary policy, but a lot depends on how these actions are timed. “It’s
The uncertain times continue for banks | Business Standard Column
Speaking at the Hindustan Times Leadership Summit earlier this month, Prime Minister Narendra Modi declared the emergence of India’s banking sector from the crisis of the past,
Small business credit woes to end? Loans to MSMEs likely to more than double in these many years – The Financial Express
Credit and Finance for MSMEs: MSME loans are likely to more than double in five years growing at 15 per cent CAGR between FY19 and FY24,
Indian financial system in Darwinian mode, only fittest lenders survive: Uday Kotak – The Economic Times
Noted banker Uday Kotak on Tuesday said the country’s financial system is currently in a Darwinian mode as only the fittest lenders are able to survive. The
India starts round-the-clock payments for banks to manage funds – The Economic Times
By Anirban Nag India this week joined a select club of countries offering fund transfers around the clock, a move that will give banks more flexibility