Chairman Rajnish Kumar on Saturday nudged the industry to enrich their borrowing capacity so as to boost investment in the economy, asserting there is no
Category: RBI–Banks
RBI launches new prepaid payment instrument for digital transactions – The Financial Express
The amount outstanding at any point of time in such PPIs should not exceed Rs 10,000, RBI said The Reserve Bank on Tuesday introduced a
Zilch: That’s what banks are likely to recover from 354 liquidation cases – The Economic Times
Banks are staring at nil to negligible recovery in ongoing 354 liquidation cases in 2020. Most stressed assets are sold at throw-away prices and are moving for liquidation
NBFCs: What Arvind Subramanian meant when he talked of India’s Four Balance Sheet challenge – The Economic Times
Arvind Subramanian discussed the twin balance sheet challenge in great detail in the Economic Survey of 2016-17. Arvind Subramanian, in his latest paper, argues that
Essar deal to expedite recoveries: Rajnish Kumar, SBI chairman – The Economic Times
State Bank of India is set to get about Rs 12,161 crore as the largest acquisition through the three-year-old Insolvency and Bankruptcy Code (IBC) is
Credit growth, NPA reduction to depend on pace of economic revival: RBI | Business Standard News
Indian banks are getting a better grip on their bad debt situation and non-banking financial companies (NBFC) are expected to regain their niche after a
RBI caps lending on P2P platforms at Rs 50 lakh | Deccan Herald
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
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