The Reserve Bank of India has ordered major primary urban cooperative banks (UCBs) to report credit information on all borrowers that have aggregate exposures of
Category: RBI–Banks
Time running out for PSBs | Business Standard Editorials
The Indian banking sector is showing signs of a turnaround after many years. The latest “Report on Trend and Progress of Banking in India 2018-19”, released this week
India’s bad loans highest among emerging markets: RBI | Deccan Herald
Indian lenders have the highest percentage of bad loans compared with 10 emerging economies including Brazil, China, Indonesia, Philippines and Turkey, according to and RBI
RBI warns banks over focus on retail loans – The Economic Times
The Reserve Bank of India (RBI) has red-flagged banks’ reliance of retail loans over slowing economic activity and negative consumer sentiment. The banking regulator called for a granular lending strategy
Seven Things To Fix The Economy-Ajay Chhibber – BW Businessworld
The financial year 2019-20 will go down as a terrible year in India’s economic trajectory. The drop in India’s growth was so swift, so widespread
Gross NPA ratio improves to 9.1 as of Sept end: RBI | Deccan Herald
As the bad loan recognition process nears completion, the health of the banking system has improved with the gross non-performing loan ratio remaining stable at
Total frauds at banks rise 74 pc in 2018-19: RBI | Deccan Herald
Banks reported a total fraud of Rs 71,543 crore in 2018-19, a 74 per cent increase as against Rs 41,167 crore in the previous financial
RBI may face major dilemma if inflation continues upward climb: IMF–India Today
HIGHLIGHTS The International Monetary Fund (IMF) has highlighted another dilemma the Reserve Bank of India (RBI) could face if inflation continues upward climb in future.
Not all is gloomy! SBI chairman nudges industry to borrow and invest in economy–India Today
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
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