On Tuesday, Reserve Bank of India Deputy Governor M K Jain highlighted a dangerous trend: The rising levels of bad debt in the small-scale loans being handed out under the government’s
Category: RBI–Banks
RBI: RBI red flags rising Mudra bad loans–Economic Times
Reserve Bank deputy governor MK Jain on Tuesday warned bankers about the growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore
Are Indian banks out of the woods? Yes, no and the answers in between | Business Standard News
The earnings season is over. As I write this piece, most banks have announced their September-quarter results. Many have surprised observers, surpassing analysts’ profit estimates.
Karvy crisis: Bankers raise concern with NSE and Sebi over exposure | Business Standard News
Banks and financial companies including ICICI Bank and HDFC Bank have met senior officials of the stock exchanges and raised concern over their exposure to Karvy’s companies, said two
Non-Performing Assets: Gross NPAs of SCBs decline by 98K cr by June: Govt – The Economic Times
The gross non-performing assets (NPAs) of scheduled commercial banks (SCBs) have declined by nearly Rs 98,000 crore to Rs 9.38 lakh crore by June-end this year, Minister
Nirmala Sitharaman: Assess core strengths before scaling up operations: Nirmala Sitharaman to banks – The Economic Times
Finance Minister Nirmala Sitharaman on Saturday said banks should assess their strength and weakness before planning to scale up of operations. “Institutions like banks should understand their core strengths
रिझर्व्ह बँकेने दिली कर्जबुडव्या कंपन्यांची यादी –महाराष्ट्र टाइम्स
रिझर्व्ह बँकेने देशातील ‘आघाडी’च्या सहेतुक कर्जबुडव्यांची यादी (विलफुल डिफॉल्टर्स) जाहीर केली आहे. माहितीच्या अधिकारात विचारण्यात आलेल्या प्रश्नाचे उत्तर देतान बँकेने तीस सहेतूक कर्जबुडव्यांची नावे जाहीर
RBI mulling new rules on corporate governance; wants banks to disclose more – The Economic Times
The Reserve Bank is looking at introducing new rules on corporate governance for banks in sync with global ones, and would also like lenders to disclose more,
Crisis as opportunity for the bond market–Economic Times
Overseas banks show appetite for bonds issued by troubled non-banking financial companies (NBFCs), which are now rated at less than investment grade. This piece of
Global bond market looks to Modi for greater access to India–The Print
Mumbai: International investors are calling on India to throw open the doors to its sovereign bond market with the promise of more capital to finance its
NPA norms may be tougher than Basel’s: RBI deputy governor N S Vishwanathan | Business Standard News
The Reserve Bank of India (RBI) is working on a corporate governance structure for banks in line with Basel norms, but the Indian version would likely be
Banks, RBI — You have to check fraud–Economic Times
Fraudsters are smarter than regulators and target companies, often banks. While fake security papers and bogus letters of credit are the mainstay of old-world dodgers,
PSBs report fraud of more than $13 billion in 6 months – The Economic Times
PSBs reported fraud worth 958 billion rupees ($13.3 billion) from April to end-September of this year, the country’s finance minister said on Tuesday, as the government
RBI affidavit details how it was ‘cheated’ by scam-hit PMC Bank – The Economic Times
In a detailed affidavit filed before the Bombay High Court on Tuesday, the Reserve Bank of India (RBI) has virtually admitted that it was ‘cheated’ by the
RBI has cut rates by 110 bps since April, but average lending rates goes up 8 bps: Report – The Economic Times
Despite the Reserve Bank making credit cheaper, lending rates are rising for borrowers after accounting for inflation and falling economic growth, a foreign brokerage said on Monday. The weighted average
PMC Bank crisis: Should you change your bank? Here’s how to evaluate – The Economic Times
In case of failed ATM withdrawals or fund transfers, too, banks have to adhere to RBI rules. The Punjab and Maharashtra Co-operative (PMC) Bank crisis,
For more vigorous bond market steps–Economic Times
The development of an active and liquid corporate bond market is crucial for transparent and efficient financing of business and industry, particularly infrastructure projects. India
SBI appoints collection agents for DHFL loan pools – The Financial Express
State Bank of India (SBI) has appointed collection agencies to collect repayments for retail pooled assets it bought from Dewan Housing Finance Corporation (DHFL) owing
Stressed assets: Banks may take cos to NCLT to avoid additional provisioning – The Financial Express
The recent verdict on Essar Steel via the NCLT route has given reason to bankers to take these cases to the NCLT. Banks are expected
MSME credit woes no more? Outstanding bank loans jump; small businesses borrowed this much last year – The Financial Express
Credit and Finance for MSMEs: The outstanding credit to the MSME sector by scheduled commercial banks for FY19 increased by 14.08 per cent from FY18. The
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