The central board of the Reserve Bank of India (RBI) is expected to raise the deposit insurance limit from Rs 1 lakh to Rs 5 lakh. This
Category: RBI–Banks
Biggest drop in power demand makes Indian banks’ bad debt headache worse | Business Standard News
The biggest drop in India’s electricity demand in at least 12 years is hindering efforts of Indian lenders to recover a pile of loans to power producers
All you wanted to know about banking frauds | Business Standard Column
Many of us have seen different versions of a funny television ad promoting men’s deodorant brand Fogg. The settings of the ad vary from a
RBI turns down banks’ plea to relax June 7 circular on stressed assets | Business Standard News
With no resolution in sight for nearly Rs 3 trillion of stressed assets, banks seem to be reaching a dead end with respect to the
What should monetary policy do? | Business Standard Column
From the viewpoint of the accountability of the Reserve Bank of India (RBI) to Parliament and the public, it makes sense to focus on year-on-year
Tough call for RBI | Business Standard Column
Most available data points suggest that GDP growth slowed further during July-September 2019. The State Bank of India (SBI) says that out of 26 indicators
Banking with Google | Business Standard Editorials
Reports that Google intends to enter the consumer banking space through a partnership with Citibank did not cause any surprise, because many tech firms are looking at the consumer finance market.
Your bank deposits just got safer; PMC bank fallout prompts long-desired action on insurance limit – The Financial Express
Finance Minister Nirmala Sitharman on Friday said the government will bring legislations on raising insurance cover on bank deposits from the current Rs 1 lakh
Another auditor arrested in PMC Bank scam – The Economic Times
The Economic Offences Wing (EOW) of Mumbai Police has arrested an auditor in connection with the alleged Rs 4,355 crore scam at the Punjab & Maharashtra Cooperative (PMC) Bank,
Banks may be given incentive to extend loans in backward areas: RBI – The Financial Express
RBI Deputy Governor M K Jain on Wednesday made a case for incentivising banks to extend loans to poor in backward areas in a bid to
Non-Performing Assets: Are millennials spawning next wave of NPA piles for banks? – The Economic Times
While millennials, who have been driving credit demand by a large margin in the past two years, in what can potentially raise concerns for lenders, most
All NBFCs shouldn’t be painted with the same brush – The Economic Times
By Keki Mistry For more than a year, an overwhelming drive seems to be underway to label non-banking financial companies (NBFCs) as anathema to the
MoS Finance asks banks to ensure credit flow to MSMEs amid fund crunch | Business Standard News
Junior finance minister Anurag Thakur on Monday asked banks to ensure smooth flow of credit to MSMEs which are in genuine need of funds. It can be
Banks hire scores of oversight agencies to keep tabs on end-use of loans | Business Standard News
With increasing cases of fund diversions, banks have come together and empanelled as many as 83 oversight agencies to keep a tab on the end-use of loans,
Govt mulls special window for NBFCs under insolvency law after real estate booster–Business Today
The government is mulling a special window to address debt woes of stressed non-banking financial companies under the insolvency law, a senior official said on
Reality Check: RBI acts penny-wise-pound-foolish in dealing with NPA crisis–Business Today
In August, the multinational banking and financial services company Credit Suisse warned of a “second wave of NPAs” in India with the banking sector’s stressed
Reducing Opacity in Corporate Finance–Economic Times
New rules proposed by RBI for core investment companies (CICs) will make life easier for lenders and investors who often struggle to figure out the
Rescuing the financial sector | Business Standard Column
As I highlighted in my last piece, by 2007, the financials of the Indian banking system were robust again. The industry had a return on assets
Indian Economy: Record rate spread shows challenge to reviving India’s economy–Economic Times
By Jeanette Rodrigues The Reserve Bank of India is Asia’s most aggressive monetary authority in cutting interest rates. But lenders aren’t passing on the reductions
Risk Aversion: How failed bank loans have led to a credit crisis for India’s small biz – The Economic Times
Risk aversion is the new guiding principle in Indian banking today, reflecting the decline in credit growth numbers. Less than a year into his first
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