Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that
Category: RBI–Banks
GST e-invoicing to help MSMEs secure loans faster – The Financial Express
The IRP will also send the signed e-invoice to the recipient of the document on the email provided in the e-invoice. The proposed e-invoicing system
Transparency needed: RBI & EC’s concerns about the opaqueness of electoral bonds should be addressed–Times of India
The government opened up a controversial route for political funding in 2017, with the introduction of electoral bonds. Their genesis is back in the news,
Govt may announce UPA-style bailout of stressed NBFCs in Budget 2020 | Business Standard News
The proposals have been discussed at the highest level in the finance ministry and are likely to find mention in the Union Budget due in
Central govt wants Reserve Bank of India to buy out NBFCs’ bad loans–Deccan Chronicle
The central government wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country’s top 25 shadow
Electoral bonds: FinMin knew serial number could reveal donor’s identity | Business Standard News
The finance ministry was initially reluctant to put up serial numbers on electoral bonds, saying they had the potential to reveal the identity of the donors, but
The Mudra problem | Business Standard Editorials
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
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