As everyone cheered the 35-basis point repo rate cut in last week’s monetary policy meeting, were you wondering why such cuts never seem to trickle
Category: RBI–Banks
Credit demand in the economy is still pretty okay, says CEA Subramanian – The Economic Times
n the long run, the fundamentals remain unchanged and therefore we will be back to the growth rate that we deserve to be at, in
Guarding the financial system | Business Standard Editorials
Reserve Bank of India (RBI) Governor Shaktikanta Das is reported to have been questioned by the central bank’s board members about frauds in the banking system.
The unsafe vaults: With the financial system hit by defaults, is it time to resurrect an old law? – The Economic Times
In the last 5 years, over Rs 3 lakh crore was infused in several loss making PSU banks with the government getting negative returns even
India Bank frauds: RBI governor faces board queries on financial frauds–Economic Times
Reserve Bank of India (RBI) governor Shaktikanta Das came under pressure at the bank’s board meeting last week, with two external directors questioning how a string of
Slowing credit growth puts economic revival hopes on shaky ground | Business Standard News
Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of India (RBI) data shows, as slowing domestic consumption
Perils of loan waivers | Business Standard Editorials
Political parties are once again busy wooing farmers ahead of the upcoming Assembly elections. The Congress, for instance, has promised farm loan waivers in both Haryana and
Lending to small units fell in Q1, says MSME report – The Hindu BusinessLine
Credit risk is building in auto MSMEs, says Pulse report There was a marked slowdown in commercial credit growth in the quarter ending June 2019
RBI stops printing Rs 2,000 denomination notes – The Hindu BusinessLine
The move to discontinue the Rs 2,000 note comes even as the National Investigation Agency (NIA) found fake currency notes in circulation. Reserve Bank of
Banks may press for commitment fees on unutilised credit limits from large, mid-sized corporates – The Hindu BusinessLine
Banks are likely to press for commitment fees on unutilised credit limits from large and mid-sized corporates as they are utilising only about a third
SBI chief to ED/CBI:Keep off companies under IBC, go after promoters – The Economic Times
State Bank chairman Rajnish Kumar on Tuesday said the Enforcement Directorate and other central law enforcement agencies should restrict to attaching personal assets while investigating
How to fix the PMC Bank crisis | Business Standard Column
Three weeks ago, Punjab & Maharashtra Cooperative Bank (PMC Bank) suddenly collapsed. It has Rs 11,500 crore in deposits from more than 300,000 people and
Sound thoughts on mortgage securitisation–Economic Times
A recent expert committee report of the Reserve Bank of India (RBI) has, rightly, called for prompt development of securitisation of housing loans for overall
Why India’s financial system keeps lurching from one crisis to another–Times of India
India’s financial system has been a mess for a while. There have been multiple quick fixes and recapitalization of fragile public sector banks, but problems
PSB Bank loans: State-run banks disburse Rs 81,700 crore through ‘loan melas’-Economic Times
The demand in the camps was robust and the secretary said that all the PSBs are maintaining their regulatory capital levels. State-run banks disbursed Rs 81,781
PMC scam: Insure all bank deposits; Deepak Parekh right to flag this issue – The Financial Express
HDFC chairman Deepak Parekh has done well to draw the government’s attention to how “brutally unfair” it is that while tens of thousands of crore
Bank Penalty: Bank to pay you Rs 100 per day penalty for delay in transaction beyond these limits–Economic Times
These RBI guidelines tell you the maximum time a bank can take to credit your money back in your bank account before the penalties kick
RBI exercising forbearance on MSME lending as small business loans are in trouble, says Raghuram Rajan – The Financial Express
According to a report by CIBIL, the outstanding MSME credit went up to Rs 25.2 lakh crore at the end of 2018 up from Rs
We need to improve the tight credit situation: NITI-Aayog VC – The Hindu BusinessLine
Low credit-to-GDP ratio, perhaps, implies the banking sector is unable to meet the economy’s credit needs: Rajiv Kumar “Talk of recession is completely misplaced,” Rajiv
RBI’s decision in the LVB-Indiabulls merger case is prudent – The Hindu BusinessLine
But the regulator owes markets an explanation After pondering over the merger proposal between Indiabulls Housing Finance and Lakshmi Vilas Bank for a good six
aniltikotekar4sme.com 