In its base case, S&P expects that the resolution of weak finance companies will be “swift and orderly”, and contagion will be managed. The Indian
Category: RBI–Banks
M&A deals set to surge further as founders face cash squeeze, says Axis Capital – The Hindu BusinessLine
The financing squeeze has already taken a toll on the country’s economic expansion, which in turn erodes borrowers’ capability to repay further Deal volumes in
For a private market in deposit insurance – The Hindu BusinessLine
Depositors’ claims can be settled faster if the DICGC acted only as a re-insurer and private/public sector players offer protection It is nearly four weeks
Banks NPA Sales: Resolution delay forces banks to put NPAs on sale–Economic Times
Banks have been forced to put nonperforming assets (NPAs) worth Rs 40,000 crore up for sale in sectors such as power, roadways and telecom in
Government to soon change definition of MSMEs: Nitin Gadkari – The Economic Times
The government will soon make changes to the definition of a micro, small and medium enterprise, Union Minister Nitin Gadkari said on Tuesday and hoped to generate
RBI: RBI bans use of agents to chase loans – The Economic Times
The dos and don’ts, according to a source, may be linked to the norms followed by the 39-member club of Financial Action Task Force. Banks will
Banks need to rapidly reinvent to strengthen profitability, boost returns: Report – The Economic Times
At a time when growth is slowing, productivity gains are fading and digital pressures are on the rise, the banking sector should consider a suite
Mutual fund securitisation deals: Mutual funds object to securitisation deals by DHFL–Economic Times
Negotiations on the Dewan Housing Finance Corp. Ltd (DHFL) debt resolution plan seem to have hit a roadblock. Mutual funds have objected to securitisation deals undertaken by DHFLNSE
SBI to conduct e-auction of 11 accounts to recover dues of Rs 467 crore – The Economic Times
The State Bank of India (SBI) will conduct an e-auction of 11 bad loan accounts on November 7 to recover dues of Rs 466.49 crore. In terms
How to defuse the co-operative bomb | Business Standard Column
The government is ready to bring in changes in the laws governing multi-state co-operative banks. A three-member committee is being set up to look into
DHFL exposure: RBI rejects banks’ ‘Trust’ proposal – The Economic Times
There is an impasse over the resolution plan for the mortgage lender as several mutual funds are refusing to sign the intercreditor agreement. The Reserve Bank
Bad loan crisis: View: Grab what you can in India’s bad loan melee–Economic Times
By Andy Mukherjee Snatch-and-grab is the new hallmark of Indian finance. As a banker friend in Mumbai put it to me only half-jokingly, a unit
India Economy | The Sitharaghuraman show: Dear FM, economy needs corrective action, not blame game–Economic Times
By Mythili Bhusnurmath Former RBI governor Raghuram Rajan has a rare knack for wading into controversy, whether in office or out of it. Appointed by the UPA government, he
pmc fraud: Rs 10.5 crore cash missing from PMC records: Bank’s internal investigation team – The Economic Times
PMC Bank‘s internal investigation team has made a startling revelation: A total of Rs 10.5 crore cash is missing from the bank’s records. The team has found
Regulator, auditor should be held responsible for frauds in banks, says MoS Finance Anurag Thakur – The Financial Express
The regulator, auditor and management should be held responsible for fraud in Punjab and Maharashtra Co-operative Bank or other banks, Minister of State for Finance
Is deposit insurance working as it should? – The Hindu BusinessLine
Bank depositors often have to endure long waits in limbo before they are able to get their hands on the insurance money The Indian saver’s
All you wanted to know about repo-linked deposit and lending rates – The Hindu BusinessLine
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
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
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