The Delhi High Court on Friday decided to examine the allegations, in a PIL by an NGO, of financial irregularities, siphoning of funds and other violations against
Category: RBI–Banks
Delhi police slap FIR on Singh brothers over ₹723-cr loan from LVB – The Hindu BusinessLine
A ₹723-crore loan by Laxmi Vilas Bank (LVB) to the brothers Shivinder and Malvinder Singh, the erstwhile promoters of Ranbaxy and Fortis Group, is now
NSDL Payments Bank set to start operations – The Hindu BusinessLine
NSDL Payments Bank Ltd (NPBL), the wholly-owned subsidiary of National Securities Depository Ltd (NSDL), is expecting to start its commercial operations shortly. NSDL was one
Economy will bounce back in second half with festival season: Nirmala Sitharaman – The Hindu BusinessLine
Says there’s no liquidity concern among private banks, NBFCs Asserting that consumption is happening and demand will come back, Finance Minister Nirmala Sitharaman on Thursday
PMC Bank chairman Waryam Singh’s connection with HDIL runs deep | Business Standard News
S Waryam Singh, chairman of Punjab & Maharashtra Co-operative Bank (PMC Bank), held 1.91 per cent in real estate company Housing Development & Infrastructure (HDIL)
Loan melas: A blast from the past – The Hindu BusinessLine
The Centre’s direction on shamiana-like forums to disburse loans is reminscent of the past. But can banks handle the burden? Being a public sector banker
Regulate cooperative banks like other banks–Economic Times
The Reserve Bank of India’s (RBI) move to impose curbs on lending and withdrawals in Punjab and Maharashtra Cooperative Bank reportedly due to under-reporting of
Strengthen cooperative banks | Business Standard Editorials
The Reserve Bank of India (RBI) on Tuesday placed the Punjab and Maharashtra Co-operative Bank (PMC) under “directions”. Consequently, cash withdrawals have been capped at
Govt funding for MSMEs: Nitin Gadkari promises 10% contribution for raising equity in capital market – The Financial Express–
Credit and Finance for MSMEs: In the latest move to boost MSME sector in India, the Central govt is mulling contributing 10% of funds to the
As NPA resolution crawls, banks stare at spike in credit cost – The Economic Times
With slower pace of resolution of bad loans, banks are staring at a spike in their credit cost, which is set to rise in the range of
ई-पेमेंट फेल: रिफंड येईपर्यंत बँक भरणार दंड – १०० दररोज —महाराष्ट्र टाइम्स
जर तुमचं ऑनलाइन ट्रान्झॅक्शन काही कारणास्तव अयशस्वी झाले आणि एक दिवसाच्या आत ते पैसै तुम्हाला परत मिळाले नाहीत तर दरदिवशी १०० रुपये मिळणार. रिझर्व्ह बँक
***Now MSMEs can get loans from SBI with interest rate linked to RBI’s repo rate – The Financial Express–
Credit and Finance for MSMEs: Following the Reserve Bank of India’s (RBI) decision earlier this month asking banks to link new floating-rate loans to retail and
Merger of public sector banks: Has governance been given short shrift? | Business Standard News
The word “merger” was used only once in the recommendations by the committee headed by P J Nayak that reviewed the governance of boards of
Explained: India’s GDP at a 6 year low and bank mergers | The Indian Express
Explained: India’s GDP at a 6 year low and bank mergers Weak manufacturing and consumption numbers dragged the country’s GDP growth to a six year
NPAs may dip a tad to ₹9-lakh cr by FY20-end: Report – The Hindu BusinessLine
Gross bad loans of banks are expected to come down marginally to ₹9.1-lakh crore by the end of the current financial year, according to a
***Poor recoveries under IBC can derail Centre’s ₹70,000-cr recap plan – The Hindu BusinessLine
Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000
After a turbulent year, is the worst over for banks? – PORTFOLIO – The Hindu BusinessLine
While earnings appear to have improved in the June quarter, stress persists in the books At first glance, aggregate earnings of banks in the latest
Caution pays: The RBI should learn from the mistakes of other central banks – The Hindu BusinessLine
It will do well to continue with orthodox monetary policies The policy moves of the global central bankers over the last two weeks highlight the
The rules for credit rating agencies need to be overhauled – The Hindu BusinessLine
One step could be to make the investor pay for the rating by deducting the fee from the issue proceeds Along with the news about
Jump in bank frauds: Risk control systems need urgent strengthening – The Hindu BusinessLine
Rather than attempt piecemeal fixes to individual cases, the RBI must undertake system-level interventions to improve risk management at PSBs More than a year after
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