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
Category: RBI–Banks
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
Wrong targets: Rather than micromanage PSB lending, the Centre should set KPIs based on profitability and RoC – The Hindu BusinessLine
PSBs desperately need low-cost deposits to participate in improving credit offtake Its not surprising that the Government of India, having sunk over ₹3 lakh crore
ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil | Business Standard News
The gross non-performing assets of the Indian Banking systems may decline to Rs 9.1 trillion by March 2020 from Rs 9.4 trillion a year ago, on increased
Forensic audits business expected to boom as RBI prepares new norms | Business Standard News
The current annual fee-pool is estimated to range between Rs 600 and Rs 1,000 crore Mark Twain said “a banker is a fellow who lends
Private Equity funds ready war chest to help firms skip IBC route | Business Standard News
Private equity (PE) funds estimate that in the next 18-24 months, Indian conglomerates will require over $100 billion in equity infusion because they are already reeling
How the stressed asset problem snowballed into a tussle between RBI, govt | Business Standard News
Even as the banking sector was trying to come to terms with the various schemes introduced by the RBI to force them to recognize bad
Big Bank Theory: PSU banks merger must be followed by good governance – The Financial Express
By Himanshu Arora The government has unveiled a mega plan to merge 10 public sector banks (PSBs) into four, thereby reducing the number of state-owned
MSME sector: Former Karnataka Minister urges Modi to help MSME sector – The Economic Times
Former Karnataka Industries Minister RV Deshpande on Friday urged Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to help the MSME sector by relaxing the moratorium period for repayment of
MSMEs: In relief for MSMEs, not 1 will be declared NPA till Mar 2020 – The Economic Times
Public sector banks, along with select non-banking finance companies, will fan out across 400 districts to provide loans to farmers, retail borrowers and micro, small
Ahead of festive season, PSBs to go on lending spree – The Economic Times
In a bid to push credit before the festival season and revive growth, the government has asked state-run banks to hold open houses in 400 districts of
No stressed MSME loan to be declared NPA till March 2020: FM Niramala Sitharaman – The Economic Times
The government on Thursday asked banks not to declare any stressed loan account of MSMEs as NPA till March 2020 and work on recasting their
RBI announces new guidelines for ‘failed’ ATM transactions – The Economic Times
In a big boost for customers making e-commerce payments online, banks will now have to resolve failed debit card transactions within five days, and UPI
Open season for PSBs–Economic Times
In the coming months, the launch of consent-based data-sharing in Indian banking will unleash the true power of ‘open banking’. Open banking allows banking services
बैंक विलीनीकरणाचे वारे — अग्रलेख महाराष्ट्र टाइम्स
अर्थव्यवस्थेला आलेली मरगळ दूर करण्यासाठी केंद्र सरकारने सार्वजनिक क्षेत्रातील १० बँकांचे विलीनीकरण करून एक मोठे पाऊल उचलले आहे. अर्थमंत्री निर्मला सीतारामन यांनी केलेल्या घोषणेनुसार, यातून चार नव्या
Pump-priming via bank finance–Economic Times
The latest banking initiative announced by the finance minister amounts to an attempt to pump prime the economy using bank finance. Credit is to be
A special fund to finish NPA projects–Economic Times
It is welcome that the government keeps up the momentum of its efforts to shore up flagging growth, in a situation where sentiments matter at
Leave Lending Rates to Competition–Economic Times
Banks are supposed to link the lending rate on their floating-rate loans to retail and small and medium industry borrowers to an external benchmark, such
SBI profit falls below expectations, Kumar invokes the gods – The Economic Times
State Bank of IndiaNSE 10.09 % (SBI) swung to a profit from a year-ago loss but fell short of expectations, prompting chairman Rajnish Kumar to invoke
Debt Distress 2.0: Total stressed assets now exceed gross NPA peaks of 2018 – The Economic Times
The role of the RBI as well as the government will become key as the nature of India’s NPA problem has undergone a change over