Former Reserve Bank of India (RBI) governor Urjit Patel, who remained tight-lipped during his tenure, has come down heavily on the government and regulators. In
Category: RBI–Banks
Bank employees seek PM’s attention to pension demand – The Economic Times
IBA has pegged the cost of updating pension in PSBs at Rs 95,000 crore and said that banks, which have been under severe stress with
Calls for reduction of interest rate- here are pros and cons – The Financial Express
The best indicator of investment is the gross fixed capital formation (GFCF) rate, which is expressed as a percentage of GDP at current prices. With
Wilful defaults in India cross $21 billion in 2018-19 – The Financial Express
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults” in 2018-19, with the biggest lender State Bank of
RBI: Banks wary of rising hedging cost–Economic Times
A dozen large banks have alerted the Reserve Bank of India (RBI) about the spike in hedging cost of corporates as banks are unable to handle surplus dollarNSE
New credit scheme for small, medium enterprises to encourage job creation: Gadkari – The Economic Times
“The aim is to raise this target to 50 per cent of GDP and increase the number of people getting employment from SME sector,” Gadkari
Banks, insurers hold over ₹32,000 crore as unclaimed deposits – The Hindu BusinessLine
Over ₹32,000 crore is lying as unclaimed deposits with banks and insurance companies, the government informed the Lok Sabha on Monday. Any account not operated
Over half the SME universe in the red: Here’re the top losers since 2012 | Business Standard News
One in every two small and medium enterprises (SMEs) listed on the SME platform of exchanges since 2012 is trading in the red. On Thursday, the BSE
Finance Ministry tells state-run banks to shore up credit to MSMEs | Business Standard News
FinMin told banks to appoint GM-level officer to MSMEs The finance ministry has told the chief executives of all public sector banks (PSBs) to review
Indian banks have been under-reporting frauds: RBI – The Economic Times
RBI also said that as on December 31, 204 borrowers who had been reported as fraudulent by one or more banks were not classified fraud
What are NPAs? Here’s how bad loans can affect a bank’s finances – The Economic Times
A non-performing asset (NPA) is a banking industry term for a ‘bad loan’ – i.e. one that has not been repaid within the stipulated time,
Repairing NBFCs | Business Standard Editorials
Recently released data from the Finance Industry Development Council (FIDC) delineates the extent of the slowdown in the non-banking finance companies (NBFC). According to the
Take action against erring exporters but ensure protection to innocent: FIEO to govt – The Financial Express
The government should take strict action against erring exporters but should ensure that no innocent is taken to task, apex exporters body FIEO said Wednesday.
Stressed steel assets may see lower recovery rates in round 2 of resolutions – The Hindu BusinessLine
Even though recovery rates from stressed assets in the steel sector have been higher till now, the same is expected to dip in the next
RBI’s issues go Viral! Deputy Governor’s exit strengthens view that govt uneasy with dissent – The Financial Express
Various Indian governments have had, from time to time, top economists who have been educated abroad—indeed, many of Dr Manmohan Singh’s team when he was
Banks’ gross NPAs to shrink to 8% by March 2020 – The Financial Express
Gross NPAs within the banking system hit a peak of 11.5% in March 2018 and stood at 9.3% in March 2019. Reduction in fresh accretions
Energising the MSME ecosystem – OPINION – The Hindu BusinessLine
Reduced interest rates, lower collateral, and improved access to credit will give a boost to the sector India’s micro, small and medium enterprises (MSME) sector,
Stressed steel assets may see lower recovery rates in round 2 of resolutions – The Hindu BusinessLine
Even though recovery rates from stressed assets in the steel sector have been higher till now, the same is expected to dip in the next
Budget 2019: View: Budget must outline more banking reforms–Economic Times
The creation of a holding company for banks should come as a part of the Budget announcement. Recently, RBI Governor Shaktikanta Das rightly underscored the need for
RBI: UK Sinha panel on MSMEs submit report to RBI–Economic Times
The Reserve Bank has said the expert committee on the MSME sector, set up in January under the chairmanship of former chairman of Sebi UK Sinha, has
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