By Rumana Shaikh While there may be ample data on SMEs that do not make money, what should be done when that dull period actually strikes? This
Category: RBI–Banks
RBI: RBI panel suggests measures to boost MSMEs – The Economic Times
The RBI panel recommended setting up a distressed asset fund of Rs 5,000 crore to assist units in clusters. The Reserve Bank of India on
How to file complaints against banks and NBFCs on RBI website – The Economic Times
The RBI also plans to introduce a dedicated IVR System for tracking the status of complaints. The Reserve Bank of India (RBI) has introduced a
Bond market: Lift regulatory hurdles–Economic Times
Non-banking financial companies (NBFCs), with outstanding debts of over Rs 26 lakh crore, find it tough to access credit, and face liquidity problems, although some
The three Rs of public sector banking | Business Standard Column
In a recent conversation, Rajkiran Rai, managing director of Union Bank, has made an interesting remark. “When we started our career in 1980s, we were
Stressed a/cs: FinMin tells public sector banks to provide details of expected recoveries, provisions – The Hindu BusinessLine
The Finance Ministry has sought information from public sector banks (PSBs) on their expectation of recoveries and provisions held in respect of stressed accounts admitted
Govt must provide capital to banks on upfront basis: United Bank CEO – The Hindu BusinessLine
Says the NBFC crisis may snowball into a ‘serious problem’ if not handled properly Banks have to be cautious while lending to non-banking financial companies
RBI circular: FICCI for structural changes in RBI June 7 circular – The Economic Times
Federation of Indian Chambers of Commerce and Industry (FICCI) has suggested structural changes in revised stressed asset framework issued by the Reserve Bank of India on June
Let banks recover dues from personal assets of defaulters: Bank Unions request Finance Minister – The Economic Times
Fast-track courts shall have to be vested with more powers to recover bad loans and stringent laws should be enacted to ensure more recoveries, the
Over Rs 2.05 lakh cr frauds in 11 years: ICICI Bank, SBI and HDFC among top victims – The Economic Times
Some of the foreign banks operating in India also reported fraud cases worth crores during the last 11 fiscal years. Of over 50,000 frauds that
Creditors can expect 100 per cent recoveries under IBC – The Economic Times
The IBC has strengthened creditors’ rights and the credit market will continue expanding, he pointed out. Creditors can expect 100 per cent recoveries from their
Explained: India’s banking woes is because of poor people management – The Financial Express
By Ritesh Kumar Singh An aspect of Indian banking crisis that hasn’t gotten much attention is HR mismanagement in state-owned banks. Poor people management is
NPA crisis: Why RBI’s new framework on bad loans is interesting – The Financial Express
It is not quite sure as to how this will work out in the times to come. But the RBI has plugged this gap in
NPA crisis: RBI does well not to water down resolution norms – The Financial Express
RBI has also warned banks against ever-greening accounts While the new guidelines on stressed assets put out by the Reserve Bank of India (RBI) do
RBI’s norms to give more headroom to lenders to resolve big ticket NPAs: SBI Report – The Hindu BusinessLine
Reserve Bank’s new guidelines to deal with bad loans will provide lenders the headroom and flexibility for resolution of large ticket stressed asset cases under
Scheduled banks healthier now as gross NPA ratio dips in FY19 – NEWS – The Hindu BusinessLine
There was a significant improvement in asset quality of scheduled commercial banks (SCBs) in 2018-19 as the gross NPA ratio declined to 9.3 per cent
New NPA norms balanced, offer banks, borrowers a big breather – The Economic Times
Analysts at rating agency CrisilNSE 1.24 % and American brokerage BofA-ML Monday termed the new bad loan resolution framework issued over the weekend as “balanced” as it gives a
BoB puts accounts worth over Rs 9k cr on block as NCLT process gets delayed – The Economic Times
The bank, which has become the third largest lender after it amalgamated Vijaya Bank and Dena Bank with itself in April this year, has narrowed
RBI’s new bad loan norms incomplete–Economic Times
The Reserve Bank of India’s (RBI) replacement for the February 12 Circular, which the Supreme Court had struck down on technical grounds, does not really
Resolution reset – The Hindu BusinessLine
RBI’s revised debt management rules must be accompanied by systemic reforms The RBI’s Prudential Framework for Resolution of Stressed Assets, a diluted version of a
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