Companies have been lobbying to avoid that initial labelling as a defaulter. That wish has not been granted. The new Prudential Framework for Resoluton of
Category: RBI–Banks
RBI circular a welcome step; provides more freedom to bankers: Indian Banks’ Association – The Economic Times
The Reserve Bank’s new circular for resolution of stressed assets is propelled by provisioning requirements and gives more freedom to bankers in taking decisions, Indian Banks’
RBI revised framework offers some leeway to defaulters — check new rules – The Financial Express
Lenders must enter into an inter-creditor agreement (ICA) to to work on the resolution and also set out the rights and duties of majority lenders,
RBI issues revised norms to deal with stressed assets – The Hindu BusinessLine
Gives lenders 30 days to review an account in case of default Following the quashing of its ‘revised framework for resolution of stressed assets’ by
RBI lobs ball in banks’ court to deal with resolution – The Hindu BusinessLine
The much-awaited revised version of the contentious February 2018 circular, is a less stringent framework to deal with stressed assets. The new directive does away
RBI issues revised norms to deal with stressed assets – The Hindu BusinessLine
Gives lenders 30 days to review an account in case of default Following the quashing of its ‘revised framework for resolution of stressed assets’ by
RBI lobs the ball into government’s court–Economic Times
The Monetary Policy Committee has confined itself to the routine tinkering of rates, guided as it is by its mandate to contain inflation as measured
RBI votes for growth | Business Standard Editorials
The Reserve Bank of India’s (RBI’s) Monetary Policy Committee has done exactly what the doctor ordered: It reduced the benchmark repo rate by 25 basis
Lowering rates may not really lead to the push required for growth | Business Standard News
With the monetary policy committee (MPC) already indicating in the last two policies that inflation would not be the only factor that would drive the decision on interest rate
MPC acts on cue to revive the economy – The Hindu BusinessLine
Against the backdrop of NBFC crisis, the RBI’s rate cut and decision to review the liquidity framework are appropriate The Monetary Policy Committee of the
Beyond the policy rate cut – The Hindu BusinessLine
The RBI needs to ready a contingency plan to deal with the snowballing of the NBFC crisis With inflation staying below 3 per cent, economic
After RBI delivers, the big question: Will the banks yield, too? – The Hindu BusinessLine
Significant easing of liquidity is critical for better transmission The RBI delivered on expected lines and cut its policy repo rate by 25 bps. While the central
Debt market: Government needs to make debt market accountable and dependable–Economic Times
by Uma Shashikant One of the stories doing the rounds after the elections is about the end of entitlement. We are no longer willing to
Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI – The Financial Express
A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, RBI said. Over 6,800 cases of bank fraud involving
Bad loans: Is the NPA fire spreading? – The Financial Express
A 2% impairment rate for freshly sanctioned portfolio points to an aggravating situation in MSME loans. India’s NPA cycle appears relentless. In 2014, bad loans
Welcome thoughts on the bond market–Economic Times
The Securities and Exchange Board of India (Sebi) Working Group on revamping Foreign Portfolio Investment (FPI) norms has submitted its report, and this could prove
Lending to MSME sector to get a fillip – The Hindu BusinessLine
Public sector banks seem to be ceding ground to private sector banks and non-banking finance companies when it comes to lending to the micro, small
Banking reforms must be on the top of the new govt’s agenda – The Hindu BusinessLine
The new government must get down to the task of governance reforms at PSBs As a prolonged and acrimonious Lok Sabha campaign winds to a
NPA crisis: Why loans to MSME, real state, farmers may go bad – The Financial Express
Provisions rose 157% sequentially to `1,561 crore. Including a `3,000-crore exposure to IL&FS entities, the bank had `6,500 crore worth of bulky stressed exposures. The
CIC directs RBI to provide names of big loan defaulters – The Hindu BusinessLine
The Central Information Commission (CIC) has directed the Reserve Bank of India to disclose the list of big loan defaulters it had sent to banks
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