Inflation forecasts by the central bank have gone awry only at time of low food inflation. In most other periods, forecasts have remained almost close to
Category: RBI–Banks
Huge gap in 12 NPA cases’ dues with liquidation value: IBBI – The Economic Times
The resolution of 12 large accounts were initiated by banks as directed by the Reserve Bank of India (RBI). The 12 large non-performing assets (NPAs
You can get compensation for delayed re-credit if account debited due to failed ATM transaction – The Economic Times
About 16,000 complaints, or 10 percent of all customer grievances at the banking ombudsman offices in FY18, were registered under the head ‘account debited but cash not
Rs 7 trillion of corporate papers downgraded since start of IL&FS fiasco | Business Standard News
Mutual funds (MFs) and other lenders with an exposure to debt papers are feeling the heat as nearly Rs 7.5 trillion worth of corporate papers
Bad debt at US banks rises on higher credit card losses – The Hindu BusinessLine
For the biggest US banks, not all consumer debt is created equal. Credit card losses are outpacing auto and home loans at a rate not
Uday Kotak: Uday Kotak on challenges in financial sector, liquidity stress, IL&FS and more – The Economic Times
On the challenges in the financial sector We’re in the midst of one of the most significant challenges in financial sector. The next few months
The Public Interest Lies in Disclosure–Economic Times
The Supreme Court has done right to direct the Reserve Bank of India (RBI) to disclose information on defaulters and annual inspection reports under the
Reserve Bank of India: RBI moves to tighten current account operating norms to check fund diversion
In a move to tackle fund diversion, the Reserve Bank of India (RBI) has proposed sterner rules on opening and running of current accounts of corporate borrowers. Current accounts, according
Show and tell – The Hindu BusinessLine
The Supreme Court has rightly pulled up the RBI for its non-transparent disclosure policy The Supreme Court recently gave the Reserve Bank of India a
RBI: View: Supervisory independence is as important as monetary policy independence for RBI – The Economic Times
RBI’s decisions are now being questioned with uncommon frequency. A mole in the Indian Banks’ Association (IBA) headquarters in Mumbai reports a sense of quiet
RBI should disclose the list of defaulters: Congress – The Economic Times
The Congress was referring to the RBI’s November 2016 Disclosure Policy. Latching on to the recent Supreme Court judgement giving the Reserve Bank of India
Should India open up the debt market? | Business Standard Column
On April 1, the bonds of the Chinese government and its three policy banks responsible for financing economic and trade development and state investment projects
RBI cracks the whip on auditors, wants them to keep eye on five key areas | Business Standard News
The Reserve Bank of India (RBI) has asked bank auditors to keep a close watch on five key parameters and is to reassign its senior
RBI vs RTI | Business Standard Column
For the Reserve Bank of India (RBI), the current month of April has not been very pleasant as far as its dealings with the Supreme
Card payments: 28% of consumer complaints to RBI are about digital and card payments–Economic Times
About 28% of the complaints filed by consumers with the Reserve Bank of India are in the space of digital transactions and card payments, according to data released
Amitabh Chaudhry: CEOs of Axis Bank, Standard Chartered face contempt plea–Economic Times
The Ministry of Corporate Affairs (MCA) has filed contempt applications against Axis BankNSE 2.56 % CEO Amitabh Chaudhry and Standard Chartered Bank India CEO Zarin Daruwala in the Mumbai bench of the National
RBI: Disclose defaulters list, NPAs of banks under RTI: SC gives final warning to RBI–Economic Times
SC directs RBI to disclose information on bank inspection report under RTI The Supreme Court rapped the RBI, directing it withdraw its 2016 policy on non-disclosure
Supreme Court vs RBI: Naming and shaming will curb wilful defaults, usher in transparency – The Financial Express
RBI: Supreme Court gives final warning to RBI to disclose information about NPAs, bank inspection reports. Bank NPAs: Supreme Court’s direction to the RBI to disclose its annual
Don’t blame banks for sticky loan rates – The Hindu BusinessLine
It is a fact that in a developing economy a lower interest rate regime drives up consumption and consequently triggers the investment cycle, contributing to
RBI: RBI may offer more time for bank-led resolution of NPAs – The Economic Times
The central bank is expected to retain the main contours of its February 12, 2018, circular. The RBI is likely to adopt a more accommodative approach towards