by Neelkanth Mishra India, the world’s fastest growing large economy, is slowing: There has been a visible deceleration in activity in the past six months.
Category: RBI–Banks
SME: Financial practices every SME owner should adopt at the beginning of the new fiscal year
By Siddharth Mahanot Whether it’s a listed company or a startup, running a business on your own, while bringing its own set of excitement, can
Loans to MSMEs grew 21% y-o-y in Q3FY19: Study – The Financial Express
Most of the growth in Q3FY19 came from private banks and NBFCs, with their market shares in MSME loans rising 400 bps and 300 bps
30-day grace period will hurt repayment discipline – The Financial Express
The current guidelines require banks to recognise stress immediately and act quickly. Given how more than half the companies that have been processed under the
Why Arvind Panagariya bats for privatisation for PSU banks – The Financial Express
The veteran economist emphasised that the government can promote social goals without having ownership in the banks In view of rising non-performing assets (NPAs), India
RBI may tweak Feb 12 circular on stressed assets to 30-day grace period | Business Standard News
The Reserve Bank of India (RBI) is likely to replace the controversial one-day default norm and give a grace period of 30 days to identify the early
[RBI Circular] Issued (not) in the public interest | The Indian Express
The pace at which the long-accumulated corporate defaults were getting resolved through the mechanism established under the Insolvency and Bankruptcy Code (IBC) 2016 was too
How will RBI walk the tightrope on legal issues concerning stressed assets? | Business Standard News
Following the Supreme Court’s order striking down the RBI circular on stressed assets, the spotlight expectedly is now on the banking regulator. Both the government and the RBI have said that
The bird’s eye view in finance | Business Standard Column
We are seeing difficulties in banks, mutual funds, non-banking financial companies (NBFCs), the bond market, and real estate. There are interconnections between these difficulties: The components are
Lenders invoke IBC norms to keep stressed assets in NCLT – The Economic Times
Lenders will cite one day default clause under Insolvency and Bankruptcy Code (IBC) to defend their action against erring promoters taken to insolvency under the
All is well with Modi’s Mudra loans; NPAs within RBI limits, says finance ministry official – The Financial Express
The non-performing assets (NPAs) under Modi government’s flagship scheme Pradhan Mantri Mudra Yojana (PMMY) for promoting small businesses are within the Reserve Bank of India’s permissible
Bankers hope for less pain as RBI readies new stressed-asset norms – The Hindu BusinessLine
Bankers are hoping the Reserve Bank of India (RBI) will be somewhat liberal when it brings out a fresh circular on the resolution of stressed
Modi promises ₹50-lakh loan without collateral, welfare board for traders – The Hindu BusinessLine
Prime Minister Narendra Modi on Friday promised traders ₹50-lakh loan without any collateral, credit card facility and a pension scheme for small shopkeepers as he
RBI minutes: MPC members divided over interest rate cuts, RBI minutes show – The Economic Times
Weakening of domestic growth impulses and global slowdown prompted RBI Governor Shaktikanta Das to vote for a 25 basis points cut in interest rate announced earlier this
RBI Monetary policy: RBI inflation goals need to be reviewed: PM’s adviser–Economic Times
By Archana Chaudhary India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate
When you are done with elections, review how RBI sets inflation target, says Modi’s economic advisor – The Financial Express
India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate target to use
RBI governor cites weak investment demand as reason for 25bps rate cut – The Financial Express
With the inflation outlook looking benign and headline inflation expected to remain below target in the current year, it becomes necessary to address the challenges
RBI–Rate or stance? | Business Standard Editorials
Reserve Bank of India (RBI) Governor Shaktikanta Das stoked a debate last week when he urged central banks across the world to think “out of
Banks must reflect IL&FS NPAs, RBI tells NCLAT – The Economic Times
The RBI has moved the NCLAT seeking modification of its order that restrained banks from declaring accounts of IL&FS and its group companies as NPAs.
Aye Finance: Aye Finance launches its not for profit company for advancement of micro enterprises–Economic Times
After successfully enabling the financial inclusion of over 1,00,000 micro enterprises, Aye Finance is launching its not for profit Company FAME (Foundation for Advancement of Micro Enterprises), under which