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
Category: RBI–Banks
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
Banks must flag bad loans as NPAs after 90-day default: RBI to NCLAT | Business Standard News
The Reserve Bank of India (RBI) on Tuesday told the National Company Law Appellate Tribunal (NCLAT) that banks had an obligation to mark bad loans as non-performing asset (NPA) after the
Bank of Baroda to hire consultancy firm to evaluate board performance – The Economic Times
The concept of Board evaluation in India is at a nascent stage. Sebi has studied the practices of board evaluation prevalent among listed entities in
RBI: RBI’s revised debt resolution rules likely post-election – The Economic Times
Highlights The Supreme Court on April 2 struck down a February 12, 2018 circular of the RBI. RBI is likely to adopt a more accommodative
Let’s find a new way to deal with bad loans | Business Standard Column
The Reserve Bank of India (RBI) will issue a revised circular on stressed assets resolution in the wake of the nation’s apex court striking down the contentious
RBI Governor says India’s economy needs to grow even faster – The Economic Times
“Our priority is to remain watchful and take coordinated action to revive growth, and maintain macroeconomic, financial and price stability,” Das said. India’s central bank
RBI rate cut: Who says rate moves need to be 25bps? Not RBI Guv Shaktikanta Das – The Economic Times
By Vrishti Beniwal Reserve Bank of India Governor Shaktikanta Das has an “out of the box” suggestion: central banks need to be more flexible on the size
RBI Feb 12 circular: Why IBA wants ‘one-day default’ rule scrapped – The Financial Express
By Mitali Salian Banks have suggested the ‘one-day default’ rule be done away with recommending instead they be given 30 days post a default to
RBI should not cut its policy interest rate any further, says IMF | Business Standard News
The Reserve Bank of India (RBI) should not cut its policy interest rate any further, the International Monetary Fund (IMF) has said. It should, instead, keep the
SBI and PAISALO to enable MSME segment with income generation loans – The Economic Times
PAISALO Digital Limited is a systemically important non-deposit taking NBFC registered with the Reserve Bank of India and has been in operations since 1992. With a vision of empowering the
RBI: RBI’s still the headmaster of the class of defaulters – The Economic Times
Of course, there are power companies that are beyond revival because of inherent flaws and unviable funding structures. So much has happened, but so little
Govt to study the impact of SC ruling on bad loans cases – The Financial Express
Srinivas said the relevant part of the RBI circular, which says that if the resolution does not take place within 180 days, banks have no
India’s crony capitalism claims another victim | Business Standard News
The verdict is a serious blow to the central bank’s officials, who have been trying to tackle one of the world’s worst bad debt problems
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