Recapitalisation of public sector banks (PSBs), the ongoing improvement in their financials, and resolution of stressed assets under the Insolvency and Bankruptcy Code are expected
Category: RBI–Banks
RBI should introspect if it was responsible for slowdown of India’s economic growth: Piyush Goyal – The Economic Times
India’s railways and coal minister Piyush Goyal said the country’s central bank should review its policies and “introspect” to check if they contributed to the slowdown of
SC quashing Reserve Bank circular not to dilute the insolvency law, says government official – The Economic Times
The Supreme Court’s decision to quash the RBI circular on referring defaulting companies for insolvency proceedings does not in any manner dilute the Insolvency and Bankruptcy Code
Tackle Rigidities in Credit Markets–Economic Times
The central bank has chosen not to throw any surprise, cutting the repo rate by 25 basis points, and maintaining a neutral policy stance. However,
MSME: Overall credit growth not broad-based, to MSMEs it’s muted: Shaktikanta Das–Economic Times
Even though the headline credit demand is growing at a healthy 14 percent, Reserve Bank governor Shaktikanta Das Thursday said it is not broad-based while those to MSMEs have
CEA Subramanian on Feb 12 circular: Govt, RBI can fix issue; don’t think IBC needs changes – The Financial Express
Even as Supreme Court struck down RBI’s February 12 circular, Chief Economic Advisor (CEA) Krishnamurthy Subramanian said that the issue can be fixed as RBI and
A cut to grow | Business Standard Editorials
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has delivered its second consecutive rate cut of 25 basis points each. The broad message in the
RBI policy: Low inflation and growth are the two key messages from RBI | Business Standard News
The first credit policy for the year is significant not so much for the expected rate cut but the modest assumption on growth in the coming year.
A rate cut for the second consecutive time was on expected lines – The Hindu BusinessLine
With a new Governor at the helm of the Reserve Bank, it was only to be expected that the six-member Monetary Policy Committee would veer
MSME sector: Current NPA norms are absurd, highly counterproductive: Animesh Saxena, FISME President – The Economic Times
Exporters find it very difficult to enter into forward contracts due to prevailing uncertainty over the fate of MEIS scheme. Employing 40% of country’s workforce,
RBI’s challenges | Business Standard Editorials
The main takeaway from the last monetary policy review of the Reserve Bank of India in February was a growing realignment between the financial stability concerns of the central
Junk Route to Active Corporate Bond Market–Economic Times
The lack of guidelines for investment in lower-rated bonds continues to hamper corporate bond market development in India. Sebi’s recent circular, however, has streamlined valuation
Beyond accounting | Business Standard Editorials
The Reserve Bank of India (RBI) has decided to defer the implementation of the Indian Accounting Standards (Ind-AS) for banks for the second year running
RBI: Still unaccountable and above law? | Business Standard Column
Does the Reserve Bank of India (RBI) understand the Right to Information Act (RTI) far better than the central information commissioners, judges of high courts, and even those of
Banks face higher provisions on resolution delays to big-ticket NCLT cases | Business Standard News
Four big-ticket National Company Law Tribunal (NCLT) cases — Essar Steel, Bhushan Power and Steel, Jaypee Infratech, and Alok Industries — will see their resolution
A new tool in apex bank’s repertoire–Economic Times
The RBI’s successful rupee-dollar swap pilot is likely to entrench this as a liquidity management tool in the central bank’s repertoire. The swap represents proactive
bad loans: How bad loan mess is hurting lesser-rated borrowers as well as banks – The Economic Times
Bankers acknowledge that the pivot toward better credit profile could leave some companies behind. Best of the Breed: That’s the central hiring mandate to HR
Rupee strengthens. Should RBI worry? – The Hindu BusinessLine
Cometh the hour, cometh the idea. This phrase is apt for the latest USD-INR swap auction conducted by the Reserve Bank of India. The runaway
RBI throws open rupee interest rate derivatives market to non-residents – The Hindu BusinessLine
The RBI, on Wednesday, said non-residents can undertake transactions in the rupee interest rate derivatives markets to hedge an exposure to rupee interest rate risk
NPA: Bitter NPA pill for Renuka Sugars’ lenders–Economic Times
According to RBI’s February 12 circular, credit facilities of borrowing entities may be upgraded as ‘standard’ (from NPA) after a change in ownership is implemented.