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
Category: RBI–Banks
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
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
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