Government’s latest capital infusion of Rs 48,239 crore in PSU banks announced on 21 February 2019 may not be sufficient to support significantly stronger lending
Category: RBI–Banks
Money pours back in: Rs 1.8 lakh crore NPA recovery expected in FY19 as big cases head towards closure – The Financial Express
According to estimates, the IBC has helped address stressed assets worth approximately Rs 3 lakh crore — directly or indirectly — since the new law
No NPA tag for IL&FS accounts without our nod, says NCLAT – The Hindu BusinessLine
No bank or financial institution can declare the accounts of debt-ridden IL&FS and its group companies as non-performing assets without the NCLAT’s permission, the appellate
Banks may set repo rate as benchmark – The Hindu
New loan pricing regime from April 1 Most commercial banks in India are likely to select RBI’s repo rate as the external benchmark to decide
Into a black hole – The Hindu BusinessLine
Pumping taxpayers’ funds into public sector banks needs to be reviewed The Centre is making the same mistake year after year by pumping in taxpayers’
India has the second worst NPA ratio among large economies–The Print
The International Monetary Fund (IMF)’s new data doesn’t show Indian banking in the best light, or company. Based on new data collated by the IMF,
NBFC: Reserve Bank of India seeks info from NBFCs on moratorium given to borrowers–Economic Times
Amid a controversy on loans against shares, the Reserve Bank of India has asked non-banking finance companies (NBFCs) to disclose the moratorium or grace period given to borrowers. Besides
Tackling corruption: Banks to use algorithm to decide your loan application – The Financial Express
Saddled with rising bad loans, the public sector banks are going to use technology in a big way to reduce the discretion of bank officers
More bank reforms needed to support economic growth: NITI Aayog chief – The Hindu BusinessLine
NITI Aayog Vice-Chairman Rajiv Kumar has pushed for further banking reforms, including spelling out a “glide path” for bringing down the country’s bank capital adequacy
RBI minutes: Feb rate review minutes reflect RBI worry over growth slowdown – The Economic Times
In a major policy shift, the six-member MPC headed by Governor Shaktikanta Das on February 7 had lowered the repo rate by 25 basis points
Interim relief | Business Standard Editorials
In its latest board meeting on Monday, the Reserve Bank of India (RBI) decided to transfer an interim dividend of Rs 28,000 crore to the government in
Giriraj Singh: When a Union Minister could not get banks to lend to small businesses – The Economic Times
Citing how it has always been difficult for people in SMEs to amass funds, Giriraj Singh urged bankers to align themselves with the needs of
Weak signals: For rate cuts to be effective, improving monetary policy transmission is essential–Times of India
Reserve Bank of India governor Shaktikanta Das is expected to meet bankers this month to talk about issues which impede quick transmission of monetary policy
Interim bailout: RBI surplus to govt – The Hindu
The decision of the central board of the Reserve Bank of India to transfer an interim surplus of ₹28,000 crore to the Centre should come as a
CIC pulls up RBI for non-disclosure of demonetisation records – The Economic Times
The petitioner told Information Commissioner Suresh Chandra that the information is not exempted under section 8 (1) (a) of the RTI Act as claimed by
Is RBI agreeing to transfer Rs 28,000 cr to govt a good thing or bad? | Business Standard Column
The Reserve Bank of India (RBI) has decided to transfer Rs 28,000 crore to the government as interim dividend. This is the second year running when it is making
MSMEs: For financial institutes, converting an aspiring SME borrower into a bankable one remains a challenge – The Economic Times
Apart from MSME sector representatives, the event saw the presence of a large number of government officials, regulatory authorities, financial Institutions and insurance agencies. While
Headroom to cut rates does not exist: SBI Chairman – The Economic Times
State Bank of India, the country’s largest public sector lender, currently does not have any headroom to cut deposit rates and thus cannot cut its
Beware of the Any Desk app, warns RBI – The Hindu BusinessLine
If you get any pop-up to download an app called ‘Any Desk’ to your mobile from Play store or App store, beware. It could be
Indian banks: How shadow banks can be the shining light for India’s entrepreneurial ecosystem – The Economic Times
By Vivek Tiwari Winter evenings in the hills of Jharkhand’s Latehar district are bitingly cold. Braving the unfavourable weather, Bhagiya Masomat, 40, and Kaloti Brijain,
aniltikotekar4sme.com 