Reserve Bank governor Shaktikanta Das Tuesday underlined the need for sticking to the fiscal roadmap by adopting a commonly agreed expenditure code-based spending plan to
Category: RBI–Banks
Deals to rules | The Indian Express
China can teach us a lot about labour markets but not about banking. Their share of bank lending to the private sector has shrunk by
RBI’s $5 billion swap may be good move; but how will Shaktikanta Das convince US Fed? – The Financial Express
The RBI will buy billion from banks for its reserves by giving them rupees, and reverse the trade in 2022. Several theories explain why India’s
RBI mustn’t dither… – The Hindu BusinessLine
It looks like banks in India can never be out of the news for an extended period of time. The latest news doing the rounds
$5 bn swap smartest move of RBI gov | Business Standard Column
India’s banking regulator’s decision to hold a $5 billion three-year US$/Indian rupee buy/sell swap auction (on March 26) is driving forward premia down, paring the hedging
Reserve Bank of India backs finance ministry on debt recast plan – The Economic Times
The RBI told the Supreme Court that the inter-creditor agreement (ICA) aimed at helping debt defaulters avoid bankruptcy proceedings requires the approval of 66% of
Shaktikanta Das: No dilution on Feb 12 circular over stressed assets: RBI – The Economic Times
The Reserve Bank of India Saturday maintained that there is no dilution in its stand with regard to February 12 circular on stressed assets recognition and resolution.
‘India’s bond market faces worst crisis since Lehman bankruptcy’ – The Hindu BusinessLine
Shashikant Rathi, who has dominated India’s local bond underwriting business for over a decade at Axis Bank, says the industry now faces its biggest challenge
Anxiety on Bond Street | Business Standard Editorials
The Securities and Exchange Board of India (Sebi) has mandated that listed companies rated AA and above having an outstanding loan of at least Rs
RBI rejected Modi govt’s these 3 key arguments on demonetisation; here’s what minutes of meeting reveal – The Financial Express
The Central Bank rejected the suggestions mainly around noteban’s likely effect on curbing black money and counterfeit notes. Even as Reserve Bank of India (RBI)
Why Reserve Bank of India should cut CRR levels – The Financial Express
Will free up cash reserves and create room for lower rates. India’s investment cycle has been in a trough for several years now. And it
RBI: RBI says no data on demonetised 500, 1,000 notes used at petrol pumps – The Economic Times
The Reserve Bank of India also said it did not have information on the number of SBNs used to buy KYC-compliant instruments like insurance policies.
SBI bites the bullet: Will other banks also link interest rates to RBI repo rate? – The Financial Express
India’s largest lender State Bank of India made a historic decision on Friday to link interest rates on savings deposits above Rs 1 lakh and
Expand credit to boost growth | Business Standard Column
A significant portion of the Indian economy could grow a lot faster if its credit needs were better met. Estimates of unmet credit needs of creditworthy Indian companies and
Banks coming out of PCA framework may not see sudden growth in credit – The Hindu BusinessLine
The recent exit of six banks from the Prompt Corrective Action (PCA) measure of the RBI may not be enough to immediately spur credit growth.
SME Corner gets Rs 90 crore in equity, debt – The Economic Times
Mumbai-based digital lending startup SME Corner has raised Rs 90 crore in fresh funding in a mix of debt and equity. While Rs 35 crore of equity
The IL&FS mess | Business Standard Editorials
The new board of Infrastructure Leasing and Financial Services Ltd (IL&FS) has reportedly sent show-cause notices to as many as 14 former directors of IL&FS Financial Services Ltd (IFIN),
Banks want RBI to defer IndAS roll-out over higher loan-loss provisioning | Business Standard News
Banks are seeking an extension for the roll-out of the Indian Accounting Standards (IndAS), set to come into effect from April 1. They have cited
To prevent frauds, banks plan to appoint agencies to monitor large-value accounts – The Hindu BusinessLine
Under IBA aegis, banks set up a committee of senior bankers to shortlist the agencies In a bid to prevent frauds in large-value accounts, banks
PSBs get money while RBI, MoF get away. Again | Business Standard Column
The new Chief Economic Advisor (CEA) Krishnamurthy Subramanian said a few days ago that it is important to implement the P J Nayak committee’s recommendations on governance reforms in public
aniltikotekar4sme.com 