A year after the Reserve Bank of India (RBI) issued the circular directing banks to move to a more stringent non-performing asset (NPA) recognition with the Insolvency and Bankruptcy
Category: RBI–Banks
Flow of credit, caution listing, GST refunds a concern for exports: Industry tells govt – The Economic Times
Industry body CII also emphasised that it is critical to address issues related to trade financing, incentives and logistics, to help exporters become globally competitive.
SMEs: SMEs need greater institutional framework to boost access to credit – The Economic Times
By Girish Bhagat For about 48 million small and medium enterprises (SMEs) operating in India, continuous investment for enhancing their technology is a pre-requisite for supporting their
Banks have ₹20,000-cr exposure to IL&FS – The Hindu BusinessLine
Most banks may see one-off pain in Q4, according to experts Surabhi Banks have reported an exposure of nearly ₹20,000 crore to debt-ridden Infrastructure Leasing
59-minute loan portal holds promise – The Hindu BusinessLine
MSMEs have taken to it, but poor loan disbursements indicate the need for its deeper integration with bank processes One of the biggest announcements for
Only six PSBs cross ‘desirable’ level of 70% provision coverage ratio – The Hindu BusinessLine
While public sector banks (PSBs) have substantially ramped up their loan-loss provisions and strengthened balance sheets in the first nine months of the current financial
Will reduce rates once marginal cost of funds comes down: SBI chief – The Economic Times
“If our marginal cost of funding comes down, then that benefit we will pass on to borrowers,” Kumar told SBINSE -0.41 % Chairman Rajnish Kumar Thursday said the
Credit Utilisation: Companies stare at cash flow problems due to new credit utilisation rules–Economic Times
A tweak in the rule of how Goods and Services Tax (GST) credit should be availed is set to create a major cash flow problem
MSME: Financial hiccups of SC/ST entrepreneurs must be addressed on priority, voice industry leaders – The Economic Times
Emandi Sankara Rao, CEO, IFCI Limited, opined that besides providing funding opportunities, handholding of entrepreneurs is the need of the hour. Country’s SC/ST entrepreneurs, particularly from
Finance Ministry: Finance Ministry asks six public sector banks to improve on PCA parameters – The Economic Times
The Finance Ministry has asked the six remaining public sector banks, currently under Prompt Corrective Action (PCA), to improve on seven parameters to get the government‘s support for coming out of
RBI fines 3 banks – The Hindu BusinessLine
The Reserve Bank of India has imposed a monetary penalty of ₹1.50 crore on Oriental Bank of Commerce and ₹1 crore each on Bank of
NPA under Mudra Yojana stands at Rs 7,277 crore – The Economic Times
The government Tuesday informed Parliament that loans worth Rs 7,277.31 crore of public sector banks under Pradhan Mantri Mudra Yojana (PMMY) have turned bad at the end
Loans worth Rs 20,900 cr sanctioned under 100-day outreach programme for MSMEs – The Economic Times
Loans to the tune of Rs 20,900 crore have been sanctioned under the 100-day outreach programme for MSMEs across 104 districts announced in November, a top official said
PNB to e-auction 4,000 properties to recover loans – The Economic Times
Recently, the state-owned lender reported a net profit of Rs 247 crore for the third quarter ending December 2018 over the Rs 230 crore profit
Over 900 cases of fraud involving cards, net banking registered in Apr-Sep 2018 – The Economic Times
According to data maintained by National Crime Records Bureau (NCRB), 12,317 cyber crime cases were registered in 2016, Ahluwalia noted. Over 900 cases of fraud
Your loan interest rate still high after RBI cut? Know how long it takes for monetary policy transmission – The Financial Express
Even after the RBI’s surprise monetary policy rate cut last week, there are apprehensions about the pace of monetary transmission in the economy. RBI Governor Shaktikanta
Welcome Measures for the bond market–Economic Times
The Reserve Bank of India has announced welcome measures to boost the corporate bond market along with those for currency derivatives and interest rate futures.
Government and RBI should address differences between them: Y V Reddy – The Economic Times
The RBI sop was abused by banks and industry giving rise to NPAs, according to former RBI governor Y V Reddy. The government pushed regulatory forebearance post
Special MSME package can help 7 cr accounts, Rs 1 L cr loans: Fin secy – The Economic Times
He said 7 lakh MSME units need restructuring. The Reserve Banks restructuring package for small businesses announced last month will help recast Rs 1 lakh
Finance Ministry seeks transfer of Rs 27,380 crore from RBI retained towards risks, reserves – The Financial Express
The finance ministry has sought from the Reserve Bank of India (RBI) Rs 27,380 crore that was withheld by the central bank towards risks and
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