The Reserve Bank of India has launched the ombudsman scheme for digital payments, the banking regulator announced in a release today. It had first spoken about the scheme
Category: RBI–Banks
Chanda Kocchar: ICICI Board must answer for the scandal around Chanda Kochhar – The Economic Times
by Andy Mukherjee India’s ICICI BankNSE -0.40 % Ltd. is seeking to claw back bonuses and stock options paid to departed Chief Executive Officer Chanda Kochhar. That
RBI removes Bank of India, Bank of Maharashtra ,Oriental Bank of Commerce from PCA framework – The Financial Express
In case of Oriental Bank of Commerce, the net NPA has come down to less than 6 per cent as the government has infused sufficient
Time to improve the fiscal architecture | Business Standard Column
The critics of the Reserve Bank of India’s (RBI) monetary policy fall in two camps. One camp casts monetary policy as powerless while the other
Not kosher: on Chanda Kochhar case – The Hindu
The inquiry by former Supreme Court judge Justice B.N. Srikrishna into the allegations against former ICICI Bank CEO Chanda Kochhar has taken eight long months
Banks need reform, not exhortations–Economic Times
The right incentives and the right institutional framework, complete with rigorous governance norms, are what bankers need to lend to deserving borrowers without reservation, not
Follow prudential norms for credit without being excessively conservative: Shaktikanta Das to banks – The Financial Express
Das emphasised the need for further strengthening various aspects of banking, including underwriting standards, capacity building, use of technology and governance. Reserve Bank of India
PCA Framework: FinMin bats for ‘ROA’ parameter tweak – The Hindu BusinessLine
Any moderation could help some PSBs come out of PCA net The Finance Ministry has made a case with the Reserve Bank of India (RBI)
निषेधार्ह हस्तक्षेप | CBI–Maharashtra Times
निषेधार्ह हस्तक्षेप व्हिडिओकॉन उद्योगसमूहाच्या कर्जप्रकरणात केंद्रीय अन्वेषण विभागाने (सीबीआय) आयसीआयसीआय बँकेच्या माजी मुख्याधिकारी (सीईओ) चंदा कोचर यांच्यावर गुन्हा दाखल झाल्यानंतर तातडीने केंद्रीय अर्थमंत्री अरुण जेटली
How Indian banks fare on capital adequacy ratio against global peers | Business Standard News
The Reserve Bank of India (RBI) feels easing capital norms for banks in haste could be harmful for the economy. A comparison of the capital adequacy ratios
NPA data: RBImay release NPA data to show effect of February 12, 2018 diktat–Economic Times
The Reserve Bank of India (RBI) is weighing a plan to release data that would demonstrate that the number of corporates defaulting on bank loans have dipped
FM versus CBI says a lot about government functioning – The Financial Express
The problem with Jaitley’s statement – that was promptly retweeted by Piyush Goyal who is filling in for Jaitley who is in the US for
PSU bankers raise questions about delay in RBI action against former ICICI Bank chief Kochhar – The Economic Times
A section of public sector bankers Thursday raised questions about the RBI seeking powers to regulate state-owned banks saying it apparently failed to act against
Supreme Court issues contempt notice to RBI in RTI case – The Economic Times
The Supreme Court has issued notice to the Reserve Bank of India (RBI) on a contempt petition which alleged that the central bank did not provide information
MSMEs: Steps to help MSMEs, ease farmers’ distress increase risk of fiscal slippage: Moody’s – The Economic Times
Moody’s Investors Service Friday said the steps announced by the government to aid MSMEs and the measures being planned to support farmers will increase the risk of fiscal
‘Adventurism over professionalism’: Jaitley flays CBI for Kochhar probe | Business Standard News
A day after the CBI named banking doyen K V Kamath and virtual who’s who of the sector for questioning in the alleged fraud case
Jaitley cautions CBI; comes to the support of bankers – The Hindu BusinessLine
Union Minister Arun Jaitley on Friday came out in support of the banking fraternity on their complaint regarding their names being included in the CBI
MSE loans: BoB aims to cover every district with specialised branches – The Hindu BusinessLine
Bank of Baroda (BoB) plans to roll out specialised branches in each district of the country to cater to the credit requirements of micro and
PSU bankers raise questions about delay in RBI action against former ICICI Bank chief Kochhar – The Economic Times
A section of public sector bankers Thursday raised questions about the RBI seeking powers to regulate state-owned banks saying it apparently failed to act against
India Today at Davos: Absolutely fulfilling experience, says Raghuram Rajan on his RBI tenure – Business News
Raghuram Rajan says his tenure as the Reserve Bank’s governor was an “absolutely fulfilling experience”, and that he “wouldn’t change it for anything”. Rajan’s remarks
aniltikotekar4sme.com 