By Jane L. Levere Travel companies were hit by one data breach after another last year — firms including Marriott, British Airways, Delta Air Lines and travel booking
Category: RBI–Banks
Banks may have to shell out another up to $5.6 billion for bad debt – India Ratings – The Financial Express
The Indian banking sector has been under massive stress in the last few years as lenders have struggled with about 0 billion of bad loans
Small Business: Money matters: How to arrange funds for your small business–Economic Times
y Rishi Mehra Money is the most critical element in starting and running a business and an entrepreneur has to find ways to get funding for his small
Late reaction – The Hindu BusinessLine
Just when the financial markets were settling down to business-as-usual after the IL&FS crisis, Cobrapost’s sensational ‘expose’ on Dewan Housing Finance Corporation Ltd (DHFL) has
Mudra Yojana | Budget 2019: 15.56 lakh loans worth Rs 7.23 lakh cr sanctioned under Mudra scheme: Piyush Goyal
Finance Minister Piyush Goyal Friday said the government has sanctioned 15.56 lakh loans amounting Rs 7.23 lakh crore under the Mudra scheme of which an overwhelming majority
A rocky ride for banks over the past five years – The Hindu BusinessLine
Deteriorating bank balance-sheets, steep rise in bad loans and no meaningful recovery in capex have left the sector reeling Even before the BJP-led government came
Kochhar case:Tip of iceberg–Deccan Chronicle
It’s been a precipitous fall for Chanda Kochhar, from a top banker to one charged with key misdemeanours in outright fraudulent disbursal of huge loans
| ‘नायकी’ कानडा | Loksatta
राजकारण, समाजकारण वा अर्थकारण यातील सर्व दुखण्यांचे मूळ आपल्या या नायक / खलनायक प्रवृत्तीत दडलेले आहे, हे अजूनही आपणास लक्षात येत नाही. चंदा कोचर यांची
RBI launches ombudsman scheme for digital payments – The Economic Times
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
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