Category: RBI&#8211;Banks

There was however a truce on two issues, including with regard to reserves. The relation between the Reserve Bank and the government is akin to

raghuram rajan: View: 8 things India must do in 2019 to tide over economic challenges – The Economic Times

By Raghuram Rajan and Abhijit Banerjee Last October thirteen of us, all economists, got together in the hope that as the country gears up for elections, we

RBI gives relief to MSME sector, provides for one-time restructuring of loans – The Financial Express

The RBI permitted a one-time restructuring of existing loans to MSMEs that are in default but ‘standard” as on January 1, 2019, the central bank

Clogged credit is biggest pain point – The Hindu BusinessLine

Micro, small and medium enterprises (MSME), the backbone of the manufacturing industry and generator of millions of jobs in the country, continued with their struggle

RBI for one-time restructuring of MSME loans – The Hindu BusinessLine

1 Jan 2019 Anil R Tikotekar

In a breather to the micro, small and medium enterprise (MSME) sector, the Reserve Bank of India has decided to permit one-time restructuring of existing

PCA framework helped reduce contagion losses: RBI report – The Economic Times

The findings were based on a contagion analysis to assess whether the PCA framework has helped in reducing the systemic footprint of PCA banks. The

reserve bank of india: Bank GNPAs improved to 10.8 pc; net NPAs to 5.3 pc in September: RBI – The Economic Times

1 Jan 2019 Anil R Tikotekar

The asset quality of banks showed improvement with gross non performing assets‘ (GNPAs) ratio declining to 10.8 per cent in September 2018 from 11.5 per cent in March

Provision coverage ratio of PSU banks on the rise, crosses 66% – The Economic Times

Various initiatives taken by the government have yielded results, with the bad loans of public sector banks (PSBs) declining by over Rs 23,000 crore from

The curious case of the company that handles ‘Get PSB loans in 59 mins’ | Business Standard News

The nameplate at the entrance of Optionz, a commercial building in the heart of Ahmedabad, has changed from CapitaWorld Platform Pvt Ltd to PSB Online Loans Ltd just last

RBI exhorts urban coop banks to become small-finance banks – The Hindu BusinessLine

UCBs with a minimum net worth of ₹50 crore and a CRAR of 9% and above are eligible for a voluntary transition In a bid

IL&FS probe: CA Institute to follow own course; next hearing on Jan 12 – The Hindu BusinessLine

After the ₹90,000-crore IL&FS Group blowout came to light, the CA Institute had held the signing partners of the three top audit firms prima facie

MSME: How alternative lending models are facilitating better access to credit for the MSME sector – The Economic Times

By Gaurav Kumar Nearly 60 million businesses comprise the MSME (Micro, Small, and Medium Enterprises) sector in India, which is responsible for driving a substantial amount of

Committee Holds Out Promise of Sense–Economic Times

The composition of the committee appointed to determine the adequate level of reserves for the Reserve Bank of India (RBI), along with the three-month period

Bad loans of PSU banks are declining: Govt officials – The Economic Times

Bad loans of state-run banks are in decline and the lenders have recognised most of their stressed assets, a government official said. The gross non-performing assets

Debt recovery: IBC 3 times better than other routes – The Financial Express

Banks and other financial creditors managed to recover around Rs 4,92,500 crore from 21 accounts for which resolution plans were approved under IBC in FY18.

Is excess capital for RBI a necessary evil? | Business Standard Column