With just months to go for the general election, the government looks all set to open the credit taps of the economy. The Centre has
Category: RBI–Banks
Saving the ‘suited-booted’–Deccan Chronicle
The government’s plan to infuse Rs 83,000 crore into the public sector banks that are under the scrutiny of the Reserve Bank of India’s Prompt
nabard: Clear bank dues when loans are waived: Nabard to states – The Economic Times
Amid a flurry of farm loan waivers, financial institution Nabard has written to states advising them to ensure that dues of banks that actually write-off the loan
New RBI governor should follow his “dharma” to protect autonomy: Rangarajan – The Hindu BusinessLine
Shaktikanta Das is not the first bureaucrat to be appointed as RBI governor and should follow his “dharma” to protect RBI’s autonomy like his predecessors,
Wilful defaults: 2,571 FIRs registered, 9,363 recovery suits filed by PSU banks – The Financial Express
The country’s commercial banks hold non-performing assets (NPAs) worth Rs 10.4 lakh crore, around 11.2% of their total loans outstanding. Public sector banks have filed
NPA resolution: Banks go for all-cash sale of stressed assets – The Financial Express
By Mitali Salian Delay in litigation aside, fear of poor redemption of security receipts (SRs) have prompted banks to increasingly insist on all-cash deals on
Bank recap no different from farm loan waiver | Business Standard Column
The CEOs of bad debt-laden state-owned banks should start partying, thanks to the early arrival of Christmas after a stressful year, relentlessly chasing rogue borrowers
PSBs: Capital infusion won’t fix them | Business Standard Column
As it has done with most problems inherited from the Congress-led government, the National Democratic Alliance (NDA) has tried to find a quick fix for
Recapitalising PCA banks is a bad idea; here is why – The Financial Express
Recapitalising PCA banks is a bad idea The government’s latest announcement on capital infusion into banks suggests it is attempting to boost loan growth by
Narendra Modi: The assault on the RBI’s autonomy is just starting – The Economic Times
By Andy Mukherjee After sending two pesky central bank governors packing in a little over two years, bureaucrats have turned their attention to unwinding the monetary authority’s
Farm loan waivers: Rahul’s wrong, but so is Modi – The Financial Express
It is not clear if the Modi-led government will announce loan waivers of the type the UPA did in 2008, but the rising farm distress,
RBI–Changing stance | Business Standard Editorials
There has been a flurry of central bank action across the world in the past few days. The Federal Open Market Committee (FOMC) of the US
‘RBI must release a vision document for UCBs to thrive’ – The Hindu BusinessLine
To strengthen the urban co-operative banking sector, the Reserve Bank of India needs to come up with a vision document in the light of the
Govt wants Rs 100 bn interim dividend from RBI for fiscal deficit target | Business Standard News
The government is asking the Reserve Bank of India for at least Rs100 billion in interim dividend for 2018-19 as it looks to meet a tough fiscal deficit target
Urjit Patel favoured status quo on repo rate in December’s monetary policy meet – The Economic Times
pt the repo rate — at which it lends to banks — at 6.50 per cent in the MPC review held between DecemFormer RBI Governor Urjit
Need not manufacture credit, liquidity issues: Arun Jaitley – The Economic Times
Jaitley said the government respected the RBI’s autonomy and independence and that it had asked the central bank to address the issues that the market
RBI: Is it time to widen the MPC scope?–Economic Times
Given the frequent bouts of liquidity and interest rate movements, the MPC may be provided with more tools at its disposal than just the interest
Urjit Patel: View: Four economists argue for Arun Jaitley against Urjit Patel on RBI reserves
On October 26, Reserve Bank of India (RBI) deputy governor Viral Acharya had made a passionate speech warning that governments that raid the reserves of their central bank, as
Centre to seek interim payout from Reserve Bank: Subhash Chandra Garg | Business Standard News
A day after Union Finance Minister Arun Jaitley asserted that the government did not need the Reserve Bank of India’s (RBI’s) money to bridge the
Understanding the RBI’s central board | Business Standard Column
Viral Acharya, deputy governor of the Reserve Bank of India (RBI), has a knack for grabbing headlines. After the A D Shroff memorial lecture of