The Reserve Bank of India (RBI) has estimated that around four out of the 11 banks facing lending restrictions could come out of the prompt corrective
Category: RBI–Banks
RBI governor Shaktikanta Das meets more PSB heads – What they discussed? – The Financial Express
Reserve Bank governor Shaktikanta Das Wednesday met more state-run bankers to discuss the issues related to relaxing the prompt corrective action (PCA) framework, liquidity and
Floating rate borrowers need easy portability | Business Standard Loans
After much prodding and a nudge from the Supreme court, the Reserve Bank of India (RBI) has finally announced all floating rate loans to individuals and micro
Meet with RBI: Banks want to keep NPAs out of court – The Financial Express
Anxious that provisioning requirements for stressed assets will go up, bankers are understood to have asked the Reserve Bank of India (RBI) to relax the
Loan waiver won’t root out farm distress, says NITI Aayog chief – The Hindu BusinessLine
Loan waiver is not the right policy to help farmers and it does not work on the principle of equality, NITI Aayog has said. This
View: Four economists argue for Arun Jaitley against Urjit Patel on RBI reserves – The Economic Times
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
Govt-RBI relationship like of ‘husband-wife’, says Ex-PM Manmohan Singh – The Economic Times
Former prime minister Manmohan Singh Tuesday said the relationship between the government and the RBI is like that of “husband-wife” and the difference of opinions must be
RBI: Modi’s cashflow woes just got more bearable thanks to RBI switch–Economic Times
By Vrishti Beniwal Facing cash flow problems just months before a national election, India’s Prime Minister Narendra Modi could have a savior in the country’s new central
IL&FS: Big banks and Rakesh Jhunjhunwala line up to bid for IL&FS Securities–Economic Times
Lenders including HDFC BankNSE 0.25 %, ICICI BankNSE 1.06 % and Axis BankNSE 0.36 %, and Rakesh Jhunjhunwala’s private equity firm Rare Enterprises are among a dozen bidders for the securities
Regulators can’t work in isolation: Arun Jaitley on spar with RBI, Urjit Patel – The Financial Express
He claimed that there was never a breakdown in the relationship between RBI and government, and that pleasant meetings were held regularly on the differences
To prevent bad loans, banks to cross-check info on borrowers – The Hindu BusinessLine
Banks are likely to soon seek authorisation from borrowers and guarantors so that they can approach authorities such as Income Tax (I-T) and Goods and
RBI: View: A breath of fresh air at India’s central bank – The Economic Times
by Abhishek Gupta Critics have called the resignation of India’s former central bank chief Urjit Patel and appointment of former Finance Ministry official Shaktikanta Das as his replacement a
Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan – The Economic Times
Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the
Gov Shaktikanta Das told to ease PCA, one-day default norms by PSB heads – The Economic Times
Newly-appointed Reserve Bank governor Shaktikanta Das Thursday met with the heads of public sector banks who sought some relaxations in the prompt corrective action (PCA)
RBI: View: Not RBI’s job to facilitate poll wins by sacrificing reserves for achhe din’s sake – The Economic Times
Let us not mince words. One reason for the government changing the RBI Governor is to get a more pliable candidate who will help it win the
RBI: Complete overhaul needed for RBI board to emulate Fed, BoE: Viral Acharya–Economic Times
Reserve Bank of India deputy governor Viral Acharya has put across the point that a dramatic change in the role of the central bank board — on the lines
Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan – The Economic Times
NEW DELHI: Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade
Loan interest rates: External benchmarking of loan interest rates to help new borrowers: Here’s how–Economic Times
Those signing up for the new methodology should expect quicker revisions in interest payable or changes in EMIs. Frustrated with your bank’s tendency to raise
Government tussle with RBI could undermine financial stability: S&P – The Financial Express
The report said it does not anticipate any material change in the central bank’s level of independence, especially with regards to its adoption and implementation
RBI’s insistence on PIN-based cards may needle customers from January 1 – The Hindu BusinessLine
Is your debit/credit card a chip-based one? If not, you may not be able to swipe it from the New Year. According to an RBI
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