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
Category: RBI–Banks
RBI for one-time restructuring of MSME loans – The Hindu BusinessLine
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
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
The Reserve Bank of India (RBI) has announced the constitution of a six-member panel to look into its economic capital framework. A reference to economic capital framework had
Over 6,000 officers of PSBs held responsible for bad loans in FY18: Arun Jaitley – The Economic Times
Depending upon the gravity of lapses, the minister said “minor penalty/ major penalty have been imposed against erring officials” The government Friday said action has
Gross NPAs jump to 11.2% or Rs 10.39 tln in FY18: RBI Report – The Economic Times
The monetary authority also said it will look into implementation of Ind-As, corporate governance in banks and a revised framework for securitisation. System-wide gross non-performing
RBI to ensure sustainable growth of NBFCs with adequate credit – The Economic Times
The NBFC sector is liquidity crisis after a series of defaults by Infrastructure Leasing & Financial Services (IL&FS) and its many subsidiaries since late August.
IBC scripts huge success in just two years; RBI data reveals NPA recovery rate of whopping 50% – The Financial Express
Under the IBC, as against the claimed amount of Rs 9.9 lakh crore, lenders have been able to recover Rs 4.9 lakh crore, registering the
PSBs-Recapitalisation sans reform | Business Standard Editorials
In what amounts to an admission that the Reserve Bank of India’s prompt corrective action (PCA) framework cannot at the moment be diluted, the government
Modi s Clampdown On E commerce In India May Not Win Back Votes Of Small Retailers – BW Businessworld
India’s new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year’s general election, with the
Focus on RBI reserves, as govt stares at tax shortfall | Deccan Herald
Even as the government is staring at a tax shortfall in fiscal 2019, the focus seems to have shifted towards the Reserve Bank of India-appointed
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