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
Category: RBI–Banks
‘GST data should be available to lenders to vet loan proposals’ – The Hindu BusinessLine
K Ram Kumar The banking sector is expected to continue its focus on retail loans due to the relatively lower risks involved and expand MSME
Payments banks continue to struggle; losses double to ₹516 crore – The Hindu BusinessLine
via The consolidated net loss of all the PBs in India has more than doubled The financial health of ‘payments banks’, a concept championed
Bank-led resolution of NPAs set to begin – The Economic Times
About 34 banks have signed the ICA, the bedrock of the in-house, bank-led resolution approach. Indian Banks’ Association (IBA) has set up an oversight committee
After cold war between govt and RBI, panel formed to look into reserves; here’s all you need to know – The Financial Express
The panel, headed by Bimal Jalan, will review and suggest the right level of RBI reserves needed for provisioning risks and submit its report in
CA Institute’s disciplinary probe hearing against IL&FS auditors postponed – The Hindu BusinessLine
There is no information on when the next hearing will take place The much-anticipated hearing in the CA Institute’s inquiry against certain statutory auditors of
To check fraud, CVC starts examining audit reports of state-run banks, insurance companies – The Economic Times
According to government data, various banks have reported an increase in cases of fraud during 2015-16 and 2017-18. Probity watchdog Central Vigilance Commission (CVC) has started examining
Default rate in small loans lowest, finds study – The Economic Times
Credit bureaus appear to be helping high-street banks take cautious lending decisions where loans are not backed by collaterals. Although personal loans, which are offered
All you want to know about EMV chip cards – The Hindu BusinessLine
Are you wondering why you received a new debit card while your existing debit card is just working fine? Well, here is the reason. Banks
All you wanted to know about PCA – The Hindu BusinessLine
If you had just got a handle on the NPA animal after all the noise around it in the last two or three years, the
Tight scrutiny: RBI cancels registration of 1,300 NBFCs in H1FY19 – The Financial Express
The spurt in action against errant NBFCs this fiscal suggests a heightened scrutiny of non-bank lenders around the time the Infrastructure Leasing & Finance (IL&FS)
Monetary policy in 2018: Targeting inflation in uncertain times wasn’t easy – The Financial Express
This was because headline inflation, pulled down by sharp undershooting of food price inflation, masked adverse movements in the underlying trends of other key elements
Farm loan waivers: Double-edged sword for banks & farmers – The Financial Express
By Kushankur Dey Farm loan waivers amounting to more than Rs 85,000 crore in the two consecutive financial years (2017-18 and 2018-19) announced by various
Bank bailout – The Hindu BusinessLine
It is short-sighted to prioritise PCA banks in the recapitalisation exercise The Centre’s decision to peg up its recapitalisation package for Public Sector Banks (PSBs)
Capital idea? on banks recapitalisation plan – The Hindu
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
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
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