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
Category: RBI–Banks
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
4 of 11 banks may see lifting of lending restrictions in Q4 – The Economic Times
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
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
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