For all the cordiality on show at the end of Reserve Bank of India’s last board meeting, tensions could re-surface when it next gathers on
Category: RBI–Banks
MSME: Restructuring of MSME loans a ‘step backwards’, risks to manifest in 6-9 months: Fitch – The Economic Times
The decision to restructure loans of up to Rs 25 crore for the MSME sector is a “step backwards” and the risks to the banking sector will
Yes Bank: Moody’s downgrades YES Bank ratings, changes outlook to negative – The Economic Times
Moody’s has downgraded foreign currency issuer rating to ‘Ba1’ from ‘Baa3’. Moody’s Investors Service Tuesday downgraded Yes BankNSE -11.25 %‘s ratings to non-investment grade and changed outlook
Corporate Bond Market: India Inc’s Five Find-Outers–Economic Times
By Ashu Suyash The supply of corporate bonds is expected to more than double to Rs 55-60 lakh crore in FY2023, from Rs 27.4 lakh
Play it like a promoter–Economic Times
By Sonu Bhasin What is the similarity between IL&FS and ICICI Bank? Both are professional organisations going through a crisis and have been making headlines
RBI Autonomy — With Accountability
It is in the interest of the government and the nation to respect RBI’s functional autonomy, as happened at the last RBI board meeting. RBI
Yes governor: Urjit Patel reminds government that RBI reserves are not for meeting normal needs
Appearing before a parliamentary standing committee on finance on Tuesday, RBI governor Urjit Patel reportedly painted a balmy picture. He underlined that the woes of demonetisation
CRISIL SME tracker: TReDS will materially change MSME credit access | Business Standard News
To address the funding crunch faced by micro, small and medium enterprises (MSMEs), the government on November 2, 2018, announced initiatives to improve credit access, as part
Restructuring of MSME loans a ‘step backwards’, risks to manifest in 6-9 months: Fitch – The Hindu BusinessLine
The decision to restructure loans of up to Rs 25 crore for the MSME sector is a “step backwards” and the risks to the banking sector will
Suspension of Aadhaar verification to hit lending of small fintech players – The Hindu BusinessLine
Fintech players, especially online lenders in the personal and consumer loans segment, are likely to face slowdown in business following the Supreme Court order that
NBFC problem is one of insolvency, not liquidity – The Financial Express
Going by the substantial rollovers and new issuances of commercial paper (CP) by NBFCs, in November so far, there seems to be no crisis. The
RBI: Signal to govt? Urjit Patel says RBI needs its current reserves – Times of India
The current level of currency reserves held by RBI is necessary in view of international volatility and to maintain high creditworthiness, governor Urjit Patel told a parliamentary committee on
The Reserve Bank versus government saga: In search of core solutions – The Economic Times
By Ananth Narayan The last few months have been busy for our financial ecosystem, for the wrong reasons. RBI folks have been busy penning and
Urjit Patel steers clear of questions on govt invoking section 7; here’s what you need to know – The Financial Express
RBI governor Urjit Patel on Tuesday steered clear of questions on whether the Narendra Modi government invoked special powers under the never-used Section 7 of
MPC must prepare for cutting interest rates; risks to core inflation have abated – The Financial Express
External and domestic factors have completely overturned India’s inflation scenario since the October review of monetary policy. International oil prices have nosedived, and quite unpredictably
NPA malaise: Why pursuing a bank merger may not be advisable – The Financial Express
By, Barendra Kumar Bhoi India’s banking system is passing through a critical time due to the overhang of large non-performing assets (NPA). Efforts are being
RBI vs MoF: Pot, kettle & citizens | Business Standard Column
In late October-early November, the Ministry of Finance (MoF) got into a very public spat with the Reserve Bank of India (RBI). Most of us got sucked
RBI: Autonomy and accountability | Business Standard Column
The government has opened up the issue of the relationship between the finance ministry and the RBI. The public criticism by each protagonist about the
Bank defaulters: It is time to shed reservations about naming and shaming | Business Standard Column
The war against bank defaulters in the world’s sixth largest economy has intensified with the Indian government authorising the CEOs of public sector banks to
Why the govt and RBI are at odds over setting up a payments regulator | Business Standard News
On October 19, the Reserve Bank of India released an unusual press release. The press release was a dissent note on a draft report submitted by an inter-ministerial