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
Category: RBI–Banks
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
Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
via Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
Rift with Centre doesn’t challenge RBI’s autonomy: Damodaran – The Hindu BusinessLine
Former SEBI Chairman M Damodaran said the Reserve Bank of India (RBI) continues to be a strong institution and its recent differences with the government does not
Temporary truce – The Hindu BusinessLine
The Centre has not yielded much on its demands in this patch-up with RBI It is a welcome denouement to the public acrimony between the
Retail race – The Hindu BusinessLine
It is not altogether surprising that Indian banks, after burning their fingers on project loans to some of the largest industrial groups, should turn to
Make RBI more consultative, don’t kill its independence – The Financial Express
Fixing RBI’s governance can’t be divorced from doing the same for the country’s economic governance. Economic Affairs secretary Subhash Garg makes a valid point when,
Government and RBI: Moving forward – Basic autonomy of RBI does need to be protected – The Financial Express
RBI does too many things, not all of which make sense from the perspective of its role as a central bank. In my last column