A day after Reserve Bank of India Deputy Governor Viral Acharya cautioned that the governments that did not respect their central bank’s independence would incur the wrath of financial
Category: RBI–Banks
An evolving economy needs dynamic regulation, says Arun Jaitley | Business Standard News
Finance Minister Arun Jaitley Saturday said as an economy evolves, regulation needs to be relaxed or altered keeping in the mind the ground situation. Speaking at an
Money, confidence to feed liquidity–Economic Times
The government and the RBI must get their act together to convince the markets that there is serious commitment to averting a drought of liquidity
banking sector: With system-wide NPAs worse than Pakistan & Botswana, the Indian banking sector is in a mess – The Economic Times-R
By Ashwini Anand The Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders such as DHFL,IIFL
CAG Rajiv Mehrishi questions RBI’s accountability over NPA crisis – The Economic Times-R
Comptroller and Auditor General of India ( CAG) Rajiv Mehrishi on Tuesday questioned the role of RBI in the present banking crisis, asking what the regulator was doing
Why government must not lean on RBI to relax norms for PCA banks – The Financial Express
The government should desist from asking banks to help alleviate the stress at NBFCs and Housing Finance Companies (HFCs) and leave it to lenders to
Six-member panel set up to resolve stressed assets – The Hindu BusinessLine-R
The overseeing committee (OC) that is being set up under the inter-creditor agreement (ICA) for resolution of stressed assets will have six members, including Janki
Absence of a deep bond market is major cause for banking crisis: CAG – The Hindu BusinessLine-R
The major cause for the current crisis in the banking system is the absence of a deep bond market and not “theft and bad lending”,
In defence of prompt corrective action–Economic Times
RBI deputy governor Viral Acharya has done well to defend the RBI’s scheme of placing troubled banks under Prompt Corrective Action (PCA) against the charge
A bad idea | Business Standard Editorials
The country’s central bank, Reserve Bank of India, and the Union government seem to be moving towards an unseemly spat over the issue of regulating
In the mind of a stressed borrower | Business Standard Column-R
When a firm faces stress, the story turns on whether it is insolvent or merely illiquid. In this article, we put ourselves in the shoes
What ails the great Indian asset sale? | Business Standard Column-R
In September, after the annual review meeting with the chiefs of public sector banks, Finance Minister Arun Jaitley said that non-performing assets with these banks
Q2FY19 preview: NBFCs’ medium-term challenges to stay; not yet time for buy | Business Standard News
Non-banking financial companies (NBFCs) in India or across the globe have a simple business model — borrow from banks or capital markets in the form
Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
SC frowns on interim orders in NPAs The Supreme Court has disapproved of some high courts continuing to entertain matters arising from the Securitisation (Sarfaesi) Act and
IL&FS board chooses advisors for executing a resolution plan – The Hindu BusinessLine
Arpwood Capital Pvt Ltd and JM Financial Consultants Pvt Ltd have been selected as financial and transaction advisors to the IL&FS Group. Alvarez & Marsal
All you wanted to know about superseding the Board – The Hindu BusinessLine
When a private sector entity like IL&FS (Infrastructure Leasing and Financial Services) defaults on its financial dues and causes mayhem in the markets, what can
High Court suspends insolvency proceedings against Madhucon – POLITICS – The Hindu BusinessLine-R
The Hyderabad High Court suspended the corporate insolvency resolution process against Madhucon Projects Ltd, a construction-cum-infrastructure company. TheCourt suspended the order passed by the National
MSMEs, entrepreneurs engines of growth; have key role to play, says chairman of Club of Rome-India – The Financial Express
By: Shubhra Tandon | New Delhi | Published: October 12, 2018 2:54 AM 2 Shares S Ramadorai who is chairman of Club of Rome-India The scare of
Why Indian mutual funds took a big bet on IL&FS’s (good) bad debt – ET Prime
The sorry shape of IL&FS has one set of people particularly worried. The CEOs of mutual funds, who are collectively holding INR3,000 crore worth of
High-level panel likely to suggest UN model for cross-border insolvency cases – The Economic Times-?????
The model would be on the basis of Centre of Main Interests (COMI), which would be defined. In accordance with COMI, the place of main
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