Viral Acharya’s hard-hitting speech at AD Shroff Memorial Lecture, Mumbai has come amid a tug of war between going on between the RBI and the government.
Category: RBI–Banks
‘Govts that don’t respect central bank independence invite wrath of mkts’ | Business Standard News
RBI deputy governor Viral Acharya on Friday said that the governments that do not respect central bank independence will sooner or later incur the wrath of financial markets,
Government interference undermines RBI’s functional autonomy: Viral Acharya – The Economic Times
India’s central bank needs to be more independent to improve macroeconomic stability, Reserve Bank of India (RBI) Deputy Governor Viral Acharya said on Friday, warning that undermining
MSME: Government readies loan, social security plan for MSMEs – The Economic Times
The government is set to announce a package of benefits for micro, small and medium enterprises (MSMEs) spread across 80 clusters that will cover credit flow, steps to improve
How to disable international transactions on your credit card – The Economic Times
To be on the safer side, one can disable the international transactions entirely, especially if one does not have plans to travel abroad soon. In
Govt wants RBI to bring down capital requirements and align with Basel III: Rajiv Kumar – The Economic Times
Financial services secretary Rajiv Kumar on Friday said that the government is not looking for relaxation in the Reserve Bank of India’s prompt corrective action (PCA) framework but hinted
viral acharya: RBI deputy governor Acharya’s autonomy concerns: 10 points he makes in his speech – The Economic Times
Acharya’s speech also touched upon the current concerns over the relaxed prompt corrective action regime of the RBI. While speaking at the AD Shroff Memorial
GOI’s T20 vs RBI’s test match: Viral Acharya takes on government for trying to get RBI to relax PCA – The Financial Express
A government’s horizon of decision-making is rendered short like a T20 match, he said, using a cricketing analogy. RBI deputy governor Viral Acharya on Friday ripped
Steps soon to ease liquidity crunch: Rajiv Kumar, Financial Services Secretary – The Financial Express
Financial services secretary Rajiv Kumar said on Friday that some steps are being planned to ease the liquidity crunch being faced by non-banking finance companies
Market can discipline govt: RBI’s Viral Acharya in hard-hitting speech on centre’s interference; top 5 quotes – The Financial Express
Viral Acharya’s hard-hitting speech at AD Shroff Memorial Lecture, Mumbai has come amid a tug of war between going on between the RBI and the government.
Govt-regulator consultation the way to go, says FM Arun Jaitley | Business Standard News
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
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
aniltikotekar4sme.com 