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
Category: RBI–Banks
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: Government may push RBI to lift lending curbs on some banks – The Economic Times
By Vrishti Beniwal and Shruti Srivastava The Indian government will push its central bank to ease lending restrictions for some weak banks and review rules
Government authorises PSU bank chiefs to block wilful defaulters’ exit from India – The Economic Times
PSU bank heads can block wilful defaulters’ exit from India now The government has empowered heads of public sector banks to directly request the authorities for issuance
Government may raise PCA issue again if norms not eased by RBI – The Economic Times
The government is likely to raise the issue of relaxation of prompt corrective action (PCA) framework for stressed banks with the Reserve Bank of India again if
Note-ban impact transient; economy now robust: RBI Governor to Parliamentary panel – The Economic Times
The RBI governor appeared before the panel days after the RBI’s face-off with the finance ministry over a range of issues. In an apparent defence
Credit growth to real economy healthy, says RBI – The Economic Times
On liquidity, the government argues implementation of Basel III capital norms for banks, which are lower than the norms prescribed by the central bank. As
credit cards: How to ensure financial safety while using credit card – The Economic Times
One must get into the habit of verifying the monthly statement to make sure there are no unauthorised transactions. Sugandh is worried about credit card frauds and
ATM Costs are Part of Overall Bank Costs–Economic Times
The reported warning by the Confederation of ATM Industry that nearly half of the 2,38,000 automated teller machines (ATMs) may shut down by March 2019
IBC has led to the resolution of unpaid claims of nearly 3,00,000 crores: Injeti Srinivas – The Economic Times
Injeti Srinivas added that cases for which resolution plans had been accepted had led to a recovery of about Rs 71,000 crore and that if
Insolvency law helped address Rs 3 lakh cr stressed assets in 2 years: Official – The Economic Times
Corporate Affairs Secretary Injeti Srinivas said there has been a direct and indirect impact of the Code on stressed assets worth close to Rs 3
Will delay in IBC cases result in bank losses? – The Economic Times
Banks are losing thousands of crores of rupees due to delays in the settlement of bankruptcy cases and rating company ICRA estimated lenders lost Rs.
SC move to split pleas challenging constitutional validity of IBC offers relief to banks – The Economic Times
Banks have got more time to resolve stressed assets as the Supreme Court has asked the parties to segregate all petitions related to the Reserve Bank of
Govt versus RBI: Pressure on RBI to ease credit to small firms, relax lending norms | The Indian Express
Viral Acharya (left) said Governor Urjit Patel (second from right) (Express Photo by Ganesh Shirsekar/File) While the trouble between the government and the Reserve Bank
Centre vs Central Bank: Government can’t second-guess RBI, time to work together – The Financial Express
The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai May 3, 2011. It is unfortunate that RBI, through deputy governor
Govt upset with RBI for being kept in the dark about PCA, NPA norms | Business Standard News
Amid differences between the Reserve Bank of India (RBI) and the finance ministry, officials said the government was upset with the central bank for not consulting it
[ RBI Vs Govt ] An avoidable path | Business Standard Editorials
Public recriminations will help neither the govt nor the RBI Last Updated at October 29, 2018 22:57 IST Last week, Viral Acharya, deputy governor of
Govt move to up pecuniary limit to file loan recovery in DRTs stayed by Rajasthan HC – The Hindu BusinessLine
The Rajasthan High Court has stayed the operation of the government’s September 6 Gazette notification, which doubled the pecuniary limit to ₹20 lakh for filing
RBI: Is RBI masking its mistakes? – The Economic Times
It’s a story about a central govt that is bereft of subtlety & a central bank that masks its mistakes. Their relationship had begun on
Government expects recoveries to exceed Rs 1.80 lakh crore in FY19 – The Financial Express
Enthused by the impact of new insolvency and bankruptcy law, the government expects bad loan recoveries to exceed Rs 1.80 lakh crore target for the