The monetary policy panel needs to address growing economic turbulence India’s monetary policymakers are faced with the task of restoring confidence in the economy and
Category: RBI–Banks
Bankers taken by surprise – The Hindu BusinessLine
The Reserve Bank of India’s decision to leave the repo rate unchanged was seen as a surprise move by bankers who believe that it will
Why the market is unhappy with RBI’s move – The Hindu BusinessLine
While the RBI unexpectedly handed the markets a sweet deal by holding rates, equity, bond and currency markets remained surprisingly displeased. The RBI’s narrow focus
RBI governor: Our job is not to rein in rupee, but to curb volatility – Times of India
Highlights The governor said the mandate of RBI monetary policy was to target inflation while its forex operation only sought to eliminate volatility The depreciation
Stay on target: RBI surprises by not raising interest rates
Reserve Bank of India retained its policy interest rate at 6.5% yesterday, making it an outlier among Asian central banks facing similar challenges. There is
Scalding oil, sliding rupee | The Indian Express
Except for the US, most economies of the world are in crisis mode. Policy makers will be judged by how they respond to essentially, for
Focus on inflation — on RBI interest rate – The Hindu
The Reserve Bank of India pulled a surprise on the markets on Friday by keeping its benchmark interest rate unchanged at 6.5%. The decision to stand
IL &FS: the crisis persists! – संकट कायम! | Maharashtra Times
संकट कायम! देशातील पायाभूत सुविधा प्रकल्पांना मोठ्या प्रमाणावर अर्थपुरवठा करणारी इन्फ्रास्ट्रक्चर लीजिंग अँड फायनान्शिअल सर्व्हिसेस (आयएलएफएस) ही कंपनी आर्थिक संकटात सापडल्याच्या वृत्ताचे पडसाद गेला आठवडाभर
Infrastructure Leasing & Financial Services Ltd: IL&FS: The untold tale behind India’s shock takeover of the risky lender – The Economic Times
by Saloni Shukla, Vrishti Beniwal and P R Sanjai With the future stability of the Indian financial system on the line, executives running a giant
Something rotten in ratings–Economic Times
By Milind Deora Infrastructure Leasing & Financial Services (IL&FS) is in hot water. On August 7, credit-rating agency Icra downgraded IL&FS’ long-term loans and debentures
IL&FS crisis: SFIO probe to look for diversion of loan money – The Economic Times
The Serious Fraud Investigation Office will probe whether any of the loans granted to Infrastructure Leasing & Financial Services were diverted for other purposes and
Probe on to find why IL&FS gave ‘a false picture of its financials’ – The Hindu BusinessLine
The fact that the management of Infrastructure Leasing and Financial Services (IL&FS) was providing a false picture of its financials is among the first leads
ICICI-Better late than… | Business Standard Editorials
It speaks volumes for shareholder sentiment that the ICICI Bank stocks soared over four per cent when news of Chanda Kochhar’s early retirement, with immediate effect, as
Essar Steel auction: SC gives ArcelorMittal, NuMetal 2 weeks to clear dues | Business Standard News
The Supreme Court on Thursday decided to give one more opportunity to ArcelorMittal and NuMetal to bid for Essar Steel, but only if they both paid off their non-performing
ICICI–जा रे चंदा.. | Loksatta
चंदा कोचर यांना राजीनामा द्यावा लागला, यावरच आपली व्यवस्था धन्यता मानेल.. चंदा कोचर हे आपल्या कुडमुडय़ा भांडवलशाहीच्या बँकिंग शाखेस लागलेले फळ. संपूर्ण पिकायच्या आधीच ते
borrowing india: Tax collections in India raise doubts on lower borrowing plan – The Economic Times
by Subhadip Sircar Nothing seems to be helping India’s sovereign bond market. The optimism spurred by the government’s decision to cut its borrowing plan proved fleeting
Ericsson files contempt plea against Anil Ambani over dues – The Economic Times
Com’s nonpayment of dues could drag the debt-laden telco back into insolvency proceedings, thereby nullifying its spectrum sale deal with Jio, and setting back efforts
CII suggests 12 ways to control current account deficit, rupee fall – The Economic Times
CII has suggested incentives for foreign currency non-repatriable (FCNR) accounts, NRI bonds and a special dollar window for oil companies The Confederation of Indian Industry
Need to regulate Committee of Creditors: NCLAT Chairperson – The Economic Times-R
Bankruptcy court NCLAT Chairperson Justice Sudhansu Jyoti Mukhopadhaya on Wednesday said there should be rules “to regulate the conduct of the Committee of Creditors (CoC) and its
Beyond firefighting on IL&FS front–Economic Times
The IL&FS crisis is a combination of poor management, possible malfeasance and systemic deficiency. Management has been changed at the board level. Probably, follow-through changes
aniltikotekar4sme.com 