The Chennai bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by US-based investor Ingen Capital Group LLC for Chennai-based pharmaceutical manufacturer Orchid Pharma Ltd, following
Category: RBI–Banks
To stem rupee slide, India may look to lock in oil futures – The Hindu BusinessLine
The Indian government is planning to ask state oil firms to lock in their crude futures purchase prices, a government source said on Thursday, anticipating
Forget gold import duty, get the bond right first – The Financial Express
Given India’s imports of gold were $8.4bn in Q1FY19, it is not surprising the government wants to curtail demand; they were 18% of the trade
MSME: ‘MSME loans: Private banks, NBFCs eat into PSU banks’ market share’ – The Economic Times
State-run banks’ market share in loans to the micro, small and medium enterprises (MSMEs), a major thrust area for the government, has dipped on aggressive
The Global Crisis is Undead–Economic Times
The Global Crisis is Undead It would be a mistake to talk of the Global Financial Crisis, taking Lehman Brothers’ filing for bankruptcy on September
Merging the three banks was the best option available – The Financial Express
The immediate reason for the government wanting to amalgamate Dena Bank and Vijaya Bank with Bank of Baroda (BoB) is clearly to use precious resources
External factors: Import curbs to stabilise rupee may not work – The Financial Express
If the announcement-effect of any government policy were to be the immediate judge of the efficacy of the same, then the five-point currency revival plan
Reserve Bank eases norms for overseas fund raising to prop up the rupee | Business Standard News
The Reserve Bank on Wednesday eased norms for companies in the manufacturing sector to raise overseas funds and allowed Indian banks to market Masala Bonds in line
Rupee Vs Dollar–Borrowing our way into trouble | Business Standard Column
The deteriorating trend of the current account deficit has been known for some time. But the government reacted only when the fall in the rupee value hit the headlines,
Fire-fighting – The Hindu BusinessLine
Arresting the rupee’s fall by adding to the high stock of short-term external debt is a bad idea The foreign exchange market does not seem
Editorial News: merger of banks is only bandage – केवळ मलमपट्टी | Maharashtra Times
केवळ मलमपट्टी केंद्र सरकारने देना बँक, विजया बँक आणि बँक ऑफ बडोदा या तीन राष्ट्रीयीकृत बँकांचे विलिनीकरण करून त्यांना एकत्रित रूप देण्याचा निर्णय घेतला आहे.
loksatta editorial on merger of dena bank bank of baroda vijaya bank | अशक्तांचे संमेलन | Loksatta
एकत्र येण्याने तीन बँकांच्या क्षमतेची जशी बेरीज होणार आहे त्याचप्रमाणे त्यांच्यावरील संकटांचीदेखील बेरीज होणार आहे.. आजारपणाच्या सुरुवातीस उपचार करणे टाळल्यानंतर आजार बळावतो आणि मग त्या
Government shouldn’t create market expectations it can’t meet–Economic Times
In a commentary around a fortnight back, this columnist had argued that the government’s correct response to a depreciating rupee would be to take no
Interest-rate defence of rupee a bad idea, junk it – The Financial Express
Several analysts have been arguing for a rate hike by RBI, if need be, as a mid-term policy measure as a classic interest-rate defence. Given
Increasing credit reach: Data powering lending to MSMEs – The Financial Express
We are at a rare moment in history. Lending to micro, small and medium enterprises (MSME) is at the cusp of witnessing the same transformation
Govt plans hike in gold import duty to check rising CAD – The Hindu BusinessLine
The government is set to hike the import duty on gold to 12-13 per cent from 10 per cent to control the widening current account
NPA saga – where do we go from here? – The Hindu BusinessLine
For effective change, the Board for Financial Supervision should be recast, providing it statutory status akin to the MPC As the high-decibel slug-fest over the
Shotgun wedding – The Hindu BusinessLine
The Centre’s bid to ‘amalgamate’ Bank of Baroda, Dena Bank and Vijaya Bank to create India’s third-largest bank, has finally kick-started the much-awaited consolidation within
Bank amalgamation: Is it much ado about nothing? – The Hindu BusinessLine
The government’s move to amalgamate Bank of Baroda, Dena Bank and Vijaya Bank may have immediate gains but leaves key systemic challenges unresolved. In a
Bank Merger=-Consolidation blues | Business Standard Editorials
On Monday, the central government announced that it wanted to amalgamate three public sector banks (PSBs) — Bank of Baroda, Vijaya Bank and Dena Bank — to create a
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