During the brief respite from the sharply rising volatility in most emerging market (EM) exchange rates (including the rupee), key policy decisions on exchange rate
Category: RBI–Banks
Floating NRI bond: A worthwhile idea whose time may not have come yet | Business Standard News
The first intervention of the government in steadying the rupee has been by announcing measures on ECBs, FPI and Masala bonds. Clearly the focus is on looking at enhancing
Rupee depreciation: Economists say governments steps will lift sentiment – The Economic Times
Economists feel the government measure to address the current account deficit and rupee depreciation may improve sentiment and were just the limited response that was needed, but
Government moves to arrest Re depreciation to have limited impact: Report – The Economic Times
The Japanese firm said it expects more measures going forward. The government’s rupee depreciation arresting measures announced Friday may not drive fund inflows and are a negative
Bimal Jalan: Along with ECB tweaking, ensure steps to prevent flight of capital and BoP situation: Bimal Jalan – The Economic Times
Highlights The government is sending out a signal that we will manage it. I am hoping much of it works and the rupee starts appreciating
Housing Development Finance Corporation: Keki Mistry on what more govt could do to stench rupee fall
Well, I guess, it is a case of global factors being extremely negative from our perspective. Oil prices being where they are, US economy being
IBC-Loan recast: Government seeks 80 more days for lenders – The Economic Times
Bankers fear that the resolution process will come to a halt for two months. The government has asked the Reserve Bank of India (RBI) to provide at
Banks merger a progressive step: Ficci – The Economic Times
Industry body Ficci Monday termed the government’s decision to merge three state-owned banks as a progressive move, noting that it signifies the government’s commitment to strengthen the
Global factors to be blamed for rupee depreciation, says Finance Minister Arun Jaitley – The Financial Express
Finance Minister Arun Jaitley Monday blamed the depreciation of rupee to a combination of global factors, including trade war and internal policy decisions of the United States.
There’s overwhelming proof of IBC’s success, but Kapil Sibal sees cronyism in it – The Financial Express
IBC has resulted in defaulters, like the Ruias of Essar Steel, losing control of their companies, it is clearly anti-crony. Former telecom minister Kapil Sibal,
Return of the financial crash? – The Financial Express
As it was the tenth anniversary of the collapse of Lehman Brothers, the talk in town has been of a recurrence of that nightmare. As
Raghuram Rajan’s AQR for PSBs wasn’t a pragmatic move – The Financial Express
Banking dynamics were changing during Rajan’s Governorship, so were policies of regulator. The Note reads like a list of reaction function, not a research-based, policy-driven
RBI rejects Maharashtra Bank request to set off Rs 2,543 cr losses against share premium amount – The Financial Express
The Pune-headquartered state sector lender had got approval of board and shareholders to set off the accumulated loss of the bank as on March 31,
IBC–Liquidation of stressed firms: Creditors staring at 92% haircut – The Financial Express-R
The liquidation value of the 124 companies has been pegged at just Rs 4,817 crore, while the total admitted claims of creditors (both financial and
Merger of banks: This is the best combination possible, says Vijaya Bank MD | Business Standard News
Vijaya Bank’s Managing Director and Chief Executive Officer R A Sankara Narayanan Bengaluru-based Vijaya Bank’s Managing Director and Chief Executive Officer R A Sankara Narayanan said these
IBC process: Delays put role of adjudicating authorities in spotlight | Business Standard News
Last week, the Supreme Court observed that the role of adjudicating authorities came only after a resolution plan is finalised and said that they were
The fair value of rupee | Business Standard Column
While the recent fall of the rupee against the dollar has raised concerns, the moot point here is — has the rupee really fallen. Leave aside the dollar, which
NPA–Banks’ credit costs to stay at 2-3% till FY20, says India Ratings | Business Standard News
Banks will continue to see their credit costs (amount set aside for bad loans) stay at 2-3 per cent in FY19 and FY20 because of ageing
Rupee resumes fall as govt measures fail to click – The Hindu BusinessLine
It was a volatile week for the Indian rupee. The currency tumbled to a new record low of 72.91 on Wednesday, and recovered sharply from
Bank Merger–Amalgamation plan puts Bank of Baroda’s recovery efforts on the backburner – The Hindu BusinessLine
After the merger of State Bank of India with its five associate banks, Bank of Baroda had long been under focus for possibly being the
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