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
Category: RBI–Banks
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
REER as rupee’s fair value signal is hazy | Business Standard Column
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
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.