Allowing FDI in multi-brand retail, for instance, has the potential to bring in several billions of dollars immediately since, right now, several MNC retailers are
Category: RBI–Banks
Fix NCLT/NCLAT delays – The Financial Express
In the initial bidding round for Essar Steel, one of the bidders was Numetal whose shareholders included a trust in which Rewant Ruia was a
SBI puts Ballarpur Ind, Jai Balaji, Rohit Ferro Tech exposures on sale – The Financial Express
For one account — Modern India Concast — SBI has set a reserve price 27% higher than its outstanding of Rs 71 crore. State Bank
Rajan’s mantra to rein in NPAs includes a closer examination of Mudra loans | Business Standard News
In his reply to a parliamentary panel questionnaire on bank NPAs, or non-performing assets, former Reserve Bank of India (RBI) governor Raghuram Rajan has prescribed
NPA uncertainty deepens | Business Standard Editorials
On Tuesday, the Supreme Court issued an order staying further moves against the distressed power sector by its creditors. It also transferred all the pleas in various
An election-year syndrome | Business Standard Column
India’s macroeconomic fundamentals have a tendency to get worse about a year before the general elections. This may be a recent trend and there is also no causal connection
IBC: Relief for companies as SC stays RBI circular – The Hindu BusinessLine
In a breather to stressed companies, the Supreme Court on Tuesday put an interim stay on the Reserve Bank of India’s February 12 circular asking
Rupee tantrums – The Hindu BusinessLine
The focus should be on long-term reforms to plug the current account gap With the falling rupee and rising fuel prices turning into a burning
‘RBI should have pushed earlier for enactment of the Bankruptcy Code’ – The Hindu BusinessLine
The Reserve Bank of India should probably have raised more flags about the quality of lending in the early days of banking exuberance, said former
India, the fastest growing major economy, is sitting on a wobbly throne – The Economic Times
By Anirban Nag and Vrishti Beniwal India’s world-beating economic growth is running up against some big risks: high oil prices, emerging market stress as the
Rupee plunges to record low as current account deficit widens to 5-yr high | Business Standard News
The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of
Can the rupee fall be controlled? – The Hindu BusinessLine
Hedging oil contracts and addressing export finance hurdles will help. The RBI should articulate its view on the rupee The fall of the rupee has
RBI: India worried about rupee drop, mulls tapping NRIs – The Economic Times
A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite to
Raghuram Rajan | NPAs: Over-optimistic bankers, growth slowdown responsible for NPAs: Raghuram Rajan–Economic Times
Over optimistic bankers, slowdown in government decision making process and moderation in economic growth mainly contributed to the mounting bad loans, said former RBI Governor Raghuram
Stressed power firms: Relief for 2 power projects; Madras HC stays insolvency proceedings – The Economic Times
Madras High Court has granted interim reprieve to two private power companies by staying insolvency proceedings against their stressed assets. Several other firms, meanwhile, are likely to
Insolvency case: ICICI Bank moves NCLT against JP Associates – The Financial Express
ICICI Bank on Monday filed an insolvency case against Jaiprakash Associates before the Allahabad bench of the National Company Law Tribunal (NCLT), which issued notices
Bidding battle: ArcelorMittal ups the ante in the race for Essar Steel – The Financial Express
Steel major ArcelorMittal will up its bid for Essar Steel to Rs 42,000 crore and will also settle its dues of Rs 7,000 crore to
IBC and Companies Act: Accountability of owners – Will the bells toll now? – The Financial Express
Shuchi Dutta & Kaushik Dutta The year is 1982. A young Swraj Paul has just attempted a hostile takeover of DCM and Escorts, two leading
Falling Rupee: How to ease importers’ trauma | Financial Express
the immediate terror is the apparent acceleration of the fall since August, when it has fallen by nearly 4 rupees (around 6%) in a little
Bad Loan: Raghuram Rajan has a word of caution on MSME lending
Rajan said credit targets were sometimes achieved by abandoning appropriate due diligence, creating the environment for future NPAs. The next build-up of non-performing assets (NPAs)
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