Latest data show that loans to MSMEs by banks and NBFCs increased to Rs 12.60 lakh crore in March 2018, from Rs 7.06 lakh crore
Category: RBI–Banks
Bank depositors should be recognised as financial creditors in IBC cases – The Economic Times
y M R Umarji The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill ), which was introduced in Parliament, was recently withdrawn by the
Are MSMEs hampered by insolvency and Bankruptcy code? – The Financial Express
One of the issues that has not yet caught the attention of the government or the IBBI is the treatment of MSMEs under the resolution
Debt resolution under IBC process: Banks take 47% haircut in RBI first list | Business Standard News
With debt resolution under the Insolvency and Bankruptcy Code process picking up, banks have seen Rs 550 billion of recoveries at an average 47% haircut in the Reserve Bank of India’s (RBI) first
Lenders seek extension on resolution proceedings against Videocon Oil | Business Standard News
Led by State Bank of India (SBI), lenders have sought the Reserve Bank of India’s (RBI’s) permission to suspend debt resolution proceedings against Videocon Oil Ventures, a subsidiary of Videocon Industries,
Demonetisation: India wrongly blaming Rajan for the failed war on cash | Business Standard News
When there’s no trick left to defend a spectacularly failed experiment, blame Raghuram Rajan. If India’s top policy think tank is to be believed, the
Rupee likely to fall further: SBI – The Hindu BusinessLine
RBI’s sterilised intervention fails to yield results, says the bank’s research report The decline in the rupee, which closed at yet another all-time low
Rs 4.2 trillion debt to flow in from IBC resolutions by 2019: India Ratings – The Hindu BusinessLine
India Ratings and Research (Ind-Ra) expects around 45 per cent of total bad loans of Rs 10.2 trillion pertaining to the top 500 debt-heavy corporates,
Rupee to stabilise on its own, dip not due to domestic factors: Govt – The Hindu BusinessLine
With the rupee hitting a fresh low, the government Tuesday said the currency will stabilise on its own as there are no domestic factors contributing
RBI: Rupee weakness poses ‘dilemma’ for RBI at October meeting – The Economic Times
via RBI: Rupee weakness poses ‘dilemma’ for RBI at October meeting – The Economic Times
Videocon Industries: Defer insolvency action against Videocon arm: SBI to RBI – The Economic Times
via Videocon Industries: Defer insolvency action against Videocon arm: SBI to RBI – The Economic Times
NPAs, not demonetisation, caused slowdown: NITI Aayog VC Rajiv Kumar – The Economic Times
Bank NPAs during UPA regime hampered growth, not DeMo: NITI Aayog’s Rajiv Kumar NITI Aayog Vice Chairman Rajiv Kumar on Monday said the slowdown in India’s GDP growth rate
RBI data: Loan defaults by MSMEs doubled in last fiscal – The Financial Express
Micro, small and medium enterprises (MSMEs) seem yet to recover from the twin shocks of demonetisation in 2016 and a chaotic introduction of goods and
Commercial banks with over 10 branches to have internal ombudsman: RBI | Business Standard News
The Reserve Bank of India (RBI) Monday asked all scheduled commercial banks with more than 10 branches to appoint an internal ombudsman (IO). The apex bank has, however, excluded regional rural banks (RRBs) from
Hanging tough – The Hindu BusinessLine
The Allahabad High Court has rightly underpinned the RBI’s autonomy and upheld the sanctity of its tough actions on stressed assets In denying interim relief
IPPs to move courts seeking stay of RBI order on insolvency process – The Hindu BusinessLine
Several independent power producers are planning to individually move courts this week seeking relief from the Reserve Bank of India’s circular on the resolution of
Stressed assets: Liquidation, sale on piecemeal basis not the right strategy – NEWS – The Hindu BusinessLine
The liquidation of a company and sale of stressed assets on a piecemeal manner may not be the best way as valuations could further dip
RBI skips meet on stressed power assets; SBI, PNB seek time for resolution | Business Standard News
The first meeting of the high-powered committee (HPC) for resolving stress in the power sector did not see any attendance from the Reserve Bank of India (RBI)
Lending to power sector projects will have to stop: State Bank of India | Business Standard News
The nation’s largest lender State Bank on Friday said banks will have to “abort” lending to infrastructure projects, especially to the power sector, because of the harrowing
View: Cash ban may have driven Indians away from banks – The Economic Times
By Mihir Sharma The Indian central bank’s final tally of Prime Minister Narendra Modi’s 2016 demonetisation drive, intended to take money derived from tax evasion out of
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