via RBI: Rupee weakness poses ‘dilemma’ for RBI at October meeting – The Economic Times
Category: RBI–Banks
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
Banks serving summons to defaulters through WhatsApp, emails – The Economic Times
HDFC BankNSE -0.24 % and other lenders are using WhatsApp and email to pin down defaulters of various kinds, especially those who could slip through the cracks when more traditional
RBI Annual Report: How much is the bank liable if your account gets hacked? Here’s what RBI says–Economic Times
Your bank account hacked? Check where the liability lies Who is liable if you lose money through an unauthorised electronic banking transaction such as a
Will power NPAs claim a scapegoat?–Economic Times
Everyone is scared of someone. Bankers are reluctant to lend. The regulator is unwilling to relax the rules. The minister is hesitant to tell the
After bad loans, RBI flags rise in bank frauds too – The Hindu BusinessLine
It’s not just bad debts that are troubling banks. The Reserve Bank of India has expressed concern over the quantum jump in overall frauds in
RBI fire-fights to protect capital flows – The Hindu BusinessLine
The RBI, in its annual report, has highlighted that it has rationalised regulations to facilitate better cross-border flows in FY18. It is apparent that the
To prevent default, lenders must be proactive in monitoring credit: RBI – The Hindu BusinessLine
As default in payment is only a lagging indicator of a borrower’s financial stress, lenders need to be proactive in credit monitoring to identify financial
Call to improve bank governance – The Hindu BusinessLine
With major frauds being reported by banks in the recent past, including the ₹13,000-crore Letter of Undertaking fraud at Punjab National Bank, the Reserve Bank
Arriving at ‘fair’ value – The Hindu BusinessLine
A market for distressed assets is vital While the discussion on bank lending arrangements to large corporates is an ongoing one, the recent addition is
RBI urges govt to expedite reforms for twin balance sheet problem | Business Standard News
The Reserve Bank of India (RBI) wants the government to intensify its structural reforms to address the twin balance sheet stress as well as issues relating to taxation,