The share of credit provided by banks to micro, small and medium enterprises (MSMEs) has declined since September 2016, even as the share of loans
Category: RBI–Banks
Govt asks RBI to water down PCA scheme, feels norms have put burden on PSBs | Business Standard News
The government has asked the Reserve Bank of India (RBI) to consider diluting the Prompt Corrective Action (PCA) framework, to ensure that regulatory sanctions against
RBI is right | Business Standard Editorials
The Allahabad High Court is set to hear on Monday the Reserve Bank of India (RBI)’s final submissions on a case filed by power companies
Cosmos Bank Hacking: North Korean connection to Cosmos hacking? Signs point to Bangladesh heist masterminds–Economic Times
The highly orchestrated event could be the handiwork of Lazarus, North Korea’s most prolific hacking group Hackers targeted an 112-year-old Pune bank, Cosmos, last week in
NPA worries: Outlook on banks to remain negative, warns Fitch; this whopping amount needed to bolster capital – The Financial Express
The rating agency believes the country’s banks will need USD 40-55 billion in additional capital to meet the Basel-III requirements by 2019. The outlook for
Lenders can sell assets of personal guarantors under IBC: Apex court – The Financial Express
The Supreme Court on Tuesday ruled that banks can sell off assets of personal guarantors even when corporate resolution proceedings are on against the corporate
A new all-time low: Rupee at 70 a dollar now, but let us be reasonable | Business Standard News
The rupee has already plunged under 70 to a dollar. How much more? The question is very relevant, now that the rupee has breached that
Rupee rumbles – The Hindu BusinessLine
The rupee’s move towards the 70 mark against the dollar in the recent bout of weakness triggered by contagion-risk in emerging market currencies helps highlight
How Corporation Bank’s ‘halla bol’ on NPAs began yielding results – The Hindu BusinessLine
The Hindi phrase ‘halla bol’ is usually associated with aggression. However, Mangaluru-based Corporation Bank is using it in a peaceful way to raise its voice
Banks’ outlook negative till capital position improves: Fitch – The Hindu BusinessLine
The outlook on Indian banks will stay negative due to weak core capitalisation, expectation of elevated credit costs, and poor earnings, Fitch Ratings said on
‘NPA additions to slow down after Sept 2019’ – The Hindu BusinessLine
The overall stress in commercial lending has not been increasing and the NPA addition to the banking system is expected to slow down after September
RBI lens on 200 bad-loan accounts – The Economic Times
The Reserve Bank of India (RBI) has been examining about 200 bad-loan accounts going as far back as 2011as part of its annual inspection of
Bad loans in education sector on the rise, shows official data – The Financial Express
While disbursing the loans, banks follow the Indian Banks Association’s (IBA) model education loan scheme, which provides for repayment period of up to 15 years.
What’s your revival plan, SBI asks Jet Airways seeking more loans – The Economic Times
Financially troubled Jet AirwaysNSE -0.94 % has asked State Bank of IndiaNSE -2.53 % for emergency funding, but the bank that burnt its fingers with Kingfisher AirlinesNSE -11.11 % is demanding
Power sector NPAs: Govt, RBI’s different stand in HC could create confusion | Business Standard Column
Insolvency concerns might have caused further distress in a large number of infrastructure companies but the power sector is being dealt with by the government differently. The
Why banks have not hiked savings deposit rates, yet – MONEY & BANKING – The Hindu BusinessLine
It was in July last year that SBI’s unceremonious 50 bps cut in savings deposit rate had rattled depositors and triggered a spate of similar
SC’s call on realty will help lenders and home-buyers – The Financial Express
The SC has also done well to allow a fresh round of bidding for Jaypee Infratech without excluding the earlier bids presented—this will allow greater
The RBI and the real sector | Business Standard Column
Last month someone posted a very interesting link on Twitter: https:// http://www.newyorkfed.org/ research/epr/2018/ epr_2018_political-origins_sastry.html It is about something that matters in the current Indian context: The
Nothing called partial defaulters, IBC must apply equally to all: RBI | Business Standard News
The Reserve Bank of India (RBI) in its submission to the Allahabad High Court, which is hearing a case filed against the Insolvency and Bankruptcy Code (IBC),
Former Bhushan Steel promoter Neeraj Singal held for siphoning off Rs 20 bn | Business Standard News
The Serious Fraud Investigation Office (SFIO) has arrested Bhushan Steel’s former promoter Neeraj Singal after an investigation was conducted on the company and the promoter. The SFIO arrested him
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