Category: RBI&#8211;Banks

Till recently, the Insolvency and Bankruptcy Code (IBC) was projected by the government as a silver bullet for resolving the bad loans that have been plaguing the banking system.

After public outcry, Govt drops FRDI Bill – Business Line

The government has decided to drop the controversial Financial Resolution and Deposit Insurance (FRDI) Bill, thus allowing bank customers to breath easy. The Union Cabinet,

‘Govt should show seriousness in the viability of PSBs’ – MONEY & BANKING – Business Line

Tomorrow marks the start of the golden jubilee year of bank nationalisation in the country. In light of the troubles that public sector banks have

Government likely to withdraw controversial FRDI Bill in current Parliament session – The Economic Times

This provision had raised concerns that deposits could be used to bail out failing banks. The government is likely to withdraw the controversial FRDI Bill in the

Why PSBs have little to cheer about – The Financial Express

For a wide range of customers, the trust in banks is dwindling by the day. Neither the $2.6-trillion GDP, overtaking France, nor the EoDB rankings

Have loans? Reasons that can lead a small business to bankruptcy – The Economic Times

By Rishi Mehra Various events and the manner in which a business is run can lead to its bankruptcy. If you have creditors, it is

Why auditors needs to first put their house in order – The Economic Times

Bad loans of banks and corporate scandals have revealed the rot in the system. But what is at the centre of it all despite all

Insolvency process: Videocon lenders’ claims at Rs 59,000 crore – The Financial Express

The company reported a net loss of Rs 2,709 crore on net sales of Rs 13,743 crore in FY17, which was a 15-month period following

Ringside View: Inter-creditor agreement- dead on arrival? – The Economic Times

17 Jul 2018 Anil R Tikotekar

Banks have to initiate bankruptcy proceedings within 180 days of missing payments in any account above Rs 2,000 crore if they are unable to restructure.

Question marks over bad loan plan | Business Standard Column

Arvind Subramanian, the outgoing Chief Economic Advisor, thinks India’s bad loan problem can’t be solved in a year or two. Piyush Goyal, the minister in charge of

Hawk or dove? Inflation targeting put to acid test – The Financial Express

17 Jul 2018 Anil R Tikotekar

The moot question is how should the MPC respond? The flexible inflation targeting (FIT) regime, since its introduction, has had an easy ride. A dramatic

All you wanted to know about… – OPINION – Business Line

17 Jul 2018 Anil R Tikotekar

How do you restore faith in a country’s financial system when large chunks of its bank loans are turning bad? After going around in circles,

How MSME is the new retail? – The Financial Express–16.07.2018

We are living in a financially critical time cycle. Global growth outlook remains positive for the year 2018 despite threats from an expansionary US fiscal

Making Sashakt stronger | Business Standard Column–16.07.2017

Sashakt takes a much-needed stab at creating a structure outside the bank to systematically park distressed asset for resolution. The proposal of inter-creditor agreement to

ARC ‘cure’ may compound NPA disease – Business Line–16.07.2018

Low provisioning for security receipts against stressed assets could hurt banks Banks, which are already groaning under the burden of non-performing assets (NPAs) imposed

Forced bonding – OPINION – Business Line