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.
Category: RBI–Banks
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
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
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
It is a bad idea to compel large corporate borrowers to take the bond market route After the recent bad loan saga, it has become
Banks pare student-loan exposure – Today’s Paper – Business Line—–
Banks are shying away from education loans, and the worry over increasing bad loans is to blame. In the one-year period beginning May 2017, the
Rising inflation, fiscal deficit may force RBI to hike rate by 50 bps – MONEY & BANKING – Business Line
A flurry of recent data, including rising CPI inflation, widening fiscal deficit and narrowing industrial production have led to expectations of a hike in interest
bad loan: CEA Arvind Subramanian praises Raghuram Rajan for identifying NPA problem – The Economic Times—–
Outgoing Chief Economic Adviser Arvind Subramanian today expressed scepticism over the handling of the mounting NPAs crisis as he praised former RBI governor Raghuram Rajan for identifying the lacuna
Arvind Subramanian | PSU Bank: India needs more private banks and only 3-5 PSU banks: CEA Arvind Subramanian
Outgoing CEA Arvind Subramanian said the country needs more reforms. Outgoing Chief Economic Adviser (CEA) Arvind Subramanian feels that Indian banking sector should have only a dozon
Banks mull AMC route for NPAs with Rs 1-2k-cr debt – The Financial Express
The banker quoted earlier that a lot of smaller power projects would qualify for this approach. Lenders are planning resolutions of stressed assets with outstanding
Panel proposes auction of NPA security receipts worth Rs 90,0000 crore – The Economic Times
The committee on bad-loan resolution led by Punjab National BankNSE -2.96 % chairman Sunil Mehta has suggested a live auction mechanism to help banks free up security receipts worth Rs 90,000
Accountants: Tighter rules coming up for CAs, valuers and monitoring agencies – The Economic Times
Sebi has proposed amendments to tighten laws governing auditors and other third-party individuals hired by listed companies for auditing financial results, among other things. The
SEBI may require firms to raise 25% of financing needs from bond market – Today’s Paper – Business Line
SEBI may make another attempt at building a vibrant market for trading in corporate bonds. On Wednesday, SEBI Chairman Ajay Tyagi said the regulator would
Project Sashakt: Several steps backward | Business Standard Column
There is no clarity on to how and why this will be different from the futile efforts of the last four decades in handling bad
Nothing new in Mehta panel report – Business Line
None of the recommendations give an immediate handle to attempt early resolution of NPAs in banks From a reading of the Sunil Mehta Committee report
Old wine, new bottle – Business Line
The Sunil Mehta panel’s proposals on the banks’ NPA problem are anything but original Project ‘Sashakt’ — the Sunil Mehta-led committee’s five-point plan on bad
Not so ‘Sashakt’ | Business Standard Editorials–06.07.2018
The government has approved a new scheme to address India’s enormous bad loans problem. The scheme, known as “Sashakt”, will divide stressed assets into three
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