Loose fiscal and monetary policies pushed India to the brink of crisis in 2013, for which taper tantrum was the trigger, writes JP Morgan’s Jahangir Aziz
Category: RBI–Banks
No witch-hunt of bankers, please–Economic Times–22.06.2018
If you are a self-proclaimed gangster running operations in Maximum City from a safe haven abroad, you will be the anti-hero of faux film noire.
Step up the oversight: Bank of Maharashtra scandal is just the latest to cry, banking governance is appalling–Times of India–22.06.2018
Banks have been making headlines for all the wrong reasons. If it is not a fresh surge in the level of bad loans, it is
Transmission troubles: on inefficient banking system – The Hindu–21.06.2018
The RBI continues to remain unable to influence the effective lending rates in the economy. In February, in its latest statement of intent to resolve
Bank salvation does not lie in mergers–Economic Times–21.06.2018
Reports say that the government is considering merging four public sector banks (PSBs), Bank of Baroda, IDBI Bank, Oriental Bank and Central Bank, which together
Rate hike: all’s not well in economy | Deccan Herald–20.06.2018
Rising inflation and high fuel prices prompted the Reserve Bank of India (RBI) to increase the benchmark short term interest rates by 0.25% for the
All you wanted to know about…Swiss Challenge – Business Line–19.06.2018
No, this is not about Federer challenging Rafa to a match on clay court. As many corporate bankruptcy cases in India get held up by
RBI alters ‘relative’ definition to check outward remittances – The Hindu–19.06.2018
Aims to prevent misuse of facility Concerned over funds sent abroad under the ‘maintenance of close relative’ category of the Liberalised Remittance Scheme (LRS), the
Why Urjit Patel is anxious about Fed tightening – Business Line–18.06.2018
Signs of stress are visible in the external debt data of the India’s private sector A day before the June monetary policy meeting, RBI Governor
P2P lending: Can India replicate the UK experience to achieve Sabka Saath, Sabka Vikas? – The Economic Times–17.06.2018
By Rajat Gandhi India is still struggling with a huge credit gap that is holding back the economy. Getting a bank loan is an extremely
Norms for FPIs to invest in debt eased, may boost rupee, corporate bonds | Business Standard News–17.06.2018
The Reserve Bank has eased investment norms for foreign portfolio investors (FPIs) in debt, especially into individual large corporates, a move that can help attract more overseas
[ NPAs ] Shine the light | The Indian Express–17.06.2018
It is one thing for a bank loan to be declared a non-performing asset (NPA) — that is, when the borrower has ceased to pay
Welcome Reform in India’s Bond Market–Economic Times–16.06.2018
There are welcome steps underway to have a liquid secondary market for corporate bonds, an institutional shield against future non-performing assets arising from banks funding
Bond losses: RBI allows banks to spread provisions | The Indian Express–16.06.2018
The Reserve Bank of India (RBI) on Friday allowed banks to spread their provisions against bond losses in the June quarter over up to four
Govt moves to get global funds to invest in an ARC for banks – Business Line–16.06.2018
The Centre may rope in multilateral financial institutions, global private equity firms, global pension funds and sovereign wealth funds to invest in the asset reconstruction
Governor is right: RBI should not have nominees on PSB boards | Business Standard Editorials–16.06.2018
There was much to answer for when Reserve Bank of India Governor Urjit Patel met the Parliamentary Standing Committee on Finance earlier this week. The committee, which has among its members
Bankruptcy | NPA: PSU bankers’ union challenges RBI’s February 12 bankruptcy circular–15.06.2018
AIBOC wants the high court to quash the circular. The biggest union of state-run banks has filed a writ petition in the Delhi High Court challenging the
It’s not just the CAD, even the BoP looks shaky – The Financial Express–15.06.2018
The oil bill, this year, will certainly be bigger than last year’s 9 billion. Weak exports, combined with a bigger oil bill, pushed India’s current
Fed hike is good for the US markets; FII outflow from India can accelerate | Business Standard News–15.06.2018
On the positive side, the Federal Reserve seems to think that the US economy is headed for better times. It feels that the growth is very robust
Use existing powers, RBI, to seek more–Economic Times–14.06.2018
The RBI governor Urjit Patel has soght more legislative powers to effectively regulate state-owned banks. His plea to the Parliamentary Standing Committee on Finance to
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