Just when many started believing that the idea of a bad bank or an alternate vehicle to offload non-performing assets (NPAs) was stillborn and buried,
Category: RBI–Banks
A solution for non-performing assets? The main criticism of the AMC proposal relates to the source of funding – The Financial Express–06.07.2018
The non-performing assets (NPA) of banks have been climbing year after year and had reached 11.6% of gross advances by the end of March 2018.
Public, private banks ink pact for faster resolution of stressed assets | The Indian Express–06.07.2018
According to the pact, if 66% of the lenders agree to a decision with regard to a stressed asset, it will be enforceable on the
bad loans: Will the NPA black hole suck in the country’s entire banking universe? – The Economic Times–05.07.2018
To put the NPA problem in perspective, our banks’ stressed assets now stand at 9.6% of our GDP, or about half of Budget 2018. By
End The Mistrust: Prevention of Corruption Act needs to be amended, BJP must take the initiative–Tims of India–05.07.2018—–*****
In the run-up to a general election, it is customary for corruption to dominate political discourse. However, Union minister Arun Jaitley made a refreshing departure
Unsecured loans grow four times the bank credit: Crisil – Business Line–05.07.2018
According to a Crisil Research, as of March 2018, outstanding unsecured loans stood at about Rs 5 lakh crore, accounting for 26 per cent of
RBI tightens norms for banks’ auditors | The Indian Express–05.07.2018—–*****
The Reserve Bank of India (RBI) on Wednesday tightened rules on banks’ statutory auditors saying it will take action against them in case of any
India’s quick fix for banks has a loophole | Opinion | business news | Hindustan Times–05.07.2018
Each new day brings a fresh band-aid in India’s efforts to patch up its banks. Last week’s highlight was an egregious plan to dump moth-eaten
Bad loans are just the tip of the iceberg – Business Line–04.07.2018
Indian banks are hit not just by the alarming rise in NPAs but also by serious governance issues There has been an increased interest around
Rs 800-900 billion needed to resolve large toxic loans, says Sunil Mehta | Business Standard News–04.07.2018
The resolution of banks’ big-ticket stressed assets, those above Rs 5 billion, would need funds worth Rs 800-900 billion from domestic and international investors. So
Public sector banks draw up bad loan resolution plan – The Economic Times–04.07.2018
The alternate investment fund proposed by state-run banks under the five-pronged resolution plan drafted by them will look to raise funds from domestic investors and
A More Nuanced Plan for Resolution–Economic Times–04.07.2018
The move to create an alternate resolution plan for distressed assets in addition to the bankruptcy code is a good idea. The plan, proposed by
‘RBI’s new working capital norms likely to push up default rates’ | The Indian Express–04.07.2018
The Reserve Bank of India’s new draft guidelines on the disbursement of working capital credit are likely to hit the liquidity profile of the most
Jaitley speaks out against witch hunt of bankers – The Hindu–04.07.2018
Union Minister Arun Jaitley on Tuesday spoke strongly against the ‘witch hunt’ against the bankers by investigative agencies and said the Prevention of Corruption Act
No bad bank plan, but govt now has a 5-point strategy to deal with NPAs: FM Piyush Goyal – The Economic Times–03.07.2018
Finance minister Piyush Goyal on Monday said that government has accepted a report submitted by a committee of bankers led by Punjab National Bank chairman Sunil
Mehta panel submits 5-point plan to fight NPAs – Business Line–03.07.2018
The high-level committee on restructuring stressed assets and creating more value for public sector banks (PSBs) has suggested a transparent market-based solution with a focus
Can ARCs ease banks’ burden? – Business Line–01.07.2018
With banks reeling under bad loans, talk of setting up a public asset reconstruction company has flowed and ebbed. In this context, we look at
NPA conundrum – Business Line–01.07.2018
The Financial Stability Report spells out the bad loan issues but falls short on solutions Despite a spate of recent efforts, the non-performing assets in
Raman quits RBI panel, says CBI chargesheet created ‘anguish’ | The Indian Express–01.07.2018
Former Canara Bank Chairman and MD S Raman, against whom the Central Bureau of Investigation (CBI) has filed a charge sheet in connection with an
One-day rule: Defaults jump, hit Rs 1.2 lakh crore – The Financial Express–29.06.2018
More than 4,000 borrowers with outstanding loans of Rs 1.2 lakh crore have defaulted under the Reserve Bank of India’s (RBI) one-day default norms as
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