In FY 2018, some of the customers have shown a reasonable degree of growth in their turnovers. GST has also helped in reducing the administrative
Category: RBI–Banks
Want real stress? Try bad loans in India at 20% | Opinion | business news | Hindustan Times–28.06.2018
Imagine India’s GDP growth had collapsed to 3%; inflation was about to hit double digits; exports were tanking; and the country’s twin deficits – in
Reality check: On bank NPAs – The Hindu–28.06.2018
The worst is far from over for Indian banks. The financial stability report released by the Reserve Bank of India on Tuesday has warned that
PSU banks: PSBs account for 85% of bank fraud cases: RBI report – The Economic Times–27.06.2018
State-run lenders accounted for a staggering 85 per cent of nearly 6,500 fraud cases, amounting to more than Rs 30,000 crore, RBI‘s latest edition of Financial
Nearly one-fourth of banks loan book has turned sour: RBI report – The Economic Times–27.06.2018
The report also pointed out that earnings of the 14 weak banks have been worsening since September 2016 and “more efforts will be needed to
RBI deputy governor Viral Acharya praises Modi’s IBC, says bodes well for system – The Financial Express–27.06.2018
RBI Deputy Governor Viral Acharya today said initiatives like Insolvency and Bankruptcy Code and norms for prompt recognition of bad loans bode well for financial stability
Banks’ NPAs status to worsen to over 12% by fiscal-end: RBI – The Financial Express–27.06.2018
The gross non-performing assets (GNPAs), or bad loans, ratio in the Indian banking system is likely to rise from 11.6 per cent in March 2018
Buck stops with bank chairmen, boards | Deccan Herald–27.06.2018
The latest banking scandal to the surface is the Rs 3,000-crore fraud in Bank of Maharashtra (BoM) in which the CEO and Managing Director and
Off-balance sheet war chest of government?–Economic Times–26.06.2018
It’s still early stages, but the reported plan to have Life Insurance Corporation of India (LIC) infuse fresh capital in bad debt-laden IDBI Bank to
Leave LIC alone | Business Standard Editorials–26.06.2018
One of the options on the table for the revival of the troubled IDBI Bank is reportedly its purchase by the Life Insurance Corporation of India Limited, or LIC. Currently, India’s
Virtual ID: RBI asks banks to tweak systems by June 30 – The Financial Express–23.06.2018
The Reserve Bank of India (RBI) has asked all banks to tweak their systems by June 30 to enable the use of virtual IDs (VIDs)
RBI rate hikes are good for Indian economy, explains JP Morgan’s Jahangir Aziz – The Financial Express–23.06.2018
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
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
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