Banks expect a haircut of about Rs 50,000 crore under the proposed asset management company (AMC)/Alternate Investment Fund (AIF) model for resolution of stressed loans.
Category: RBI–Banks
ET View: Caution on poll-year inflation behind policy rate hike – The Economic Times
A remarkable feature of the statement issued by the committee is the total silence on the subject of the exchange rate and the possible effect
What RBI policy means for banks, markets, deposit holders: Key takeaways | Business Standard News
The RBI policy decision does come as a surprise given that the overall inflation projections have not really changed significantly for the year being put at 4.6%
Ahead of the curve | Business Standard Editorials
The six-member monetary policy committee of the Reserve Bank of India had a difficult job on hand in an uncertain environment. While headline retail inflation
RBI strikes another blow in inflation fight – The Hindu BusinessLine
The Monetary Policy Committee of the Reserve Bank of India on Wednesday decided to increase the repo rate by 25 basis points to 6.5 per
Higher interest rates are here to stay – The Hindu BusinessLine
With the credit policy of the RBI being announced six times a year, the expectations are that the action to be taken would be based
MPC overreacts – The Hindu BusinessLine
Citing “uncertainty over domestic inflation”, the Monetary Policy Committee (MPC) has opted for back-to-back repo rate hikes, as a result of which the borrowing rate
To boost priority sector lending, RBI allows banks to co-originate loans with NBFCs – The Hindu BusinessLine
In a bid to give a leg-up to priority sector lending, the Reserve Bank of India, on Wednesday, said all scheduled commercial banks will be
We require national consensus on loan waivers: Karnataka Bank MD Mahabaleshwara – The Economic Times
We have revamped collection mechanism to prevent further slippages of loans under stress Karnataka BankNSE -1.70 % will turn 100 in six years. The Mangaluru-headquartered private
Amendments to Prevention of Corruption Act may provide shield to beleaguered bankers – The Economic Times
The amendment to the section 13 of the bill will protect the interest of the bankers in taking decisions in the course of conducting the
RBI begins simultaneous annual financial inspections for banks | Business Standard News
The Reserve Bank of India (RBI) has begun simultaneous Annual Financial Inspections (AFIs) for banks for the 2017-18 financial year with an aim to collate a system-wide note on
S&P upbeat on India’s NPA-laden banking system, expects it to strengthen over 2 years – The Financial Express
India’s weak banking system will strengthen over couple of years as stressed loans are cleared and capital base expanded by government’s fund infusion in state-owned
Stay Out: Bank of Baroda chief advises government to loosen its grip over PSU banks – The Financial Express
via Stay Out: Bank of Baroda chief advises government to loosen its grip over PSU banks – The Financial Express
Asset quality review: RBI auditing banks’ books for weak accounts – The Financial Express
The Reserve Bank of India (RBI) has, for more than three weeks, been checking for stressed assets on banks’ books to ensure no “weak” account
Quo vadis public sector banks? – The Hindu BusinessLine
More than the bad loans and the losses, what should worry us is the state of lending At ₹10-lakh crore, India’s bank NPAs crossed a
Inputs for Allahabad High Court: RBI’s one-size-fits-all policy imprudent, says Finance Ministry – The Financial Express
The RBI’s February circular stipulates a one-day default rule on term loans, which mandates treating a borrower who misses repayments as a defaulter the very
Speeding up NPA resolution: The inter-creditor agreement is better than the earlier JLF system – The Financial Express
The inter-creditor agreement (ICA) signed by two dozen banks and expected to be signed by other lenders—mainly insurance companies and financial institutions—should help speed up
Anti-graft Bill: Amendments will help quicken decision-making, say experts | Business Standard Column
The amendments will help quicken decision-making among civil servants, though it may not help those who are congenitally non-decision makers. The honest public servant should
Inter-creditor agreement: Legal issues may affect operations, say experts | Business Standard Column
Barely days after 24 public sector banks signed an inter-creditor agreement (ICA), as part of recently initiated bank-led resolution approach (BLRA) to deal with distressed assets, there appears to
Stressed assets: Govt wants IBC relief for a dozen power projects | Business Standard News
The Centre, in its submission to the Allahabad High Court, could seek regulatory relief for a dozen power projects with an overall debt exposure of around Rs
