It is difficult to comprehend a situation in which we confront inflation outside food—the so-called “core inflation”. The narrative about food inflation being the key
Category: RBI–Banks
Why push for a bad bank when NCLT working fine – The Financial Express–12.06.2018
Last year, when the Economic Survey made a pitch for a bad bank—Public Sector Asset Rehabilitation Agency (PARA)—the primary reason for doing so was that,
Reserve Bank aims to tighten working capital loan norms – The Hindu–12.06.2018
Proposes at least 40% loan component in credit of ₹150 cr. and above from Oct. 1 The Reserve Bank of India (RBI) has proposed a
Public Credit Regisgtry–Don’t spoil a good idea with monopoly–Economic Times–10.06.2018
The RBI’s High-Level Task Force on creating a Public Credit Registry (PCR) for India has recommended an in-house repository having extensive information on all borrowers.
Welcome reform of the bond market: RBI’s latest steps will improve capital allocation–Economic Times–10.06.2018
The Reserve Bank of India has announced welcome steps to shore up the government securities (G-Sec) market. It would boost financial sector development, better determine
These platforms are creating a difference by empowering the MSME sector – The Financial Express–10.06.2018
Government and RBI have been working on empowering MSMEs. After special schemes to support the segment, the government also announced the allocation of 3lakh crores to MUDRA Bank under
Bankers’ panel to study setting up of reconstruction firm for NPA clean-up – Business Line–09.06.2018
The possibility of floating an asset reconstruction company (ARC) and/or an asset management company (AMC) for faster resolution of stressed assets, need for consolidation to
Mid-year auditor exits rise sixfold in six years – The Hindu–09.06.2018
Mid-year auditor exits rise sixfold in six years Growing friction between them and companies over sharing of financial information could be one of the reasons
RBI amends Gold Monetisation Scheme to make it more attractive – The Financial Express–08.06.2018
The Reserve Bank of India (RBI) has made changes in the Gold Monetisation Scheme (GMS) to make it more attractive. The revamping of the scheme
PSBs recapitalisation plan insufficient to support credit growth, says global ratings agency Moody’s – The Financial Express–08.06.2018
Global ratings agency Moody’s today said the government’s recapitalisation plan for 21 state-run banks will help them in meeting regulatory capital needs, but will be
Monetary tightening – more to come – The Financial Express–08.06.2018
Pre-empting this week’s interest rate hike, RBI governor, Urjit Patel, published a very interesting article in the Financial Times over the weekend which provides some insight into
India may cut expenditure to stick to 3.3% fiscal deficit: Moody’s – Business Line–08.06.2018
Moody’s Investors Service today said it expects India to stick to the estimated fiscal deficit of 3.3 per cent of GDP and even cut capital
HR issues in banks – Business Line–08.06.2018
Poor internal management and the NPA mess Public sector banks are battling with non-performing assets (NPAs) and frauds. There’s much discussion going in public forums
RBI relaxes NPA classification norms for MSMEs under GST | Business Standard News–08.06.2018
In a major relief to MSMEs, the Reserve Bank on Wednesday eased NPA classification norms for such units facing input credit linkages and associated issues
RBI says rate hike wasn’t meant to boost rupee; analysts say it will | Business Standard News–08.06.2018
Reserve Bank of India Governor Urjit Patel signaled that Wednesday’s interest-rate hike was not aimed at defending the rupee. Analysts say that the move will still provide the much-needed
All options open: Repo rate increase signals RBI’s intent | Business Standard Editorials–08.06.2018
Taken in isolation, the unanimous decision of the Monetary Policy Committee (MPC) to increase the benchmark repo rate by 25 basis points 1 the first
Narendra Modi: RBI rate hike upsets PM Modi’s election year budget math – Times of India–08.06.2018
The Reserve Bank of India’s (RBI) first interest rate rise since Prime Minister Narendra Modi came to power could not have come at a worse time for
SBI Chairman Rajnish Kumar interview: ‘Days of over leveraging, thin equity are behind us; NPAs will also start to come down soon’ | The Indian Express–08.06.2018
With banks empowered after the Insolvency and Bankruptcy Code (IBC), there’s consciousness about “the need to pay on time” and the “days of over leveraging”
Pan Card: PAN becomes mandatory for sending money abroad for kids studies, investing: LRS rules tightened–Economic Times–07.06.2018
Earlier PAN was not insisted upon for putting current account transactions of up to USD 25,000. You won’t be able to send money abroad for
The power sector solution that is not–Economic Times–06.06.2018
Lenders have identified 11 power projects with a combined installed capacity of nearly 13,000 MW that have turned into non-performing assets for a special resolution
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