As much as ₹5-lakh crore of bank loans deteriorated into the non-performing asset (NPA) category in fiscal 2018, according to credit rating agency Crisil. But
Category: RBI–Banks
Financial Products and Services: RBI launches Financial Literacy Week, focus on consumer protection – The Economic Times–05.06.2018
The Reserve Bank of India today launched Financial Literacy Week across the country with customer protection as its main theme. The event will focus on creating awareness among customers
RBI must increase liquidity, wait to raise repo rates – The Financial Express–05.06.2018
While rising inflation could prompt RBI to harden its stance post the monetary policy review on Wednesday, even if it doesn’t actually hike the repo,
Monetary policy can only turn hawkish – Business Line–05.06.2018
For the MPC, the good news is the buoyant fourth quarter GDP number, the bad news is the rising crude price The second bi-monthly Monetary
Economy–Repair and recover | The Indian Express–05.06.2018
GST itself has stabilised, as businesses have adjusted to the new indirect tax regime, leading, in turn, to better compliance and revenue buoyancy. Slowly and
The MPC will be walking on eggshells – Business Line–04.06.2018
The Monetary Policy Committee has to take a careful call on policy rates in a delicate situation, keeping an eye on growth The long-run impact
A senior adviser to PM Modi believes RBI needs better rupee policy | Business Standard News–01.06.2018
India’s central bank should step up its fight to curb turbulence in the rupee and ensure the currency doesn’t swing wildly, a senior adviser to
Allahabad, Dena Banks’ corporate borrowers told to find new lenders | The Indian Express–01.06.2018
RBI has banned both from issuing new loans due to bad performance. Corporate borrowers of Dena Bank and Allahabad Bank, which have been restricted from
1 year of RBI’s ‘Dirty Dozen’: How Modi’s IBC crusade on massive NPA began and created history! – The Financial Express–30.05.2018
Modi’s IBC crusade: Last June, the Reserve Bank of India (RBI) released a list of 12 companies constituting 25% of India’s total NPAs (Non-Performing Assets)under thename ‘Dirty
Sending a signal: RBI should consider raising rates, even if by 25 bps | Business Standard Editorials–30.05.2018
The Reserve Bank of India’s monetary policy committee (MPC) will meet for three days from June 4 to examine the direction of monetary policy and interest rates.
Bond rush – Business Line–30.05.2018
Retail NCD offers are picking up, but investors don’t seem to fully appreciate risks Retail bond offers are showing renewed buoyancy after muted activity for
Wrongfully penalised – Business Line–30.05.2018
When banks err, shareholders pay the price The Reserve Bank of India, in an order dated May 14, imposed a penalty of ₹5 crore on
State-owned banks, reinvent yourself–Economic Times–29.05.2018
Banking frauds have reportedly cost nationalised banks as much as Rs. 25,775 crore, in the last fiscal alone. It is also a fact that public
SBI tackles the problem | Business Standard Editorials–29.05.2018
State Bank of India (SBI) recorded a historically high quarterly loss in January-March 2017-18, according to the results released last week. The loss, of Rs 77.18
Bad loans: Are we celebrating the outliers? | Business Standard Column–29.05.2018
To the loud, self-congratulatory tweets of policymakers and politicians, supported by the media (which is quick to declare a few data points as a major
RBI’s efforts may not be enough | Business Standard Column–28.05.2018
The next Reserve Bank of India (RBI) Monetary Policy Review in early June will be watched with keen interest. Inflation is rising, fourth quarter (Q4) results are
Not even Rs 1 lakh crore NPA resolved and 26 banks sitting on whopping Rs 7.3 lakh crore bad loans volcano – The Financial Express–26.05.2018-R
The NPAs of 26 banks were Rs 7.31 lakh crore on March 31, 2018. Narendra Modi government’s Insolvency and Bankruptcy Code (IBC) was hugely celebrated after
$32 billion bank recap plan for state banks tumbles, as losses mount | business news | Hindustan Times–26.05.2018
When the government announced a surprise $32 billion bailout plan for the nation’s state-controlled banks last October, credit rating firms and the nation’s central bank
Signals from a bankruptcy | The Indian Express–25.05.2018
A Taliban prisoner once told an American soldier: “You have the watches, but we have the time.” His quip was not different from what defaulting
Oil prices and US interest rates control rupee’s fate – The Economic Times–25.05.2018
Where the rupee finally settles and finds a degree of stability will depend on whether this sudden sharp turn in sentiment sustains. Let’s get a