While the RBI claims it has been meeting the demand for cash, the body that represents ATM managers say they are starved of cash and
Category: RBI–Banks
Cash is still king: On ATMs running dry – The Hindu–20.04.2018
Nearly 18 months after the government’s decision to scrap currency notes of ₹500 and ₹1,000, which accounted for over 86% of the currency in circulation
Focus on market for resolution assets–Economic Times–20.04.2018
It is welcome that the first resolution under the Insolvency and Bankruptcy Code (IBC) has been completed, with the National Company Law Tribunal (NCLT) approving
Indian banks’ NPA woes: Privatisation no solution; stronger watchdog maybe? | Business Standard News–20.04.2018
To many economists, the solution to India’s bad-loan crisis appears as obvious as the problem: Privatize state-owned banks, which have racked up billions more in
Kotak Bank’s rise: Deserts of Diligence–Economic Times–20.04.2018
Kotak Mahindra Bank on Monday surpassed India’s largest lender State Bank of India (SBI) in market value to become the second most valued lender in
Reserve Bank of India – Speeches–Deputy Governor Mr. N. S. Vishwanathan–19.04.2018—–*****
1. Chief guest, Shri M. Damodaran, Dr. Dhingra, Director NIBM, other dignitaries on the dais, distinguished bankers, faculty and staff of the institution, proud parents,
bad loans: RBI worried over rise in one-day default norms breach – Times of India–19.04.2018
Reserve Bank deputy governor NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm, and asked the
PSB Privatisation: Former Sebi chief M Damodaran squarely blames Delhi politicians for PSB mess – The Economic Times–19.04.2018
Former Sebi chairman M Damodaran blamed the telephone calls from Delhi to Mumbai for the myriad problems that public sector banks face now and warned
New NPA resolution norms outcome oriented, flexible: RBI – The Financial Express–19.04.2018
Defending the Reserve Bank of India’s (RBI) norms on resolution of banks’ non-performing assets (NPAs), or bad loans, announced in February, RBI Deputy Governor N.S.
SBI: Cash crunch artificial, more money in circulation than before DeMo: Rajnish Kumar, SBI–18.04.2018
Cash crunch situation overrated, dispensing Rs 33K cr cash daily: SBI Chairman In an interview with ET Now, Rajnish Kumar, Chairman, SBINSE -0.34 %, says the bank had
RBI must not relax new rule – Here is why – The Financial Express–18.04.2018
Ever since the Reserve Bank of India (RBI) came up with stringent rules for identifying and dealing with stressed exposures, both banks and the government
Protecting the insolvency process | Business Standard Editorials–18.04.2018
In February, the Reserve Bank of India (RBI), which serves as the banking regulator and is thus overseeing the bank asset clean-up process, had announced stringent norms
[Banks] Brief respite – Business Line–18.04.2018
The RBI’s recent dispensations will provide only a brief respite, while doing little to restore confidence in the banking system What was to be a
The great bank fiddle | The Indian Express–17.04.2018—–*****
It is now clear that India’s current banking crisis is a child of multi-decade action and inaction by the RBI and the Department of
RBI may loosen NPA norms to let banks breathe easy – The Economic Times–17.04.2018
The Reserve Bank of India (RBI) may relax some of the stringent norms for treatment of bad loans that it announced in February without diluting their spirit,
IDBI Bank: NCLT admits S Kumars for insolvency proceedings–Economic Times–17.04.2018
The Mumbai chapter of the National Company Law Tribunal (NCLT) last week admitted textiles and apparel company S Kumars NationwideNSE 20.00 % for insolvency proceedings after the state-owned IDBI
Alok Industries: Alok lenders reject Reliance Industries-JM Financial ARC’s revised offer – The Economic Times–17 04 2018
Lenders to Alok IndustriesNSE -9.76 % have rejected a revised offer by Reliance Industries-JM Financial ARC to acquire the bankrupt company, implying that the borrower may head
RBI should stay firm on bankruptcy norms–Economic Times–17.04.2018
The finance ministry reportedly wants the Reserve Bank of India (RBI) to ease the norms for bad loans, ostensibly to prevent mass corporate distress. This
Insolvency and Bankruptcy Code: There is no alternative to the process – The Financial Express–17 04.2018
The Supreme Court’s disinclination to interfere in the Insolvency and Bankruptcy Code (IBC) process and entertain a petition by Binani Industries to terminate insolvency proceedings
As banks shy away from education loans, NBFCs see a lucrative opportunity | Business Standard News–16.04.2018
While public sector banks are facing high accretion of non-performing assets (NPAs) in the education loans, leading to a marked slowdown in growth, non-banking finance companies (NBFC) are expanding
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