In its most recent meeting, the Monetary Policy Committee (MPC) of the RBI raised the policy interest rate for the first time since it was
Category: RBI–Banks
Low recoveries of NPAs: RBI data – The Hindu–13.06.2018
Low recoveries of NPAs: RBI data Sobhana K. Nair Figures provided by RBI Governor Urjit Patel before parliamentary Standing Committee on Finance show write-offs mainly
No easy solutions: on tackling NPAs – The Hindu–13.06.2018
A ‘bad bank’ is not a magic bullet; tackling NPAs requires other structural reforms as well Union Minister Piyush Goyal, currently in charge of the
RBI releases draft norms to modify loan system for large borrowers – The Economic Times–12.06.2018
The Reserve Bank today came out with draft guidelines on loan system for delivery of bank credit to improve discipline among larger borrowers enjoying working capital facility from the banking system. The draft
How depositors are affected when there are frauds, NPAs, explains ex-RBI governor YV Reddy – The Financial Express–12.06.2018
Former RBI governor YV Reddy has slammed the government and the central bank for the Rs 13,000 crore scam at the Punjab National Bank (PNB), saying that there
Taming India’s core inflation: Rate hike was inevitable, but sticking to neutral stance risks MPC’s credibility – The Financial Express–12.06.2018
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
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
aniltikotekar4sme.com 