The Insolvency and Bankruptcy Code, 2016 (the Code), shall be two years old next month with mixed experience, despite government’s move at an unprecedented pace to operationalise
Category: RBI–Banks
Banks Bottom Line–Brief respite – Business Line–16.04.2018
What was to be a catastrophic quarter for banks could well turn out to be a comforting one, thanks to the dispensations that the RBI
No friction with RBI, different views natural: Economic affairs secretary Subhash Chandra Garg – The Economic Times–16.04.2018
Investment revival is expected now. You don’t invest when there is spare capacity, you invest when capacities have been breached and you need fresh capacities,
Bonds issued by corporates touch ₹6 lakh crore – Business Line–14.04.2018
Corporate bond issuances in the last fiscal totalled ₹6 lakh crore, but the market is still dominated by private placements, a report from Care Ratings said.
Governor Patel, stay firm on bank norms–Economic Times–14.04.2018
Reserve Bank of India governor Urjit Patel has done the right thing to rule out any dilution in the norms for bad loans in the
GST: Yes Bank launches an industry first GST backed OD facility for MSMEs–Economic Times–14.04.2018
Yes Bank has announced the launch of ‘Yes GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this an MSME can avail OD up to
IBC: Government needs to re-look at certain provisions of IBC: Uday Kotak – The Economic Times–13.04.2018
Kotak said the rules of bidding should be like a prospectus where it should be clearly stated what is the basis on which the bids
The hard choice: Banking over banker–Economic Times–12.04.2018
At a time when public confidence in banking has been shaken — 16% of banks’ asset portfolio is stressed, 11 public sector banks are in
Banks’ joust with RBI on new NPA framework reaches House panel–Deccan Chronicle–12.04.2018
A Parliamentary panel on Tuesday met Reserve Bank governor Urjit Patel and top bankers to discuss the revised NPA framework. Lenders are seeking respite from
Clear the banking mess and let small businesses thrive–Economic Times–11.04.2018
It is disconcerting that half the country’s state-owned banks are now under the RBI’s watch-list for their deteriorating health. Reportedly, more banks could come under
Boldly but carefully | Business Standard Editorials–11.04.2018
There is a new and palpable energy to the authorities’ attempts to run down cases of financial fraud that involve India’s banking sector. This is
Why Chanda Kochhar must resign – Business Line–11.04.2018
Propriety, and the high standards of corporate governance that the bank swears by, demand that she step down right now Nemesis for many celebrities comes
The hard choice: Banking over banker–Economic Times–11.04.2018
At a time when public confidence in banking has been shaken — 16% of banks’ asset portfolio is stressed, 11 public sector banks are in
For smoother resolution – Business Line–10.04.2018
The Insolvency Committee has addressed many contentious issues plaguing resolution process In view of conflicting rulings by the National Company Law Tribunal (NCLT), numerous appeals,
How banks can improve recoveries under Insolvency and Bankruptcy Code – The Financial Express–09.04.2018
PSU banks have not been able to achieve significant improvement in recoveries even post the enactment of the Insolvency and Bankruptcy Code (IBC). We believe
Amending IBC: Need clarity how home buyers will be protected, says expert | Business Standard Column–09.04.2018
The recommendations of the Insolvency Law Committee appointed by the Ministry of Corporate Affairs if accepted will give a fresh boost to the Insolvency and Bankruptcy Code
Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch | The Indian Express–09.04.2018
Government sources also confirmed that at least three-four more banks are expected to be brought under the PCA framework because of deteriorating performance. Lending to
When the supervisor slept | The Indian Express–09.04.2018
The matter pertaining to the ICICI Bank’s CEO Chanda Kochhar goes beyond the question of propriety. It follows close on the heels of the Punjab National Bank-Nirav
Will IBC bankrupt banks? – The Hindu–09.04.2018
Mrs. Bumble had broken some trinkets but it was her husband who was held guilty… “Indeed, You are the more guilty of the two, in the
The monetary policy committee report – Business Line–08.04.2018
So, Chotu, what was Urjitbhai up to today? Bank stocks seem to have had a lot of fun. Arrey Motu, you know that Urjitbhai has
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