The Reserve Bank of India on Thursday relaxed the requirement for banks to implement the Indian Accounting Standards (Ind AS) from April 1, 2018 by
Category: RBI–Banks
RBI’s monetary policy review: Central bank’s stance signals positive change | Business Standard News–06.04.2018
The Reserve bank of India’s (RBI’s) monetary policy committee (MPC), in its first bi-monthly monetary policy review of 2018-19 on Thursday, decided to maintain the status quo on key
RBI’s puzzling inflation projection – Business Line–06.04.2018
Governor Urjit Patel has delivered a dovish policy that will make the bankers smile The risks to inflation are higher than they have been for
Less than interesting – Business Line–06.04.2018
The first bi-monthly monetary policy for 2018-19 was a largely desultory exercise As expected, the Monetary Policy Committee (MPC) has chosen to keep repo rates
[ RBI-MPC] Benevolent and balanced approach – Business Line–06.04.2018
The MPC move signals that monetary policy-making under an inflation-targeting framework is finally taking root in India The decision of the Monetary Policy Committee to
Dovish surprise – Business Line–06.04.2018
Despite the status quo, bond markets rallied In its first bi-monthly monetary policy statement for FY2018-19, the Reserve Bank of India expectedly kept the policy
Cut fuel taxes: RBI policy statement suggests government has an opportunity to step on the gas–Times of India–06.04.2018
Reserve Bank of India’s monetary policy committee (MPC) on Wednesday played it safe by keeping the central bank’s policy rate unchanged at 6%. This was
[RBI-MPC] Steady hand | The Indian Express–06.04.2018
The sobering fact is even after taking a projected growth of 7.4 per cent this fiscal, the average growth over the last five years is
Surprise softening: on RBI’s inflation projections – The Hindu–06.04.2018
The RBI’s inflation projections belie households’ and manufacturers’ expectations The Reserve Bank of India’s policymakers have acted predictably in opting to keep interest rates unchanged
RBI enjoys equal regulatory power over both private and public banks: Govt | Business Standard News–05.04.2018
The Union government has informed the Parliament that the regulations framed by the Reserve Bank of India (RBI) apply equally to both public and private sector banks,
National Company Law Tribunal: Bankruptcy: RBI gives provisioning relief to stressed banks – The Economic Times–05.04.2018
The Reserve Bank of India has temporarily relaxed provisioning norms for lenders to defaulters undergoing bankruptcy resolution in a move that could help banks bolster their financial results for
Don’t send banking into deep freeze–Economic Times–05.04.2018
It is important to root out corrupt practices in banking. But to demoralise the entire banking system in the process would be wholly counterproductive. The
Why we don’t need PSBs: Bank privatisation must be on the reform agenda of the next government–Times of India–05.04.2018—–*****
The banking sector, a major engine of growth, has been greatly underperforming in India. This is an inherited problem for the present government. Experts in
What rising bond yields tell us about the economy – The Hindu–05.04.2018—–*****
The bond market is a strong indicator of investor confidence in the government. Here is how you can read it. The recent furore over the
Bond cover-up – Business Line-05.04.2018
A large part of Indian banks’ non-performing asset (NPA) woes can be traced to the fact that when their lending decisions go awry, they sweep
For a deeper market for stressed assets–Economic Times–04.04.2018
Tweaks to eligibility and bidding norms under the Insolvency and Bankruptcy Code must be subservient to the core public policy goal of the process: maximising
Careful not to spook bankers, will hit lending – The Financial Express–04.04.2018
At a time when PSU banks are already reeling under the onslaught of bad news, the last thing they need is to feel that every
MSME Ministry working on certification of credit worthiness of small businesses – Business Line–04.04.2018
To help small businesses borrow from banks, the Ministry of Micro, Small and Medium Enterprises (MSME) is working on a portal that will certify the
Financial inclusion – the road ahead – Business Line–04.04.2018
Democratisation of credit and financialisation of savings are critical for a financially inclusive India Financial inclusion has been recognised as a key building block which
Stressed bank loans at Rs 9.5 trn in Dec, PSB loans account for Rs 8 trn | Business Standard News–04.04.2018
Soured loans at India’s banks rose in the three months to December to Rs 9.5 trillion ($145.9 billion), after declining from record high levels in the previous