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,
Category: RBI–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
Several systemic loopholes led to PNB loan fraud, says ICAI panel–Business Today–04.04.2018
A high-power group, constituted by the Institute of Chartered Accountants of India (ICAI) to look into the PNB loan fraud case, has found systemic failure at many
Responsible lending: Need of the hour for India- Business News–04.04.2018
In an era, where banks and financial institutions are grappling to come to terms with an onslaught of frauds and irresponsible behaviour, a lot is
With an eye on MSMEs, SIDBI launches a slew of consumer connect programmes – The Economic Times–03.04.2018
SIDBI celebrated its foundation day on Monday as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate). Chairman and Managing Director of SIDBI, Mohammad Mustafa launched
RBI’s powers over PSBs: What’s the truth? – I | Business Standard Column–03.04.2018
About a month ago, reacting to the strident criticism of failing to prevent rampant corrupt practices in public sector banks (PSB), Reserve Bank of India (RBI) Governor Urjit Patel argued, perhaps
Chanda Kochhar: ‘Ms Consistency’ of Indian banking who is no stranger to crises at ICICI–The Print In–02.04.2018
The CEO of ICICI Bank has seen several ups and downs in her 25-year career. But the allegations of conflict of interest could be her toughest
Fearing spike in NPAs, NBFCs & HFCs help realtors sell better – The Economic Times–02.04.2018
Non-banking finance companies and mortgage lenders, which control the lion’s share of developer loans, are using all the tricks in the marketing and finance trade
Matter of mistrust | The Indian Express–02.04.2018
At a time when state-owned banks are facing an unprecedented NPA and corporate governance crisis, the country cannot afford any public mistrust in systemically important
ICICI Bank loan row: Seems to be work of some vested interest, says Videocon chairman Venugopal Dhoot – The Hindu–01.04.2018
Venugopal Dhoot, chairman of consumer durable-to-oil conglomerate Videocon Industries, has asserted that his firm got no favours from the Chanda Kochhar-led ICICI Bank, nor did
[ Bond Interest Rates ] A taste of markets – Business Line–30.03.2018
The Government’s decision to chop and change its market borrowing programme for FY19 is a watershed event for the domestic bond market with implications for