“Success has many fathers, failures none, Hence, there has been the usual blame game, passing the buck, and a tonne of honking, mostly short-term and
Category: RBI–Banks
Credit tangle: on LoU ban – The Hindu–16.03.2018
A month after the ₹12,800-crore letters of undertaking (LoUs) fraud at Punjab National Bank came to light, the Reserve Bank of India has decided to
Fugitive Economic Offenders Bill: To seize and punish – The Hindu–16.03.2018
The Fugitive Economic Offenders Bill, 2018, which was introduced in the Lok Sabha this week, aims to provide for measures to deter fugitive economic offenders
रिझर्व बँकची प्रतिक्रिया –अग्रलेख लोकसत्ता | निष्क्रियांची सदिच्छा | –१६.०३.२०१८
अस्तित्वावरच जेव्हा नाकर्तेपणाचे प्रश्नचिन्ह उभे राहते तेव्हा अशक्तातील अशक्तदेखील ताठ उभा राहतो आणि निकराचा प्रतिहल्ला करतो. रिझव्र्ह बँकेचे गव्हर्नर ऊर्जित पटेल यांनी नेमके हेच केले.
Too drastic a solution: Ban on letters of undertaking needs to be reviewed | Business Standard Editorials–16.03.2018
The Reserve Bank of India (RBI) appears to have overreacted to the Nirav Modi scandal with its decision to discontinue the issue of letters of
Nirav Modi | Urjit Patel: How Nirav Modi made a reticent Urjit Patel turn eloquent–Economic Times–15.03.2018
Mr. Urjit Patel, the Governor of the Reserve Bank of India (RBI), has been known to be a man of few words. His reticent image
PNB scam: After 31 top defaulters flee, India seeks to shut the gates – The Economic Times–15.03.2018
The Modi govt has now asked banks to provide passport details of people associated with soured loans of more than 500 million rupees. India has
RBI | Urjit Patel: RBI’s regulatory powers over PSBs are weaker than those over private sector banks: Urjit Patel–Economic Times–15.03.2018
The banking regulator also said that banks can keep large buffers in their capital structure to bear the losses which occur due to such frauds.
Govt-as-investor in public sector banks | Business Standard Column–15.03.2018
Everybody’s favourite topic these days is the need to privatise public sector banks (PSBs), especially after the scam at Punjab National Bank (PNB). Will the
Too drastic a solution: Ban on letters of undertaking needs to be reviewed | Business Standard Editorials–15-03-2018
The Reserve Bank of India (RBI) appears to have overreacted to the Nirav Modi scandal with its decision to discontinue the issue of letters of
Give the RBI a bigger stick to deal with state-run banks in India | business news | Hindustan Times–15.03.2018
It wouldn’t be an exaggeration to think of India’s 21 state-run lenders as one gigantic bad bank that’s financially fragile, operationally weak, and forever in
Resolving the IBC and CCI conundrum: Why we are in a critical phase right now – The Financial Express–14.03.2018
Given the nature of transactions involved in the resolution plan, and their effect on competition in the market, the CCI approval shouldn’t be done away
Insolvency and Bankruptcy Code: The loopholes that need to be plugged–Business Today–14.03.2018
As the 12 big cases referred under the Insolvency and Bankruptcy Code (IBC) to the National Companies Law Tribunal (NCLT) approach the 180 day deadline
Bimal Jalan: Don’t privatise PSU banks, make them accountable: Bimal Jalan – The Economic Times–14.03.2018—–*****
“I am very glad that we have initiated measures both for capitalisation, reducing NPAs and for ensuring that banks conform to the best standards of
E-commerce policy: Government pitches for national e-commerce policy–Economic Times–14.03.2018
The government on Wednesday made a case for a national e-commerce policy and a related consolidated legal framework to address the challenges of the sector
RBI governor cracks whip, says will break nexus between banks and businesses as PNB scam fallout grows – The Financial Express–14.03.2018
Speaking up on the recent frauds detected in the public sector banks, Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said that a
MSME’s most attractive segment in commercial credit with fastest growth, low NPAs: Report – The Economic Times–13.03.2018
https://youtu.be/GG4BFPD073Q SIDBI in association with TransUnion CIBIL launched “MSME Pulse”, a quarterly report on MSME credit activity, for closely tracking and monitoring the MSME segment
Insolvency and Bankruptcy Code left far too much room for interpretation | Business Standard Column–13.03.2018—–*****
To understand how protracted recovering money through sale of assets has become for banks, read some of the newspaper headlines relating to the insolvency cases
State-run banks must be privatised | Nandan Nilekani | analysis | Hindustan Times–13.03.2018
From 1947 to 1955, 361 private banks in India had failed, leaving depositors in the lurch. On the midnight of July 19, 1969, 14 of
PSBs recapitalisation should be part of broader package of financial reforms: IMF | business news |- Hindustan Times–12.03.2018
The IMF has said that the recapitalisation of public sector banks (PSBs) should be part of a broader package of financial reforms to speed up
aniltikotekar4sme.com 