With the non-performing assets (NPA) crisis and the Punjab National Bank (PNB) crisis, all eyes are on Reserve Bank of India (RBI) reform. We should
Category: RBI–Banks
Banking sector blues may hit Mudra loans – Business Line–05.03.2018
Rising non-performing assets and increasing incidence of frauds, including the alleged misuse of loans, are casting a shadow over loans disbursed by the Micro Units
PNB scam hits buyers’ credit – The Hindu–05.03.2018
Poor protection: PNB had a basic banker’s indemnity policy against employee fraud of only up to Rs. 2 cr. R.V. Moorthy Interest rates go through
Public sector banks write off NPAs worth Rs 516 crore in first half of current fiscal | business news | Hindustan Times–05.03.2018
Public sector banks have written off loans worth Rs 516 crore owed by wilful defaulters in the first half of the current fiscal, as per
[Interest Rates ]Borrowing terms | The Indian Express–05.03.2018
The State Bank of India (SBI) has raised its one-year MCLR or marginal cost of funds-based lending rate from 7.95 per cent to 8.15 per
Finance Ministry gives 15-day deadline to PSBs to detect frauds wilful defaults–Business Today–04.03.2018—–*****
In light of the biggest banking scam in the Punjab National Bank (PNB) that rocked the country this month, the government has started its ambitious
Do we really need PSU banks? Not at all – Here is why – The Financial Express–04.03.2018
After Rs 58,000 crore was infused into public sector banks under the Indradhanush plan since FY16—and another Rs 66,624 crore from FY11 to FY15—it is
How jury is still out on IBC verdicts – The Financial Express–04.03.2018
The Insolvency and Bankruptcy Code (IBC) has put a sturdier regulator, the Insolvency and Bankruptcy Board of India, on the lines of SEBI and IRDAI.
RBI’s NPA framework: Why scrapping restructuring schemes in line with global practices – The Financial Express–04.03.2018——*****
Shiva is the “destroyer of evil and the transformer” within the Hindu trinity. On the eve of Mahashivratri, a similar transformation came about in the
Fixing the problem: Banking is one sector still facing a sense of crisis | Business Standard Column–04.03.2018
Economic growth is back above 7 per cent, and one could speculate whether a window of opportunity for reform has just closed. Though the Narendra
How long can depositors bail out banks? – Business Line–04.03.2018
The Centre’s infusion of a whopping ₹88,000-odd crore of capital into ailing public sector banks sometime back should have raised a furore. After all, it
Do not stymie banks with knee-jerk fiats–Economic Times–02.03.2018
Yes, it is important for the government to be seen to be responsive to serious fraud at public sector banks, especially in the current, politically
Correcting misinformed impressions about NPAs and bad banks | Business Standard Column–02.03.2018—–*****
Two features about non-performing assets (NPAs) deserve exploration. First, prevailing impressions about banks and NPAs, such as: Large borrowers are primarily responsible for non-performing loans;
New regulator to discipline auditors is born – Business Line–02.03.2018
As part of the government’s effort to strengthen oversight of the audit profession, the Union Cabinet on Thursday paved the way for an independent regulator,
PNB fraud fallout: Wary banks choke MSMEs’ credit lines – Business Line–02.03.2018
Some banks are demanding 110% margin from importers, says industry body Call it the PNB scam fallout. Micro, small and medium enterprises (MSMEs) are facing
Low interest rate party over: Here is why top banks hiking MCLR is not good news | The Indian Express–02.03.2018
A day after the Central Statistics Office’s data confirmed that the Indian economy was firmly on the road to recovery, with annual growth in gross
‘Don’t use bank scams as an excuse to privatise’ | The Indian Express–02.03.2018
Poorly regulated private banks are even more prone to scams and failure, as the financial sector is rife with information asymmetries and market imperfections. Eminent
Rising bond yields in India are driving away the country’s biggest banks | business news | Hindustan Times–02.03.2018
State Bank of India posted its first quarterly loss in 17 years in the three months through December 31, partly due to a decline in
Low-cost home loans face higher risk of defaults: report–01.03.2018
Even as government policies give huge thrust to affordable housing, data reveals elevated risks in the segment for lenders because of a higher propensity among
Finance Ministry gives 15-day deadline to PSBs to detect frauds, -wilful defaults–Business Today–28.02.2018
In light of the biggest banking scam in the Punjab National Bank (PNB) that rocked the country this month, the government has started its ambitious
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