Category: RBI–Banks

Banks Board Bureau chairman Vinod Rai is right to be miffed with the government for ignoring its recommendations to reform public sector banks. The BBB

The state-controlled section of India’s banking sector continues to be a major problem for policy makers. Not only is its slow credit growth delaying the

The emerging narrative on the Indian economy, spelt out by the Economic Survey 2017-18 and affirmed by World Bank and credit ratings agency Fitch last

RBI has the power to call a meeting of a non-state bank’s directors, get one or more of its officers to attend board meetings, appoint

Hit hard by Nirav Modi fraud, Punjab National Bank (PNB) has embarked on Mission Parivartan, a 10-pronged transformation strategy to strengthen one of the oldest

Rapid adoption of technology across banking systems will help private sector banks increase their market share from the current 30 per cent to 50 per

A spectre is haunting the Indian economy today — the spectre of banking paralysis. If it lingers for too long, it could seriously undermine the

Banks Board Bureau (BBB) Chairman Vinod Rai on Monday hit out at the government for sitting over its slew of recommendations for public sector banking

Last week, Urjit Patel, among the most reticent and shy governors of the Reserve Bank of India (RBI) in recent memory, broke his habitual silence

It will be simplistic to describe the recent statement from Reserve Bank of India Governor Urjit Patel on the need to make bank regulation ownership-neutral

With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to

The financial system has run into a spot of difficulty, with a combination of events in banking, import financing, bond markets, capital flows, etc. This

As the first flush of stressed assets under the Insolvency and Bankruptcy Code enter the final resolution phase, there are increasing instances of actions of

The panel reviewing the Insolvency and Bankruptcy Code (IBC) has proposed that lenders to defaulting companies should be allowed to invoke personal guarantees, which in

Punjab National Bank (PNB) has decided to increase the number of internal audits and increase focus on recovery of bad debts in the aftermath of

With banks staying out of the bond market, fearing rising mark-to-market losses, and foreign investors exhausting their investment limit, the question is who will buy

C Rangarajan, former head of the country’s Reserve bank (RBI) says the regulator does have formal supervisory powers over government-owned lenders but also needs to

Non-Performing Assets (NPAs) are both a political and financial problem. Humongous NPAs were created during the UPA1 and UPA2 governments. But lax monitoring by the

Steps that government, regulators and banks need to take to make the banking system more competitive, efficient and less fraud-prone. State Bank of India (SBI),