Forensic investigators said they have found several promoters who used borrowings from banks to invest in real estate, land and commercial establishments in the names
Category: RBI–Banks
Asset reconstruction companies to step up bad loan purchases in Q4 | Business Standard News–13.01.2018
Asset reconstruction companies (ARCs) are expected to step up purchases of bad loans in the fourth quarter (Q4FY18) as the recovery environment improves and commercial
MUDRA loans disbursed to over 5 mn people in 2 years in Maharashtra | Business Standard News–13.01.2018
Over 5 million persons have received loans under the MUDRA scheme in the last two years, Maharashtra Finance Minister Sudhir Mungantiwar said. He informed that
Regulators fret over role overlap in FRDI Bill | Business Line–12.01.2018
Banks too voice concern before a parliamentary committee vetting the proposed legislation The proposed Financial Resolution and Deposit Insurance (FRDI) Bill is set to be
The next level of credit analysis | Business Standard Column–Mr. Ajay Shah–08.01.2018—–*****
Credit risk analysis in India in the past has focused on the question: Will this company be able to pay its dues? Now we need
Bombay Mercantile Bank: Nobody would listen | Business Standard Column-Mr. Debashis Basu-08.01.2018
Last fortnight, I pointed out the biggest farce in the real life application of the Financial Resolution and Deposit Insurance Bill: It would not apply
Arun Jaitley: Banks’ performance to be under scrutiny: Arun Jaitley – The Economic Times–07.01.2018
The society through tax payers is reviving you. So it is your responsibility to come out with a much faster pace and in much better
FRDI safety clauses fine, raise deposit insurance – The Financial Express–07.01.2018
This newspaper has previously argued that the fears raised on account of the ‘bail-in’ clause in the Financial Resolution and Deposit Insurance (FRDI) Bill in
No harm in fiscal deficit slippage if capex gets major boost: Ficci head | Business Standard News–06.01.2018—–*****
Recently elected president of industry body Ficci (Federation of Indian Chambers of Commerce and Industry), RASHESH SHAH, chairman of financial services major Edelweiss, tells Subhayan
Rural co-op bank plans ₹100-crore fund to help women start business | Business Line–06.01.2018
A rural co-operative bank run by and for women from Maharashtra’s Satara district plans to launch a ₹100-crore alternative investment fund to help those at
When slack credit demand pares rates–Economic Times–03.01.2018
The country’s biggest lender reducing lending rates by 30 basis points points to three things: one, the general rule of demand and supply works in
Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI – The Economic Times–03.01.2018
Bankers extended themselves in the past, even in matters beyond their realm, in trying to find solutions to problems faced by the promoters. NCLT is
Bad loans to remain a thorn in Indian banks’ side for now–Business Today–03.01.2018
As we enter 2018, it is clear that we are not anywhere near solving the vexed non-performing asset (NPA) problem that has plagued the Indian
IBC may end NPAs problem, but won’t help banks get their money back–Business Today–03.01.2018
As the 400 plus cases under the IBC at the NCLT wind their way through the various stages of the resolution process, banks are increasingly
Banks’ consortium lending: Diligence report in for a makeover | Business Line–03.01.2018
Diligence reports — mandated by RBI in 2008 for consortium lending by banks — are in for a makeover if the central bank accepts an
Bankruptcy: Identify source of funds for dissenting creditors: IBC Amendment – The Economic Times–02.01.2018
A dissenting creditor, who may have disagreed with other lenders to draw a resolution plan with a common idea will now be assured of liquidation
bankruptcy board of india: IBBI registration must for asset valuations under bankruptcy code – The Economic Times–02.01.2018
Professionals carrying out asset valuations under Companies Act and Insolvency and Bankruptcy Code will have to get themselves registered with Insolvency Bankruptcy Board of India
IBC process: In 2018, Centre must plug all loopholes to keep dodgy promoters out – The Financial Express–02.01.2018
IBC process: In 2018, Centre must plug all loopholes to keep dodgy promoters out No year in recent times has been as eventful for corporate
Why we should worry about the fall in bank credit | Business Line–02.01.2018
Growing economies show increasing deployment of bank credit, but in India this has been decreasing for years and is now falling flat. This impacts economy
‘Participation of wilful defaulters may weaken IBC’ – The Hindu–02.01.2018
The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2017 last Friday. However, we are likely to witness a wave of demands seeking