The finance ministry has asked public sector banks (PSBs) to explore options for selling and swapping of loan assets with other lenders with a view
Category: RBI–Banks
Arun Jaitley: Creditors need to take haircut in resolving bankruptcy: Arun Jaitley – The Economic Times–31.12.2017
Loan defaulters can bid for an insolvent entity or its assets during bankruptcy proceedings after paying interest due and making bad loan accounts operational, FM
stressed assets: RBI won’t extend deadline for 2nd list of defaulters – The Economic Times–31.12.2017
The Reserve Bank of India (RBI) formally turned down requests from banks to extend the deadline for restructuring the debt of companies on a second
Testing times: on the bad loans menace – The Hindu–29.12.2017
The Central government has been working hard to address India’s twin balance sheet problem, but it hasn’t had much to show in the form of
IBC: Finance Minister Arun Jaitley introduces bill to amend IBC in Lok Sabha – The Economic Times–29.12.2017
IBC was enacted last year to consolidate and amend laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a
Don’t bank too much on bank stocks | Business Standard Column–29.12.2017
One axiom of modern economics is that a financial crisis takes longer to mitigate than a crisis in any other given sector. Finance is the
RBI’s data on banks’ bad loans disturbing–Deccan Chroicle–28.12.2017
The latest Reserve Bank data on the precipitous drop in recovery of bad loans by banks is of concern as in simple terms it means
‘DeMon, GST made lending to SMEs easier’ – The Economic Times–27.12.2017
Aditya Birla Finance (ABFL) — the lending arm of Aditya Birla Capital (ABCL) — plans to leverage its recently acquired triple A rating to grow
CRISIL SME Tracker: MSMEs offer working capital opportunity for lenders | Business Standard News–27.12.2017
Healthy orders from original equipment manufacturers (OEMs) are increasing the working capital requirement of micro, small and medium enterprises (MSMEs) in the auto component sector,
Bankruptcy code: Baby-steps towards recovery of bad loans | Business Line–27.12.2017
A lot of hope is pinned on the Insolvency and Bankruptcy Code (IBC) to provide the much-needed cure to all the ills in the banking
Bankruptcy: Individual insolvency regime to be operational in phased manner: IBBI charirperson MS Sahoo – The Economic Times–26.12.2017-R
Steering the “smooth and fast- paced” journey of the insolvency law, the IBBI is now looking to put in place the regime for individual insolvency
Banks, too, need growth to sustain–Economic Times–26.12.2017
The RBI’s financial stability report for December 2017 brings more bad news than good. The bad news is real: non-performing assets are rising as a
Grim forecast | Business Standard Editorials–26.12.2017
The government’s move to recapitalise public sector banks to enable them to lend afresh and institutionalise a system to reduce stressed loans through time-bound Insolvency
Tackling the large accounts under IBC is proving a challenge | Business Line–26.12.2017
With over 400 cases admitted by the National Company Law Tribunal (NCLT) under the IBC, all eyes are on the first set of 12 big
Why financial inclusion has not taken off | Business Line–26.12.2017
Banking and beyond: Let’s understand the needs of rural depositors Rural banking initiatives such as the business correspondents model have failed because they are not
Let not hysteria kill the FRDI bill–Economic Times–25.12.2017
Everyone has heard of six blind men arguing about what the elephant is like, based on the parts of the animal they explored with their
The long winter in banking | Business Standard Column–25.12.2017
Indian banking is limping. We often get calls for decisive action that will quickly solve the problem. However, we are reaping the consequences of decades
North Block versus Mint Road | Business Standard Column–25.12.2017
The Union finance ministry is asking for more money from the Reserve Bank of India (RBI). North Block, headquarters of the ministry, is reported to
RBI: Don’t await nudge to resolve stressed loans: RBI to banks – The Economic Times–23.12.2017
The Reserve Bank of India advised banks to start insolvency proceedings against defaulting lenders without waiting for the regulator’s instructions. Prompt action by lenders will
Banking: RBI warns against further downside risk for banking and economy – The Economic Times–22.12.2017
Reserve Bank of India has warned against further downside risk for the banking sector as asset quality concerns are far from over while it said