India’s financial sector is facing considerable challenges with high non-performing assets and slow deleveraging and repair of corporate balance sheets testing the resilience of the banking
Category: RBI–Banks
Three reasons why Nomura sees RBI’s key policy rates unchanged in 2018 – The Financial Express–22.12.2017
After the apex bank, in its bi-monthly policy review held earlier this month, kept policy rates unchanged, global research firm Nomura says that RBI’s key
Bankruptcy: More changes to bankruptcy code likely in Budget – The Economic Times–21.12.2017-R
The government will fix a few urgent problem areas in the insolvency ordinance when it is brought to Parliament in the ongoing session but is
Do we need an FRDI Bill? | Business Standard Column–21.12.2017
Recently, there has been a lot of noise in the public domain regarding the proposed Financial Resolution and Deposit Insurance (FRDI) Bill. The resolution method
State Bank Of India: Bidders for stresed assets have to provide funding source, cheques – The Economic Times–20.12.2017
Banks led by the State Bank of IndiaBSE 0.17 % (SBI) have decided that bidders for stressed assets in ongoing insolvency proceedings will have to
FRDI bill: Why India needs a new legal framework to prevent bank failures – The Economic Times–20.12.2017
There has been a huge public outcry over how depositors’ money will be arbitrarily used to save dying banks. Safety of bank deposits has vaulted
Irrelevance of Liquidation Value in Insolvency & Bankruptcy Code–20.12.2017
By M R Umarji The Insolvency and Bankruptcy Board of India (IBBI) has framed regulations for insolvency resolution process which provide that liquidation value means
Insolvency and Bankruptcy Code: RBI asks banks, financial institutions to share info about assets of creditors with information utilities – The Financial Express–20.12.2017
The Reserve Bank today asked banks and other financial institutions to share information about assets of creditors with information utilities registered under the insolvency law.
Stressed assets: Why throwing out promoters should not mean liquidating companies – The Financial Express–20.12.2017
The continuing bankruptcy filings with the NCLT for some of the largest NPAs and the recent bank recapitalisation announcements are welcome steps towards resolving the
FRDI Bill: In its current form it will throw up challenges for every banking segment – The Financial Express–20.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill raises some very interesting issues for discussion. Banks are very unique entities. In case of non-bank corporates,
FRDI–Can we bank on our banks? | Business Line–20.12.2017
The Government must clear concerns around the FRDI Bill To say that there is panic among retirees, pensioners and those dependant on interest earned from
Access to info utilities under bankruptcy law: IBBI proposes, RBI disposes | Business Standard News–19.12.2017-R
Even as the Insolvency and Bankruptcy Board of India (IBBI) has issued standards for public information registries or information utilities to make the bankruptcy process
FRDI Bill: Government unlikely to table FRDI Bill in Budget Session too – Times of India–19.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill may not be introduced in Parliament even during the Budget Session, as the joint committee looking into
ASSOCHAM asks govt to remove bail-in from FRDI Bill, says bank deposits only financial security of pensioners–BUSINESS TODAY–18.12.2017
ASSOCHAM said on Thursday that the government’s assurance to protect the depositors’ interest in case a bank lands up in trouble needs to be spelt
RBI sets up helpline to check bank accounts hacking–BUSINESS TODAY–18.12.2017
The RBI has stepped up its awareness drive against conmen who have become increasingly active in trapping unsuspecting individuals to part with details of their
FRDI Bill: View: By flirting with FRDI Bill, Modi government may be playing with fire – The Economic Times–14.12.2017
Trust in banks has been the strongest trait of the modern Indian financial system. The world of Rajaram Shinde is changing. The retired central government
Veritas: MSME lender Veritas raises Rs 120-cr round led by UK govt’s CDC Group – The Economic Times–14.12.2017
The UK government’s development finance institution CDC Group has led a Rs 120-crore investment round in financial services firm Veritas Finance along with existing investor
Unitech takeover by Centre a good idea, may bring relief to homebuyers – The Financial Express–14.12.2017
The government’s decision to take over Unitech, which has failed to deliver homes to thousands who booked apartments, shows it means business. While it is
Unitech shares crash after SC stay order on govt takeover of realty major | Business Standard News–14.12.2017
The Supreme Court has stayed the National Company Law Tribunal’s (NCLT’s) order allowing the government to take charge of the management of stressed real estate
नवे निश्चलनीकरण? | लोकसत्ता –14.12.2017
बँक बुडण्याशी तिच्या गुंतवणूकदारांचा वा ठेवीदारांचा काहीही संबंध नसताना न केलेल्या कृत्यांची शिक्षा त्यांना का? विद्यमान सरकार आर्थिक आघाडीवर काही करू पाहते याचा सुगावा जरी