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
Category: RBI–Banks
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
India’s financial sector facing considerable challenges: IMF – The Financial Express–22.12.2017
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
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