For the Reserve Bank of India there is just one economic indicator that dominates its policymaking calculus: price stability. With inflation-targeting as its main mandate
Category: RBI–Banks
Bail-in doubts — on financial resolution legislation – The Hindu–07.12.2017
Finance Minister Arun Jaitley has wisely sought to allay fears about a “bail-in” clause in the Financial Resolution and Deposit Insurance Bill, 2017. Introduced in
Modi govt: How safe are your deposits if your bank fails? Read about the bail-in option – The Economic Times–04.12.2017–????
The bill has suggested that the use of the ‘bail-in’ provision may result in cancellation of a liability, which could extend to bank deposits or
Case for a pause | Business Standard Editorials–04.12.2017
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is due to meet in the first week of December, and expectations from
Bankruptcy code: SEBI working on norms to ensure firms comply with listing terms | Business Line–04.12.2017-R
SEBI is working on compliance norms that companies going through the insolvency process must stick to so as to ensure that interests of the stakeholders
insolvency: NCLT rejects Exim Bank’s claim of Rs 625 crore on JEKPL – The Economic Times–02.12.2017
Allahabad bench of the bankruptcy court has rejected a plea from Exim Bank to treat its claim of Rs 625 crore on JEKPL Private Limited
Insolvency and Bankruptcy Code paints all promoters with same brush – The Financial Express–02.12.2017
By Abir Roy The recently promulgated ordinance relating to the Insolvency and Bankruptcy Code (IBC) has generated a lot of buzz, and has evoked mixed responses
Resale curbs likely in toxic asset auctions | Business Standard News–02.12.2017
The government is in discussions as to whether it should put in reasonable restrictions for a limited period of time on the successful bidder of
The perils of lowering interest rates | Business Line–02.12.2017
There is a constant call to lower interest rates, with the Reserve Bank of India, at the receiving end, branded as being too conservative. It
Bankruptcy Code: Different treatment likely for SMEs facing insolvency – The Economic Times–01.12.2017
Government may consider giving different treatment to small and medium enterprises (SMEs) under the Insolvency and Bankruptcy Code (IBC) since they usually have limited number
Modi: IBC Ordinance: Modi government just walked into a trap that it unwittingly laid for itself – The Economic Times–01.12.2017
‘Defaults’, ‘wilful defaults’, ‘big corporate’, ‘Vijay Mallya’, ‘NPAs’, ‘nexus with banks’, ‘60 years of bad loans’, ‘bailout’ — phrases liberally used to score political points,
Economy out of woods, growth to hit 6.5-7% for FY18, says Niti Aayog Vice Chairman Rajiv Kumar – The Financial Express–01.12.2017
The September quarter growth rebound shows that the economy has come out of the woods and economic expansion for the full year will come in
‘Employees and even tea vendors can invoke IBC to find redress’ | Business Line–01.12.2017-R
It’s not banks, but operational creditors, that have initiated the most number of cases under the Insolvency and Bankruptcy Code (IBC), said MS Sahoo, Chairperson,
Bankruptcy Code: Screws tighten on defaulters, personal guarantors too may now face insolvency heat – The Economic Times–30.11.2017
The Insolvency and Bankruptcy Board of India (IBBI) is expected to step up its drive against defaulters by allowing lenders to act against high-profile individuals,
Insolvency and Bankruptcy Code: IBC Ordinance: End of the road for dishonest promoters, but has anyone thought of the collateral damage? – The Economic Times–30.11.2017
Section 29A of the Insolvency and Bankruptcy Code bars ousted promoters of an insolvent company from regaining control. It has not specifically disarmed any class
Bank consolidation as a reform is overstated: CEA Arvind Subramanian | Business Standard News–30.11.2017
Your thoughts on the economy after demonetisation and the GST, and the prospects, going forward? There is a global export recovery. I think we can
Insolvency ordinance impact: Over 70% of SMEs face liquidation | Business Standard News–30.11.2017
Around 70% of small and medium enterprises (SMEs) undergoing insolvency proceedings face liquidation as their promoters are the only ones presenting resolution plans. The recent
Go for serious debt rejig, not to NCLT–Economic Times–29.11.2017
Depend upon it, Sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully. Many people know these
Ban on promoters from bidding for stressed assets will not bring down valuation: JSW Steel | Business Line–29.11.2017
The valuation of stressed assets will not come down due to a ban on promoters bidding for such assets, JSW Steel Joint Managing Director Seshagiri
insolvency: Another twist in Insolvency as NCLT passes a new order – The Economic Times–28.11.2017
The National Company Law Tribunal has for the first time directed that a liquidator be appointed in place of an existing resolution professional in the