Category: RBI–Banks

He also stressed on the fact that banks need to act early and take decisions through joint lenders forum to contain incipient stress in the

Banks should not be surprised when there is a sharp rise in bond yields. Rather, they should “know and understand this risk rather well,” said

UDAY KOTAK, Executive Vice Chairman and MD of Kotak Mahindra Bank, has raised concern over the huge amount of money that’s going into the stock

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Diligence reports — mandated by RBI in 2008 for consortium lending by banks — are in for a makeover if the central bank accepts an

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