Eeconomic updates by the finance ministry seldom get the stock market to dance a jig. But the FM’s press conference on October 24 did. The
Category: RBI–Banks
Desperate, risky measure–Deccan Herald–07.11.2017
The Rs 2.11 lakh crore recapitalisation plan announced for public sector banks (PSBs) is a ‘monumental step’ not because we may get great results from
Make it rule-based | Business Standard Editorials–06.11.2017
While the bad loans problem in public sector banks has long been understood, some recent problematic results and associated regulatory actions have highlighted that banks
Why make PSUs buy recapitalisation bonds?–Economic Times–05.11.2017
The government will reportedly nudge public sector undertakings (PSUs) to invest their surplus funds in the Rs 1.35 lakh crore recapitalisation bonds meant to shore
Bailout to banks is not going to cure bad behaviour–Times of India–05.11.2017
The government is rescuing bust public sector banks with Rs 1,35,000 crore of recapitalisation bonds as part of a Rs 2,11,000-crore package. RBI governor Urjit
Jugaad of bank recapitalisation: How finance ministers adhere to fiscal deficit targets while increasing borrowings–Times of India–05.11.2017
Twitter has been abuzz with the government congratulating itself over its ‘unprecedented’ rescue package for India’s ailing banking sector. The adjective is certainly not misplaced
Bank recapitalization: an integrated package–Economic Times–05.11.2017
Compared to the dribblets that were earlier made available the 2.11 lakh crores infusion announced yesterday is adequate for provisioning and regulatory requirements as well
How to revive bank credit: Government should, to begin with, offer PSBs bonds in return for equivalent equity–Times of India–05.11.2017
There is general agreement that tepid growth in bank credit has been a major obstacle to launching the economy into a 8% plus growth trajectory.
Between what’s said and left unsaid | Business Standard Column–05.10.2017
If at the end of reading this piece, you feel it is an “impractical” and “theoretical” approach to “Indian realities”, you may not be alone.
Is this the end of the easing cycle? | Business Line–05.10.2017
Don’t expect a rate cut in next policy either As inflation had increased by two percentage points since the last policy — although below the
Banks: Regulation, not state ownership–Economic Times–04.10.2017
Markets regulator Sebi has postponed its rule that requires companies to report all payment defaults to stock exchanges, worried that it could expose the banks’
The interest rate question | Business Standard Column–04.10. 2017
With inflation at fairly low levels, businesses find interest rates too high. So do a third of the home loan borrowers in surveys. Given the
Indefensible move | Business Standard Editorials–04.10.2017
In a rather curious move, the Securities and Exchange Board of India (Sebi) has decided to hold back its directive which would have made it
A slowdown foretold | Business Standard Column–04.10.2017
Even the woman on the street unlearned in economics knows that the current economic downturn is due to sluggish private investment. She could even blame
Early warning | Business Line–04.10.2017
A slowing economy has aggravated balance-sheet stress for many highly leveraged members of India Inc. An activist RBI and the new Bankruptcy Code are also
What led Sebi to hold back order on loan default information filing to stock exchanges? – The Economic Times–03.10.2017
What drove the Securities and Exchange Board of India (Sebi) to hold back its directive requiring companies to inform stock exchanges about defaults on loan
Insolvency reforms: Crucial year ahead for regulator | Business Standard News–03.10.2017
It has been a hectic first year for the insolvency regulator, which hit the ground running. A year ago, when M S Sahoo went to
Regime for individuals will be in place quickly: IBBI chairman M S Sahoo | Business Standard News–02.10.2017
M S Sahoo, chairman, Insolvency and Bankruptcy Board of India (IBBI), is a trained lawyer and a veteran of regulatory policy, in his fifth regulatory
A day in the life of NCLT: Cases under code on fast track | Business Standard News–03.10.2017
It’s 10 past 10 on a Tuesday. Lawyers and their assistants with large bags containing case documents begin strolling into court room no 1. The
Wish RBI cuts rates, but it may not happen: NITI Aayog’s Rajiv Kumar | Business Standard News–03.10.2017
As the government looks for resources to perk up the economy, NITI Aayog Vice Chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be