More than two years ago, the Reserve Bank declared war on what it had winked at till then: the fudging of bank balance sheets. Since
Category: RBI–Banks
BHIM app: Payment firms ask PM Narendra Modi to make NPCI a neutral agency–Economic Times–25.08.2017
Several leading entreprenuers in the payments sector, including Paytm’s Vijay Shekhar Sharma and PhonePe’s Sameer Nigam, recommended to the Prime Minister and the government that
Reserve Bank: Reserve Bank Deputy Governor Viral Acharya warns of pitfalls of debt-driven “furious growth”–Economic Times–25.08.2017
Amidst shrill calls for double-digit growth, Reserve Bank Deputy Governor Viral Acharya has warned that such faster GDP expansion is always debt-driven and could crash
Debt resolution top priority in insolvency process, says IBBI chief MS Sahoo – The Financial Express–25.08.2017
Resolution of indebtedness of a firm will be the top priority of all constituents of the insolvency and bankruptcy mechanism in the interest of the
‘Steel industry is the largest contributor to the banking system’s overall NPAs’ | Business Line–25.08.2017
The capital-intensive steel industry is considered the largest contributor to the banking system’s overall non-performing assets (NPAs), with the top five steel companies — Essar
Spare the taxpayer: Recapitalisation of public sector banks needs to come with governance reforms–Times of India–24.08.2017
Financial results of public sector banks for April-June quarter show that they remain fragile. Collectively, they made a loss when their private sector peers turned
Reserve bank of India: Bank consolidation should achieve efficiency, says former Reserve Bank of India governor D Subbarao–Economic Times–24.08.2017
Duvvuri Subbarao, former governor of Reserve Bank of India said consolidation of public sector banks is necessary to strengthen the banking system if it is
India needs banks of different sizes–Economic Times–24.08.2017–
SBI chairman Arundhati Bhattacharya’s caution on bank mergers has much merit, even as the Cabinet has given an in-principle nod for consolidation. Yes, the economy
Viral Acharya blames RBI’s forbearance schemes for NPA issue – The Financial Express–24.08.2017
RBI Deputy Governor Viral Acharya today conceded that the Central bank’s “forbearance schemes” were partly to blame for the bad loan mess, and suggested a
Cabinet fast tracks merger of PSU banks | Business Standard News–24.08.2017
The Cabinet on Wednesday approved a framework to speed up mergers of public sector banks, the first of which could take place by March. The
PSB mergers will not be a cake walk; concerns over NPAs is key | Business Standard News–24.08.2017
Public sector banks’ (PSBs’) stocks had unexpected gains on Wednesday, with the CNX Nifty PSU Bank index gaining over 2 per cent and emerging among
Indian Bank faulted for losing customer’s net banking credentials | Business Line–24.08.2017
At a time when threats to data security have taken centre-stage, a public sector bank has been faulted for ‘causing harassment’ to a customer whose
State Bank Of India: Indian banking: National Credit Registry may deliver some strength to disadvantaged borrowers–Economic Times–23.08.2017
The mighty State Bank of IndiaBSE -0.20 % had to buy commercial papers (CPs) worth Rs 40,000 crore at the end of the June quarter
Ashish Vaidya: Keeping real interest rate high has its own perils: Ashish Vaidya, DBS BANK–Economic Times–23.08.2017
The state of the currency is key to any economy. In the past decade, the Indian rupee has swung from being the best performer to
Looking for banks to cut interest rates to take loans? Well, here is something you REALLY need to know – The Financial Express–23.08.2017
Despite the 25-bps cut in the policy repo rate on August 2, there has been virtually no reduction in the interest rates on loans. For
Monumental failures of RBI | Business Standard Column–Gajendra Haldea -Ex principal advisor, infrastructure, in the erstwhile Planning Commission-23.08.2017
“RBI has done a commendable job in managing the monetary policy, but as a regulator of the banking system, it has failed the Indian economy.”
A new paradigm for financial inclusion | Business Line–23.08.2017
Financial literacy programmes aren’t enough; they should be backed by products that address real needs of consumers Finance is the glue that holds all pieces
[ Credit Rating Agencies ]–Watch out! | Business Line–23.08.2017
Consolidation in ratings business is hurting India Any consolidation by credit rating agencies in India should be restricted. Fitch, Moody’s and Standard & Poor’s (S&P)
personal loan: Need instant personal loan? CASHe will scan your Facebook friends’ list to decide if you are worthy–Economic Times–22.08.2017
“CASHe is the fastest growing company in this segment and has the biggest loan book at this point in time,” claims Kumar. Name of the
Individual bankruptcy: Here is what PM Narendra Modi government is planning – The Financial Express–22.08.2017
The government is considering bringing in regulations in phases to deal with individual bankruptcy under the overarching law — the Insolvency and Bankruptcy Code (IBC)
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