A slowdown in growth is likely to create pressure on the government to announce an economic stimulus package. But it could have an adverse impact
Category: RBI–Banks
reserve bank of india: P2P lending startups to get NBFC tag soon – The Economic Times–22.09.2017
After more than a year of haze around regulations for the peer-to-peer lending startups, a notification from the government has emerged as a green shoot
Jaypee insolvency: Quite a legal mess–22.09.2017
The Supreme Court’s intervention in the bankruptcy proceedings against Jaypee Infratech (JIL) is a legal mess. To begin with, the case brings out a deficiency
Why the Bankruptcy Code is turning into a double-edged sword for banks | Business Standard News++21.09.2017
Are banks getting boxed in after the introduction of the Bankruptcy Code? Some signals seem to be pointing that way. Not only are they looking
Will Google’s Tez be a game-changer in the crowded payments space? | Business Line–21.09.2017
The app has features that give it an edge over the competition, say experts The entry of Google into the crowded payment space is
RBI: Banks can classify priority loans as standard debt: RBI – The Economic Times–20.09.2017
The Reserve Bank of India has assured banks that they can classify priority loans extended to defaulting companies in the bankruptcy process as standard debt
State Bank of India: How a quashing petition twists loan default case–Economic Times–20.09.2017
The State Bank of IndiaBSE -0.87 %, the leading lender to Shree Ganesh Jewellers, now has to contend with a fresh twist in its criminal
Why Modi government must provide sops to encourage digital payments – The Financial Express–20.09.2017
Ahead of RBI’s final guidelines on merchant discount rates (MDR)—the rate that merchants pay credit card companies—the government has indicated to the central bank that
FM Arun Jaitley hopes digital payment bound to pick up with new technology – The Financial Express–20.09.2017
Finance Minister Arun Jaitley today said compulsion of going digital post note ban has become a habit and e-payments will gather pace on account of
Insolvency Code needs a few tweaks | Business Standard Column–20.09.2017
The Supreme Court’s decision to stay the order passed by the Allahabad Bench of the National Company Law Tribunal (NCLT), which initiated insolvency proceedings against
Battling wilful defaulters | Business Standard News–20.09.2017
Banks and financial institutions (FIs) have been hit hard by defaulting borrowers, especially corporate houses and firms, facing a number of woes. Many have failed
बँकांची वाट बिकट! अरुण कुकडे –महाराष्ट्र टाइम्स –२०.०९.२०१७
बँकांची वाट बिकट! अरुण कुकडे अडचणीतल्या बँका आता एका नव्या युगाला, उपायाला, प्रयोगाला सामोऱ्या जात आहेत. सरकारने स्टेट बँक ऑफ इंडियात तिच्या सर्व सहयोगी बँका
Raghuram Rajan in the limelight again | Business Standard Column–19.09.2017
Former Reserve Bank of India (RBI) governor Raghuram Rajan came, he saw, he conquered the media. For a year following his exit as RBI governor,
Bankruptcy Code being gamed from the start? | Business Standard Column–18.09.2017
Almost everybody believes that the problems of bad debt-laden public sector banks can be fixed with the new Insolvency and Bankruptcy Code (IBC). Well, they
A great churning | Business Standard Column–18.09.2017
High- and low-productivity firms manage to coexist in India when low-productivity firms cheat on compliance. To the extent that a sound GST improves compliance, many
SBI Card plans to double credit card customers in 2-3 years | Business Line–18.09.2017
According to Vijay Jasuja, Chief Executive Officer, SBI Card, the company has worked out a strategy for doubling its credit card customers on an incremental
Banks loan books set to stagnate as exposure to industry continues to contract – The Financial Express–16.09.2017
Indeed, loan exposure to industry has been contracting for several months now, including the period between April and July, and lenders are therefore staring at
RBI awaiting government notification for coming out with P2P lending norms, says official – The Financial Express–14.09.2017
The Reserve Bank is waiting for a gazette notification from the government on getting the peer-to-peer lenders under its regulatory ambit before coming out with
Credit offtake to remain muted for now: HDFC Securities chief | Business Line–14.09.2017
It will take some more time for credit offtake to pick up, Dhiraj Relli, MD & CEO, HDFC Securities, said. While the retail credit portfolio
Niti Aayog CEO Amitabh Kant for 10-fold rise in advances and deposit caps for OTP-based accounts – The Financial Express–13.01.2017
Niti Aayog chief executive Amitabh Kant today said the Reserve Bank should go for a ten-fold increase in the deposit and advances caps on accounts