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
Category: RBI–Banks
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)
Error in your CIBIL report? Here’s how to resolve it – The Financial Express–22.08.2017
By Arun Ramamurthy While credit bureaus have now come of age where all lending institutions have started sharing data with the bureaus and even individuals
Errors on inflation large; RBI might as well raise key interest rates – The Financial Express–22.08.2017
Even a cursory look at the two charts in the latest Economic Survey, out recently, on inflation forecasts versus actual levels over the past three
No free lunch | Business Standard Editorials–22.08.2017
Reserve Bank of India (RBI) Governor Urjit Patel said over the weekend that the central bank and the government were discussing the question of whether
Does a rate cut lead to a currency dip? | Business Line–22.08.2017
Swim or sink? Impact of a rate cut on the rupee is uncertain Not necessarily. It depends on rate of inflation, equity flows, monetary policy
IDBI Bank stake sale: Government may put public sector banking mergers on fast track–Economic Times–21.08.2017
Keen to push consolidation in the public sector banking space, the government is looking to set up a new mechanism to speed up decisions on
sebi: Bankruptcy code can help in deepening bond market, says SEBI chief Tyagi–Economic Times–21.08.2017
The Securities and Exchange Board of India’s Chairman Ajay Tyagi said that the Insolvency and Bankruptcy Code can boost confidence of investors and help increase
Options for buyers when builder goes bankrupt | Business Standard News–21.08.2017
Ravi Kumar, a senior official with a public sector company, is among the many who have booked flats in Jaypee’s Wish Town, Noida. He had
Should we recapitalise the banks? | Business Standard Column–21.08.2017
As the banking crisis unfolds, banks will be short of equity capital. There will be calls for taxpayers to invest in private or public banks.