RBI Governor Urjit Patel had opted for a moderate rate cut of 25 basis points arguing that low food prices were unusual and vulnerable to
Category: RBI–Banks
Cashless India: Digital payments on the rise, here is how to solve security problem – The Financial Express–17.08.2017
Bhavin Mody With rapid increase in mobile device usage, m-payments are expected to lead the retail industry. Retailers are heavily investing in making in-store experience
[SBI] Sizing it up | Business Line–17.08.2017
There was a sense of unease when State Bank of India — India’s largest bank — reported its June quarter results, its first after the
MPC members flag weak investment growth and its impact on economy | Business Line–17.08.2017
Even as the Monetary Policy Committee (MPC) voted 4-2 vote in favour of a 25-basis-point cut in the repo rate, majority of the members flagged
Consolidation fiasco | Business Standard Editorials–17.08.2017
In May this year, while announcing the bank’s dismal quarterly results for the fourth quarter of 2016-17, State Bank of India (SBI) Chairperson Arundhati Bhattacharya
Feedback infra: Feedback Infra sees big scope in turning around stressed assets–Economic Times–16.08.2017
Integrated infrastructure service provider Feedback Infra is emerging as a key player in managing and turning around stressed assets portfolio of lenders such as State
Lenders no longer indulge in lazy banking: RBI data | Business Standard News–16.08.2017
In a sign that banks are perhaps getting more comfort from the stickiness of their deposits after demonetisation, the incremental credit-deposit (CD) ratio has crossed
Trend of softening interest rate is here to stay, says Rajnish Kumar | Business Standard News–16.08.2017
Rajnish Kumar MD, National Banking Group, State Bank of India The country’s largest lender, State Bank of India (SBI), recently sprang a surprise by reporting
As NPAs rise, banks moot industry panels to determine value of stressed assets | Business Line–16.08.2017
Suggests special dispensation in provisioning norms to tackle stressed assets With non-performing assets (NPAs) reaching a worrisome position, especially for public sector banks, there may
Rise in bad loans may spawn more ARCs | Business Line–16.08.2017
With RBI moving to resolve issue, players with deep pockets will be keen to set up shop While rising non-performing loans is bad news for
Banks exploring use of artificial intelligence in operations | Business Line–15.08.2017
Several banks have started exploring adoption of artificial intelligence (AI) and machine learning (ML) in their operational processes. “There is substantial attention being paid in
Bankruptcy: Government considering selling off reality developer’s assets to finish stalled projects–Economic Times–15.08.2017
The government is exploring ways of resolving a long-brewing real estate crisis that’s left home buyers in the lurch as developers have struggled to complete
Minimise card frauds abroad by disabling the option | Business Standard News–15.08.2017
Recently, Raj Kumar (name changed on request), a Delhi-based writer, lost Rs 60,000 to credit card fraud. His card was used to make a purchase
How well do you know your credit cards? – Essential FAQs on credit cards | The Economic Times–14.08.2017
via How well do you know your credit cards? – Essential FAQs on credit cards | The Economic Times
saving deposit rate: Saving deposit rate cuts to lead to lower lending rates:Report–Economic Times–14.08.2017
Reduction in saving deposit rates by three large banks over the past fortnight may set the ball rolling for lower lending rates and stoke greater
PSU Banks: PSB auditors under lens for write-downs–Economic Times–14.08.2017
The Reserve Bank of India (RBI) has questioned scores of auditors at 27 public sector banks on the process and logic they had used to
NPA resolution to spur credit expansion, growth: Arvind Panagariya | Business Standard–14.08.2017
Resolution of bad loans in the banking system is on ‘right track’ and will ‘open the door’ to rapid credit expansion and growth, Niti Aayog
Saving deposit rate cuts to lead to lower lending rates: report | Business Line–14.08.2017
Reduction in saving deposit rates by three large banks over the past fortnight may set the ball rolling for lower lending rates and stoke greater
Mid year Economic Survey: Companies raise Rs 6.7 lakh crore via corporate bonds – The Financial Express–12.08.2017
Indian companies garnered Rs 6.7 lakh crore from the issuance of corporate bonds in the last fiscal, with private placement emerging as the most preferred
SBI has some more book cleaning to do | Business Standard–12.08.2017
The stock of State Bank of India (SBI) was the top loser among Sensex stocks, shedding 5.4 per cent on Friday. The June quarter (Q1)
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