A few days ago all newspapers carried a story headlined “RBI not satisfied with MCLR (marginal cost of funds based lending rate), asks banks to
Category: RBI–Banks
Arun Jaitley: Insolvency law aims at saving promoters not banishing them: Arun Jaitley–20.08.2017
Finance Minister Arun Jaitley today assured debt-laden companies that the objective of the new insolvency law is not to banish them but to save them
Urjit Patel: NPA resolution: RBI chief calls for recapitalisation of banks–20.08.2017
Reserve Bank Governor Urjit Patel today called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad
Arun Jaitley: SICA experiment was an absolute failure: FM Arun Jaitley–20.08.2017
Finance Minister Arun Jaitley unequivocally conveyed that the new reality in Indian business is borrowers either pay up or lose their business, and at the
NPA resolution: RBI chief Urjit Patel calls for recapitalisation of banks – The Financial Express–20.08.2017
Reserve Bank Governor Urjit Patel today called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad
Bad loans crisis: Now, banks to take on small borrowers; here is what you should know – The Financial Express–20.08.2017
Shamik Paul Banks, especially the state-run lenders which are burdened with the bulk of the bad loans in the Indian banking system, are stepping on
PSBs need to cut bad loans, will need more capital: Urjit Patel | Business Standard News–20.08.2017
Reserve Bank of India (RBI) Governor Urjit Patel on Saturday said banks would need to take a haircut for resolution of current stressed assets, and
How to help bankrupt realtor’s customers–Economic Times–18.08.2017
How can home buyers who have made payment in full or in part be given their homes? The assets now belong to the banks. If
Insolvency regulator empowers homebuyers, puts them on a par with creditors | Business Standard News–18.08.2017
The insolvency regulator has brought in a special provision to protect the homebuyers of beleaguered real estate companies such as Jaypee Infratech and Amrapali. The
Consolidation fiasco | Business Standard Editorials–18.08.2017
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
Time to review banking sector valuations | Business Standard Column–18.08.2017
The Economic Survey Volume 2 makes an interesting point about corporate credit growth. The private sector banks saw credit growth averaging out at around 10-11
18 PSBs among top 20 banks with highest gross NPA ratios: CARE Ratings | Business Line–18.08.2017
Public sector banks are more stressed than their private sector counterparts with the former figuring among the top 20 banks with the highest gross non-performing
RBI Governor Urjit Patel pushed 0.25% rate cut, transmission by banks: MPC minutes – The Financial Express–17.08.2017
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
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