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
Category: RBI–Banks
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
Why SC order on Jaypee Infrastructure is a win-win for all, including flatbuyers – The Financial Express–13.09.2017
The Supreme Court’s decision to persist with insolvency proceedings against Jaypee Infratech while also asking the insolvency resolution professional (IRP) to ensure the concerns of
Caught in a cleft [ Public Sector Banks ]| Business Standard Editorials–13.09.2017
Reserve Bank of India Deputy Governor Viral Acharya said last week that the financial health of India’s public sector banks (PSBs) was so poor that
PSU bank merger should follow balance sheet clean-up: Raghuram Rajan | Business Standard News–13.09.2017
Mergers of PSU banks should be done only after balancesheets are cleaned up and these are nursed back to health with adequate capitalisation, said former
Insolvency Code: Home buyers’ plight and how realty firms should be treated | Business Standard News–13.09.2017
In an ongoing insolvency case against real estate company Jaypee Infratech, the Supreme Court on Monday directed the company to deposit Rs 2,000 crore by
Banks need $65 billion more capital to meet Basel-III norms: Fitch | Business Line–13.09.2017
Fitch Ratings on Tuesday said capital needs of Indian banks have fallen from its previous estimate of $90 billion to $65 billion, largely as a
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