The Reserve Bank of India (RBI) on Monday added HDFC Bank to the list of systemically important banks, or banks that are considered too big
Category: RBI–Banks
Banks’ cuppa to brew with mergers – The Hindu–04.09.2017
Consolidation of public sector banks had been discussed in banking circles for many years now. P Chidambaram, Finance Minister in the previous United Progressive Alliance
Bank liable for online frauds | Business Standard News–02.09.2017
Thomas Ninad had a salary savings account with Axis Bank. Even though he was using the account regularly, he was was not getting any e-mail
Fincare Small Finance Bank starts operations with 25 branches | Business Line–02.09.2017
Fincare Small Finance Bank (previously known as Disha Microfin Limited) on Friday kick-started its banking operations with about 25 operational branches across Gujarat, Tamil
Flat or refund, your pick: Supreme Court to Unitech buyers | India News – Times of India–02.09.2017
Sending a heartening signal to investors in housing projects in which developers are playing truant, the Supreme Court assured flat buyers in Unitech schemes that
farm loan waivers: RBI chief Urjit Patel says loan waiver is quick-fix, warns of negative impact – The Economic Times–01.09.2017
Farm loan waivers are at best just a short-term remedy for farmers’ distress and cannot be regarded as a long-term solution for the problems in
Bad loans of 41 banks may surge to ₹9 lakh cr by March, says ICRA | Business Line–01.09.2017
Gross non-performing assets (GNPAs) of 41 listed Indian banks are likely to collectively increase to ₹8.8-9.0 lakh crore by March-end 2018 from ₹7.65 lakh crore
Forced PSU bank mergers won’t work | Business Line–31.08.2017
An architecture has emerged for the Government to tackle the massive bad loan problem of state-owned banks. There is now a Banks Board Bureau
Economic growth likely to be consumption-led | Business Line
The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions
SBI: Consolidation of PSU banks remains a work-in-progress–Economic Times–30.08.2017
It was in the budget speech on February 28, 2005 that consolidation of Indian banking industry was probably put forth for the first time by
reserve bank of india: RBI cracks whip on 50 more defaulters having Rs 2 lakh crore outstanding–Economic Times–30.08.2017
The Reserve Bank of India (RBI) has directed banks to refer as many as 50 dud accounts to bankruptcy court if they are unable to
RBI asks banks to stick to December deadline for insolvency | Business Standard News–30.08.2017
RBI said the top 12 accounts, having an exposure of at least Rs 5,000 crore each, should be referred for bankruptcy proceedings The Reserve Bank
Number of wilful defaulters continues to rise steadily | Business Line–30.08.2017
This is despite banks’ cautious approach and the ongoing clean-up of accounts Even as the Centre and the RBI have been pushing forth quick resolution
MAT: Insolvency process: Who will pay 20% MAT on book profits when assets are written down?–Economic Times–29.08.2017
The bad-loans recovery exercise now has a puzzle to solve: Who pays the 20% Minimum Alternate Tax (MAT) on book profits when assets are written
[ Public Sector Banks–Capitalization Support ] No silver bullet | The Indian Express–28.08.2017
The RBI’s latest Financial Stability Report shows that the gross bad loan ratio of PSU banks could be as high as 14.2 per cent by
Jaitley advocates for digital economy, says terror, graft thrive on cash | Business Standard News–27.08.2017
Encouraging the notion of a cashless economy, Union Finance Minister Arun Jaitley on Saturday said that large amounts of cash flowing in the economy have
Full text of third bi-monthly Monetary Policy, 2017-18 | Business Line–27.08.2017
Full text of third bi-monthly Monetary Policy, 2017-18 via Full text of third bi-monthly Monetary Policy, 2017-18 | Business Line
Banks should link home loan rates to repo rate: RBI appointed committee–Economic Times–26.08.2017
A Reserve Bank of India appointed committee on Household Finance has suggested that banks link their home loan rates to the RBI‘s repo rate, the
Banks–Staring into the hole | Business Standard Column–T N Ninan–26.08.2017
More than two years ago, the Reserve Bank declared war on what it had winked at till then: the fudging of bank balance sheets. Since
BHIM app: Payment firms ask PM Narendra Modi to make NPCI a neutral agency–Economic Times–25.08.2017
Several leading entreprenuers in the payments sector, including Paytm’s Vijay Shekhar Sharma and PhonePe’s Sameer Nigam, recommended to the Prime Minister and the government that