Recoveries by ARCs have remained at a low 20% Effective implementation of the Insolvency and Bankruptcy Code (IBC) can provide a leg-up to asset reconstruction
Category: RBI–Banks
Will banks rise to the challenges ahead? | Business Line–08.08.2017
Banks must install appropriate software forthwith to deal with the significant accounting changes owing to Ind AS and GST For the past two years, two
Unkindest cut | Business Line–07.08.2017
SBI’s move to lower the interest rates on savings accounts is a wake-up call for savers For the first time since interest rates on savings
RBI monetary policy: ‘If I were in MPC, I would have gone for a 50-bps cut’–07.08.2017
I like the idea of a central bank being cautious. Demonetisation was an unfortunate policy intervention. But it contributed in some way in bringing down
RedCarpet Startup: Short on cash? From online shopping to restaurant bills, RedCarpet will pay for you–Economic Times–06.08.2017
The startup helps finance online purchases – including travel tickets and restaurant bills – which can be repaid in interest-free installments. Name of the company:
Loan Frame: Struggling to raise money? AI-powered bank loans from Loan Frame can help–Economic Times–06-.08.2017
The startup uses proprietary technology tools and models to help lenders in borrower evaluation, however, the final credit decision always rests with the lenders. Name
IBC an ideal tool for solving bad-loan issue | Business Standard–06.08.2017
While the government has been pursuing measures to tackle rising levels of non-performing debt in public sector banks, a growing pile of bad debt had
Key into the Digi world | Business Line–06.08.2017
With so many digital payment options available, which one is for you? We assess the pros and cons to help you decide Not so long
HDFC Bank: Ahead of the pack | Business Line–06.08.2017
The bank’s steady growth in loan book that bucked industry trend is a key positive Fundamentally, not much has changed for the banking sector over
Make Mumbai the financial hubbub of the country– The Economic Times–04.08.2017
By Rana Kapoor Management consultant Peter Drucker had famously said, “The best way to predict the future is to create it.” Technology — especially big-data
Banks may need 20% incremental provisioning for 50 large NPAs – The Financial Express–04.08.2017
“Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs 4.3 lakh crore,” says
Debtors can’t be allowed to paralyse banking system, says Arun Jaitley | Business Standard–Economic Times–04.08.2017
Finance Minister Arun Jaitley on Thursday said public sector banks needed the Banking Regulations Ordinance in order to be able to take decisions without fear
Bankers cautious on new benchmark move | Business Standard–04.08.2017
Welcoming the Reserve Bank of India’s (RBI’s) efforts to link market-determined benchmarks to price loans, bankers have said they preferred a gradual migration to new
RBI’s MPC statement: An omission on China | Business Line–04.08.2017
The Reserve Bank of India’s monetary policy statement gives a bird’s eye view of global developments and the state of top economies in the world
End banks’ monopoly over retail savings | Business Line–04.08.2017
In the absence of viable options for risk-averse investors, Indian banks take depositors completely for granted Why do Indian banks get such kid-gloves treatment from
Reserve Bank of India: RBI unsatisfied with MCLR, asks banks to lower rates further–Economic Times–03.08.2017
The RBI today continued to fault banks for not passing on the entire benefit of its rate cuts, saying it was unsatisfied with the MCLR
RBI monetary policy: Patel & Co turns focus on growth push: 5 takeaways from RBI’s money policy–Economic Times–03.08.2017
In line with Street expectation, the Reserve Bank of India (RBI) on Wednesday slashed repo rate by 25 basis points to 6 per cent from
RBI Repo Rate: RBI cuts repo rate by 25 basis points: Here’s what experts say–Economic Times–03.08.2017
Geojit The RBI’s MPC cut repo rates by 25 bps as expected. Noting however, that the trajectory of inflation in the baseline projection is expected
Bankruptcy: How the bankruptcy code can be abused by unscrupulous elements–Economic Times–03.08.2017
A World Bank study shows that insolvency cases on an average took 4.3 years to get resolved in India. And lenders’ recovery rate was 26
Cost of funds not binding constraint–Economic Times–03.08.2017
The markets yawned and shed a few points on the day the Monetary Policy Committee (MPC) announced a 25-basis-point reduction in the central bank’s policy