Indian banks are likely to lose more large corporate customers in the coming quarters to the bond market where credit is cheaper, but are reluctant
Category: RBI–Banks
Bank NPAs register a significant growth during Jan-Jun: Ficci-IBA Survey | Business Standard–11.08.2017
Banks with operations in India witnessed a significant rise in non-performing assets during the first half of 2017, according to a survey released on Thursday.
Monetary policy dilemmas | Business Standard–10.08.2017
My first reaction to last week’s rate cut was that it was too little, too late. But I later felt that there are more serious
Bank of India back in black in Q1 at Rs 88 cr on better asset quality | Business Standard–10.08.2017
Aided by a rise in fees, commissions and a fall in provisions for bad loans, public sector lender Bank of India (BOI) is back in
SBI: A look at the factors behind banks not passing benefits of RBI’s rate cut to customers–Economic Times–09.08.2017
Two days after State Bank of India chairman Arundhati Bhattacharya slashed savings bank deposit rates in an unprecedented fashion, Kotak Mahindra Bank executive vice chairman
Bankruptcy Court: Commercial realty buyer can drag company to bankruptcy court–Economic Times–09.08.2017
You can now initiate bankruptcy proceedings against the developer in certain cases if you don’t get your commercial property or service apartment on time. A
JSW Steel-Bhushan Steel deal? Revival of like-by-like a decent prospect–Economic Times–09.08.2017
JSW Steel, which has big brownfield expansion plans, is reportedly making a bid for Bhushan Steel, in tie-up with Piramal Enterprises’ stressed assets fund with
Consolidation may not be a panacea for banks’ woes–Economic Times–09.08.2017
By Karthik Srinivasan The asset quality of Indian banks deteriorated significantly over the last three years, with gross non-performing advances (GNPAs) increasing to 9.5% as
Cyber security: RBI has asked banks to go for periodic vulnerability test, government tells Parliament – The Financial Express–09.08.2017
Cyber security preparedness is a continuous activity and the RBI has asked banks to periodically conduct vulnerability test, the finance ministry said today. In a
An unsettling precedent under IBC | Business Standard–09.08.2017bn
In a widely reported order, the Supreme Court allowed a debtor to settle a claim with a creditor after the collective resolution process was triggered
PNB puts 9 large stressed accounts under IBC resolution | Business Standard–09.08.2017
State-owned Punjab National Bank (PNB) has put nine of its large stressed accounts for resolution under Insolvency and Bankruptcy Code (IBC) 2016. The stressed assets,
Banks: Banks to shut out builders without RERA listing–08.08.2017
Builders who have been thinking of ways to beat the new Real Estate Regulation Act are fast running out of time as banks, in consultation
Bankruptcy code can help capital-starved ARCs generate better returns | Business Line–08.08.2017
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
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