Ahead of the Reserve Bank of India’s (RBI) forthcoming monetary policy review next week, industry chamber Assocham (Associated Chambers of Commerce and Industry of India)
Category: RBI–Banks
Monetary Policy Committee: Credibility and consistency | Business Standard–31.07.2017
Come August 2, the six-member Monetary Policy Committee (MPC) will announce its verdict. This is the sixth meeting of the committee and much water has
Flying high on deceit | Business Line–31.07.2017
“The new loans did nothing to revive Kingfisher and the airline stopped flying in October 2012. In another month’s time, lenders like BNP Paribas of
Fino Payments Bank eyeing 1 lakh touch-points: Gupta | Business Line–31.07.2017
Fino Payments Bank, which recently went live, plans to increase its touch-points to one lakh from the existing 25,000 in the next 3-5 years, Rishi
Not just banks, your unpaid supplier of goods or services can now initiate bankruptcy proceedings–Economic Times–30.07.2017
RBI will not ease any norms for commercial banks for the reason that IBC has not been made mandatory to be followed by Commercial Banks.
The pros and cons of RBI rate cut | Business Standard–30.07.2017
Outside the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), there is growing clamour for a cut in the interest rate. The
Dena Bank trims net loss in Q1 | Business Standard–30.07.2017
Public sector lender Dena Bank has reduced its net loss for the quarter ended June 2017 at Rs 132.65 crore on account of lower provisions
L&T net up 46% but order inflow down to 3-year low | Business Standard News–30.07.2017
S N Subrahmanyan, managing director, Larsen and Toubro. Photo: Kamlesh Pednekar Engineering major Larsen and Toubro reported a 46 per cent jump in consolidated net
Central Bank of India reports lower loss of Rs 577 cr in Q1 | Business Line–30.07.2017
Lower burden of loan loss provisioning and income tax refund saw Central Bank of India report lower net loss of Rs. 577 crore in the
IOB goes live with Bharat Bill Payment system | Business Line–30.07.2017
Public sector Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India, for its customers. BBPS is an
Banking system: Bandhan Bank CEO Chandra Shekhar Ghosh advices MSME units to select best CAs–Economic Times–29.07.2017
Bandhan Bank MD and CEO Chandra Shekhar Ghosh today advised the MSME units in the country to select best chartered accountants, saying “It is not
Majority of economists see RBI rate cut next week: BS poll | Business Standard–29.07.2017
Unlike the June policy, when the consensus was that the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would decide on
CAG raps govt-owned banks for understating non-performing assets | Business Standard–29.07.2017
The Comptroller and Auditor General of India (CAG) has slammed the managements and statutory auditors of 12 public sector banks (PSBs) for overstating their net
IBBI chief: Bankruptcy Code will address honest failures | Business Line–29.07.2017
The Insolvency and Bankruptcy Code (IBC) 2016 provides the ultimate economic freedom to exit, and also a mechanism to address honest, relative failures, said MS
ICICI Bank Q1 Result: ICICI Bank Q1 profit slips 8% YoY to Rs 2,049 crore; asset quality stable–Economic Times–28.07.2017
Private sector lender ICICI BankBSE -1.02 % on Thursday reported 8.21 per cent year-on-year fall in net profit at Rs 2,049 crore for the quarter
Personal bankruptcy: Pure pie in the sky–Economic Times–28.07.2017
The government is reportedly working on the rules for personal bankruptcy. This is ambition, indeed. Of course, there is nothing wrong with the concept. The
Bad loan crisis: Before banking on bankruptcy code, lenders should follow a carrot and stick policy – The Financial Express–28.07.2017
The Insolvency & Bankruptcy Code (IBC) has laid down the way forward for lenders to expedite recovery and resolution of stressed assets while maintaining priority
RBI to cut repo rate by 25 bps on August 2: HSBC – The Financial Express–28.07.2017
The Reserve Bank is expected to go for a 25 basis points (bps) repo rate cut in its policy review meet on August 2 as
SC allows settlement between parties even after case is admitted under IBC | Business Standard–28.07.2017
The recent Supreme Court order allowing a settlement between parties even after initiation of insolvency proceedings has given new food for thought to bankers, debtors
ICICI Bank: Just an optical improvement | Business Standard –28.07.2017
ICICI Bank’s standalone June quarter (Q1) results, announced after market hours, weren’t any encouraging, except that the bank was rescued to a thankful extent by
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