How can home buyers who have made payment in full or in part be given their homes? The assets now belong to the banks. If
Category: RBI–Banks
Insolvency regulator empowers homebuyers, puts them on a par with creditors | Business Standard News–18.08.2017
The insolvency regulator has brought in a special provision to protect the homebuyers of beleaguered real estate companies such as Jaypee Infratech and Amrapali. The
Consolidation fiasco | Business Standard Editorials–18.08.2017
In May this year, while announcing the bank’s dismal quarterly results for the fourth quarter of 2016-17, State Bank of India (SBI) Chairperson Arundhati Bhattacharya
Time to review banking sector valuations | Business Standard Column–18.08.2017
The Economic Survey Volume 2 makes an interesting point about corporate credit growth. The private sector banks saw credit growth averaging out at around 10-11
18 PSBs among top 20 banks with highest gross NPA ratios: CARE Ratings | Business Line–18.08.2017
Public sector banks are more stressed than their private sector counterparts with the former figuring among the top 20 banks with the highest gross non-performing
RBI Governor Urjit Patel pushed 0.25% rate cut, transmission by banks: MPC minutes – The Financial Express–17.08.2017
RBI Governor Urjit Patel had opted for a moderate rate cut of 25 basis points arguing that low food prices were unusual and vulnerable to
Cashless India: Digital payments on the rise, here is how to solve security problem – The Financial Express–17.08.2017
Bhavin Mody With rapid increase in mobile device usage, m-payments are expected to lead the retail industry. Retailers are heavily investing in making in-store experience
[SBI] Sizing it up | Business Line–17.08.2017
There was a sense of unease when State Bank of India — India’s largest bank — reported its June quarter results, its first after the
MPC members flag weak investment growth and its impact on economy | Business Line–17.08.2017
Even as the Monetary Policy Committee (MPC) voted 4-2 vote in favour of a 25-basis-point cut in the repo rate, majority of the members flagged
Consolidation fiasco | Business Standard Editorials–17.08.2017
In May this year, while announcing the bank’s dismal quarterly results for the fourth quarter of 2016-17, State Bank of India (SBI) Chairperson Arundhati Bhattacharya
Feedback infra: Feedback Infra sees big scope in turning around stressed assets–Economic Times–16.08.2017
Integrated infrastructure service provider Feedback Infra is emerging as a key player in managing and turning around stressed assets portfolio of lenders such as State
Lenders no longer indulge in lazy banking: RBI data | Business Standard News–16.08.2017
In a sign that banks are perhaps getting more comfort from the stickiness of their deposits after demonetisation, the incremental credit-deposit (CD) ratio has crossed
Trend of softening interest rate is here to stay, says Rajnish Kumar | Business Standard News–16.08.2017
Rajnish Kumar MD, National Banking Group, State Bank of India The country’s largest lender, State Bank of India (SBI), recently sprang a surprise by reporting
As NPAs rise, banks moot industry panels to determine value of stressed assets | Business Line–16.08.2017
Suggests special dispensation in provisioning norms to tackle stressed assets With non-performing assets (NPAs) reaching a worrisome position, especially for public sector banks, there may
Rise in bad loans may spawn more ARCs | Business Line–16.08.2017
With RBI moving to resolve issue, players with deep pockets will be keen to set up shop While rising non-performing loans is bad news for
Banks exploring use of artificial intelligence in operations | Business Line–15.08.2017
Several banks have started exploring adoption of artificial intelligence (AI) and machine learning (ML) in their operational processes. “There is substantial attention being paid in
Bankruptcy: Government considering selling off reality developer’s assets to finish stalled projects–Economic Times–15.08.2017
The government is exploring ways of resolving a long-brewing real estate crisis that’s left home buyers in the lurch as developers have struggled to complete
Minimise card frauds abroad by disabling the option | Business Standard News–15.08.2017
Recently, Raj Kumar (name changed on request), a Delhi-based writer, lost Rs 60,000 to credit card fraud. His card was used to make a purchase
How well do you know your credit cards? – Essential FAQs on credit cards | The Economic Times–14.08.2017
via How well do you know your credit cards? – Essential FAQs on credit cards | The Economic Times
saving deposit rate: Saving deposit rate cuts to lead to lower lending rates:Report–Economic Times–14.08.2017
Reduction in saving deposit rates by three large banks over the past fortnight may set the ball rolling for lower lending rates and stoke greater
