Atanu Mukherjee The introduction of the Insolvency and Bankruptcy Code, the formation of Insolvency and Bankruptcy Board of India (IBBI) and the recent RBI directed
Category: RBI–Banks
Indian banks most at risk among South, South-East Asian peers: Poll – The Financial Express–27.07.2017
Indian banks are most at risk in South and South-East (S-E) Asia, and being under-capitalised, they lack sufficient loan provisioning, says a Moody’s poll. It
Time to cut rates | Business Standard Editorials–27.07.2017
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will meet next Wednesday to review the central bank’s policy stance. The RBI
YES Bank — Improvement in asset quality offers respite to investors | Business Line–27.07.2017
YES Bank continued to deliver strong traction in loans, healthy deposit growth and improving margins in the latest June quarter. But for investors, the bank’s
FinMin asks PSBs to work togetherto hive off consortium loans gone bad | Business Line–27.07.2017
Says a united front will yield a better price from ARCs than selling loans piecemeal If public sector banks have collectively given a company a
Banks lending to housing segment loses steam | Business Line–27.07.2017
With corporate lending taking a hit due to downturn in investment activity, banks have been relying on the retail segment to drive growth. Within retail,
Axis Bank Q1 net plunges 16% to ₹1,306 cr as bad loans mount | Business Line–27.07.2017
This is the sixth consecutive quarter in which the lender posted a decline in profit Axis Bank’s net profit shrunk for the sixth quarter on
’Rs 8 lakh cr NPAs may face bankruptcy proceedings’ | Business Line–27.07.2017
Emboldened by the Banking Regulation (Amendment) Ordinance, the RBI is expected to push for resolution bad loans worth around Rs. 8 lakh crore by March
NPA: Big financial blow for NPA-laden banks on cards as RBI unlikely to ease provisioning load–Economic Times–26.07.2017
Banks hoping to escape steep provisions on loans referred to bankruptcy court, apart from the 12 companies that the Reserve Bank of India (RBI) recently
Kotak Mahindra Bank: Improving growth in Kotak Mahindra bank’s loan book may enhance investor interest–Economic Times–26.07.2017
Shares of Kotak Mahindra bankBSE -0.42 % (KMB) have been lagging its peers – most expensive private banks in terms of valuation – this year
Axis Bank Q1 net falls 16% – The Financial Express–26.07.2017
Axis Bank on Tuesday reported a 16% decline in year-on-year net profit to Rs 1,305.60 crore, hurt by higher provisions for bad loans and lower
Bad loans crisis: How to rescue public sector banks – The Financial Express–26.07.2017
On Sunday, November 23, 2008, the United States government, acting in concert with the Board of Governors of the Federal Reserve System and the Federal
Essar case: RBI wins but bruises remain | Business Standard Column–26.07.2017
The Gujarat High Court’s decision to dismiss Essar Steel’s petition challenging the initiation of bankruptcy proceedings against the company came as a huge relief to
All petitions should be clubbed under insolvency code, Era Infra tells NCLT | Business Standard News–26.07.2017
Era Infra Engineering on Tuesday argued that all winding up petitions against the company being heard in courts under the Companies Act be clubbed under
Personal loans made easy via ATMs and apps: How it works | Business Standard News–26.07.2017
It’s not just large private sector banks that are offering instant loans to their customers through ATMs or via online bank accounts. Financial technology start-ups
Hidden value–PSBs | Business Line–26.07.2017
As the RBI, the banks and the new Bankruptcy Board double down to the task of resolving the bad loan imbroglio, one thing is becoming
A case of double standards | Business Line–26.07.2017
A recent Crisil research report has said that the top 50 stressed assets, which account for over half the total NPAs of ₹8 lakh crore,
loans: Defaulted on your loan? Your bank will soon be legally bound not to hound you for one-time repayment–Economic Times–25.07.2017
The government has begun work on laying down a process for individuals to be declared bankrupt, which will help them deal with a financial crisis
Insolvency not the best solution to alleviate NPA pain: HDFC Bank MD Aditya Puri – The Financial Express–25.07.2017
Veteran banker Aditya Puri today said initiating insolvency proceedings is not the “best solution” to fight the bad loan issue and advocated using the recently
New Bill empowers RBI to direct banks to resolve NPAs, appoint advisors | Business Standard News–25.07.2017
A bill to authorise the RBI to direct banking companies to resolve the problem of stressed assets was on Monday introduced in the Lok Sabha
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