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
Category: RBI–Banks
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
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
