By MR Umarji The Reserve Bank of India has recently prescribed provisioning requirements for banks in cases where insolvency resolution process is initiated against any
Category: RBI–Banks
Can’t make public the names of big defaulters: RBI to SC | Business Standard News–18.07.2017
The Reserve Bank of India on Monday told the Supreme Court that it could not make public the identities of the big defaulters of loans
Bank of India reports losses, expects to return to black in Q2 | Business Standard News–18.07.2017
Bank of India (BoI), which had been reporting losses for last two consecutive financial years, expects to return to black in the second quarter of
Why Street looked past IDBI Bank’s NPA divergence | Business Standard News–18.07.2017
On May 13, when the Street came to know that YES Bank’s non-performing assets (NPA) figure for FY16 was higher from the Reserve Bank of
Rise in non-performing assets only a blip for IndusInd Bank | Business Standard News–18.07.2017
IndusInd Bank met the Street’s expectations when it reported a 26 per cent growth in its June quarter (Q1) net profit at Rs 837 crore.
Consolidation among PSBs fraught with risks, says AIBEA | Business Line–18.07.2017
The government’s bid to consolidate public sector banks through mergers to create big banks is fraught with risks as many big private banks globally, including
Higher economic growth, a big ask now | Business Line–17.07.2017
The Indian economy is going through an interesting phase with a temperate economic growth rate, benign observed inflation and GST being described as a game-changer
Non-performing loans: Government, RBI nudge banks to pursue one-time settlement to recover non-performing loans–Economic Times–15.07.2017
One-time settlement of dues by defaulters may rise in the next few months as banks’ aggressive move to recover loans and the Reserve Bank of
Yes Bank gets $150 mn from OPIC to fund SME lending – The Financial Express–15.07.2017
Private sector Yes Bank has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small
Cut [ rates ] to grow | Business Line–15.07.2017
The historically low inflation print of 1.54 per cent for June has strengthened voices arguing for a rate cut by the Reserve Bank, and understandably
SS Mundra dispels fears about future of weak banks | Business Line–15.07.2017
Urging all to not fall prey to falsehoods on the future of weak banks, RBI Deputy Governor SS Mundra on Friday said lenders’ inclusion under
Inflation: Retail inflation cools to record low in June, factory output shrinks in May – The Economic Times
Industrial growth slowed to a three-month low in May, possibly due to adjustments in production ahead of the July 1 roll out of goods and
rate cut: Policymakers must ‘reflect’ after record low inflation in June: CEA makes case for a rate cut–Economic Times–13.07.2017
Chief economic adviser Arvind Subramanian said policymakers must “reflect” after data showed consumer inflation at a record low in June amid faltering industrial growth, seemingly
Time for RBI to reduce rates drastically: Rupa Rege Nitsure – The Economic Times–13.07.2017
in interview with ET Now , Mythili Bhusnurmath , Consulting Editor, ET Now and Rupa Rege Nitsure , Chief Economist, L&T Financial Services share their
Slow to start, banks wrestle with insolvency regime | Business Standard News–13.07.2017
Neeraj Singhal, promoter and vice-chairman of Bhushan Steel, was arrested by the Central Bureau of Investigation (CBI) in August 2014. Singhal’s arrest came days after
Loans to MSMEs a means to prop up the sluggish bank credit growth: RBI deputy governor SS Mundra–Economic Times–12.07.2017
Reserve Bank of India deputy governor SS Mundra on Wednesday said loans to micro, small and medium enterprises (MSMEs) should not be seen as a
Why bank lockers are better than home safes–Economic Times–12.07.2017
Even though banks don’t take responsibility, your valuables are safer in a locker than at home. Your valuables are not safe, even in a bank
You asked for it, so the Bankruptcy Code is here to stay–Economic Times–12.07.2017
During the days of corporate debt restructuring (CDR), numerous borrowers and their advisors pleaded that “in the absence of Chapter 11” , they have no
GST launch should pave way for repo rate cut–Business Standard–12.07.2017
In the meeting held on June 7, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided not to cut the repo
Rise in non-performing assets only a blip for IndusInd Bank–Business Standard–12.07.2017
IndusInd Bank met the Street’s expectations when it reported a 26 per cent growth in its June quarter (Q1) net profit at Rs 837 crore.
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