On June 13, the central bank had identified a clutch of 12 accounts—this included Essar Steel—that were to be referred by banks to the NCLT,
Category: RBI–Banks
Giving NPAs a decent burial–Economic Times–06.07.2017
By Reshmi Khurana The government and regulators are paying urgent attention to India’s large and mounting non-performing assets (NPAs). Last month, the Securities and Exchange Board
IDFC to accelerate lending, plans to achieve vision of mass retail banking
IDFC Bank, which concluded first full year of operations in 2017, said its vision is to become a mass retail bank in five years. To
Using bank merger to raise resources will not provide new model to investors; here is why–Financial Express–06.07.2017
The Narasimham Committee-I of 1991 had recommended that the system finally should move towards having a handful of national level banks which can compete globally.
Banks see credit growth for SMEs & self-employed after GST rollout–Economic Times–05.07.2017
With detailed information on taxes and businesses now available in an electronic format, bankers believe SME and self-employed portfolio may see faster credit expansion. These
Banking sector: More of a crisis than opportunity–Business Standard–05.07.2017
The NPA situation is likely to get worse. The Reserve Bank of India’s (RBI’s) Financial Stability Report projects gross non-performing assets (NPAs) could rise to
Recast of state-run banks before stake sale wrong: RBI ex-guv Y V Reddy
Former RBI Governor Y V Reddy has said that the idea of government first restructuring public sector banks (PSBs) and then selling a stake in
Bank loans to individuals: Growth hits slowdown in May–Financial Express–04.07.2017
The growth in bank loans to individuals was 13.7% year-on-year (y-o-y) in May, compared with 19.1% recorded in the same month of 2016, data released
Bad loans at Indian banks climb to a 15-year high and may increase further–Financial Express–02.07.2017
Weakness in the Indian banking system is a threat to growth in Asia’s third-largest economy and may stall Prime Minister Narendra Modi’s plan to revive
Stress in the economy could worsen NPA woes: RBI – The Economic Times–01.07.2017
The health of India’s banking system deteriorated further in the second half of last fiscal year due to rising bad loans and eroding profitability, but
The NPA denouement–Business Standard–30.06.2017
Banking stocks have in the last few days faced pressure from worried investors after the Reserve Bank of India (RBI) surprised many banks by demanding
Why Bank of Baroda is among preferred PSBs–Business Standard–30.06.2017
Bank of Baroda (BoB) is among the few public sector banks (PSBs) which are better placed to reclaim the lost investor faith. According to a
NPA crisis: Sebi plans to relax norms for purchase of distressed assetsBusiness Standarad–19.06.2017
Capital market regulator Securities and Exchange Board of India (Sebi) is again extending a helping hand to the government and the Reserve Bank of India
Bill to deal with crisis in banks, insurers gets Cabinet go-ahead–Indian Express–16-06-2017
To protect the stability and resilience of the financial system, protect public funds and obligations of consumers up to a reasonable limit, the Union Cabinet
Banks express concern over stress in telecom sector–Business Standard–15-06-2017
Four large banks that met an inter-ministerial group (IMG) today expressed concern over “stress” in the telecom sector and flagged the possibility of loan default
Telecom–4 banks voice concern about stressed advances to this sector–Business Standard –15-06-2017
via Banks express concern over stress in telecom sector | Business Standard News
5 things to know before you use a payment bank – The Economic Times
The Reserve Bank of India has given out 11 payment bank licences. To make the most of these banks, it is essential you know what
Paytm Payments Bank launched; 10 points guide on what it means for you—सविस्तर माहितीसाठी Financial Express मधील बातमी वाचावी.
Paytm on Tuesday became the third entity after Airtel and India Post to launch the Payment Bank in India. The bank claims to be India’s
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