https://www.loksatta.com/business/finance/abhyudaya-cooperative-bank-crisis-hit-willful-default-tripled-in-a-year-vrd-88-4096752/ Clipped from: https://www.loksatta.com/business/finance/abhyudaya-cooperative-bank-crisis-hit-willful-default-tripled-in-a-year-vrd-88-4096752/ ३१ ऑक्टोबर २०२२ पर्यंत मुंबईस्थित अभ्युदय सहकारी बँकेची एकूण बुडीत कर्जे १३२ कोटी रुपये होती, जी एका वर्षात वाढून ४१६ कोटी रुपये
Category: RBI–Banks
RBI–MPC–DC Edit | Markets show stability, resilience
https://www.deccanchronicle.com/opinion/dc-comment/091223/dc-edit-markets-show-stability-resilience.html Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/091223/dc-edit-markets-show-stability-resilience.html Reserve Bank of India (RBI) Governor Shaktikanta Das arrives to address a press conference on monetary policy statement, at the RBI headquarters,
Inflation remains a bugbear – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/inflation-remains-a-bugbear/article67619249.ece Clipped from: https://www.thehindubusinessline.com/opinion/inflation-remains-a-bugbear/article67619249.ece With growth momentum in place and inflation above 4 per cent, a rate cut is not likely anytime soon In a manner
In last 9 years, PSBs have not recovered even ₹1 vs ₹5 written off: FinMin in Lok Sabha – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/public-sector-banks-have-not-recovered-even-re-1-against-rs-5-written-off-in-last-9-years-lok-sabha/article67627191.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX8OXMB4HBZD#cxrecs_s Against an aggregate loan write-off of Rs 10.42 lakh crore, PSBs have recovered just Rs 1.61 lakh crore from written-off loans, since financial
MPC less hawkish now – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/mpc-less-hawkish-now/article67628124.ece Clipped from: https://www.thehindubusinessline.com/opinion/mpc-less-hawkish-now/article67628124.ece Fears ‘overtightening’, but OMO may return later The MPC’s policy was broadly in-line with expectations. Looking at the fineprint, the RBI’s guidance
The UPI nudge – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/the-upi-nudge/article67627565.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-upi-nudge/article67627565.ece Despite RBI efforts, high-value payments pose problems In recent times, monetary policy announcements by the Reserve Bank of India have invariably included
RBI keeps all options open to manage liquidity
https://www.business-standard.com/opinion/columns/rbi-keeps-all-options-open-to-manage-liquidity-123120801398_1.html Clipped from: https://www.business-standard.com/opinion/columns/rbi-keeps-all-options-open-to-manage-liquidity-123120801398_1.html Inflation and central bank policy rates seem to have peaked for most countries, while the pace of economic activities remains varied across
Central banking and cricket
https://www.business-standard.com/opinion/columns/central-banking-and-cricket-123121000494_1.html Clipped from: https://www.business-standard.com/opinion/columns/central-banking-and-cricket-123121000494_1.html While the economy seems to be on a firm growth path, the fight against inflation is not over yet. It has not
Needed, better disclosure of loan write-offs, recoveries – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/needed-better-disclosure-of-loan-write-offs-recoveries/article67610999.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/needed-better-disclosure-of-loan-write-offs-recoveries/article67610999.ece Loan losses have implications for multiple stakeholders Every few months, a Parliament question or an RTI query forces the Finance Ministry or
RBI raises limit of e-Mandates for recurring online transactions to 1 lakh
https://www.business-standard.com/economy/interviews/rbi-raises-limit-of-e-mandates-for-recurring-online-transactions-to-1-lakh-123120801110_1.html Clipped from: https://www.business-standard.com/economy/interviews/rbi-raises-limit-of-e-mandates-for-recurring-online-transactions-to-1-lakh-123120801110_1.html The move is believed to further encourage transactions through the digital payment channels in the country Photo: Bloomberg Listen to This Article
Needed, better disclosure of loan write-offs, recoveries – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/needed-better-disclosure-of-loan-write-offs-recoveries/article67610999.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/needed-better-disclosure-of-loan-write-offs-recoveries/article67610999.ece Loan losses have implications for multiple stakeholders Every few months, a Parliament question or an RTI query forces the Finance Ministry or
Public sector bankers to get 17 per cent wage hike – The Hindu
https://www.thehindubusinessline.com/money-and-banking/bankers-in-public-sector-to-get-17-per-cent-wage-hike/article67617163.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bankers-in-public-sector-to-get-17-per-cent-wage-hike/article67617163.ece The last wage settlement finalised a 15 per cent hike Bankers in the public sector and old private sector banks have some
RBI to introduce regulatory framework for loan aggregation services – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-to-introduce-regulatory-framework-for-loan-aggregation-services/article67617375.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-introduce-regulatory-framework-for-loan-aggregation-services/article67617375.ece The recommendations of the Working Group on Digital Lending were accepted by the central bank in August 2022 The Reserve Bank of India is to
RBI to establish cloud facility for financial sector data – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-to-establish-cloud-facility-for-financial-sector-data/article67617643.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-establish-cloud-facility-for-financial-sector-data/article67617643.ece The facility is expected to enhance the security, integrity and privacy of financial sector data The Reserve Bank of India (RBI) is working on
FinMin gives thumbs up to RBI’s assessment of economy – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/finmin-gives-thumbs-up-to-rbis-assessment-of-economy/article67618520.ece Clipped from: https://www.thehindubusinessline.com/economy/finmin-gives-thumbs-up-to-rbis-assessment-of-economy/article67618520.ece Finance Ministry on Friday endorsed the RBI’s assessment of the economy in the latest monetary policy review, noting that central bank upping