https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece If banks are using methods such as entering into structured deals with a stressed borrower to conceal the bad loan, the RBI
Category: RBI–Banks
FinMin urges PSBs to settle small debt defaults by taking haircuts
https://www.business-standard.com/economy/news/finmin-encourages-psbs-to-settle-small-debt-defaults-by-taking-haircuts-123052900830_1.html Clipped from: https://www.business-standard.com/economy/news/finmin-encourages-psbs-to-settle-small-debt-defaults-by-taking-haircuts-123052900830_1.html Says this would enable in reduction of pending cases at DRTs and enhance recovery for banks The delay in the disposal of
Cash crunch pushing up funding costs in India deterring more RBI hikes
Clipped from: https://www.business-standard.com/economy/news/cash-crunch-increases-funding-costs-in-india-deterring-more-rbi-hikes-123051100465_1.html The weighted average call rate, an overnight funding cost rate the central bank monitors, was at 6.78% on Wednesday, above the upper band
👍👍👍👍👍Protecting banks against failures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/protecting-banks-against-failures/article66696095.ece For long-term stability, full implementation of global standards in regulation, supervision and governance is vital It is some coincidence that a movie titled Everything,
👍Personal loans continue to drive credit expansion, says RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/personal-loans-continue-to-drive-credit-expansion-says-rbi/article66672455.ece RBI said that all population groups (rural, semi-urban, urban and metropolitan) recorded double digit credit growth Personal loans continued to lead credit expansion, with
👍👍👍👍👍👍👍Can Indian banks implode like SVB? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-indian-banks-implode-like-svb/article66623716.ece In SVB’s case the asset-liability gap is huge. India has diversified liabilities in the form of a retail deposit base, while investment portfolios
👍👍👍RBI doing it right on rate hikes, need more: IMF economist Luis Breuer | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rbi-doing-it-right-on-rate-hikes-need-more-imf-economist-luis-breuer-123031501182_1.html She further added that India’s inflation was not due to excessive demand and so there is much less tightening needed than the US
🙏🙏🙏🙏🙏🙏🙏A good night’s sleep for both banks and Reserve Bank | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-good-night-s-sleep-both-for-banks-and-reserve-bank-123031200509_1.html Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the “distance to default” as a
👍👍👍👍👍👍👍Account aggregator framework set to change dynamics in retail finance scene | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/account-aggregator-framework-set-to-change-dynamics-in-retail-finance-scene-123031200685_1.html The AA framework is creating a huge marketplace – based on customers’ consent for sharing data – for all manner of financial vendors
👍👍👍No SVB-like scenario in India; banks are on a strong footing, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/no-svb-like-scenario-in-india-banks-are-on-a-strong-footing-say-analysts-123031000534_1.html The sell-off in the banking pack, analysts said, was a knee-jerk reaction to the developments with US-based Silicon Valley Bank (SVB) that announced
👍Daily UPI transactions jump 50% to 36 crore: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/daily-upi-transactions-jump-50-to-36-crore-rbi/article66588566.ece In value terms, these transactions are worth ₹6.27 lakh crore, a growth of 17 per cent Reserve Bank of India Governor Shaktikanta Das