Category: RBI–Banks

Clipped from: https://www.business-standard.com/article/international/fed-s-faster-than-expected-rate-hike-signal-triggers-world-stock-sell-off-122010700065_1.html Ten-year treasury yield crosses 1.75%, on track for its biggest weekly rise since 2020 Photo: Bloomberg Stock markets were deep in the red

Clipped from: https://www.business-standard.com/article/economy-policy/eclgs-stopped-14-of-loans-from-slipping-into-npa-says-sbi-report-122010700050_1.html The scheme has saved around 15 million jobs and stopped 14 per cent of outstanding MSME loans from turning into non-performing assets (NPAs)

lipped from: https://www.thehindubusinessline.com/money-and-banking/third-wave-could-revive-the-demand-for-restructuring-of-loans-icra/article38146629.ece Risk to banks’ asset quality The threat of the third wave of Covid-19 risks banks’ asset quality, especially the restructured loan book, cautioned

Clipped from: https://www.thehindubusinessline.com/money-and-banking/pci-welcomes-rbi-move-allowing-digital-payments-in-offline-mode/article38151420.ece This is done to enable adoption of digital transactions in rural areas Mumbai, January 6The Payments Council of India has welcomed the move

Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-lays-down-eligibility-norms-for-entities-tapping-credit-bureau-data/2399492/ The rules say a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau,

Clipped from: https://www.financialexpress.com/industry/banking-finance/cvc-expands-ambit-of-advisory-board-on-large-scale-bank-frauds/2400364/ Officials of the level of general managers and above, whole-time directors, including former officials or former whole-time directors are under the ambit of

lipped from: https://www.financialexpress.com/industry/banking-finance/rbi-releases-eligibility-criteria-for-specified-users-of-cics/2399394/ As per the requirements, a ‘specified user’ should be a company incorporated in India or a statutory corporation established in the country. The

Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nbfcs-seek-flexibility-in-msme-loans-refinancing-facility-for-onward-lending-to-small-businesses/2399612/ Credit and Finance for MSMEs: The RBI in November 2021 had asked lenders to classify borrower accounts as overdue as part of their

Clipped from: https://www.thehindubusinessline.com/money-and-banking/more-entities-can-tap-into-info-with-credit-information-companies/article38133288.ece RBI spells out eligibility criteria More entities will become eligible to tap into information with Credit Information Companies (CICs), going by the eligibility

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-framework-to-enable-small-value-digital-payments-in-offline-mode/article38101776.ece?homepage=true Under this new framework offline payments can be made in face-to-face (proximity) mode only The Reserve Bank of India (RBI) on Monday issued

Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/will-2022-see-a-painful-end-to-the-bonhomie-between-the-centre-and-rbi/articleshow/88673502.cmsSynopsis The jugalbandi between RBI and GoI went well beyond the blurring of traditional boundaries that we saw elsewhere in the world, to something

Clipped from: https://economictimes.indiatimes.com/wealth/save/new-bank-locker-rules-effective-from-january-1-how-locker-customers-will-be-impacted/articleshow/88661956.cmsSynopsis Here is a look at the revised guidelines for bank lockers and its impact on locker users, as per the RBI notification. If

Clipped from: https://www.business-standard.com/article/finance/how-l-affaire-rbl-bank-may-impact-rbi-s-equation-with-entities-it-regulates-122010200992_1.html Private banks’ CEO tenures have been in the spotlight since the RBI released its discussion paper on governance in commercial banks in 2020