Clipped from: https://www.business-standard.com/article/pti-stories/rbi-issues-revised-prompt-corrective-action-framework-for-banks-121110201548_1.html Capital, asset quality and leverage will be the key areas for monitoring in the revised framework, the RBI said The revised PCA framework
Category: RBI–Banks
SREI founders may offer resolution plan under CIRP if RBI and lenders allow | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/srei-founders-may-offer-resolution-plan-under-cirp-if-rbi-and-lenders-allow-121110201599_1.html Will refrain of apex bank and lenders resist such a move, says Hemant Kanoria The Kanorias, founders of SREI group, may look at
$158 billion finance gap for India’s 15M women MSMEs, 66% don’t have bank account: IFC’s Qamar Saleem – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/158-billion-finance-gap-for-indias-15m-women-msmes-66-dont-have-bank-account-ifcs-qamar-saleem/2357938/ Credit and Finance for MSMEs: The finance gap is largest for the women-owned ‘very small enterprises’ (WVSE) segment in India, which according to
To ease lending, FinMin moves to boost bankers’ morale, growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/to-ease-lending-finmin-moves-to-boost-bankers-morale-growth/article37273674.ece Broad guidelines issued on staff accountability for NPAs up to ₹50 cr In a move aimed at lifting the morale of public sector
RBI’s hard choice: Sustaining growth versus controlling inflation -Watch | The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/watch-rbis-hard-choice-sustaining-growth-versus-controlling-inflation/article37283240.ece A few weeks ago, the high prices of food commodities made headlines nationally. Additionally, fuel prices are also at near all-time highs. A
Just reward – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/just-reward/article37288995.ece A second term for the RBI Governor is a recognition of his work but may be more challenging than the first The government
NPA position of Indian Banks indicates gradual improvement: CARE Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/npa-position-of-indian-banks-indicates-gradual-improvement-care-ratings/article37297894.ece The Gross NPA (GNPA) ratio of the aforementioned banks has improved to 6.97 per cent as at September-end 2021 against 7.32 per cent
More hype than actual impact | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/mudra-more-hype-than-actual-impact-1046109.html The government is still in the same excitement as it believes and maintains that PMMY (Pradhan Mantri MUDRA Yojana) has been a tremendous
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/small-medium-issue-economic-recovery-gaining-steam-but-low-income-groups-demand-msmes-are-concerns/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
E-rupee a gamechanger? Central bank digital currencies have some little-known downsides. RBI needs to assess them
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/e-rupee-a-gamechanger-central-bank-digital-currencies-have-some-little-known-downsides-rbi-needs-to-assess-them/ When you hold a hundred rupee note in your hand, you will see a pledge by the RBI Governor: “I promise to pay
Three cheers and three challenges | Business Standard Column
An open letter to Reserve Bank of India Governor Shaktikanta Das Dear Governor, Congratulations. You are not the first governor to get an extension but
In a first, personal loans beat credit to industry – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/in-a-first-personal-loans-beat-credit-to-industry/articleshow/87443603.cms Representative photo: PTIMUMBAI: The share of personal loans in bank credit has for the first time overtaken overall loans to the industry sector during the
IBA welcomes proposed staff accountability norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/iba-welcomes-proposed-staff-accountability-norms/article37271151.ece?homepage=true Revised norms from April 1, 2022, a morale booster, says the association Our Bureau The Finance ministry’s decision to ask Public Sector Banks (PSBs)
Taking a closer look at money supply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/taking-a-closer-look-at-money-supply/article37270351.ece?homepage=true For an understanding of inflation, observing money supply growth as opposed to just reserve money growth, is very important Milton Friedman said in
Why gold loans continue to glitter in these trying times – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-gold-loans-continue-to-glitter-in-these-trying-times/article37268187.ece?homepage=true As economy unlocks, micro enterprises, individuals are turning to gold loans for working capital, personal needs Gold accounts for a large proportion of
How to make MSMEs credit ready through supply chain financing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-to-make-msmes-credit-ready-through-supply-chain-financing/articleshow/87388836.cmsSynopsis Over 70% of the funds needed by small business is in the form of working capital. The current set of loan products offered
Bank ownership in hands of corporates not desirable: ex-SBI chairman Rajnish Kumar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-ownership-in-hands-of-corporates-not-desirable-ex-sbi-chairman-rajnish-kumar/articleshow/87403225.cmsSynopsis Allowing corporates to own banks in the country is not desirable due to the likely risks of related party transactions, former State Bank
Fintechs in a happy space – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fintechs-in-a-happy-space/article37179165.ece The market is growing and investments are flowing in India’s fintech firms have taken giant strides in the past half-a-dozen years in transforming
Careful on CA convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/careful-on-ca-convertibility/2357458/ Big, sudden foreign capital outflows can disrupt markets To be sure, we have come a long way since then; today, domestic residents can
RBI exempts borrowers with less than Rs 5-crore bank loans from ambit of current accounts circular – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-exempts-borrowers-with-less-than-rs-5-crore-bank-loans-from-ambit-of-current-accounts-circular/2359851/ FE had reported on September 4 that the Indian Banks’ Association (IBA) had requested the RBI to exempt accounts held by the government
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