Clipped from: https://www.business-standard.com/article/opinion/shaktikanta-das-2-0-lifting-the-skills-of-rbi-staff-to-be-the-real-legacy-121102900986_1.html Making RBI’s professional skills comparable to the best in the world will not be easy because those who have to be supervised the
Category: RBI–Banks
Banking accountability | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/banking-accountability-121110201915_1.html Robust system is needed for investigation Bankers are in shock after the arrest of former State Bank of India (SBI) chairman Pratip Chaudhuri by
RBI drops ‘profitability’ benchmark for declaring banks as weak under its PCA framework – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/rbi-drops-profitability-benchmark-for-declaring-banks-as-weak-under-its-pca-framework-311168-2021-11-02 According to RBI’s new guidelines, capital, asset quality, and leverage will be the three key areas for monitoring in the revised framework. The
Stressed asset sales should take place earlier: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/stressed-asset-sales-should-take-place-earlier-rbi-committee-report/articleshow/87492225.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The RBI-appointed committee also recommended that the minimum net owned funds requirement for asset reconstruction companies should be doubled to two billion rupees.
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
Chaudhuri arrest case: Alchemist ARC accuses loan defaulters of complicity | Business Standard News
lipped from: https://www.business-standard.com/article/finance/chaudhuri-arrest-case-alchemist-arc-accuses-loan-defaulters-of-complicity-121110101427_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Says former SBI chief’s arrest was based on protest petition filed by erstwhile directors of Hotel Gaudavan; non-bailable warrants were issued without any
RBI issues revised Prompt Corrective Action framework for banks | Business Standard News
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
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
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