RBI deputy governor Gandhi says banks need to urgently reduce stressed assets
His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again The post RBI deputy governor Gandhi says banks need to urgently...
View ArticleGandhi is right; NPAs warrant urgent action but banks have no magic wand to...
It isn’t easy to address the present bad loan problems of Indian banks since the rot runs deeper, unless the government wakes up to the problem and act with urgency to save the banking sector The post...
View ArticleQissa Kingfisher ka: Lenders already know of fund diversion; but will they...
Chances of the banks getting back their dues appear less and ultimately, it is the taxpayers who bear the brunt The post Qissa Kingfisher ka: Lenders already know of fund diversion; but will they get...
View ArticleMicrolending: Jaitley may be making a mistake by putting PSBs on mission...
A big part of the bad loan problems currently faced by Indian banks can be attributed to forced directed lending by the government through state-run banks. The government shouldn’t do the mistake...
View ArticleAadhaar: Raghuram Rajan welcomes SC order, says it will help widen financial...
Talking about the NPAs, Rajan said the RBI has given a lot of power to banks to recover bad loans The post Aadhaar: Raghuram Rajan welcomes SC order, says it will help widen financial inclusion...
View ArticleBanking will become premise-less, paper-less with help of technology: PM Modi
The prime minister said the banking sector is poised to achieve a big boost in growth in rural areas. The post Banking will become premise-less, paper-less with help of technology: PM Modi appeared...
View ArticleDecoding Moody’s, Fitch comments: Cracking the banking puzzle remains...
Bringing down the government stake in state-run banks and eventually privatising these entities in the medium term is even more critical in the backdrop of cracked balance sheets of banks and corporate...
View ArticleBankruptcy law will help lenders only if judicial resolution is quicker
The short point is the bankruptcy code will lack the teeth unless there is clarity on faster judicial resolution of insolvency cases The post Bankruptcy law will help lenders only if judicial...
View ArticleGovt launches Uday, scheme to rescue state bankrupt discoms
New Delhi - In a bid to rescue almost bankrupt state electricity retailers, the Cabinet on Thursday late approved a scheme for rejig of Rs 4.3 lakh crore debt of the utilities besides measures to cut...
View ArticleRescuing state discoms: UDAY can indeed bring a new dawn; but will states let...
It will be interesting to see if state governments go beyond scoring political points and implement UDAY in spirit The post Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let...
View ArticleTwo years of Modi in 6 charts: Check out how the govt has fared
It bodes well for the country that the government has resorted for structural reforms rather than quick fixes to boost the economy The post Two years of Modi in 6 charts: Check out how the govt has...
View Article#RetainRajan: Mr Swamy, if you are still not convinced, check out these graphs
Since Swamy, BJP and PM Modi himself seem to be unconvinced, here are 4 data points that will help them understand the importance of Rajan The post #RetainRajan: Mr Swamy, if you are still not...
View ArticleRBI governor: Why Arundhati Bhattacharya may not be a good choice
If Bhattacharya is catapulted to the position of the chief regulator, she would be in a position to transform the Bad Bank idea into a reality The post RBI governor: Why Arundhati Bhattacharya may not...
View ArticleBanks asset quality stress needs to dealt first: Raghuram Rajan
Stressing on need to continue with sound domestic policies and reforms, RBI Governor Raghuram Rajan today said banks' asset quality stress has to be dealt first in order to revive the credit growth....
View ArticleFinancial stability report in 5 points: NPAs seen worsening, India Inc in...
The report noted Indian companies' leverage situation has improved in 2015-16 and the overall risks in the corporate sector have also moderated The post Financial stability report in 5 points: NPAs...
View ArticleRBI report shows Raghuram Rajan’s ‘Swachh Banks’ mission is working
The muck is finally coming out of bank balance sheets, probably for the first time on such scale. That’s the good news in the bad news (of rising NPAs) The post RBI report shows Raghuram Rajan’s...
View ArticleLarge part of bank NPAs due to fraudulent advances: CAG
CAG also says a large part of these loans may now be irretrievable as they are likely to have been transferred abroad The post Large part of bank NPAs due to fraudulent advances: CAG appeared first on...
View ArticleVijay Mallya: It’s a witch hunt in India, ‘interview’ me in London
Vijay Mallya said in India investigative agencies are political tools that do not hesitate to go on a wild-goose chase The post Vijay Mallya: It’s a witch hunt in India, ‘interview’ me in London...
View ArticleVijay Mallya gets SC contempt notice for not disclosing entire assets
The contempt plea was moved by the consortium of 17 banks, which had lend to Malyya's Kingfisher Airlines, nearly to weeks back The post Vijay Mallya gets SC contempt notice for not disclosing entire...
View ArticleSC issues contempt notice to Vijay Mallya for concealing wealth details
Mukul Rohatgi said Vijay Mallya concealed a lot of information, including a cash transaction to the tune of Rs 2500 crore The post SC issues contempt notice to Vijay Mallya for concealing wealth...
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