RBI
RBI cautions states on the risks of competitive farm loan waivers
08 Jun 2017
According to a report by Bank of America Merrill Lynch, various state governments in India are expected to waive off loans worth Rs2,50,000 crore
RBI keeps rates unchanged; decides to wait and watch
07 Jun 2017
RBI governor Urjit Patel on Tuesday said there are a lot of ‘moving pieces’, including the monsoon, consumer inflation, input and wage costs and the rollout of the Goods and Services Tax (GST), the risks of which are yet to play out
RBI urges banks to gear up for account portability
31 May 2017
Bankers aren’t quite convinced that this could be done with the multiple account number formats and also because inter-bank portability of bank account numbers could lead to fierce competition in the banking industry
RBI to boost oversights panel, empower rating agencies in NPA fight
23 May 2017
RBI will reconstitute the present banks oversights committee with more members and expand the scope of cases to be referred to the OC beyond those under S4A as required currently
RBI issues timeline for faster resolution of banks’ NPAs
06 May 2017
The RBI says the decisions agreed by a minimum of 60 per cent of creditors by value and 50 per cent of all creditors would be the basis for deciding corrective action plans, which would be binding on all lenders
