RBI
RBI widens ambit for banks to deal with loan defaulters
23 Dec 2014
RBI has defined a non-cooperative borrower as a defaulter who deliberately stonewalls legitimate efforts of lenders to recover their dues, thereby narrowing the difference with a ‘willful defaulter’
Financial discipline will help lower lending rates, says Rajan
03 Dec 2014
By over-leveraging bank credit Indian companies are piling up debt to unserviceable levels resulting in NPAs, which keeps lending rates high, cautions RBI governor Raghuram Rajan
Time not yet ripe for rate cut, says RBI governor
02 Dec 2014
RBI governor Raghuram Rajan said if the current downward inflationary trend continues, and fiscal developments are encouraging, a change in the monetary policy stance is likely early next year, including outside the policy review cycle
Stop protecting defaulting corporate `honchos,’ Rajan tells banks
26 Nov 2014
The amount written off by banks as bad debts in the last five years would have been enough to fund the education of 1.5 million of the poorest children in the top private universities of the country, all expenses paid,” the RBI governor said
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