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Tag: RBI

Economy

Borrower behaviour will deteriorate

April 3, 2019April 3, 2019 - by Abdul

According to analysts,Supreme Court judgment striking down the Reserve Bank of India’s February 12 circular that dealt with the resolution of stressed assets will lead to deterioration of borrower behaviour …

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Economy

Credit negative for banks, says Moody’s

April 3, 2019April 3, 2019 - by Abdul

According to credit rating agency Moody,Supreme Court’s decision to strike down the February 12,2018 circular of the Reserve Bank of India (RBI) will be credit negative for Indian banks. They …

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Economy

RBI order on defaulters lacked govt. nod, says SC

April 3, 2019April 3, 2019 - by Abdul

The Supreme Court has struck down the Reserve Bank of India’s Feb. 12 circular on the grounds that the regulator can give directions to banks on stressed assets only upon …

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Economy

RBI tweaks NPA divergence disclosure norms

April 2, 2019April 2, 2019 - by Abdul

The Reserve Bank of India (RBI) has said that banks should disclose Non performing assets(NPA) divergences if there is a more than 10% difference in their assessment of bad loans …

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Economy

New loan pricing scheme may be put off

March 29, 2019March 29, 2019 - by Abdul

The Reserve Bank of India(RBI) may extend the deadline for banks to shift to the new loan pricing regime which was scheduled to be implemented from April 1.This new external …

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Economy

RBI receives aggressive bids, infuses ₹34,500 cr. liquidity

March 27, 2019 - by Abdul

The Reserve Bank of India has successfully concluded a forex swap auction intended to ease liquidity conditions.The central bank bought the targeted $5 billion as part of the long term …

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Economy

Norms soon for regulatory sandbox for fintech sector

March 26, 2019March 26, 2019 - by Abdul

Addressing the Fintech conclave,Reserve Bank of India Governor said that RBI will release the guidelines for the creation of a ‘regulatory sandbox’ for the fintech sector. NITI Aayog had organised …

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Economy

RBI again defers Ind AS implementation by banks

March 24, 2019March 25, 2019 - by Abdul

The Reserve Bank of India has again deferred the implementation of the Indian Accounting Standards (Ind AS) by banks as the requisite legislative amendments are still under consideration. The implementation …

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Economy

RBI seeks modification of NCLAT order in IL&FS case

March 20, 2019March 20, 2019 - by Abdul

The Reserve Bank of India has decided to appeal in the National Company Law Appellate Tribunal(NCLAT) to seek a modification of its earlier order. Earlier,NCLAT had restrained banks from declaring …

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Economy

Forex swap for liquidity has been received well, says RBI Governor

March 20, 2019March 20, 2019 - by Abdul

The Reserve Bank of India’s Governor has said that the market response to the foreign exchange swap arrangement announced by RBI has been received well. Recently,RBI has decided to inject …

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