Anirban Bhattacharya & Pranay Raj A Reserve Bank of India statement on June 8 has set off a raging debate. The bank has allowed for write-offs and compromise settlements for even frauds and wilful...
The Finance Minister has claimed that in the past eight years the government has disbursed 41 crore Mudra Loans worth Rs.23 crores. This is not at all the governmentâs money.
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how Indiaâs...
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositorsâ interests and provide cost-effective banking services to the public. Its roles are...
Since FY20, banks are giving more personal loans than loans to industry, particularly to large industry, and the growth in personal loans is even more dramatic
The Adani Group is taking all efforts to counter the opinion expressed in the recent CreditSights report, a subsidiary of Fitch Ratings, which said it remains âcautiously watchfulâ of the debt-funded expansion of the...
Take loans as much as you want and expand your empire' â this seems to be the new corporate mantra. A study by CreditSights, affiliated with the credit rating agency Fitch warns about over...
BJP has secured a landslide win in Uttar Pradesh and there are many reasons stated in the press and on the TV discussions, but one which has not come to focus is how the...
RBI vide its June 14, 2021 press release has issued a 30 page âConsultative Document on Regulation of Microfinanceâ (henceforth âDocumentâ) seeking comments from public at large.Â
RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more...
RBI announced in August 2016, that it will move to cap exposure of banks to large borrowers while also taking steps to deepen the Corporate Bond Market.
RBI stated that starting from next fiscal year...
From the day banking started, bankers always had a plan for handing loans going bad. Banking says giving loans has a credit risk due to various reasons. Banks become a partner to the borrower...
Nationalisation of the banks which had deposits above Rs.50 Crores, covering almost 85% of the total deposits on 19th July 1969 was historic, dramatic and welcomed by majority of the people. Some described it...