RBI right to link banks' valuation to market prices
Public sector bank executives said the move was expected to provide predictability over cash flow for lenders
The central bank has invited comments on the draft guidelines from banks and other stakeholders by June 26.
A move to appoint a government official as a deputy governor in the RBI seems to be aimed at improving co-ordination between the regulator and the finance ministry
A panic, in fact, is in the stock market, where the shares of these banks have been clobbered; this relative tranquility is a contrast with the developments in the undivided UTI of 2001
Initial optimism about the speed of the asset recovery programme under the new code now seems unwarranted
No more soft pedalling, says apex bank, as it compels lenders to refer bad loans to IBC if account isn't restructured in six months
The proposed NRI bonds, if issued, will be the fourth tranche, and can be used to recoup forex reserves and defuse the rupee impact from higher oil prices
The move comes at a time the Reserve Bank of India (RBI) is said to have raised objections over Axis Bank's decision to reappoint Shikha Sharma
The Reserve Bank of India (RBI) has said economic activity is expected to gather pace in 2018-19
For adequate compensation, breach of fair practices code, an individual may still need to approach consumer forum
The RBI will also allow standalone primary dealers to avail term repo auctions on March 28,
The new system will force lenders to identify and tackle any stressed-asset accounts more rapidly
But more analysts now believe tightening looms down the road after surging oil and food prices led India's consumer inflation to a 17-month high in December
The report commends the RBI for the remarkable progress in strengthening banking supervision since the last FSAP
"For the week ahead, RBI (Reserve Bank of India) policy meet is the key event and market expects a status quo," said Vinod Nair, head of research, Geojit Financial Services.
The basic fault lies in banks, besides the usual government interference in their affairs
In August, the RBI had paid a dividend of Rs 30,659 crore for the fiscal ended June 2017. It was less than half the Rs 65,876 crore it had paid in 2015-16
The report finds that both the extent as well as the pace of reduction in the MCLR have been uneven
Urjit Patel's argument on currency swaps should be heard