Page 23 - Anup Roy

Currency market eyes Chinese yuan, sees RBI reserve accumulation

China and the United States have softened their stance on trade tensions, but this is nowhere a resolution, say currency dealers

We'll recover at least 50% of group's debt by March 2020, says IL&FS

The group is in the process of addressing Rs 36,400 crore of debt till date, of which recovery or resolution of at least Rs 30,000 crore is expected, it says

Indian banks are most vulnerable in Asia-Pacific economies, says Moody's

Banks in India risk seeing their capital severely depleted if there is a rise in corporate defaults, warned global rating agency Moody's

Rising outstanding debt of states challenging, says Reserve Bank report

For 2019-20, states have budgeted a consolidated GFD of 2.6% of the GDP

Crisis-hit PMC Bank used dummy accounts to escape RBI's attention

The bank misled auditors of the RBI by replacing legacy accounts of the company with dummy accounts, dating back to 2008

RBI got a whiff of evergreening at Punjab and Maharashtra Co-operative Bank

Central bank had flagged large-scale non-performing advances, but didn't have adequate evidence till September 19

BS monetary policy poll: Majority see 25-bps rate cut in Oct 4 meet

Inflation to stay within 4% target, say economists

PMC Bank set to file FIR against sacked managing director Joy Thomas

Joy Thomas to be charged with misrepresenting the bank's books and hiding bad debts of HDIL

FSDC sub-committee discusses developing stressed assets markets

The sub-committee meeting, which was chaired by RBI Governor Shaktikanta Das, also discussed about measures to strengthen the systems against frauds

RBI's new norms can bring more efficiency in a bank's liquidity management

The framework is proposing that system liquidity should ideally be kept in deficit mode of 0.25-0.50 per cent of the deposit base

RBI places restrictions on Punjab & Maharashtra Co-op Bank's biz for 6 mths

Supersedes board, appoints admin; exposure to HDIL bone of contention

Corporation tax cut: Bond yields may harden, rupee likely to remain stable

The liquidity framework is expected to make rate management conditioned on the prevailing liquidity in the system

Corporate tax cut: RBI gets rate respite, cost of funds for firms to soften

Borrowing cost for corporates can come down owing to an improved balance sheet and rating upgrades

Focus on sustainability of agriculture, not loan waivers, says RBI

RBI panel says banks should partner agri-tech firms to provide quick loans to farmers

Repo-linked loans: Home buyers to see higher outgo in initial years

Under the new structure, SBI has divided the principle amount of the loan by the tenur

RBI panel suggests setting up new entity to boost home loan securitisation

Securitisation is needed to widen the pool of resources available to housing finance companies

ARCs getting aggressive in asset purchase: Explained in three charts

Most of the assets picked up by ARCs are corporate loans

RBI deputy governor B P Kanungo sees risk of bond supply dwindling

The situation is not impressive in corporate bonds either

Repo-link effect: Banks likely to raise risk spread, say analysts

Private sector bankers have earlier warned that repo is inherently a volatile rate, but linking the lending rates to the short-term treasury bills would be even more volatile

Market salary for a few in a public sector bank could be a chimera

The possibility is that high calibre chief risk officers in the PSBs already earn Rs 1 crore to Rs 2 crore, whereas even SBI chairman could be earning less than Rs 30 lakh