Ailing banks, especially public sector banks, appear to have put many of their problems behind them
The three-year swap will take place through an auction on March 26
Inclusion in the list gives additional comfort to investors that these banks won't be allowed to fail and therefore, borrowing costs of these banks from the markets are cheaper than their peers
This liquidity will return only in the next financial year as the government starts spending
A total capex of Rs 1.49 trillion was estimated to have been incurred by the private corporate sector in 2017-18, of which Rs 80,200 crore was from fresh sanctions
At its Tuesday's closing of 69.71 a dollar, the currency is well buffered from its record low of 74.15
The Goldman bonds, even with zero coupon, are issued at a discount implying a yield of 6.947%
In many ways, it is the reflection of the larger non-banking finance company (NBFC) sector fighting a liquidity crisis. But DHFL is a special case
State budgets have generally kept a farmer-centric theme either announcing a new farm support scheme or enhancing the current level of income support to the farmers
So far, SBI has reduced its home loan rates (up to Rs 30 lakh) by only five basis points (bps) after the policy rate cut of 25 bps on February 7
An anticipated exposure is having an exchange rate on current and capital account transactions, which are expected to be entered into in the future
While one set of banks poses liquidity in surplus, the other suffers from an acute deficit
This behaviour of the rates meant that the yield curve has steepened with shorter term rates falling faster than longer term rates
The circular prohibited loan restructuring and asked banks to declare a company a non-performing asset even if there was a day's delay in loan repayment
Reddy said that by taking recourse to unprecedented practice of interim dividend, the government has compromised on the established mechanism of 'ways and means'
RBI Governor Shaktikanta Das hinted the central bank was open to more rate cuts, though he cautioned the monetary policy committee's decision on this regard would be 'data-driven'
RBI allows foreign portfolio investors (FPI) to take exposures of more than 20% in a corporate entity
A report by Cobrapost claimed that DHFL, through layers of 45 shell companies, allegedly siphoned off Rs 31,000 crore out of the total bank loans of Rs 97,000 crore
On a gross basis, states are estimated to borrow between Rs 5.5 trillion and Rs 5.7 trillion in the next fiscal year
Chanda Kochhar showed dishonesty by abusing her official position in sanctioning a loan in favour of Videocon International Electronics, the CBI said