Page 27 - Somesh Jha

Parliamentary panel wants RBI to relax capital adequacy norms for PSBs

Capital adequacy ratio of banks is considered to be one of the key indicators of banks' health

Stressed power assets: RBI denies waiver for REC's Pariwartan framework

REC seeks banks' support for framework to be also used for assets landing in NCLT

60% of money deposited in Jan-Dhan accounts after note ban under lens

According to the official data, depositors started withdrawing money from their Jan-Dhan accounts from the first week of December 2016

LIC may seek Sebi exemption for open offer to IDBI Bank shareholders

As per the Sebi's takeover code, an acquisition of more than 25 per cent in a listed entity is termed as control and requires an open offer

RBI skips meet on stressed power assets; SBI, PNB seek time for resolution

The absence of an RBI representative in the crucial meeting has sent a strong signal that the central bank is in no mood to relax its deadline

Govt hopes RBI will tread middle path on stressed power assets issue

Before September 11, the government has to take a decision in consultation with the RBI

Can govt direct central bank on policy and regulations? Yes, says RBI Act

Section 7 of the RBI Act empowers the Centre to do so

Allahabad HC refuses interim relief to power firms from RBI directions

Banks will have to start resolution process for assets whose deadline is over

Govt admits rupee, crude prices will impact current account deficit

Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18

EPFO revises down payroll numbers by 12% for September-May period

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

Govt decides against removing RBI nominees from PSB boards, cites NPA issue

Urjit Patel had said in June that no central bank nominee should be on the board of PSBs in a bid to avoid "conflict of interest"

Govt asks RBI to water down PCA scheme, feels norms have put burden on PSBs

Department of Financial Services Secretary Rajiv Kumar expressed confidence that PSBs will come out of the PCA this fiscal year

PNB Fraud: Govt sacks Usha Ananthasubramanian as Allahabad Bank chief

Ananthasubramanian was MD and CEO of PNB between August 2015 and May 2017 and served as ED at the bank between July 2013 and November 2013

PSBs to be recapitalised in Q4 FY19, exercise linked to progress on reforms

BCG roped in to measure bank-wise performance of reforms agenda and present a report card

Extended trading hours from October 1, says NSE CEO Vikram Limaye

We have been talking to the SGX for some time to try and figure out a way to transition the liquidity from SGX to GIFT City, said Vikram Limaye

At Rs 9.4 bn, PNB posts straight quarterly loss on fraud-related provisions

As a result of higher recovery, the bank's net NPA declined to 10.58% in Q1 from 11.24% in the previous quarter and gross NPA shrunk to 18.26% against 18.38% of its loans

Project Sashakt: PSBs will need Rs 1.3 trn to tackle bad loans, says panel

Capital worth about Rs 500 billion will be required for PSBs to invest in alternative investment funds

Srikrishna panel report to change the way user data are collected, stored

Srikrishna committee on data privacy gives companies exemption from seeking consent for work-related information due to "unique nature of the relationship" between the employer and employee

LIC's acquisition of 51% in IDBI Bank a 'win-win' situation for both: Goyal

The government will not get cash through the deal and capital will be infused by LIC into IDBI Bank through preferential allotment of equity

Conflicting views between govt and RBI led to withdraw of FRDI Bill

RBI criticised various provisions that might have transferred some of its powers to the proposed Resolution Corporation