Page 789 - Finance News

RBI monetary policy: New norms on NPA little help for small units

The RBI said on Wednesday it would allow all MSMEs to pay their dues to banks and NBFCs up to 180 days after the due date without these being classified as bad loans

RBI policy: Extra haircut on rated bonds to put poorly run states in a spot

Move to value state bonds at market price will wipe out valuation gains of banks used to hide treasury losses

Monetary policy review: No takers for RBI's move on small finance banks

The move is largely being perceived as a move to destabilise the cooperative sector

RBI monetary policy: Finance Ministry says MTM losses for banks will rise

Banks will have to register more losses on their books in the first three quarters of the financial year due to the regulator's move to allow spreading of MTM losses over four quarters

RBI hikes repo rate: Check out our coverage of central bank's policy review

From finance ministry's reaction to experts' opinion, read all our articles on RBI's latest monetary policy meet

Facing trouble, Indian public sector banks need leaders but are headless

Four of the country's 21 state banks have yet to appoint replacements for departed chief executive officers, and another has seen its CEO stripped of her powers due to fraud charges

RBI policy review: Digital payments to gain from dose of competition

Retail payments grew by nearly 45% in volume and 30% by value during 2017-18

RBI joins peers with rate hike to counter US Fed policy, stronger dollar

RBI cited volatile crude oil prices and global financial market developments as risks that will force policymakers to remain vigilant

Repo rate hike and neutral policy stance not conflicting: Urjit Patel

The RBI's monetary policy is determined by the nominal anchor that has been given by a legislative process, which is the consumer price index, the RBI Governor said

Finance ministry sees minimal impact of RBI's move on interest rates

The move will encourage goods and services tax (GST) registration by MSMEs, said Rajiv Kumar

How Indian banks are turning to blockchain tech to speed up trade deals

Some 14 Indian banks have signed up for blockchain platform; aims to cut processing time, improve transaction security

RBI to set up Public Credit Registry to make credit market more efficient

The move follows recommendations by a high-level task force on Public Credit Registry for India, with Yeshwant M Deosthalee as chairman

RBI policy review: More houses to be affordable now as loan limits hiked

RBI hikes loan limits for banks, HFCs so they can meet their priority sector lending requirements

RBI increases repo rate by 25 bps to 6.25%; maintains neutral stance

The central bank's April policy tone was dovish and it had actually lowered inflation forecasts for the first and second half of 2018-19

RBI monetary policy review: States may need to get their loans rated

If the state development loans (SDL) are rated, the margin requirement would be set at 1 per cent lower than other SDLs for the same maturity buckets

RBI policy review: Banks have more bad debt covered on higher provisioning

High defaults on small home loans a matter of worry, says RBI

UK regulator slaps Rs 80 mn fine on London branch of Canara Bank

FCA in a notice said it had imposed a penalty of £896,100 on the bank and restricted it from accepting deposits from new customers for 147 days

Government okays revised guidelines on time-bound closure of sick PSUs

The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi here

RBI announces hike in limits for cheaper loan for affordable housing

RBI further said a circular in this regard will be issued by the month end

RBI allows urban cooperative banks to transition into Small Finance Banks

Large multi-state UCBs also allowed to become companies