Financials have seen sharp erosion in their share prices in wake of the yearlong crisis in India's credit markets
A capital-constrained economy like India can't afford a jungle raj in finance
The RBI statement came on a day when the Nifty Bank index tanked by 1.30 per cent in intra-day trade amid a barrage of negative news from the sector
Amazon Flipkart claimed record sales during the recently concluded six-day online shopping bonanza
The latest trouble in the banking system may further hurt lending in an industry still grappling with the fallout from the collapse of a major shadow lender last year
That has erased almost half of the surge sparked by the Sept 20 announcement of a landmark corporate tax cut
Trading in NBFC bonds slid to a five-month low of about Rs 75,520 in the secondary market in September, the lowest since April
Lack of enthusiasm to link climate issues with financial support could slow India's push for renewables and supporting technologies for low carbon pathways
India's banks are rapidly losing faith in the shadow financiers that lend to property builders
Banks in India risk seeing their capital severely depleted if there is a rise in corporate defaults, warned global rating agency Moody's
With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts
Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks
Finance ministry has called a meeting with chief executives of ten public sector banks on Friday
Congress' chief spokesperson Randeep Surjewala also hit out at the government over the rising number of bank frauds
The central bank is coming to its rescue, and without running any immediate risk of exposure to its own credibility
Bank chief sees rising price of precious metal helping gold loan segment, but is cautious about volatility and possible softening of prices in near future
A significant portion of the capital provided would be tied up in boosting core capital and provisioning against bad debts which would limit the ability of bankers to lend
Visa critical of India's move towards no-fee debit card transactions
Calling for radical corporate governance reforms at state-run banks, Das said their real test would be their ability to access capital from the markets rather than depending on the govt
To contain high bad loans in the MUDRA scheme, the managers suggested that a national portal be floated to verify the borrower and whether multiple lending has happened