CEA Subramanian pitches for private sector-led bad bank to deal with NPAsEarlier this month, RBI Governor Shaktikanta Das indicated that the central bank can consider the idea of a bad bank to tackle non-performi...
31 Jan, 2021, 01.35 PM IST
YES Bank, LVB events show RBI did not identify 'evergreening', shows Eco SurveyThe economic survey went on to add the audits conducted by the RBI failed to capture the evergreening at Yes Bank and LVB. Yes Bank had to ...
29 Jan, 2021, 06.27 PM IST
NFRA finds Deloitte's appointment as IFIN auditor for FY18 illegal and in violation of Companies ActWhile the industry felt that there was confusion regarding the definition of such services, the authority took a firm stand that these prov...
11 Dec, 2020, 07.08 AM IST
RBI for intense scrutiny on NBFCs, but no AQR likelyNBFCs have been on thick of things and showed high growth taking the advantage of poor financial health of several public sector banks.
07 Feb, 2019, 07.08 PM IST
Citing IL&FS mess, Arvind Subramanian calls for AQR on all NBFCsStressing on the need for the Reserve Bank to function in an autonomous way, he also hit out at the recent "politicisation" of the issue, s...
07 Dec, 2018, 11.03 PM IST
AQR Capital to hire 150 highly-skilled techies in BengaluruAQR will conduct specific coding tests to figure out the strength of professionals and expects the prospective employees to be hands-on in ...
11 Oct, 2018, 07.17 PM IST
RBI provisioning to hit banks in Q4RBI asked banks to increase provisioning for even standard assets as a precautionary measure, singling out the telecom sector in which prof...
20 Apr, 2017, 08.51 PM IST
Govt plans 'Indradhanush 2.0' for recapitalisation of public sector banks'Indradhanush 2.0' will be finalised after completion of the Asset Quality Review (AQR) by the Reserve Bank, which is likely to be complete...
12 Feb, 2017, 02.26 PM IST
'RBI may push back asset quality review exercise by few months on demonetisation impact'A bank official said lenders may require few more months for proper implementation of AQR as most of their staff was busy with demonetisati...
29 Jan, 2017, 12.37 PM IST
I am not a worried chairman: Arun Tiwari, CMD, Union Bank of India"I am not a worried chairman when I look at my total loan portfolio. It is not a worried organisation," says Union Bank's CMD, Arun Tiwari.
08 Aug, 2016, 10.42 AM IST
With 31 per cent jump, HDFC Bank's Aditya Puri top gainer in salary hikeSome market watchers say much of the top management compensation package was decided in early part of the fiscal before RBI's AQR kicked in.
26 Jun, 2016, 07.41 PM IST
Fresh asset quality review of banks unlikely soon, says RBI deputy governorThe banking regulator initiated the AQR exercise in 2015 by directing banks to classify 150 accounts as bad loans and make accelerated prov...
21 Jun, 2016, 01.09 PM IST
Rates already low, no more cuts now: Rakesh Sharma, Canara Bank"The policy appears to be hawkish. It will remain stable for the next 3-4 months."
10 Jun, 2016, 10.34 AM IST
Q3 saw exceptional slippages due to RBI AQRs: RK Thakkar, CMD, UCO BankIn an interview with ET Now, RK Thakkar, CMD, UCO Bank talks about Q3 numbers and trend he sees for provisions and profitability over the n...
16 May, 2016, 11.22 AM IST
NPA woes to linger through 2016-17, predicts Morgan StanleyIt focused on recent results of private lender Axis Bank, which recognised the entire impact of the review in the December quarter itself.
28 Apr, 2016, 03.41 PM IST
Burden of bad loans: Why the pain isn't over for PSU banks like SBI and their investorsThe government, the largest shareholder of state-owned banks, will have to be prepared for lower tax collections as well.
16 Feb, 2016, 04.01 AM IST
Raghuram Rajan says banks need deep surgery, but assures no more asset quality review nowStressing that cleaner balancesheets will lead to future loan growth for banks, Rajan said a "deep surgery" is must for the clean-up that w...
11 Feb, 2016, 10.15 PM IST