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BANK CLEANUP PROCESS
How your old forgotten UPI IDs may become a security risk and how to protect yourselfDeleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten UPI IDs linked to recycled mobile ...
BFSI sector looks attractive across the board, says DSP Mutual Fund's Preethi RSDSP Mutual fund manager Preethi RS sees a compelling entry point in the BFSI sector, citing healthy credit growth and recovering capital ma...
Is it worth taking a fresh look at the housing finance sector? 6 housing finance stocks with upside potential of up to 18%Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of th...
ARCIL buys Saraswat's NPAs at 86% haircutAvenue Capital-backed Asset Reconstruction Company (India) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) ...
A deep dive being done to find out true state of NPAsResponding to a question on whether an asset quality review (AQR) was imperative at this juncture, Das said the regulator’s supervisory pro...
RBI conducting independent assessment of true NPA picture: Governor Shaktikanta DasThe Economic Survey had last week called for another round of asset quality review when the Covid related forbearance is lifted. The survey...
Two-third of my tenure as RBI governor was under BJP, Raghuram Rajan reminds SitharamanRaghuram Rajan, who faced a stinging attack from FM, reminded her that two-third of his tenure was under BJP.
World’s worst bad-loan mess set to worsen on India’s cash crunchA cash crunch in shadow-banking sector is challenging banks as they seek to tidy up their balance sheets.
Bank mergers part of a long-drawn cleanup process: Rajiv Kumar, Finance Secretary"If you look at the merger metric, it is not only consolidation --it is capitalisation."
New CEO’s kitchen sinking spooks YES Bank; has stock found a bottom?Ravneet Gill's ‘kitchen sinking’ caused shares to tank 30%, wiping out nearly Rs 16,500 cr of investor money.
Worst could be over for ICICI Bank: Jagannadham Thunuguntla, Centrum Broking“Capital adequacy and raising new capital should not be a major concern for ICICI.”
Should banks be given incentive to clean books?The incentive in cleaning up balance sheets is already there for bankers. If they do not clean up and the bank balance sheet continues to w...
Had talks with government over second term: Raghuram Rajan"Some of the (recent) attacks were ad hominem, that is imputing sort of motives and alleging things completely without any basis, those I j...
RBI Governor Raghuram Rajan sees red on bankers' reluctance to pass on cheap moneyRajan said the central bank will soon revise the marginal cost of fund-based lending rate framework to help fasten up process of policy tra...
NPA clean-up should have started much earlier: Raghuram Rajan"As with inflation, it was the duty of the central bank to press for bank clean-up earlier, when few among the public support the central b...
Raghuram Rajan’s shoes too big to fill for successorIn his three years as governor, Rajan ensured that rupee stabilised, inflation halved and banks were forced to acknowledge bad loans in the...
RBI Deputy Governor S S Mundra wants banks to take provision coverage ratio to 70%In what could cause more pain for the already stressed banks, Mundra hinted that they should take their provision coverage ratio to 70 per ...
Don't expect sustained hike in oil prices: Marie Diron, Moody's InvestorsIndia can have relatively robust growth rate of 7.5 per cent but is somewhat constrained by credit conditions.
India best among emerging markets; health of PSBs, corporates a worry: IMFIndia must tackle corporate debt overhang, said Jose Vinals, Financial Counsellor at the IMF. He also cautioned against the risk of potenti...
RBI Governor Raghuram Rajan sticks to his guns on cleaning up banks booksWith fears of the clean-up process resulting in an erosion of bank profits, Rajan stressed on the benefits over a medium-term.