Arbitration in India becoming preferred mode for dispute resolution: Justice Surya KantSupreme Court judge Surya Kant emphasized India's commitment to international arbitration, highlighting its growing role in dispute resolut...
Shocking arrest of Pratip ChaudhuriChaudhuri's arrest for this transaction, without an inquiry or a notice, is shocking. The PCA rules say a senior police officer has to veri...
RBI spells out rules for a bank to exit prompt corrective action frameworkA bank is generally placed under the framework based on the audited annual financial results. However this does not bar RBI from imposing r...
Income tax department to seek Attorney General’s views on Vodafone rulingIndia has the option of appealing against the decision of the Hague-based Permanent Court of Arbitration (PCA) at the Singapore-based appel...
Stranded cattle along Bangladesh border new headache for BSFThere are around 1,000 seized bovines stranded at the border outposts in four sectors in West Bengal – Kolkata, Krishnagar, Berhampur and M...
Piyush Goyal criticises ‘sudden changes’ to PCA frameworkThe board of the RBI, which had a new governor this week, meets on Friday after Shaktikanta Das replaced Urjit Patel, who resigned abruptly...
Easing PCA norms will not help banks, NBFCs in the long-term, says analystEleven public sector banks are under the prompt corrective action .
RBI may pull out nominees from PSBs if govt seeks easy PCA rulesThe government has maintained that higher capital norms translate into additional capital requirements, restricting lending potential and i...
Indian norms on PCA, capital are conservative, rule-based: SBI reportIt did not call for any relook in the report which comes amid a heated debate between the Government and the RBI over such aspects.
Government may take up easing of PCA rules with RBIAt present there are 11 banks under RBI’s PCA framework and the minimum common equity Tier-I ratio as prescribed by RBI stands at 5.5% agai...
South China Sea emerging as a dangerous flashpointChina’s exercise of might over its much smaller neighbours has turned the area a dangerous flashpoint.
Loan books, credit deposit ratios plunge for PSBs under prompt corrective actionIndian banking is under severe stress with bad loans surging to Rs 10.17 lakh crore of total loans and stressed assets at nearly 15 per cen...
Half of PSBs can be impacted by revised PCA framework: FitchPCA was previously viewed as "an extraordinary step" which the central bank avoided but the same is set to change now, Fitch said.
China should accept PCA ruling on South China Sea: ExpertProf Baladas Ghoshal explained that China can earn the respect of its neighbours by being magnanimous, accept the ruling and engage with it...
Antrix-Devas deal: India loses arbitration in HaguePCA agreed that the Indian Government expropriated investments of Devas’ foreign shareholders and acted unfairly and inequitably.
Accused Italian marine returns home from IndiaThe newly reunited family was expected to travel straight on to Bari in southern Italy, where locals had planned a homecoming party.
Italian marines case: Oral arguments from March 30 in Permanent Court of ArbitrationTwo Italian marines - Massimiliano Latorre and Salvatore Girone - on board ship 'Enrica Lexie' are accused of killing two Indian fishermen ...