RBI

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Economy

03 January, 2019

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion)...

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......

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Finance

27 December, 2018

Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row

Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......

Finance

24 December, 2018

How NBFCs are using tech to boost MSME lending

Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs)...

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Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

Finance

13 December, 2018

Why KKR's Henry Kravis wants to strike more control deals in India, grow credit biz

Kohlberg Kravis Roberts & Co (KKR & Co) is focussed on control deals and its credit business in India, the ......

Finance

11 December, 2018

Pro-demonetisation bureaucrat Shaktikanta Das appointed RBI governor

Former economic affairs secretary Shaktikanta Das has been appointed as the new governor of the Reserve Bank of India, reported...

Markets

11 December, 2018

Sensex, rupee stage sharp recovery as RBI governor exit, election results swing sentiment

India's rupee and bonds plunged following Reserve Bank of India Governor Urjit Patel's unexpected resignation after market...

Economy

05 December, 2018

RBI's monetary policy committee unanimously votes to keep rates on hold

India's central bank kept interest rates unchanged at a policy meeting on Wednesday to offer support for an economy that ......

Finance

29 November, 2018

RBI eases asset securitisation norms for NBFCs

The Reserve Bank of India (RBI) on Thursday relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their...

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