Strong buffers will help Indian banks withstand rising asset risks from coronavirus resurgence: Moody’s
A second wave of coronavirus infections in India is increasing asset risks for banks, exacerbating stress among individuals and small...
Banking
SIDBI-CIBIL Report says credit disbursal to MSMEs rose by Rs 2.7 lakh cr in FY21
The latest edition of the SIDBI-TransUnion CIBIL MSME Pulse Report indicates that in loans worth ₹9.5 lakh crores were disbursed...
Only 5% of mid and emerging cos opted for RBI’s restructuring facility: India Ratings
Have various government measures and faster demand recovery in the domestic market saved companies from much expected financial distress? Unexpectedly...
Unwinding govt support may increase default risks among weaker companies in 2021: Moody’s
The uneven economic recovery in Asia and gradual unwinding of government support will also weigh on banks' asset quality to...
RBI report suggests gross NPAs of banks may double to 14.8% by Sept 2021
Macroeconomic stress test by the Reserve Bank of India (EBI) suggests that the Scheduled Commercial Banks’ Gross NPAs may increase...
Customers accounting for 40% loans opted for moratorium, says RBI report
PSBs: Public Sector Banks, PVBs: Pvt Banks; FBs: Foreign Banks; SFBs: Small Finance Banks; UCBs: Urban Co-operative Banks; NBFCs: Non-banking...
RBI issues FAQs on Resolution Framework for Covid-19 related stress
1. In Paragraph 4 of the Annex to the Resolution Framework, it is stated that the reference date for the...
Indian banking system most exposed to economic, fiscal shocks in 2021: Moody’s
The Indian banking system is one of the most exposed to the economic and fiscal consequences of a shock to...
Former RBI governor Raghuram Rajan criticises proposal allowing large corporates to own banks
The former Reserve Bank of India (RBI) governor Raghuram Rajan and former deputy governor Viral Acharya have questioned the RBI...
RBI bites the bullet, may allow large corporates to own banks
The Reserve Bank of India (RBI) might soon allow large corporate to own banks, something that the banking regulator had...