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...
Banking
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...
Just out of insolvency, Kwality Ltd now under CBI net for duping banks of Rs 1,400 crore
Another corporate debtor undergoing insolvency proceedings finds itself on the wrong side of the law. The Central Bureau of Investigation...
Pitfalls and impracticalities of KV Kamath Committee recommendations
The recently announced parameters by the KV Kamath Committee for companies and businesses to be eligible under new resolution framework...
Real estate sector gets most ‘favourable’ terms under new resolution framework
The expert committee under the former ICICI Bank Chairman KV Kamath set up by the Reserve Bank of India (RBI)...