Banks should not ‘earn’ interest on penalty levied on borrowers for non-compliance: RBI
In an important change in rules governing penal charges on loan accounts, the Reserve Bank of India (RBI) has said...
banks
Banks Gross NPAs may increase 120 bps to 8.1% by September ’22: RBI Financial Stability Report
Macro stress tests for credit risk indicate that the gross non-performing assets (NPAs) of Scheduled Commercial Banks (SCBs) may increase...
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...
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...
One-time restructuring of loans to worsen banks’ asset quality: Fitch Ratings
The Reserve Bank of India’s (RBI) recent proposal of one-time restructuring of loans will extend uncertainty over the banking sector’s...
Banks can restructure loans of covid-hit MSMEs without asset downgrade
Existing loans to MSMEs facing stress due to Coronavirus-related restrictions could be restructured without a downgrade in the asset classification....
RBI moots new resolution plan for Corona-hit personal loan borrowers
The Reserve Bank of India (RBI) moots a separate resolution plan to deal with personal loan borrowers facing financial stress...