Supreme Court says borrowers must be heard before declaring them fraud
The Supreme Court of India in a very important verdict has said that the principles of natural justice demand that...
RBI
“Don’t shy away from liquidating ineffective companies”
An effective insolvency legislation should not shy away from liquidating ventures, M Rajeshwar Rao, deputy governor of Reserve Bank of...
Gross NPAs of banks have declined by Rs 1.33 lakh cr since March 2019: Government
Gross non-performing assets (NPAs) of scheduled commercial banks (SCBs) have declined from Rs. 9,33,779 crore (Gross NPAs ratio of 9.07%) as...
Committee of Creditor of Reliance Capital holds its first meeting
The first meeting of the Committee of Creditors of Reliance Capital was duly convened and conducted on Wednesday, January 5,...
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...
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...
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...
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)...
Bank loan frauds jump three times to Rs 1.82 lakh crore in 2019-20
Bank loan frauds have seen sharp jump in 2019-20 as the latest annual report (2019-20) of the Reserve Bank of...