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'Banks wrote off Rs 1 trillion over last 13 years'

Reserve Bank deputy governor KC Chakrabarty has said banks have written off a whopping Rs 1 trillion in the past 13 years and criticised the lenders because as much as 95 per cent of these......

Will there be a pre-policy rate hike?

Reserve Bank deputy governor KC Chakrabarty on Monday said the chances of interest rate hikes by the central bank is always there as policy measures depend on the changing economic scenario. "The......

RBI signals rate hike to tackle inflation

The Reserve Bank of Indiaon Thursday signalled a rate hike to calm rising inflation. RBI deputy governor KC Chakrabarty said the central bank was exploring all options to tackle inflation,......

SS Mundra assumes office as RBI Deputy Governor

Commercial banker Subhash Sheoratan Mundra has assumed office as the fourth deputy governor of the Reserve Bank on Thursday for a three-year term. Mundra, who led the country's second largest......

RBI yet to hear from Election Commission on bank licences

Amid reports in a section of media that the Election Commission may put a spanner on the Reserve Bank of India plan to issue the first few new bank licences by the month-end, senior-most deputy......
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Mallya, 'King Of Good Times,' dethroned by debt | KFA brand auctions flop again

NEW DELHI: Three months before he left India with $1.4 billion in unpaid bills hanging over his head, the man who called himself the King of Good... ...

http://economictimes.indiatimes.com/news/politics-and-nation/vijay-mallya-king-of-good-times-dethroned-by-debt/articleshow/52051868.cms
Banks write-off Rs 1.14 lakh crore of bad debts

That is the amount of bad loans waived in last three financial years, more than the write-off in the previous nine Twenty-nine state-owned banks... ...

http://indianexpress.com/article/india/india-news-india/bad-loan-financial-year-rti-rbi-bank-loan-raghuram-rajan-bad-loan-financial-year-rti-rbi-bank-loan-raghuram-rajan-1140000000000-bad-debts-the-great-govt-bank-write-off/
Mumbai Youth Speak Forum on April 2

MUMBAI: The Youth Speak Forum is scheduled to take place on April 2 at KC College, Churchgate. The forum will be co-organized by Activating the... ...

http://timesofindia.indiatimes.com/city/mumbai/Mumbai-Youth-Speak-Forum-on-April-2/articleshow/51627669.cms
clamour growing for wilful default to be made criminal offence

In the aftermath of the Vijay Mallya case, calls are growing to put wilful defaulters behind bars. However, can loan default be made a criminal... ...

http://www.catchnews.com/business-economy-news/mallya-case-clamour-growing-for-wilful-default-to-be-made-criminal-offence-1458234681.html
Loan conversion may hitbanks

The revamped strategic debt restructuring (SDR) mechanism is hardly going to be a panacea for the debt problems of banks. While the Reserve Bank of... ...

https://in.news.yahoo.com/sdr-loopholes-loan-conversion-may-032100193.html

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