K C Chakrabarty, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules.
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
There's a long way to go before human beings are replaced by machines -- in banks at least.
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
Foreign banks had 317 branches in 2015-16; it has reduced to 286. In the same period, employee strength came down from 26,642 to 24,766.
Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast
The move will have cascading effects for lot of related sectors
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
Banks play 'mind games' to woo customers. Big data and 'games' are now the tools of the trade.
'The RBI risks becoming dangerously weakened, as successive governments and finance ministers have misunderstood its role'.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
According to a legal expert, the clause of 'reasonable restriction' could still mean the government can make Aadhaar mandatory for monetary transactions and therefore, for banking.
With the introduction of new notes, India will have denominations of Rs 1, 2, 5, 10, 20, 50, 100, 200, 500 and 2000.
RBI ex-governor's book on 'those turbulent but exciting times' to be launched on Sept 5 in Chennai.
Green bonds refer to bonds issued mainly by power companies to finance energy efficient projects