As on June 16, currency in circulation was Rs 15.29 lakh cr, or 86.2% of pre-note ban level
It adds that banks could be hiding some of the fraud cases, masking these as bad debt
The time-bound nature of the bankruptcy code, envisaging resolution within 180 to 270 days, would put enormous pressure on the existing judicial infrastructure.
The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore
To spur war among lenders to grab existing loans
Axis Bank Managing Director & Chief Executive Officer Shikha Sharma on the new mechanism for non-performing loans, the bank's loan portfolio, industry outlook and the bank's future plans.
'With technology advancing rapidly, the need for branches is declining.'
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
'Indian non-bank lenders stand exposed to a deteriorating credit quality environment.' 'Such a deterioration could put at risk the value of NCDs purchased by the mutual funds and expose investors in bond and liquid funds to a risk of capital loss.'
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
The limit of indebtedness comes down to Rs 15,000 crore from 2018-19, and then Rs 10,000 crore from April 2019 onwards
However, RBI would continue to nudge banks to cut lending rates
Banks to get more aggressive and act like PE investors
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
Viveat Susan Pinto & Niraj Bhatt in conversation with Nirvik Singh, chairman and CEO, Grey Group.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
They now believe their money will be repaid after completion of the tenure of the instruments they have invested in, says Anup Roy.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too