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RBI caps withdrawals from Yes Bank; supersedes board

If successful, this will be the first major instance in many years where a private sector lender will be bailed out using public money, with the first instance being Global Trust Bank's......

Indian financial system is in Darwinian mode: Uday Kotak

Kotak also said that historically, whenever there has been a problem with a private sector lender, it has been merged with a state-run bank. Noted banker Uday Kotak on Tuesday said the country's......

Sitharaman reviews state of economy with regulators

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy, including stress in the financial sector, at the meeting of the Financial Stability and Development Council......

'For sustained growth, investment is absolutely critical'

'One has to see the corporate tax cuts in that context. 'Investment leads to higher wages, which feeds consumption. 'Anticipating that consumption, investment further goes up. 'In the short run,......

New-look FRDI bill to offer higher deposit insurance

The government would be ironing out issues related to the controversial ‘bail-in’ clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether......
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How to prevent another Yes Bank

Bank failures will keep happening as long as there are banks. Sound capital, reliable numbers are essential for a good banking system. But India... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/how-to-prevent-a-next-yes-bank/articleshow/74568443.cms
RBI caps withdrawals from Yes Bank; supersedes board

If successful, this will be the first major instance in many years where a private sector lender will be bailed out using public money, with the... ...

http://www.rediff.com/money/report/rbi-caps-withdrawals-from-yes-bank-supersedes-board/20200305.htm
FM

Practice of channelling investments into specific avenues for I-T benefit has to end, says Sitharaman ...

https://www.thehindubusinessline.com/economy/working-on-frdi-bill-but-cant-commit-to-timeline-fm/article30764796.ece
Nirmala Sitharaman

The finance ministry is working on the contentious Financial Resolution and Deposit Insurance (FRDI) Bill but not sure when it will be tabled in... ...

https://www.ndtv.com/business/finance-ministry-working-on-deposit-insurance-bill-says-nirmala-sitharaman-2176693

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