Business Tit-Bits: The Tale of Two Lenders
As the Indian economy slowsdown consistently, so has been the case of lending by banks in India. A news report says that bank credit growth...
Tag : RBI
Loans in LAC of crores- Recovery Zilch
To top it, these cases continue to languish in the NCLT, despite the law saying that they must be resolved in a time-bound manner India...
Now, Bank KYC forms may ask for customer’s religion: Report
However, the amendments were made to the FEMA Act Regulation by the Reserve Bank of India in 2018, a year before the Citizenship Amendment Act...
Business Tit-Bits: What’s The Way Out?
The slowdown in the growth rate continues. In its recent MPC meeting, the RBI sharply pruned its GDP growth forecast for FY 2020, from 5.9%...
Business Tit-Bits: The Window-Dressed SBI
In a recent mandatory filing with the stock exchanges, SBI has said that as per the Risk Assessment Report of the Reserve Bank, it has...
The Window Dressed SBI
SBI has incurred a giant loss of Rs.6968 crores for FY 2019 as against a reported profit of Rs.832 crores In a recent mandatory...
Modiji and scared Bankers
These were created by the corrupt nexus of the net-babu-bankers and the borrower, where bad loans were knowingly given and banks were bankrupted Mumbai: With...
Editorial with Sujit Nair: Chidambaram strikes back on Modi Govt
A day after being released on bail, former finance minister P Chidambaram striked back on Modi government. Is encounter a solution to end rape in...
Reserve Bank of India says No Change in the Repo Rates
The RBI’s Monetary Policy Committee has decided to keep repo rate unchanged but sharply cut GDP forecast for 2019-20 to 5 percent from 6.1 percent...
Editorial with Sujit Nair: Is RBI Corrupt?
With several bank frauds coming to light in a series, a legit question that arises is what was India’s premier and apex banking institution RBI...