Friday, July 29, 2016| Latest E-book
You are here:
RBI
#

RBI

Articles

Canara Bank gets shareholders approval to raise up to Rs 2,000 cr

Jul 27, 2016

Canara Bank gets shareholders approval to raise up to Rs 2,000 cr

The issue proceeds will enable the bank to strengthen its capital adequacy requirements as specified by RBI #RBI #Canara Bank #car #Anti-money laundering #AGM
RBI now fines Rs 2 crore on HDFC Bank for flouting KYC norms

Jul 25, 2016

RBI now fines Rs 2 crore on HDFC Bank for flouting KYC norms

HDFC Bank further said it has implemented a "comprehensive corrective action plan" to strengthen its internal control mechanisms "so as to ensure that such incidents do not recur" #RBI #HDFC Bank #KYC #BoB #Penalty #AML
RBI slaps Rs 5 cr fine on Bank of Baroda over multi-crore fund irregularity

Jul 25, 2016

RBI slaps Rs 5 cr fine on Bank of Baroda over multi-crore fund irregularity

The Central Bureau of Investigation (CBI) had conducted raids in October 2015 at over 50 locations to probe the illegal transfer of Rs 6,172 crore by the BoB's Ashok Vihar branch in Delhi in the names of 59 companies in Hong Kong #RBI #Reserve Bank of India #CBI #Bank of Baroda #FEMA #BoB #fund irregularities #Ashok Vihar branch
BoA-ML expects 25 bps cut in interest rate in August policy meet

Jul 25, 2016

BoA-ML expects 25 bps cut in interest rate in August policy meet

According to the global financial services major, normal rains are pushing up sowing and river waters would douse agricultural inflation (agflation) going forward #Inflation #RBI #Bank of America Merrill Lynch #Monsoon #Pulses #CPI Inflation #BoA-ML
Bankers guarded on RBI's new scheme to fix bad loans

Jul 25, 2016

Bankers guarded on RBI's new scheme to fix bad loans

The RBI's latest Financial Stability Report suggested that the GNPA (Gross non-performing asset) ratio might rise to 8.5 percent by March 2017 from 7.6 percent in March 2016 #RBI #Reserve Bank of India #CRISIL #NPAs #Bankers #bad loans #non performing assets #GNPA #TEV
Parliamentary panel approves debt recovery law with changes

Jul 22, 2016

Parliamentary panel approves debt recovery law with changes

The panel recommended that passing of an ex-parte order after the show cause notice of 30 days of the service of summons may be a violation of the principles of natural justice. #RBI #NewsTracker #Asset Reconstruction Companies #Debt Recovery Tribunals #debt recovery
India's economic growth to remain upbeat, only one rate cut likely, says poll

Jul 21, 2016

India's economic growth to remain upbeat, only one rate cut likely, says poll

The poll of over 30 economists, taken in the past week, showed Asia's third largest economy will expand 7.8 percent in the fiscal year ending March 2017, the fastest among big economies #Inflation #Economy #RBI #IMF #Economic growth #Raghuram Rajan #Goods and Services Tax #Reforms #Rate cut
Morgan Stanley, BofA-ML expect RBI to cut interest rates by 25-50 bps by FY17

Jul 21, 2016

Morgan Stanley, BofA-ML expect RBI to cut interest rates by 25-50 bps by FY17

Both investment banking firms have cited prospects of good monsoon and slowing inflation numbers for their optimism towards the likely rate cuts #Inflation #RBI #Reserve Bank of India #Morgan Stanley #Bank of America Merrill Lynch #Raghuram Rajan #Monsoon #Growth
Can Narendra Modi cure public sector banks' 'begging bowl syndrome'?

Jul 21, 2016

Can Narendra Modi cure public sector banks' 'begging bowl syndrome'?

The major reason for the current NPA (Non-performing Assets) mess in these banks is their lack of efficiency in credit appraisal process and careless lending practices to grow their loan books. #Economy #RBI #Narendra Modi #State Bank of India #SME #Icra #Raghuram Rajan #Nandan Nilekani #public sector banks #Fitch ratings #Basel III #PSBs #upi #begging bowl syndrome #public bank credit profiles #Aadhaar Bank