Aqr

IFIN statutory audit: NFRA says Deloitte Haskins failed to comply with auditing standards, didn't question inflation of profit

An executive summary of the AQR report released by the NFRA said the independence of the auditor was compromised by the provisions of non-audit services for substantial fees.

RBI warns Yes Bank of regulatory action for disclosure of nil divergence report; says Risk Assessment Report misrepresented

The RAR also identifies several other lapses and regulatory breaches in various areas of Yes Bank's functioning and the disclosure of just one part of the RAR is viewed by RBI as a deliberate attempt to mislead the public, the RBI said.

Yes Bank shares zoom 31% as RBI finds no divergence in asset classification, provisioning; m-cap rises by Rs 12,025 cr

Following the sharp jump in its shares, Yes Bank's market valuation jumped by Rs 12,025.11 crore to Rs 51,114.11 crore on BSE.

Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBI

GNPAs of state-run lenders improved to 14.8 percent in September 2018 from 15.2 percent in March 2018, the report said.

RBI’s message to bankers, wily promoters: Call a spade a spade; don’t fool the regulator and investors

The RBI has warned wrongdoers among banks that monetary penalties and higher provisions will be imposed if banks resort to evergreening.

Bank NPA crisis: Narendra Modi needs to do a real ‘surgical strike’ on bad loans, not random shots

Now that March-deadline for the RBI has passed, have banks reported all of their NPAs keeping to the central bank deadline?

RBI deputy governor Viral Acharya asks banks to act on NPAs with a sense of urgency

Warning that recovery is a long way off, Acharya said sectors with the most stressed assets have so much excess capacity relative to current or near-term utilization that there is no sign of a pickup in higher capacity utilisation.

New RBI governor Urjit Patel seen taking charge on Tuesday

It was Dr. Patel who scripted a new framework for fighting price rise, which earned him the informal title of ‘inflation warrior.’

Rajan warns against unwarranted use of stressed asset schemes

The Governor said that focus should now move to improving operational efficiency of stressed assets and creating the right capital structure so that all stakeholders can benefit.

With 31 percent jump, HDFC’s Aditya Puri top gainer in salary hike

Some market watchers say much of the top management compensation package was decided in early part of the fiscal before RBI's AQR kicked in.