Banking System
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India-Russia relations distinct from Washington's equation with Moscow, that's okay: Biden administration
•Russia has launched multiple attacks on several areas in central and eastern Ukraine, drawing widespread condemnation and sanctions from several countries, including the US
United States and European allies step up, impose personal sanctions to target Putin directly
•Ukraine's ambassador to the US, Oksana Markarova, called the allies' decision to freeze the assets of Putin himself the right one
US sanctions on Russian oligarchs miss richest of rich
•US sanctions target Russian President Vladmir Putin and a handful of individuals believed to be among his closest security advisers, including foreign minister Sergey Lavrov
Joe Biden and Europe waiting on SWIFT sanction against Russia
•Ukraine has sought for Russia to be excluded from SWIFT, but several European leaders would prefer to stay patient because a ban could make international trade more difficult and hurt their economies
Don’t ban cryptocurrencies, instead set up a regulatory body
Suril Desai •The potential of crypto is enormous and banning it would be throwing the baby out with the bathwater
Only way a bank can survive is by growing or else NPAs will become unmanageable: KV Kamath tells Network18
Rahul Joshi •The interest rates have started dropping, but they need to drop even further if the banks have to come around without too much pain, veteran banker KV Kamath tells Network18 Group Editor-in-Chief Rahul Joshi in an exclusive interview.
Bank shares tank after Moody''s changes outlook on Indian banks to negative; deterioration in banks' asset quality expected
•Banks were the biggest drag for the 30-share BSE barometer which ended 674.36 points lower at 27,590.95.
Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, IndusInd top losers
•Bank shares on Friday dropped up to 15 percent after Moody's Investors Service changed the outlook for the Indian banking system to negative from stable
COVID-19 impact: Moody's changes outlook on Indian banks to negative from stable; move triggered by disruption in economic activity
Fp Staff •Moody's said Banks' asset quality will deteriorate across the corporate, small and medium enterprises and retail segments, leading to pressure on profitability and capital.
Union Budget 2020: Finance Minister Nirmala Sitharaman has her task cut out for crisis-ridden banking sector
Dinesh Unnikrishnan123 •In a normal scenario, these suggestions make sense. But, the state of Indian banking sector is far from normal.