Joint Lenders Forum

Bank NPA resolution is shrouded in fears of various kinds; it's time for RBI to act

Now that the bullet has been bitten, the RBI needs to speed up the process of setting up the committees and identifying the first list of assets

Cabinet clears ordinance to tackle bank NPAs; wilful default to be a criminal offence

The amendment will empower the RBI to issue direction to banks to recover non-performing assets (NPAs) from loan defaulters.

On fighting crony capital, both Modi govt and RBI's Rajan are on same page

Even as the Modi government has banished corporate lobbies from Delhi's durbar, the RBI is simultaneously enabling banks to turn the screws on crony capital by making it easier for them to remove managements. This trend needs to sustain