To Recover Debt Government And RBI Should Set Up New Rules
The government and the Reserve Bank of India will have to structure a new set of regulations to make sure that borrowers return their lending...
Tag : RBI
Supreme Court Find RBI's Feb. 12 Circular Ultra Vires
The Supreme court today has turned down the RBI’s February 12 circular on defaulting companies, calling it illegal. The highest court ruled today, “we found...
RBI Asks Banks To Disclose Non Performing Asset Divergence
On account of low or negative net profit after tax, some banks are required to disclose divergence even where the additional provisioning is small, which...
RBI Seeks Changes Of NCLAT Order On IL&FS Status Of NPA
The National Company Law Appellate Tribunal has been moved by Reserve Bank of India on the matter of modification in an earlier order which resisted...
HDFC Is Allowed To Hold Only 9.9 Percent In Bandhan Bank Says RBI
According to the exchange filing, India’s largest mortgage lender has agreed to merge its low-cost arm Gruh Finance Pvt. Ltd. with Bandhan Bank, can hold...
Capital Expenditure Has been Declining in India
Investments for fixed asset creation more than halved to Rs. 1.49 trillion ($21 billion) in the year ended March 2018 from Rs. 3.7 trillion seen...
Slowdown In Government Spending Hurting Growth
The key reason behind the recent slowdown in GDP growth is the slowdown in government spending and burgeoning imports, as per Reserve Bank of India...
Reserve Bank Fines 36 Banks For SWIFT Non-Compliance
The Reserve Bank Of India said it has charged penalties on 36 public, private and foreign bank domains for non-compliance with different implementation and hardening...
RBI Notifies Bank Regarding 2% Subsidy For Short-Term Crop Loans
The bank norms have been notified by the Reserve Bank of India (RBI) with regards to interest subvention or subsidy of two per cent for...
RBI Imposes Fine Over Yes Bank Due To Non-Compliance
The Reserve Bank of India has imposed a penalty of Rs. 1 crore on the Yes Bank Limited, due to the non-compliance of directions on...