You searched “Banking Sector & NBFCs”. Your tag search matches the following results:
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(The editorial is based on the article “The anatomy of banking frauds” which appeared in Livemint on 19th October 2018. It analyses the...
20 Oct 2018 Banking Sector & NBFCs
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RBI Opposes Independent Payments Regulatory Board
The Reserve Bank of India (RBI) has opposed the move to have an independent Payments Regulatory Board (PRB) as proposed by the draft amendments to...
20 Oct 2018 Banking Sector & NBFCs
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RBI Allows Interoperability Among Mobile Wallets
Recently the Reserve Bank of India (RBI) released guidelines to facilitate payments among different mobile wallets, a move aimed at promoting digital...
17 Oct 2018 Banking Sector & NBFCs
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RBI Keeps Policy Rates Unchanged
RBI has decided to keep the benchmark policy rate unchanged at 6.5% and has shifted its instances from neutral to calibrated tightening i.e. rates...
08 Oct 2018 Banking Sector & NBFCs
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The government announced three initiatives to take banking to the last mile comprising a financial inclusion index, geographical mapping of banking...
26 Sep 2018 Banking Sector & NBFCs
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RBI Norms for Co-origination of Loans
The Reserve Bank of India (RBI) has released the guidelines on co-origination (a form of loan participation where two or more lenders lend money to a...
22 Sep 2018 Banking Sector & NBFCs
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Amalgamation of Three Public Sector Banks
The government has proposed the amalgamation of Bank of Baroda (BoB), Dena Bank and Vijaya Bank. This was decided at the meeting of a ministerial...
19 Sep 2018 Banking Sector & NBFCs
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REC seeks RBI nod for Pariwartan ARC
The government is going ahead with plans to start an asset reconstruction company (ARC) to warehouse stressed power projects and protect their value...
06 Sep 2018 Banking Sector & NBFCs
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04 Sep 2018 Banking Sector & NBFCs
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Last Updated: September 2022 For Prelims: Public Credit Registry, Reserve Bank of India (RBI), External Commercial Borrowings (ECBs), Foreign...
04 Sep 2018 Banking Sector & NBFCs
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Prime Minister Launched India Post Payments Bank
The Prime Minister launched India Post Payments Bank (IPPB) on September 1, 2018. The government has a target to link all 1.55 lakh post office...
03 Sep 2018 Banking Sector & NBFCs
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On August 16, 2018, an upgraded version of the Unified Payments Interface (UPI), UPI 2.0, was launched by the National Payments Corporation of India...
17 Aug 2018 Banking Sector & NBFCs
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The Big Picture – Tackling NPAs: The New Strategy
Independent asset management companies and steering committees will be set up for faster resolution of bad loans in the banking system, Finance...
14 Aug 2018 Banking Sector & NBFCs
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RBI Raises Interest Rates by 25 bps
The Reserve Bank of India in its third bi-monthly policy raised the repo rate by 0.25 per cent to 6.5 per cent because of inflationary...
02 Aug 2018 Banking Sector & NBFCs
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RBI Moves to Wind-up CDR System
The Reserve Bank of India (RBI) is considering shutting down the corporate debt restructuring (CDR) system, its very first loan recast mechanism,...
27 Jul 2018 Banking Sector & NBFCs
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Pact to Resolve Stressed Assets
Seventeen public sector banks, five private sector banks and two other financial institutions have signed the inter-creditor agreement...
24 Jul 2018 Banking Sector & NBFCs
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Government Decides to Withdraw FRDI Bill
The Government has decided to withdraw the Financial Resolution and Deposit Insurance (FRDI) Bill after concerns were raised over the security of...
19 Jul 2018 Banking Sector & NBFCs
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Financial Resolution and Deposit Insurance Bill
The Financial Resolution and Deposit Insurance Bill, 2017 proposes a comprehensive resolution framework for specified financial sector entities and...
13 Jul 2018 Banking Sector & NBFCs
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Recently the Union Finance Minister raised concerns over long-term financing in India. Long-term finance for industries includes those financial...
10 Jul 2018 Banking Sector & NBFCs
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Public, Private Banks Ink Pact for Faster Resolution of Stressed Assets
Leading public and private sector banks agreed to put in place an Inter-Creditor Agreement (ICA) to ensure faster resolution of stressed...
06 Jul 2018 Banking Sector & NBFCs
