You searched “Banking Sector & NBFCs”. Your tag search matches the following results:
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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
