SC asks RBI to curb increasing NPA
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Apr 12, 2016, 22:09 PM ISTNaming of all defaulters will kill businesses: Raghuram Rajan
Rejecting calls for naming and shaming of all big defaulters, Reserve Bank Governor Raghuram Rajan today said it will lead to undue panic and kill business activity.
Apr 05, 2016, 19:43 PM ISTBanks see a plunge in advance tax payments as NPAs bite
Bad loans have hit the banking sector's advance tax payouts for March quarter, with SBI paying a 60 percent lower tax, ICICI Bank showing a marginal increase, while HDFC Bank posting a 14 percent growth in tax liability.
Mar 16, 2016, 12:26 PM ISTInternational banks to take back loan money from India
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Mar 09, 2016, 15:39 PM ISTADB to increase India lending to $12 bn by 2018
Asian Development Bank president Takehiko Nakao on Tuesday said the bank is looking to increase exposure in India, especially in infrastructure, skill development and urban services, and proposes to increase lending to the country by almost half to $12 billion by 2018.
Jun 16, 2015, 22:54 PM ISTRBI's new mechanism for banks to check loan frauds
The RBI on Thursday put in place a new framework to check loan frauds including by way of early warning signals at banks and red flagging of accounts, while swindlers will have no access to further banking finance.
May 07, 2015, 22:16 PM ISTRBI relaxes bad loans provisioning rules for banks
The relaxation will be applicable for floating provisions held by them as of the end of December 2014.
Mar 30, 2015, 16:12 PM ISTEx-RBI Guv Subbarao against loan waiver schemes
Former Reserve Bank Governor D Subbarao today said that he is not in favour of farm loan waiver schemes being implemented by the governments of Andhra Pradesh and Telangana.
Feb 06, 2015, 18:20 PM ISTIndia firms borrowed $1.89 bn from overseas makets in June: RBI
Borrowings by Indian firms declined by over 3 percent from a year ago to USD 1.89 billion in June 2014, according to Reserve Bank data released today.
During June 2013, India Inc had raised USD 1.95 billion from overseas markets by way of external commercial borrowings (ECBs).