Expert committee to look into issues concerning capital surplus: RBI
Further, the apex bank has been advised to consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs 25 crore, subject to such conditions as are necessary for ensuring financial stability, it added.
Nov 20, 2018, 10:35 AM ISTExit mechanism for banks under PCA crucial: Sanjeev Sanyal
Out of the 21 state-owned banks, 11 are under the PCA framework at present.
Nov 20, 2018, 10:33 AM ISTRBI, govt signal truce; sends contentious issue of surplus to expert panel
The expert committee to be set up will now decide about the adequate size of capital base.
Nov 20, 2018, 10:32 AM ISTEasing tensions between RBI, govt positive for INR assets: DBS
INR bonds have retained recent gains but struggled to make further headway.
Nov 20, 2018, 10:12 AM ISTRahul Gandhi has a `strong message` as crucial RBI board meeting with government begins
The RBI is also expected to consider a special dispensation for MSMEs and NBFCs which have been facing liquidity issues.
Nov 19, 2018, 11:06 AM ISTModi government trying to capture RBI ahead of LS poll: P Chidambaram
Recently, the government cited never-used before provisions of law that gives it powers to issue directions to the RBI on mattes of public interest to resolve certain issues.
Nov 08, 2018, 15:43 PM ISTIndian norms on PCA, capital are conservative, rule-based: SBI Report
It did not call for any relook in the report which comes amid a heated debate between the Government and the RBI over such aspects.
Nov 07, 2018, 17:39 PM ISTRBI governor Urjit Patel could resign on November 19: Report
The government and the RBI have been fighting for weeks over how much autonomy the RBI should have.
Nov 07, 2018, 11:22 AM ISTPlay like Rahul Dravid, not Navjot Sidhu: Raghuram Rajan draws cricketing parallel for RBI
Rajan has defended the central bank`s call for greater autonomy from the government.
Nov 06, 2018, 14:45 PM ISTIMF says monitoring situation in India; bats for RBI's independence
There were reports of mounting tension between the Ministry of Finance and the Reserve Bank of India.
Nov 02, 2018, 09:18 AM ISTRBI Governor Urjit Patel may not quit, resignation reports baseless
Sources told Zeebiz that the reports of his resignation are utterly baseless.
Oct 31, 2018, 17:08 PM ISTGovt vs RBI: What is Section 7 of the RBI Act?
The alleged rift between the RBI and the government has spilled into the public domain recently.
Oct 31, 2018, 13:45 PM ISTGovt-RBI consultations are never made public, says Finance Ministry amid reports of rift
The government statement comes after reports that it has invoked never-before-used powers under Section 7 of the RBI Act.
Oct 31, 2018, 13:30 PM IST