Banks are not Uncle Scrooge, they raise deposits to lend: RBI Deputy Governor Vishwanathan
In another scathing attack on the government’s demand for capital relaxations and increasing credit flow to borrowers the Reserve Bank of India (RBI) […]
Category: Mutual Fund
Mutual Fund Analysis by Collabgenics
Not job of banks to bail out borrowers: RBI deputy governor
Reserve Bank of India deputy governor NS Vishwanathan said the job of banks is not to bail out borrowers whenever they get into […]
Governance issues may hog limelight at RBI board meet
Governance at Reserve Bank of India’ is slated to figure as a contentious agenda item in its board meeting on November 19. Some […]
RBI versus govt: FinMin was in agreement over changes in PCA in 2017
As the Finance Ministry and the Reserve Bank of India (RBI) try to mend fences, sources told that the central bank wrote […]
How govt-RBI battle on Section 7 plays out could decide fate of power NPAs
The Supreme Court may have allowed India’s central electricity regulator to consider reopening the power supply contracts of the loss-making generating stations of Tata, […]
The need for a boost to MSME sector
The data shows bank lending to micro and small-scale industrial units fell from 3.1% of gross domestic product (GDP) in 2013-14 to 2.22% […]
ArcelorMittal’s Essar Steel win spells loss for Gujarat
The Gujarat government is set to lose as much as ₹1,150 crore* if the dedicated bankruptcy court upholds the committee of creditors’ […]
Liberty House misses deadline to pay Amtek, Adhunik lenders
Steel major Liberty House, which made a binding offer to purchase ArcelorMittal’s steel plants in Europe, missed the deadline to pay local […]
NCLT asks Ingen to deposit ₹334 crore
The Chennai Bench of the National Company Law Tribunal (NCLT) has directed Ingen Capital Group LCC, which was selected to take over Orchid […]
Dena, Kotak banks withdraw plea against Alok Industries RP
Dena Bank and Kotak Mahindra Bank Ltd, two dissenting financial creditors of debt-ridden textile maker Alok Industries Ltd, have withdrawn their applications against the resolution […]