RBI sees trouble ahead in loans to telcos, asks banks to raise provisions With the financials of telecom companies deteriorating, the Reserve Bank of India (RBI) on Tuesday raised a red flag over bank loans to the telecom sector and asked lenders to make higher provisions e
Farm loan waivers pose fiscal/rate risk, says report After RBI governor Urjit Patel and other top bankers criticised the Rs 36,000 core farm loan waiver announced by the BJP government in Uttar Pradesh, a foreign brokerage has said write offs of up to 2
Bad loans, other challenges seen hurting Q4 earnings of banks The fourth quarter of financial year 2017 will continue to be a challenging quarter for banks.
Many curbs if banks exceed bad loan limits The Reserve Bank of India (RBI) on Thursday released the revised prompt corrective action (PCA) framework that is aimed at faster resolution of bad loans.
Go for home loan now, no further rate cut seen Existing home loan borrowers linked to base rates are likely to see their EMIs fall this year.
RBI keeps rates on hold, focuses on liquidity glut and bad loans Wary of inflation, the Monetary Policy Committee of the Reserve Bank of India (RBI) in its first review for FY18 kept the repo rate unchanged as widely expected but surprised by hiking the reverse rep
RBI serves a warning to Centre on loan waivers Reserve Bank governor Urjit Patel on Thursday in no uncertain terms denounced loan waiver schemes by successive governments.
RBI seen holding rates The monetary policy committee (MPC) of the Reserve Bank of India (RBI) is most likely to keep key rates unchanged on Thursday in its first bimonthly monetary policy for FY18 on rising consumer price i
Rupee surges 4.3% on positive domestic and global cues The rupee has been the third best-performing Asian currency this year and has surged 4.63 per cent in the March quarter, its best quarterly gains since September 2012 buoyed by strong inflows from for
Fund flows shore up rupee to 17-mth high of 64.86 Buoyed steady flow of liquidity from foreign institutional investors (FIIs), the rupee on Wednesday rose to a fresh 17-month high of 64.86 against dollar -- a level last seen on October 23, 2015.