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Metropolitan centers lead growth in bank credit
It signals broad recovery in economic activities, says the Reserve Bank
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RBI panel for no cap on promoters stake in pvt banks
This may continue as a minimum of 40% of the paid-up voting equity share capital of the bank for the first five years.
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Banks see rise in wilful defaults
The total outstanding amount that wilful defaulters owe to banks stood at ₹6.85 lakh crore as of in June
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RBI unlikely to allow an exception for ownership changes
Central bank working on comprehensive norms that will also deal with corporate ownership of lenders
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RBI working group recommends new law to end illegal digital lending
Central bank also proposes stringent norms to regulate lending via apps
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Centre may adopt a middle-of-the-road on cryptocurrencies
Use of virtual currencies for payments may be banned, but may allow crypto asset trading
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Growth taking root after plunge in pandemic, says RBI governor
Shaktikanta Das said the economy has the potential to grow at a reasonably high pace, provided private capital investment resumes
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Debt mutual fund scores over RBI’s Retail Direct Scheme
The lack of tax incentive is a clear disadvantage of the RBI initiative
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Differences between RBI and others on virtual currencies persist in PM’s review meet
The central bank is for an outright ban, government wants some form of regulation
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NBFC bad loans likely to see a spike as RBI tightens guidelines
Assets categorisation norms brought on par with norms that govern banks
