Dinesh Unnikrishnan

Deputy Editor

Moneycontrol

New RBI rules: Banks may lose edge in MFI business

BUSINESS

New RBI rules: Banks may lose edge in MFI business

The proposed uniform regulations for all types of lenders in microfinance space will be positive for NBFC-MFIs and negative for banks

Explained | Why RBI is buying bonds worth Rs 20,000 crore and other questions answered

BUSINESS

Explained | Why RBI is buying bonds worth Rs 20,000 crore and other questions answered

The RBI needs to keep the bond market happy and yields within a limit so that the government’s Rs 12.06 lakh crore borrowing plan has a smooth run.

Banking Central: Another farm loan waiver, another jolt to the taxpayer

BUSINESS

Banking Central: Another farm loan waiver, another jolt to the taxpayer

Loan waivers have damaged the credit discipline and resulted in a spike in loan defaults over the years

RBI issues diktat to officials to prevent leaks and stick to official position

BUSINESS

RBI issues diktat to officials to prevent leaks and stick to official position

Internal circular issued asking officers not to talk to the press after reports of RBI planning another demonetisation. The RBI had denied these reports.

Exclusive interview | HDFC Bank doesn’t expect wholesale NPAs to deviate from past trend, says wholesale banking head

BUSINESS

Exclusive interview | HDFC Bank doesn’t expect wholesale NPAs to deviate from past trend, says wholesale banking head

Rahul Shukla says the concept of bad bank is very good and it is good that the proposed bad bank is not being funded by public money.

PMC Bank gets three final bids; evaluation to decide winner underway, says RBI Governor Shaktikanta Das

BUSINESS

PMC Bank gets three final bids; evaluation to decide winner underway, says RBI Governor Shaktikanta Das

PMC Bank was superseded by the RBI in September 2019 due to poor finances and major corporate governance violations.

RBI awaiting formal proposal from government on bad bank: Shaktikanta Das

BUSINESS

RBI awaiting formal proposal from government on bad bank: Shaktikanta Das

Union Finance Minister Nirmala Sitharaman announced the Bad Bank proposal in the Budget 2021

RBI monetary policy | Shaktikanta Das delivers on his promise to lend a hand to shore up economy

BUSINESS

RBI monetary policy | Shaktikanta Das delivers on his promise to lend a hand to shore up economy

At this point, the tone of the monetary policy is growth, and not inflation, and rightly so.

Will the RBI Monetary Policy spoil the Budget party today?

BUSINESS

Will the RBI Monetary Policy spoil the Budget party today?

The overall growth scenario remains fragile. Sudden withdrawal of liquidity could hurt growth and spook financial markets. The MPC is unlikely to take that risk for now.

Why DICGC Act amendment is big news for small depositors

BUSINESS

Why DICGC Act amendment is big news for small depositors

The Indian banking system now has a much better safety net for depositors of failing banks compared to what they had till a year ago.

How is the proposed 'Bad Bank' different from existing ARC?

BUSINESS

How is the proposed 'Bad Bank' different from existing ARC?

There are a few reasons why a government-backed ARC can perform better than existing private ARCs

Budget 2021: FM Nirmala Sitharaman gives a bold, reformist blueprint for India's govt-dominated banks, but execution is key

BUSINESS

Budget 2021: FM Nirmala Sitharaman gives a bold, reformist blueprint for India's govt-dominated banks, but execution is key

Privatisation of PSBs has been a long pending agenda but the idea has not progressed so far. Budget 2021 promises a big shift

Budget 2021: FM announces bad bank, why it is a big step towards addressing Indian banks’ toxic assets worries

BUSINESS

Budget 2021: FM announces bad bank, why it is a big step towards addressing Indian banks’ toxic assets worries

Banks are facing a resurgence of bad assets in teh aftermath of COVID-19. A bad bank will help to segregate the existing stock of bad assets from the good so that banks can focus on fresh lending.

Budget 2021: FM Nirmala Sitharaman announces Rs 20,000 crore fresh capital infusion for PSBs

BUSINESS

Budget 2021: FM Nirmala Sitharaman announces Rs 20,000 crore fresh capital infusion for PSBs

In the last Union Budget, the FM didn’t allocate any fresh capital for PSBs and asked banks to tap markets for funds.

Banking Central | What is the biggest Budget gift FM Nirmala Sitharaman can offer PSBs?

BUSINESS

Banking Central | What is the biggest Budget gift FM Nirmala Sitharaman can offer PSBs?

Whether the government should keep PSBs alive on life support or exit from the ownership of these banks is the critical question at this stage.

ICICI Bank Q3: Is the worst over for lender on bad loans front?

BUSINESS

ICICI Bank Q3: Is the worst over for lender on bad loans front?

The Economic Survey 2021 warned that yet another round of asset quality review is required to assess the actual extent of NPAs in the system.

Economic Survey 2021 slams 'asleep at the wheel' bank boards, auditors for bad-loan mess

BUSINESS

Economic Survey 2021 slams 'asleep at the wheel' bank boards, auditors for bad-loan mess

The RBI could consider penalising the auditors of banks where ever-greening happens, the survey has said.

Economic Survey 2021 calls for another asset quality review, says forbearance can't stay for long

BUSINESS

Economic Survey 2021 calls for another asset quality review, says forbearance can't stay for long

This statement in the survey is significant since a bad loan clean-up will mean banks will see a sharp spike in bad loans from the current level.

Economic Survey 2021: Yes Bank, LVB events show RBI audits failed to catch 'ever-greening'

BUSINESS

Economic Survey 2021: Yes Bank, LVB events show RBI audits failed to catch 'ever-greening'

The RBI initiated an asset quality review in 2015 under governor Raghuram Rajan to dig up NPAs from bank balance sheets.

Under-capitalised banks may resort to zombie lending, hurt real economy: Economic Survey 2021

BUSINESS

Under-capitalised banks may resort to zombie lending, hurt real economy: Economic Survey 2021

PSBs will require Rs 2 lakh crore over the next two years, as per rating agency Moody’s estimates.

RBI clears Dhanlaxmi Bank CEO appointment after shareholders’ nod

BUSINESS

RBI clears Dhanlaxmi Bank CEO appointment after shareholders’ nod

On January 26, shareholders had cleared the name of Shivan JK for the position of MD & CEO

If you default on one loan, your other borrowings from the same bank too may become NPAs

BUSINESS

If you default on one loan, your other borrowings from the same bank too may become NPAs

This is because the Reserve Bank of India rules require banks to follow NPA classification at a borrower level and not at a product level.

RBI unveils stricter norms for banks to bolster grievance redress mechanism

BUSINESS

RBI unveils stricter norms for banks to bolster grievance redress mechanism

The new framework mandates banks to have enhanced disclosures on complaints. Also, it talks about recovery of the cost of redress of maintainable complaints from the banks against whom the number of complaints received in the Offices of Banking Ombudsman (OBOs) are in excess of their peer group averages.

Budget 2021: Will 'bad bank' take off this time? 5 reasons why the timing could be just right

BUSINESS

Budget 2021: Will 'bad bank' take off this time? 5 reasons why the timing could be just right

The idea of a government-funded bad bank didn’t appeal to many before. But, the rising stress in the banking system, after COVID-19, calls for an effective resolution mechanism. A bad bank could make sense now

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