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Latest Articles in rbi

NPA Resolution: RBI Chief Calls For Recapitalisation Of Banks

"Swift time bound resolution or liquidation of stressed assets will be critical for delogging the balance sheet and for efficient reallocation of bank capital," Patel said.

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Farm Loan Waiver Row, RBI Criticises and NPA’s Come Down

Uttar Pradesh government will be giving certificates to around 86 lakh farmers, who would benefit from the state government’s announcement of loan waiver scheme.

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Small Businesses Suffer As India's Bruised Banks Sit On Deposits

A mountain of bad debt in India's banking system has led to a prolonged credit crunch that is inflicting most pain on small-and medium-sized enterprises

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Follow CERT-In Instructions On WannaCry Attack: RBI To Banks

RBI has asked banks to follow the instructions of government organisation CERT-In to prevent the attack by ransomware, 'WannaCry', which has impacted various IT networks in over 150 countries

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RBI On Hold For Now, 50 Bps Rate Hike Likely In 2018: Nomura

The Reserve Bank is expected to keep rates on hold this year as near-term inflation outlook is benign, but a cumulative 50 bps hike in 2018 is likely as growth accelerates, says a report

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Retail Inflation Dips Below 3% As Food Prices Ease; Factory Output Slips To 2.7% In March

India's consumer inflation eased in April to its lowest in at least five years, reviving a debate on whether the central bank should revisit policy easing even as most analysts expect it to hold rates for the time being

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FCM Travel Gets RBI License For Foreign Exchange Business

FCM Travel Solutions, Indian subsidiary of Australia based Flight Centre Travel Group, has said it has received license from the Reserve Bank of India for foreign exchange business

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Sharing Note Ban Process Details Will Affect India's Economic Interests, Says RBI

Six months after the announcement of demonetisation by Prime Minister Narendra Modi, the RBI has declined to share details of the note ban process, saying it would be detrimental to the country's economic interests

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RBI Begins 'Corrective Action' For IDBI Bank Over Bad Loans

The Reserve Bank of India has initiated "prompt corrective action" for state-run IDBI Bank over its high bad loans and negative return on assets, the lender said

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A Step For India's Banks, But No Giant Leap For Bad Debt

The government's move to strengthen the hand of the Reserve Bank of India will help it push reluctant lenders towards writedowns and errant borrowers into insolvency, bankers said, but the country is far from drawing a line under its $150 billion of sour debts

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Reserve Bank Gets More Teeth To Resolve Banks' NPA Woes; Acts Quickly

The government has empowered RBI to ask banks to initiate insolvency proceedings to recover bad loans, amounting to over Rs 6 lakh crore in case of state- owned lenders alone, and promised more measures to resolve the NPA crisis

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Reserve Bank Given More Powers To Tackle NPAs, Says FM Arun Jaitley

Reserve Bank has been given powers to identify specific loans gone bad and enforce quicker resolution with the government amending the banking law through an executive order, Finance Minister Arun Jaitley said

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Modi Government Tweaks Rules To Help Resolve Banks' Rs 9.64 Lakh Crore Bad Debt Problem

The move marks the latest attempt to tackle the record Rs 9.64 trillion in stressed loans accumulated as of the end of December that have choked new credit and hurt the country's economic growth

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