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PSB chiefs' selection may be put on hold amid merger push
  The government will likely impose a temporary halt on the selection of state-run bank chiefs as it looks to push lenders toward consolidation.    Read  
  By: GK Gupta (ET)Place: Chandigarh01 Sep 2017Govt & RBI Policy::View 
Fall out of demonetisation on predicted lines, economy will benefit in medium & long term: Arun Jait
  Finance Minister Arun Jaitley on Thursday said the fall out of demonetisation was on predicted lines and the economy will benefit in medium and long term.    Read  
  By: GK Gupta (DNA)Place: Chandigarh31 Aug 2017Govt & RBI Policy::View 
Govt may delay PSB mergers as RBIís new norm on insolvency may hit banks balance sheet
  IN the event of resolution,under new norms,banks will typically need to take a haircut as well.    Read  
  By: GK Gupta (ET)Place: Chandigarh31 Aug 2017Govt & RBI Policy::View 
Demonetisation: Small gains, big promise; RBI intercepts only 7.62 lakh pieces of counterfeit notes
     Read  
  By: GK Gupta (DNA)Place: Chandigarh31 Aug 2017Govt & RBI Policy::View 
Kamineni firms land at NCLT on bad loan woes
  RBI had asked lenders to initiate steps against a dozen defaulters under the Insolvency and Bankruptcy Code.    Read  
  By: GK Gupta(ET)Place: Chandigarh30 Aug 2017Govt & RBI Policy::View 
These stocks may be part of RBI's second list of over 40 defaulters
  Two months after it asked banks to initiate insolvency proceedings against 12 top defaulters in the country , RBI has drawn up a second list of over 40 defaulte..    Read  
  By: GK Gupta (ET)Place: Chandigarh30 Aug 2017Govt & RBI Policy::View 
Public sector banks take recovery action against 5,954 wilful defaulters
  Public sector banks have taken loan recovery action under Sarfaesi law against 5,954 wilful defaulters owing about Rs70,000 crore to the lenders. At the end of..    Read  
  By: GK GuptaPlace: Chandigarh29 Aug 2017Indian Banking::View 
Financial year change to Jan-Dec ruled out, all states not in favour
  On The Back Burner Any change in the financial year would have to be agreed upon by all states, and a number of them were not in favour Prime Minister Narendr..    Read  
  By: GK GuptaPlace: Chandigarh29 Aug 2017Govt & RBI Policy::View 
Post-demonetisation, 99% of Rs 1,000 notes back with RBI?
  How many worthless Rs 1,000 and 500 notes were hoarders of black money left holding on to after demonetisation because they couldn't reveal they had them? No of..    Read  
  By: GK GuptaPlace: Chandigarh27 Aug 2017Govt & RBI Policy::View 
Banks may face a big hit on insolvency provisioning norms
  VNR Infrastructures and Innoventive IndustriesBSE -4.55 %' valuations at the bankruptcy courts is just about 10% of the total loan amounts, making analysts ques..    Read  
  By: GK GuptaPlace: Chandigarh27 Aug 2017Indian Banking::View 
RBI panel seeks rights-based data privacy in household finance
  There is a need to adopt a rights- based privacy framework in household finance rather than the widely prevalent consent-based approach, a Reserve Bank panel ha..    Read  
  By: GK GuptaPlace: Chandigarh26 Aug 2017Govt & RBI Policy::View 
Right to Privacy: What do the limitations mean and how will they impact you?
  What makes us believe that Right to Privacy will not be restricted at the govt's whims and fancies?    Read  
  By: GK GuptaPlace: Chandigarh25 Aug 2017Govt & RBI Policy::View 
Govt approves 7% DA hike; raises it to 107% from July 1
  The government on Thursday approved 7 per cent hike in dearness allowance (DA), taking it to 107 per cent of basic pay, a move that will benefit around 30 lakh ..    Read  
  By: GK GuptaPlace: Chandigarh25 Aug 2017Govt & RBI Policy::View 
Cabinet agrees to merge PSU banks after SBI consolidation, appoints panel to supervise
  The Union Cabinet has approved the framework for merging state-owned banks. Plans are to consolidate a total of 21 public sector banks, with the details of thes..    Read  
  By: GK GuptaPlace: Chandigarh25 Aug 2017Indian Banking::View 
Rs 200 notes ready for circulation, not to dispense at ATMs
  It may take a while before the notes are dispensed from ATMs due to its configuration, which is different from the existing currency of Rs 100 and Rs 2,000.    Read  
  By: GK GuptaPlace: Chandigarh25 Aug 2017Govt & RBI Policy::View 
 
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