A report by Dun & Bradstreet has said that the coming 2013 too looks to be a tough one for India Indian banking sector. Even 2012 was a volatile year for Indian banking, marked mostly by its wait for a cut in rates by RBI since April 2012 and fast deterioration in asset quality.
Tag: RBI
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RBI allows loan recast for mining firms
Agency reports suggest that Reserve Bank of India (RBI) said it does not have any objection for banks restructuring the loan of the mining industry in Goa if they are based on the prescribed guidelines.Ban on mining in the state affected around 22,000 trucks and 400-odd ships in the state transporting ore from different parts of Goa to
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Ministry mulls steps to develop corporate bond mkt
In order to develop a vibrant corporate bond market, the union finance ministry is reportedly planning some steps in collaboration with Reserve Bank of India (RBI) and the ministry of corporate affairs (MCA). Media reports suggest that the ministry plans to give statutory liquidity ratio (SLR) status to corporate bonds in order to encourage banks to
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Corporate bond issue declines sharply
Fresh bond issuance by companies has dwindled sharply in the last few months because issuers are delaying their fund raising plan expecting Reserve Bank of India (RBI) to cut policy rate going forward.Also, expectation of tax-free bonds flooding the markets from November has also reduced fresh issuance by companie
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Earnings of banks came under pressure in FY12
Key earnings parameters of scheduled commercial banks (SCBs) came under pressure during 2011-12 because of slowdown in the
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Large funds must be attracted to bonds
A committee appointed by Reserve Bank of India (RBI) said called for encouraging large institutional investors such as pension funds, provident funds, insurance companies, etc. to invest in bonds floated by bank
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IDF should address asset-liability mismatch
The government should explore various options that can nurture IDF in an industry-friendly way, writes Vivek Rao. While conceptually Infrastructure Debt Funds (IDFs) would be very attractive for all stakeÂholders of the infrastructure sector including private sector developers, banks as well as the goverÂnment, IDFs would have to address certain challenges.
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Restructuring of loans to discoms is not a permanent solution
In a freewheeling interview with Rahul Kamat, M V Tanksale, Chairman and Managing Director, Central Bank of India, says that although discoms are going through a rough phase
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Rebuilding Faith
Why does it take the Prime Minister to get his hands dirty each time there is an operational problem in infrastructure? We hope this was one of the many questions Dr Manmohan Singh asked himself before taking on his favourite role—as Finance Minister.
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Rebuilding Faith
Why does it take the Prime Minister to get his hands dirty each time there is an operational problem in infrastructure? We hope this was one of the many questions Dr Manmohan Singh asked himself before taking on his favourite role—as Finance Minister.