BE/RBI/21/2017 RBI has set up an Oversight Committee to with an aim to clear the stressed Corporate Loans, which has been now advised to review 12 Corporate Accounts.  Additionally 6 more accounts in the coming days with debt of Rs. 10,000 crore would be added, for review, under Scheme for Sustainable Structuring of Stressed Assets

BE/RBI/20/2017 At the meeting of the Bank chiefs on Friday the 23rd June ’17, RBI demanded a huge rise in the provisions on Loans, which are being referred to Bankruptcy courts.  Possibly this is likely to end up with additional expenditure of Rs. 50,000 crores on the bankers. The rule states that: At least 50%

BE/RBI/19/2017 RBI has informed that the credit growth of Banks, has risen to Rs. 7,658.212 crores, during the fortnight ended 9th June which was Rs. 7,222.939 crore during the same period last year. This means that there is a growth in the credit portfolio to the tune of 6.02 per cent during the period under

BE/RBI/18/2017 RBI contemplates to increase the foreign exchange (FOREX) buying and proposes to cut 25 Basic points in interest rate on 2nd August 2017. BofAML (Bank of America Merrill Lynch), the global financial services, is likely to take back the liquidity from September this year, which means, RBI should be able to recoup forex reserves.

BE/RBI/17/2017 RBI policy Monetary Policy Committee decision Salient Features of the meeting are: MPC leaves rates unchanged, lowers inflation forecast MPC decides to leave repo rate unchanged and lower its inflation forecast. SLR has been brought down by 50 basis points with no change in HTM. Thus, the forecast on inflation was also lowered, due