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ARC executives find written-off assets particularly appealing as the number of sizeable bad loans awaiting recovery have dipped, thanks in part to banks’ persistent corrective measures, including selective targeting of corporate borrowers. Asset reconstruction companies (ARCs) are capitalizing on the opportunity to acquire written-off loans, given the substantial pool of such assets available with lenders, and

28 Jul

ARCs spot opportunity in written-off accounts

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ARC executives find written-off assets particularly appealing as the number of sizeable bad loans awaiting recovery have dipped, thanks in part to banks’ persistent corrective measures, including selective targeting of corporate borrowers. Asset reconstruction companies (ARCs) are capitalizing on the opportunity to acquire written-off loans, given the substantial pool of such assets available with lenders, and

Reserve Bank of India: The licenses of many co-operative banks have been canceled by the Reserve Bank of India in the financial year that ended on March 31. If you also have an account in these banks, then you should be updated about this news. These banks have faced strict action from the Reserve Bank

29 Jun

RBI canceled the license of these 8 banks, also banned the transaction

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Reserve Bank of India: The licenses of many co-operative banks have been canceled by the Reserve Bank of India in the financial year that ended on March 31. If you also have an account in these banks, then you should be updated about this news. These banks have faced strict action from the Reserve Bank

RBI Governor Das says ‘job is only half done with the fight against inflation not yet over’; Deputy Governor Patra stresses policy needs to remain in ‘brace’ mode to ensure shocks from supply demand mismatches leave no scars on the economy. The Hindu Bureau MUMBAI The Monetary Policy Committee’s job was only half done in

23 Jun

MPC stresses need for inflation vigil

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RBI Governor Das says ‘job is only half done with the fight against inflation not yet over’; Deputy Governor Patra stresses policy needs to remain in ‘brace’ mode to ensure shocks from supply demand mismatches leave no scars on the economy. The Hindu Bureau MUMBAI The Monetary Policy Committee’s job was only half done in

Disinflation is a process of slowdown in the rate of increase of the general price level of goods and services in a nation’s gross domestic product over time.  In other words, it is the opposite of reflation which refers to a process of economic recovery with a combination of both Fiscal and Monetary policies.  A

15 Jun

RBI Governor on Disinflation

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Disinflation is a process of slowdown in the rate of increase of the general price level of goods and services in a nation’s gross domestic product over time.  In other words, it is the opposite of reflation which refers to a process of economic recovery with a combination of both Fiscal and Monetary policies.  A