RBI Updates Banner
RBI WARNS OF ALARMING BANK FRAUDS

BE/RBI/22/2017 The Financial Stability Report warns that the frauds in Banks is on the high increase, and doubts that banks might be hiding some of the fraud cases.  RBI further adds that before a Corporate Account is declared as Fraud, obviously well before 2 or 3 years, they would normally get turned to NPA category.

04 Jul

RBI WARNS OF ALARMING BANK FRAUDS

Admin Bankedge

|

0

BE/RBI/22/2017 The Financial Stability Report warns that the frauds in Banks is on the high increase, and doubts that banks might be hiding some of the fraud cases.  RBI further adds that before a Corporate Account is declared as Fraud, obviously well before 2 or 3 years, they would normally get turned to NPA category.

CORPORATE DEBT REVIEW

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

29 Jun

CORPORATE DEBT REVIEW

Admin Bankedge

|

0

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

PROVISIONING: RBI’S SHOCKER TO BANKERS

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%

26 Jun

PROVISIONING: RBI’S SHOCKER TO BANKERS

Admin Bankedge

|

0

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%

BANKS’ CREDIT GROWTH

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

22 Jun

BANKS’ CREDIT GROWTH

Admin Bankedge

|

0

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

FOREX BUYING

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.

17 Jun

FOREX BUYING

Admin Bankedge

|

0

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.