banking sector
India's bond rally fizzles on government spending fears
Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.
Good money after bad? India's bank rescue plans keep on coming
Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India’s economic recovery.
Finance Minister Sitharaman to meet CEOs of PSU banks on Friday
The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.
Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman
Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.
Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC assets
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
A mess: Patel admits RBI was slow to take timely measures
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
Economic Survey 2018-19 highlights
India continues to remain the fastest-growing major economy in the world in 2018-19.
Economic Survey: Banking sector performance improved due to fall in bad loans in 2019
The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated.
Govt cuts interest rate on small savings schemes by 0.1 per cent
Interest rate for 5-year Senior Citizens Savings Scheme will now fetch a lower rate of interest at 8.6 pc from 8.7 pc.
RBI calls for greater surveillance on too-big-to-fail NBFCs
The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.