Friday, Jan 22, 2021 | Last Update : 10:20 PM IST

Banking Regulation Act

Credit guarantee on debt for NBFCs, HFCs

The move, according to experts, would help NBFCs in the recovery process of an even smaller loans.

02 Feb 2020 3:05 AM

Circular has no effect in law: Apex court

The court held that reference to IBC can be made only on a case-to-case basis and that there cannot be a blanket direction to that effect.

03 Apr 2019 12:20 AM

Top 11 PNB officials summoned for violation of banking regulation

The RBI has further alleged that the accused willfully and deliberately made false statements in the compliance report.

27 Mar 2019 10:01 AM

RBI slaps Rs 3 crore monetary penalty on IDBI bank

Reserve Bank of India imposed monetary penalty worth Rs 3 crore on IDBI Bank for not complying with the norms.

12 Apr 2018 2:28 PM

Finance ministry defends ‘bail-in’, says needs prior consent

It said that bail-in amounts to liabilities’ holders bearing a part of the cost of resolution by reduction in their claims.

03 Jan 2018 1:00 AM

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Govt notifies changes in Banking Regulation Act

The banking sector is saddled with NPAs of over Rs 8 lakh crore of which Rs 6 lakh crore PSBs.

27 Aug 2017 2:06 PM

Bankers hail RBI move to name top dud loans

Total NPAs stand at over Rs 8 trillion of which Rs 6 trillion are with public sector banks.

15 Jun 2017 9:42 AM

Jaitley to review working of PSU banks, FIs on June 12

Meet assumes significance as it will be first after promulgation of ordinance amending Banking Regulation Act, 1949, last month.

09 Jun 2017 4:12 PM

Working on resolution of large NPA accounts: RBI

RBI changed the consent required for approval of a proposal to 60 per cent by value instead of 75 per cent earlier.

07 Jun 2017 8:20 PM

Resolution of NPAs is still work in progress: Jaitley

High NPA levels also impact the capacity of the banking system to support growth.

01 Jun 2017 3:28 PM

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India concerned about NPAs of Indian banks as well: Lavasa

Cabinet this week approved promulgation of an ordinance to amend the Banking Regulation Act for resolution of the NPA crisis.

12 May 2017 4:19 PM

Chandha Kochhar lauds new Banking Regulation Act

Kochhar says new stressed assets rules will help lenders solve problem in a time-bound manner.

06 May 2017 12:42 PM

RBI gets more power to deal with bad loans

Central bank can now initiate insolvency process.

06 May 2017 5:09 AM

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

05 May 2017 5:53 PM

President Mukherjee clears ordinance on Non-Performing Assets

Ordinance will give greater powers to the Reserve Bank of India to tackle mounting bad loans

05 May 2017 10:06 AM

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President likely to promulgate banking ordinance today

Banks are in a sweet spot due to a new framework to deal with NPAs and better quarterly results.

05 May 2017 9:50 AM

How RBI, banks will tackle Rs 6 lakh crore NPAs

Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.

04 May 2017 4:53 PM

Lavasa ask for Amendments to Banking Regulation Act

Lavasa said "we should be able to reach resolution in many of the cases".

04 May 2017 4:11 PM

Bank stocks surge up to 9 pc on NPA resolution push

Public sector banks are saddled with NPAs or bad loans to the tune of a staggering Rs 6 lakh crore.

04 May 2017 12:16 PM

Cabinet clears ordinance to amend Banking Act to tackle NPAs

Amendment will empower the RBI to issue direction to banks to recover non-performing assets (NPAs) from loan defaulters.

04 May 2017 10:58 AM

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