CAPITAL / LIQUIDITY

Capital / Liquidity

RBI Urges Better Risk Monitoring, Faster NPA Resolution at State Banks

By Editors | 23/07/2019

RBI governor Shaktikanta Das asked state-owned banks to speed up bad debt recovery efforts, strengthen internal controls and risk monitoring, and help fix the ongoing NBFC liquidity crisis.

Capital / Liquidity

China Simplifies Issuance of Preferred Shares for Smaller Banks

By Editors | 23/07/2019

The revised guidance makes it easier for non-listed banks to replenish Tier 1 capital through the issuance of preferred shares. To date, only listed banks have issued such instruments.

Capital / Liquidity

SEBI Tightens NPA Disclosure Requirements for Listed Banks

By Editors | 21/07/2019

Listed banks will have to make disclosures if the additional provisioning for NPAs assessed by RBI exceeds 10% of reported profit, compared to 15% previously.

Capital / Liquidity

China Enhances Market Exit Mechanism for Failing Financial Institutions

By Editors | 18/07/2019

China currently lacks smooth market exit channels, reflected in insufficient supporting measures and high exit costs for financial institutions in distress, said an NDRC spokesperson.

Capital / Liquidity

China Issues New Rules for Distressed Asset Fund Managers

By Editors | 17/07/2019

Under the new rules, local AMCs must price bad assets fairly and are prohibited from setting buyback terms in acquisition contracts to help financial institutions cover up bad assets.

Capital / Liquidity

Allahabad Bank Reports $258mn Fraud by Indian Steelmaker

By Editors | 17/07/2019

Following a similar report from Punjab National Bank earlier this month, Allahabad Bank has reported a $258mn fraud at Bhushan Power & Steel.

Capital / Liquidity

Singapore Can Withstand Severe Adverse Shocks: IMF

By Manesh Samtani | 17/07/2019

The IMF says Singapore’s financial system would continue to be resilient even under very adverse scenarios, but that foreign currency liquidity risk needs to be addressed.

Capital / Liquidity

HKMA Asks Banks to Prepare Systems for Revised Leverage Ratio

By Editors | 15/07/2019

Both the revised leverage ratio treatment of client cleared derivatives and the revised disclosure requirements will come into effect in Hong Kong on 1 January 2022, in line with the BCBS timetable.

Capital / Liquidity

ASIC Defends Responsible Lending Guidance

By Editors | 11/07/2019

ASIC says the proposed responsible lending guidance is not about increasing requirements; rather, it seeks to clarify and update guidance on existing requirements.