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RBI Leaves NPL Standards to Lenders
By Samuel Riding | 03/02/2016
Indian central bank says it will leave the market to determine standard recognition and provisioning standards.
RBI Holds Debt Restructuring Scheme Talks
By Samuel Riding | 20/01/2016
Central bank meets top executives at major banks to discuss challenges in managing distressed assets.
Market Infrastructure
RBI Relaxes Off-site ATM Rules
By Samuel Riding | 15/01/2016
Indian banks will be allowed to provide full range of services at off-site ATMs.
RBI to Share KYC, AML Reports with Intelligence Bureau
By Samuel Riding | 08/01/2016
India’s central bank succumbs to pressure to share information on bank KYC, AML evaluations.
Financial Inclusion Could Damage Banking Sector: FSDC
By Samuel Riding | 23/12/2015
India’s push for financial inclusion could threaten the profitability of public sector banks, report says.
India Moots Tighter Loan Provisioning Rules
By Samuel Riding | 21/12/2015
RBI proposes banks increase provisions for loans to customers with ‘sub-standard’ borrowing from other lenders.
Indian Banks Face Pressure to Name Defaulters
By Samuel Riding | 18/12/2015
Supreme Court says information cannot be withheld on grounds of bank rules and confidentiality.
SEBI to Set Fund Commission Rules, Discussing Crowdfunding
By Samuel Riding | 08/12/2015
Indian market regulator frustrated by mutual fund association delays; expects to introduce crowdfunding proposals next month.
Indian Banks Challenge Base Rate Proposals
By Samuel Riding | 07/12/2015
State Bank says lenders want rule linking base rates to marginal cost of funds to be reconsidered.
India Probes HSBC Accounts Over Money Laundering Concerns
By Samuel Riding | 24/11/2015
Indian central bank conducted investigation into books of accounts between March and April 2015.
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