Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax

Total 16 results found. Search for [ Central Repository of Information on Large Credit ]

Results 1 to 16 of 16
Naveen Kumar
January 29, 2019
A risk management alert service of CIBIL is being misused for making relentless sales call and harassing borrowers

New Delhi, December 19, 2018
In a written reply to a question in the Rajya Sabha, Shiv Pratap Shukla, Minister of State for Finance, said the Centre has initiated the formulation of several laws to secure prudential banking and instil a culture of credit discipline.

Mudit Kapoor
New Delhi, September 5, 2018
Money is laundered through a web of companies located in different geographies, making it difficult to check such transactions. To fight this, the Reserve Bank of India (RBI) has introduced Legal Entity Identifier or LEI. Its key aim is to check and prevent banking frauds.

February 25, 2018
New Delhi, February 15, 2018
The bouquets and brickbats and reservations continue to fly thick after the Reserve Bank of India's surprise announcement of a new framework to deal with stressed assets earlier this week.

February 14, 2018

Gopal Krishna
New Delhi, October 24, 2017
The following facts reveal that the claim of bipartisan support is an exercise in factual misrepresentation.

BT Online
May 9, 2016
In yet another tussle between finance ministry and the central bank over the information on borrowers who took loans of more than Rs 5 crore, the RBI has reportedly denied permission to the government to access the database.

Rajeev Dubey
April 8, 2015
Corporate India's borrowings have more than doubled in the past four years. Its debt woes in the midst of a slowing domestic economy have far-reaching consequences.

Anand Adhikari
October 10, 2014
The RBI's wilful default guidelines were framed in 1999. But banks often shy away from declaring a promoter a wilful defaulter as it further complicates the matter.

Anand Adhikari
August 27, 2014
The alarmingly high stress in the PSU banks has forced the government as well as the RBI to swing into action to fix larger structural deficiencies. But there are no quick fix solutions.

Manu Kaushik and Sarika Malhotra
August 27, 2014
The problem, according to experts, began during the 2008 downturn when stimulus packages were announced by the government to revive the economy. The banks began to lend generously resulting in piling up of NPAs and stressed assets.

Mail Today Bureau
New Delhi, August 2, 2014
The total gross NPA ratio has gone up to 4.03 per cent in 2013- 14 from 3.42 per cent in 2012- 13 and 2.94 per cent in 2011- 12, he added.
August 1, 2014
Finance Minister Arun Jaitley said the total gross NPA ratio has gone up to 4.03 per cent in 2013-14 from 3.42 per cent in 2012-13 and 2.94 per cent in 2011-12.

Mumbai, July 23, 2014
RBI Executive Director B Mahapatra said the bank is working on a system to enable entrepreneurs seeking to exit insolvent businesses.

Mumbai, November 21, 2013
The focus on asset quality comes as bad debts at Indian banks have nearly doubled since 2009 to 4.2 per cent of total loans at the end of September, RBI data showed while debt restructuring is also at a record high.