The Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to help tide over the problem of stressed assets

For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limited and it may not have the financial bandwidth for such a payout

The continuation of forbearance policies has unintended and detrimental consequences for banks, companies and the economy, the Survey said

The government looks to raise Rs 90,000 crore from the sale of its 53 per cent stake in BPCL. But it will be able to raise just Rs 40,000 crore for its stake, according to the present market capitalisation

It was alleged that there were one-sided clauses in loan agreement and that housing finance banks were indulging in cartelisation by way of having same clauses. The complaint was filed by an individual

Gopinath says India's strict lockdown had an impact on the economy, including a very large contraction in first quarter of fiscal year

Announcing the details during its online Davos Agenda Summit, the WEF said a total of 61 business leaders have so far committed to the core Stakeholder Capitalism Metrics

Aadhar Housing Finance will use proceeds from the fresh issue to boost its capital base. The company's capital to risk (weighted) assets ratio was 47.84% as of Sept. 30, 2020

In a report on Monday, Moody's Investors Service said the proposal will commit the largest 25-30 NBFCs to regulations similar to banks regarding capital, credit concentration and governance

The government gives guaranteed return to private companies in its business dealings and considers their profit-motive good and desirable. Why the same doesn't hold true for farmers?

The new regulations call for a new approach to regulatory framework. The RBI has said that large NBFCs based on balance sheet size or business model (riskier business) would be put in an upper layer which will have a new regulatory supervisory framework

The discussion paper has proposed tighter norms for large NBFCs and creation of a multilayer structure to ensure that all NBFCs, irrespective of their size, have sufficient flexibility to operate and grow

Budget 2021 would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit

Stocks to watch today on January 22: HDFC Bank, Vedanta, Wipro, MCX India, Cyient, JK Tyre among others are the top stocks to watch out for in Friday's trading session

Need to build on 'flexibility' and 'agility' as strategic advantages, while being bolder and less risk-averse

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution

The digital innovation India has made so far is here to stay. It needs adoption into commercial application to deepen the financial inclusion net

The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses