RBI allows banks to invest in long-term infrastructure bonds

Last Updated: Tuesday, April 7, 2015, 14:28

In a bid to boost infrastructure investment, the Reserve Bank on Tuesday allowed banks to invest in long-term infrastructure bonds issued by other banks.

Don't outsource loan processing tasks: RBI to bankers

Last Updated: Monday, March 23, 2015, 15:49

Concerned over the rising number of loan default cases, the Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.

UBI silent march on NPAs

Last Updated: Saturday, March 21, 2015, 14:47

The top management and employees of the state-owned United Bank of India (UBI) would take out a silent march in the city tomorrow to create awareness about the rising levels of NPAs in the banking system.

Greece, EU see need for "national reform plan" to fix economy

Last Updated: Sunday, February 15, 2015, 18:42

Greece has agreed with its European partners that there needs to be a "national reform plan" to deal with decades-long issues of the economy, its government spokesman said on Sunday.

RBI issues framework for leverage ratio for banks

Last Updated: Thursday, January 8, 2015, 19:45

The Reserve Bank on Thursday issued a framework for leverage ratio in line with Basel III norms to enable banks to strengthen risk management system and avert any possible crisis.

Sanction-hit Russian state bank VTB receives $1.8 bn aid

Last Updated: Tuesday, December 30, 2014, 22:48

Russia`s second largest bank VTB said Tuesday it has received 100 billion rubles ($1.8 billion) from the country`s national welfare fund, part of a plan to recapitalise the banking system hit by the falling ruble and Western sanctions.

'Inter-connectedness exposes banking system to contagion risk'

Last Updated: Monday, December 29, 2014, 20:05

The Indian banking system faces a possible contagion risk in case of trouble at one bank given the inter-connectedness between some lenders, the Reserve Bank said Monday.

RBI for closer examination of promoters' share pledging

Last Updated: Monday, December 29, 2014, 19:08

With banks in India facing deteriorating asset quality, RBI on Monday said certain corporate practices of using multi-layered structures and pledging of shares to raise funds from banking system need to be examined.

Bad loans may come down to 4% by March 2016: RBI

Last Updated: Monday, December 29, 2014, 19:03

Gross non-performing assets (GNPAs) of banking system is likely to drop to 4 percent by March 2016 with expected improvement in macroeconomic indicators going forward, the Reserve Bank said on Monday.

Banking system vulnerable to financial contagion: RBI

Last Updated: Monday, December 29, 2014, 17:33

India`s close ties between lenders would leave the banking system especially vulnerable to contagion in case of trouble at a single institution, the Reserve Bank of India (RBI) warned in a report on Monday.

China central bank injects fresh funds before holiday

Last Updated: Thursday, January 23, 2014, 14:12

China`s central bank pumped almost USD 20 billion into the banking system Thursday, it said, to ease a liquidity squeeze before the Chinese New Year holiday that has rattled financial markets.

RBI warns banks on rising exposure to large cos; may lower cap

Last Updated: Wednesday, January 1, 2014, 17:58

Flagging the potential threat of contagion to the banking system in case a large corporate fails, the Reserve Bank has hinted at bringing down the single entity and group exposure limits for lenders.