scorecardresearch
Wednesday, August 20, 2025
TopicBanks

Topic: banks

File Kamath panel recommendations on loan moratorium, Supreme Court tells Centre, RBI

SC's direction came after the Finance Ministry agreed to waive compound interest charged on loans of up to Rs 2 crore for six-month moratorium period announced due to the pandemic.

Will take decision over banks charging interest on deferred instalments soon, Centre tells SC

The Centre told the apex court that the decision-making process is at a very advanced stage and will likely be finalised in two-three days.

Indian banking system will be among last to recover due to NPA overhang, S&P says

The rating agency says India, Mexico, and South Africa are among the banking systems that will be slower to recover to 2019 levels — likely beyond 2023.

Net worth wiped out, withdrawal restrictions, no resolution — PMC Bank’s worse off 1 year on

RBI’s process to fix the bank hasn’t yielded any results. The bank’s net worth is wiped out and its depositors are struggling with restrictions on withdrawal.

Modi govt’s reform of public banks a still-born effort, say Raghuram Rajan & Viral Acharya

Loan losses from the pandemic may be too huge for the government to pay, says a new paper authored by the former RBI governor and former RBI deputy governor.

SC extends interim order on loan moratorium to 28 September, says keen to waive interest

Supreme Court gives Modi govt over 2 more weeks to decide on waiver of interest for moratorium period after considering interest of all classes of creditors & all sectors of economy.

With 25 crore covered, KYC data of nearly a fifth of India’s population is digital

The process, which started in early 2017, took nearly 2 years to reach the 10-crore mark. But this more than doubled over the last 17 months to touch 25 crore now.

How to unearth ‘zombies’ in the Indian corporate sector

As the Indian economy recovers, we should be wary of zombie firms that are using the pandemic as an excuse to continue hanging on.

Hijacking bankers to catch swindlers won’t work, RBI needs more supervision

India’s banks need long-pending governance reforms. Efforts to prevent corporate plunder will unfairly disadvantage the likes of 'glocal' banks such as Citigroup and HSBC.

Why Modi govt has made a good call to move out of all non-strategic sectors

Government participation in the market should be the exception, and not the norm. The latest bid to disinvest is a step in the right direction.

On Camera

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

China pushes for separation of border issue from larger bilateral ties at 24th round of talks with India

New Delhi: Chinese Foreign Minister Wang Yi Tuesday pushed for a “dual-track” progress for ties with India, separating economic ties from the boundary question,...

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?