Bank, NBFC stocks fall as RBI tightens norms for personal loans; SBI, Axis Bank top losers
The RBI has increased the risk weights on unsecured consumer loans, including credit cards, by 25% for both banks and NBFCs.
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SBI to park ₹20,000 crore NPAs in bad bank
The country’s biggest lender will transfer the accounts in phases by the end of FY22.
Govt guarantee to bad bank SRs a blind gambit
The new guarantee to all Security Receipt holders that in the event of a shortfall it is the government who will step in and pay from the public exchequer is a problematic development.
How ARCs are solving India’s NPA crisis
Asset reconstruction companies (ARCs) were set up in India to solve the NPA problem. India's 29 ARCs are a reflection of the success of the ecosystem in alleviating the stressed asset challenges.
‘Risk management spends have the biggest payback’
Risk management software company BCT Digital CEO Jaya Vaidhyanathan says Indian banks will need to prepare for the worst while hoping for the best.
Need ‘bad banks’ to tackle NPLs: Henry Kravis
PE giant’s co-founder says ‘tough medicine’ needed to clean up banks’ balance sheets; government-central bank spats ‘not new’
