Author

Abhijit Lele

4

Articles

Articles

RBI revises cash credit and overdraft norms to boost monitoring, discipline

RBI revises cash credit and overdraft norms to boost monitoring, discipline

The Reserve Bank of India has introduced revised norms governing cash credit, current and overdraft accounts, aiming to give banks greater operational flexibility while strengthening credit discipline

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S&P upgrades India's insolvency regime to 'B' as IBC lifts recoveries

S&P upgrades India's insolvency regime to 'B' as IBC lifts recoveries

S&P Global Ratings has raised India's insolvency regime ranking to 'B', citing improved creditor-led outcomes under the IBC, higher recoveries and shorter timelines

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Govt in talks with RBI, lenders on forming large banks: FM Sitharaman

Govt in talks with RBI, lenders on forming large banks: FM Sitharaman

"There is a lot of work to do prior to my saying yes. The work has already commenced. We are discussing with the RBI and banks," the finance minister said

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NPCI says same-day cheque clearing stabilised; unions seek RBI help

NPCI says same-day cheque clearing stabilised; unions seek RBI help

NPCI says the new t+0 cheque clearing system is stable after early glitches, while bank unions urge RBI to ensure smoother implementation during the festive period

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