Union finance minister Nirmala Sitharaman on Saturday asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity Read More …
Tag: Banking management
PSBs should focus on robust asset-liability & risk management: Sitharaman
PSBs should focus on robust asset-liability & risk management: Sitharaman
Union finance minister Nirmala Sitharaman on Saturday asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity management,” Read More …
Failure of Banks and Financial Institutions: Regulators can only have a roadside view of risks
The adequacy of regulations and efficacy of regulators in preventing the failure of banks and financial institutions (BFIs) has again been under debate after the recent failure of three smaller banks such as the Silicon Valley Bank (SVB), Signature Bank Read More …
What happened to SVB cannot happen to banks in India
I must confess that it is a strong statement to make, especially when I have typically confined myself to the realms of probabilities in the past. Nonetheless, I am unequivocally convinced that the circumstances that led to the collapse of Read More …
Banking crisis raises concerns about leverage lurking in financial system
As traders rush to identify where the next bout of volatility will come from, some watchdogs think the answer may be buried in the huge pile of hidden leverage that’s been quietly built over the past decade. More than a Read More …
Bank Failures Train Spotlight on Shortcomings in Risk Management
As banks and regulators scurry to respond to the most perilous industry conditions since the 2007-08 financial crisis, experts say one persistent issue needs attention: risk oversight that’s not always up to the job. Board-level risk committees at many banks have neither Read More …
Banks request RBI to extend reporting time frame for loan related fraud
Banks have requested the Reserve Bank of India (RBI) to relax the rules on reporting loan fraud. They told the RBI that the existing norms are too stringent, The Economic Times (ET) reported. The banks have sought a month’s time for reporting loan fraud to the RBI. Read More …
RBI steps in to end harassment of borrowers, prohibits digital lenders from accessing smartphone data
With the news of harassment of customers by digital lenders becoming frequent – in some cases the harassed borrowers even committing suicide – the Reserve Bank of India (RBI) has decided to issue stringent guidelines to put an end to Read More …
Banks, global investors may cap exposure to Adani firms: S&P
Indian banks and global investors are considering caps for their exposure to the Adani Group amidst the conglomerate’s aggressive growth push, which is riding on acquisitions, S&P Global Ratings said on Thursday. Even as the Group tries to grow in new business Read More …
Embracing sustainable investing for good banking: ESG in BFSI
“Sustainability”: The overarching goal of all global, local and commercial organizations since the 2010s seems primarily ambitious in the financial sector. An extensive study assessing NSE 600 companies in FY 2020-21, done recently underscores BFSI as one of the sectors Read More …