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February 1, 2024
The Indian economy is likely to grow at 7.4% in the coming years. As Union Finance Minister Nirmala Sitharaman is to present the Interim Budget - vote on account - today, here is a quick look at the...
February 28, 2022
KUALA LUMPUR: The loss-absorbing capacity of banks in the country remains strong, with excess capital buffers of RM131.9 billion as of January 2022, Bank Negara Malaysia (BNM) said today.
April 30, 2021
RBI Governor meets heads of small finance banks ANI | Updated: Apr 30, 2021 19:04 IST Mumbai (Maharashtra) [India], Apr 30 (ANI): Reserve Bank of India (RBI)Governor Shaktikanta Das on Friday held a virtual meeting with managing directors and CEOs of small finance banks to gauge potential stress on their balance sheets in the backdrop of rising Covid-19 cases and consequent localised lockdowns. He discussed the current economic situation, credit flows to di...
April 12, 2021
Remain watchful of evolving situation, push credit flows: RBI Guv to banks SECTIONS Share Synopsis RBI Governor Shaktikanta Das told bank chiefs Monday to ensure business continuity and credit flows to underpin the nascent economic recovery even as an alarming second wave of infections is raising afresh disruption risks in Asia’s third-biggest economy. Among other matters, progress in the implementation of COVID Resolution Framework, outlook on stresses assets and capital augmentation came u...
April 12, 2021
MUMBAI: RBI governor Shaktikanta Das on Monday asked banks to remain watchful of the evolving situation and emphasised the importance of credit flow to sustain the nascent economic recovery amid rising coronavirus cases. In his meeting with MD/CEOs of public sector banks and select private sector lenders, Das also highlighted the recent policy measures taken by RBI to further support the ongoing recovery while preserving financial stability, the central bank said in a statement. Das touched u...
April 21, 2010
Right decision based on law. i mean, their job is -- they did their job in that particular case and interpreted the law set forth in front of them. im going to ignore tanyas kind of berating of the process for a moment and do talk about the things that matter 209 american people. look, small business in this country is the engine that makes the economy go. wall street is what fuels that, so weve got to have a bill that frees up credit so small business people can get lines of credit and get mone...
April 2, 2010
Youre seeing the same pattern come up right now. you essentially had a whole bunch of financial institutions, investment banks like lehman brothers who were taking one dollar and they were able to leverage essentially bet that, use that dollar to make a $60 bet on subprime loans in housing and take huge risks that almost brought the entire system to heel. and all your friends and neighbors and communities are paying the price because nobody was minding the store and making sure that these banks ...