If RCom's debt turns into NPA, it will add to the already massive burden on the banking system, which is grappling with stressed loans of more than Rs 12 lakh cr.
The central bank will also come down hard of banks which charge exorbitant fees to customers, RBI deputy governor SS Mundra announced.
The government gives up to a Rs 40,000 subsidy for MSMEs as a once-in-a-lifetime incentive to get themselves rated.
Softening crude prices, likelihood of good rains and vanishing anxieties over GST may push RBI to soften stance on interest rates.
The sharp rise in Kochhar’s allowance and perquisites was because she chose to transfer the superannuation benefits and take it as a taxable allowance this year.
The NPA normalisation will continue to play out on capital costs for the next three years.
India, not China, now the top draw.
RBI will hold meetings with stakeholders, including PE firms and ARCs. It also said it would expand the scope of cases to be referred to oversight committee.
The shares were sold to a diverse range of domestic and foreign investors.
Mid and small-sized state-owned banks still in the woods, weighed down by sticky loans.
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