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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: India banks

Posted inIndia, South Asia

Reserve Bank takes over scam-hit PMC bank

by KS Kumar November 8, 2019February 18, 2020

The Indian central bank governor said the situation at scam-hit Punjab & Maharashtra Cooperative Bank was being monitored after the problems there left nearly 1.6 million customers in the lurch. Reserve Bank of India Governor Shaktikanta Das said a forensic audit was underway and the bank had been placed under the central bank administrator for […]

The head office of State Bank of India in New Delhi. Photo: Reuters
Posted inIndia, South Asia

India’s capital infusion plan to favor stronger banks

by Asia Unhedged October 27, 2017February 18, 2020
The head office of State Bank of India in New Delhi. Photo: Reuters
Posted inIndia, South Asia

Indian banks face 45% surge in wilful defaults in a year

by Asia Unhedged September 18, 2017February 18, 2020
Reserve Bank of India Governor Urjit Patel. Photo: Reuters
Posted inIndia, Nepal, South Asia

Not finished counting banned notes yet: India’s central bank

by Asia Unhedged July 14, 2017February 18, 2020
Essar Group logo outside their headquarters in Mumbai. The company's steel unit has been listed as one of the top defaulters by the Reserve Bank of India _ Reuters
Posted inIndia, South Asia

Bad debts: Indian banks appoint insolvency professionals

by Asia Unhedged June 30, 2017February 18, 2020
The logo of the Securities and Exchange Board of India is seen on its head office in Mumbai. Photo: Reuters
Posted inIndia, South Asia

India’s SEBI may ease norms for takeover of ailing firms

by Asia Unhedged June 22, 2017February 18, 2020

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