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About 21 results for "ashvin parekh"

Banks step up forensic audit of borrowers

Banks step up forensic audit of borrowers

Accounting firms see a surge in requests to probe companies delaying repayments or suspected of fraud Mumbai: Top accounting firms have seen a surge in requests by banks to conduct forensic audits on borrowing companies that are suspected to be ..., 2 days ago
Economic Times

NIIF may help PSU banks cut NPAs

MUMBAI: State-run banks could be in for some good news, the government's infrastructure fund, which will take shape soon, will allow the banks to sell some of their stressed assets to the fund, which is expected to have some sovereign wealth funds as ...
 Economic Times5 days ago
India Infoline

Capital adequacy norms laid out by Basel III & RBI are maintained: Jayant Sinha

The government will stand by the banks and ensure it all times that they will maintain capital adequacy norms as laid out by Basel III and the Reserve Bank of India (RBI), union minister of state for finance, Mr Jayant Sinha said at an ASSOCHAM ...
 India Infoline1 week ago

Barclays to shut cash equities unit in India

The move is in line with the UK-based bank's strategy to cut 1,000 jobs worldwide and exit several Asian countries Mumbai: Barclays Plc will shut its cash equities division in India, in line with a decision to exit this business across the Asian ...
 Livemint.com2 weeks ago

Profits of 8 PSBs at risk from higher provisioning

Lenders face litmus test on profitability as they provide for bad loans ahead of RBI deadline to clean up their books Mumbai: Eight public sector banks (PSBs) that account for 34% of the banking system's bad loans will face a litmus test on ...
 Livemint.com3 weeks ago

NBFCs seek SDR provisions to tackle infra sector stressed assets

Request put across at a closed-door meeting between Raghuram Rajan, select bankers, representatives of NBFCs and ARCs Mumbai: Non-banking financial companies (NBFCs) have asked the Reserve Bank of India (RBI) to consider extending provisions of the ...
 Livemint.com3 weeks ago

Why it may be time for Indian banks to take a hair cut to shelve bad loans

Bad loan reduction has been the dominant topic in the Indian banking industry for more than two years, but hardly anything has happened. In fact, it could only worsen as the RBI tightens the screws on recognition of more assets as bad. The ...
 Economic Times4 weeks ago
DNA India

Niche players, liquidity crunch set to test banks' mettle

Banks which are grappling mounting bad loans face several challenges this year. With the Reserve Bank of India (RBI) asking for additional provisions for weak standard accounts, fund availability, or liquidity, will be a big issue this year.
 DNA India1 month ago

Despite Stalled Reforms, India Is an Oasis of Opportunity in 2016

The Make in India lion has not yet begun to roar. Unveiled by Prime Minister Narendra Modi in September 2014 , all the initiative has attracted so far are foreign direct investment (FDI) promises. Modi has been globetrotting; his end of December ...
 Wharton1 month ago

Small savings need clear incentives

The past three decades have shown a good spread of income at various levels, and concentration of wealth seems to be gradually penetrating downward The Indian economy is now recognized as one of the fastest growing economies in the world. The past ...
 Livemint.com1 month ago
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