Category Archives: Bad loans

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RBI Tightens Rules With New Bad-Loan-Resolution Framework

RBI Tightens Rules With New Bad-Loan-Resolution FrameworkReserve Bank of India (RBI) Governor Urjit Patel in Mumbai. Credit: Reuters/Shailesh Andrade Mumbai: The Reserve Bank of India (RBI) late on Monday tightened its rules around bank loan defaults, seeking to push more large loan defaulters toward bankruptcy courts and abolishing half a dozen existing loan-restructuring mechanisms, in… Read More »

At State Bank of India, Bad Loans and Poor Governance Point to a Big Fiasco

At State Bank of India, Bad Loans and Poor Governance Point to a Big FiascoSBI’s massive restructuring of standard loans are finally coming home to roost with a vengeance. SBI’s headquarters in Mumbai. Credit: Reuters On February 9, 2018, a sad day dawned in the history of Indian banking. The State Bank of India, the… Read More »