News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
« Latest Circulars »
 RBI Announces Special Open Market Operations (OMO) Simultaneous Purchase and Sale of Government of India Securities
 RBI Automation of Income Recognition, Asset Classification and Provisioning processes in banks
 Resolution Framework for COVID 19 related Stress Financial Parameters
 It is Time for Banks to Look Deeply Within: Reorienting Banking Post-Covid (Keynote Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - Delivered at the Unlock BFSI 2.0 with Business Standard on Thursday, August 27, 2020)
 Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) Extension of time
 RBI Announces Special Open Market Operations (OMOs) of Simultaneous Purchase and Sale of Government of India Securities
 RBI Ad hoc/Short Review/Renewal of Credit Facilities
 New Definition of Micro, Small and Medium Enterprises clarifications
 Bonds in India drop as RBI minutes push out rate cut wagers
 Results of Underwriting Auctions Conducted on August 21, 2020
 Underwriting Auction for sale of Government Securities for ₹ 30,000 cr on August 21, 2020

RBI Governor meets MD & CEOs of Public Sector Banks
December, 12th 2019

The Governor, Reserve Bank of India held a meeting today with the MD & CEOs of major public sector banks. In his opening remarks, Governor noted that there has been some improvement in banking sector and the sector remains resilient even though current economic conditions may pose certain challenges. He urged the banks to proactively tackle the emerging challenges swiftly, particularly with regard to the stressed assets resolution in a co-ordinated manner.

During the meeting, the following issues were discussed:

  • Transmission of monetary policy rates;

  • Flow of credit to productive sectors including MSME sector and NBFCs;

  • Outlook on resolution of stressed assets, recovery from NPAs;

  • Progress with regard to deepening digital payments through focussed outreach activities planned by banks to make identified districts in each State/UT digitally enabled.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2019-2020/1409

Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting