-The Telegraph New Delhi: The Reserve Bank of India today told the Supreme Court that it was not in favour of publishing the list of loan defaulters who owed public sector Banks Rs 500 crore or more because such disclosure might involve the statutory, contractual and fiduciary rights of the defaulters. Senior advocate Jaideep Gupta, appearing for the Reserve Bank, argued that the grant of loans was covered by various statutes, including...

-The Hindu Business Line RBI Deputy Governor says such loans support economic activity, generate income & surplus Mumbai: Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor SS Mundra said lending to priority sector is good business for all the right and justifiable reasons. “The excessive lending to corporate sector was the outcome of what I call...

-The Telegraph Lucknow: Implementation of the crop loan waiver that Yogi Adityanath's government had announced on April 4 faces a fresh threat of delay, this time because of poor Internet connectivity in the border regions. Adityanath had on Friday asked district administrations to collect the loan data from the Banks and upload them on their websites by July 31 and then start handing out the waiver certificates. But hundreds of bank branches have...

-Livemint.com The draft National Policy for Women, 2017 approved by the group of ministers would ensure food, shelter, health and free education for women and children of poor families New Delhi: The draft National Policy for Women, 2017 approved by the group of ministers on Tuesday would ensure food, shelter, health and free education for women and children of poor families. “The nutritious and safe food through public distribution system (PDS) for households...

-The Hindu Business Line Remonetisation taking place at a good pace, RBI Governor tells House panel New Delhi: RBI Governor Urjit Patel told the Parliamentary Standing Committee on Finance that the non-availability of the currency verification processing system (CVPS) machines is one reason why the counting of demonetised notes is not yet done. Though he painted a rosy picture of the digitisation process in the country post-demonetisation before the panel, figures presented by...