Vishwanath Nair
Livemint
Contact Vishwanath
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by Vishwanath:
One MPC member mulled a repo rate hike, say RBI’s monetary policy minutes
RBI executive director Michael Patra eventually decided to vote in favour of holding repo rate at 6.25% at the monetary policy committee’s 6 April meeting → Read More
New RBI rules on provisioning, bad loans seen taking a toll on banks
Credit Suisse report says PSU banks are likely to see a 5-15% and private banks 1-2% impact on quarterly results due to new RBI rules on bad loans and provisions → Read More
Yes Bank, IndusInd bad loan provisions rise on exposure to Jaiprakash Associates
Yes Bank and IndusInd Bank’s Q4 results showed surge in bad loans and provisions following RBI’s new asset quality rules and exposure to Jaiprakash Associates → Read More
Recovering Vijay Mallya loans a long way off for banks
For banks, Vijay Mallya’s arrest in London was only the first step towards recovering Rs9,000 crore in loan default by his grounded Kingfisher Airlines → Read More
Banks want RBI, finance ministry to tweak CDR norms
Banks want to return to corporate debt restructuring (CDR) to address bad loans problem after failure of RBI’s SDR, S4A norms → Read More
Fintech friction takes root in India’s banking landscape
As the government resolutely pushes digital payments in a bid to move India towards a less-cash economy, a look at why tension is brewing between fintech firms and large banks → Read More
A lot of new adopters of digital payments have returned to cash: NPCI official
As per Dilip Asbe of National Payments Corporation of India, new digital payment users went up to 100 million during demonetisation but only 25 million have stuck around → Read More
RBI to allow banks to substitute collateral under LAF window
RBI also said that it will continue using methods such as open market operations, cash management bills and treasury bills to drain excess liquidity from the system → Read More
RBI monetary policy: Five things to watch out for
RBI’s monetary policy will be a signal of the way the central bank views macroeconomic parameters and the pace at which it expects GDP growth to come back → Read More
Banks may cut funding to Rajasthan discoms missing UDAY targets
Rajasthan’s state-owned power discoms have not revised power tariffs as previously agreed, which can affect the bank funding they receive uder the UDAY scheme → Read More
RBI says caps on merchant discount rate to continue for low value transactions
The RBI said the MDR caps on small value transactions will continue till it comes out with final guidelines on the issue → Read More
Kotak Mahindra Bank to focus on building stressed asset business
Kotak Mahindra Bank MD Uday Kotak says the large opportunity in stressed asset space in Indian banking would prove to be a good business opportunity → Read More
Air India says SBI Capital’s plan may help it turn profitable 2 years ahead of schedule
Air India expects SBI Capital Markets’ revised plan will help cut debt by Rs15,000 crore and start returning profits by FY20 as against FY21 estimated earlier → Read More
Banks bat for relaxed RBI norms on bad loan resolution as deadline looms
Bankers are pushing RBI to allow them to change interest rates and repayment periods in bad loan resolution schemes such as SDR and S4A to implement them more effectively → Read More
Resolution of NPAs set for radical overhaul: FM Arun Jaitley
Finance minister Arun Jaitley says the government is working with RBI on a radical proposal to resolve the issue of bad loans in the Indian banking system → Read More
Two ARCs seek RBI nod for priority funding for cases under bankruptcy law
A priority funding structure could prove to be a boon for companies that are not able to close a bad loan sale due to pricing issues → Read More
RBI seeks to raise entry barriers, tighten controls for mobile wallets, gift cards
RBI’s draft norms mandate non-bank prepaid instrument issuers, such as mobile wallets, to have a minimum net worth of Rs25 crore, up from Rs1 crore now → Read More
Banks scrambling to get books in order as deadline for resolution of bad loans looms
Joint lender forum meetings have picked up steam ahead of RBI’s 31 March deadline even as bankers dither on taking a haircut to sell bad loans → Read More
Payments Council asks RBI to reconsider proposed caps on MDR
Presently the Reserve Bank of India (RBI) has capped merchant discount rate at 0.75% for transactions worth up to Rs2,000 → Read More
Why DHFL’s decision to sell its life insurance business is being criticised
DHFL’s decision to sell DHFL Pramerica Life Insurance to DHFL Investments is being criticised for its complex structure and for allegedly being against the interests of minority shareholders → Read More