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Tuesday, Feb 25, 2020
Beena Parmar

Beena Parmar

About

Beena Parmar has been is a banking and finance journalist for over 6 years. She loves to read about politics, society

articles by Beena Parmar (179 results)
Oct 18, 2016 20:51
The State Bank of India, the country’s largest bank, and its subsidiary banks blocked about 6.25 lakh debit cards of their customers after “suspicious” transactions spiked at third-party ATM machines. read more
Oct 18, 2016 06:22
The recent flurry among corporate houses to sell off assets to reduce their debt has given banks, which are reeling under a huge pile of bad loans, reason to smile. read more
Oct 17, 2016 05:57
The Essar Group will use the proceeds of the Essar Oil stake sale to halve its overall debt to about \u20B944,000 crore, bringing relief to its leading creditors SBI and ICICI Bank. read more
Oct 16, 2016 19:45
The Essar Group will use the proceeds of the $12.9-billion (Rs 86,400 crore) sale of Essar Oil to halve its overall debt to about Rs 42,000 crore, bringing relief to leading bankers SBI and ICICI which have lent heavily in the past read more
Oct 13, 2016 06:52
Facing stiff competition from banks, leading non-banking finance companies (NBFCs) are disregarding risk mitigation practices while lending money. This has led to a rise in bad loans against property (LAP). read more
Oct 08, 2016 07:03
Banks struggling under a mountain of loans gone bad, could soon get a breather as RBI is looking at a proposal to classify a part of the sticky debt as standard loan rather than as non-performing asset. read more
Oct 05, 2016 15:47
Your loan EMIs may see a slow or no reduction as banks struggle with high deposit costs and bad loans. read more
Oct 04, 2016 23:39
Predecessor Raghuram Rajan had stuck to the morning schedule, but Patel has brought it in line with global norms, and kept the interaction with media short and to the point read more
Oct 03, 2016 07:17
The upcoming monetary policy review on Tuesday has two firsts. It will be Urjit Patel’s first as governor of the Reserve Bank of India. It will also be the first interest rate review by the recently constituted monetary policy committee (MPC), which... read more
Sep 28, 2016 14:09
The Reserve Bank of India is of the opinion that heads of public sector banks (PSBs) should have a minimum term of five years, as such time would be needed to build strong leadership in the sector which is currently grappling with bad loans and has to... read more
Sep 27, 2016 07:56
Former Reserve Bank of India governor Raghuram Rajan was widely perceived to be a “hawk” when it came to monetary policy matters. His successor Urjit Patel, however, does not want to inherit the tag. read more
Sep 21, 2016 11:09
The rupee is set to remain volatile for a few months, primarily due to external factors such as the monetary policy reviews by the US and Japan. But the currency will be spared sharp falls and is likely to trade in the 67-68 per dollar range. read more