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Some asset reconstruction companies bypassing norms, lack transparency: RBI

Reserve Bank Deputy Governor Swaminathan J has expressed concern over the increasing regulatory violations and warned Asset Reconstruction Companies (ARCs).

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Adopt regulation plus approach; comply with regulation in letter and spirit: RBI DG to ARCs

Adopt regulation plus approach; comply with regulation in letter and spirit: RBI DG to ARCs
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Asset reconstruction companies arcsBank deputy governor swaminathanAsset reconstruction companiesSecurity receipts

Over-reliance on unsecured loans, capital market funding can be source of grief for NBFCs: RBI DG

Over-reliance on unsecured loans, capital market funding can be source of grief for NBFCs: RBI DG
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Bank deputy governor swaminathanReserve bank

RBI deputy governor calls for strengthening governance at UCBs

Deputy Governor Swaminathan J of the Reserve Bank emphasized the imperative to bolster governance and technological infrastructure in urban cooperative banks (UCBs) during discussions with south-based UCBs. He stressed on the crucial role UCBs play in advancing financial inclusion and stressed the necessity of proactive measures to ensure the resilience of the UCB sector.

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RBI asks banks to redouble recovery efforts

RBI asks banks to redouble recovery efforts
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M rajeshwar raoBank deputy governor swaminathanDeputy governorm rajeshwar rao