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What are AT1 bonds? How do AT1 bonds work

AT1 bonds and how do they work? AT1 Bonds Additional Tier 1 bonds or Contingent Convertible bonds are tradable securities issued by banks with a regular coupon payment. This bond...
Equity Right, Yes Bank

RBI supersedes Yes Bank board, caps withdrawals

RBI supersedes Yes Bank board, caps withdrawals On March 5th, The Reserve Bank of India (RBI) replaced the Yes Bank Board and imposed suspension for 1 month. RBI expects to...
Equity Right Jet Airways

NCLT allows more time for grounded Jet Airways

NCLT allows more time for grounded Jet Airways  The Mumbai bench of the National Company Law Tribunal (NCLT) has advised lenders of Jet Airways to take their decision on granting...
RBI gives stimulus to economy. Cuts rate by 25bps.

RBI gives stimulus to economy. Cuts rate by 25 bps.

RBI has taken a strong initiative to hike the economy by slashing prime lending rate by 25bps. It is distinctly evident that the country’s pace in economic activities has declined...
Equity Right Ola Financial Services

SFPL gives up NBFC dreams. Renounces the licence

Mr Dilip Shanghvi's investment company Shanghvi Finance Pvt Ltd (SFPL) has surrendered their NBFC license. The investment company is a unit of Dilip Shanghvi Group. The group is also responsible...
RBI releases draft norms on Liquidity Risk Management for NBFCs and Core Investment Companies.

RBI releases draft norms on Liquidity Risk Management for NBFCs and Core Investment Companies

On 24th May 2019, the Reserve Bank of India (RBI) suggested changes in the Asset Liability Management (ALM) framework for Non-Banking Financial Companies (NBFCs) and Core Investment Companies (CICs) in...
RBI cuts Repo rate by 25 BPS to 6 percent

RBI cuts Repo rate by 25 BPS to 6 percent

The First Bi-Monthly policy held on April 4, 2019, by the Monetary Policy Committee (MPC) of the Reserve Bank of India cut the repo rate under the Liquidity Adjustment Facility...
RBI inflicts banks to cut interest rates.

RBI to force banks to cut interest rates

The Central Bank stated that they will soon get banks to cut the interest rates, the lending rates to the borrower. The reason for this action was blamed on the...
Three more Banks out of RBI's PCA framework

Three more Banks out of RBI's PCA framework

On 26th February 2019, board for Financial Supervision (BFS) held a meeting to analyze the performance of Allahabad Bank, Dhanalaxmi Bank, and Corporation Bank. The BFS observed that Government of...
UCO bank to gain by US sanctions

UCO bank to gain by US sanctions

UCO Bank is set to benefit from the sanctions imposed on Iran’s oil exports by the US Government. The bank could benefit from the extra cash that would be generated...