SS Mundra

RBI says one-third of ATMS non-functional, warns of penal action

Reserve Bank deputy governor S S Mundra has raised concerns over one-third of ATMs being non-functional and warned the banks of penal action if the compliance levels are not met.

RBI says one-third of ATMS non-functional, warns of penal action

Why RBI thinks lending rates will come down quickly

RBI Governor Raghuram Rajan had said on Tuesday that the 0.25 per cent rate cut should be looked at in conjunction with the new loan pricing method that has already resulted in lending rates coming down by up to 0.50 per cent

Why RBI thinks lending rates will come down quickly

India Inc’s unsustainable debts a serious concern: S S Mundra

Some of the corporates have raised unsustainable amount of debt from various sources, including banks and overseas financial institutions, without showing any regard to domestic and global demand situation, RBI Deputy Governo

India Inc’s unsustainable debts a serious concern: S S Mundra

NPA creation not a sin; banks should do hand-holding: RBI deputy guv SS Mundra

Reserve Bank of India (RBI) deputy governor SS Mundra said that the creation of non-performing assets (NPAs) is not a sin, and when an account becomes non-performing, bankers and agencies concerned should do some hand-holding

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