Page 3 - Banking Crisis
With Sensex down over 3% since Sep 23, banking crisis may prevent bull run
That has erased almost half of the surge sparked by the Sept 20 announcement of a landmark corporate tax cut
 "With Sensex down over 3% since Sep 23, banking crisis may prevent bull run")
Investors struggle to cut losses as shadow banking crisis deepens
Trading in NBFC bonds slid to a five-month low of about Rs 75,520 in the secondary market in September, the lowest since April
 "Investors struggle to cut losses as shadow banking crisis deepens")
World's worst bad-loan mess set to worsen on India's cash crunch
The failure to slash stressed assets is undermining India's efforts to revive economic growth that has cooled to a six-year low
 "World's worst bad-loan mess set to worsen on India's cash crunch")
Why this may be time to thoroughly redesign Indian banking system
Lately, India's banking system has been beset by a bad debt crisis, which is crimping credit to productive sectors, dampening domestic investment and leading to subdued employment and GDP growth
 "Why this may be time to thoroughly redesign Indian banking system")
India's widening debt market cracks threaten to swallow realty tycoons
The weak performance of property businesses and an acute liquidity crunch were cited as key reasons for rating downgrades
 "India's widening debt market cracks threaten to swallow realty tycoons")
Undeveloped bond market contributes to India's banking crisis, says CAG
The gross NPAs in the Indian banking system have accumulated to a staggering Rs 10 trillion
 "Undeveloped bond market contributes to India's banking crisis, says CAG")
FM Arun Jaitley hits out at Rajan for MSME banking crisis statement
Rajan in a note to a parliamentary committee had warned against ambitious credit targets and loan waivers
 "FM Arun Jaitley hits out at Rajan for MSME banking crisis statement")
Growing out of this banking crisis is harder
Banks are no longer able to benefit from the combination of high inflation and low interest rates in the way they did earlier
 "Growing out of this banking crisis is harder")
Why proposal for bad banks to take over toxic assets may be dead on arrival
Most supporters point to the success of the Troubled Asset Relief Program (TARP) in the United States in the aftermath of the Lehman Brothers crash in 2008
 "Why proposal for bad banks to take over toxic assets may be dead on arrival")
PNB scam and banking crisis: NPAs soared, profits plunged for banks
The gross NPA ratio of the industry was at 10.32% (Rs 8.86 trillion) by the end of December 2017 quarter
 "PNB scam and banking crisis: NPAs soared, profits plunged for banks")
World view of India is more positive than Indians': RBL Bank CEO
Vishwavir Ahuja, MD & CEO of RBL Bank, says the problem of non-performing assets (NPAs) in public banks is so huge that the insolvency process alone will not work.
 "World view of India is more positive than Indians': RBL Bank CEO")
Should we recapitalise the banks?
Our priority should be to address the policy failures that gave our banking crisis
 "Should we recapitalise the banks?")
Letters: Functioning of ARCs
More than regulation, it is essential that an ecosystem is developed
Ajay Shah: Worst-case scenario for the banking crisis
A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan
