Growth a national objective: Shaktikanta Das
Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.
A year in the RBI hotseat: Shaktikanta Das and the art of negotiation
When he succeed Urjit Patel as RBI Governor on Dec 11, critics said he ...
Forensic audit on PMC scam expected by month-end: Shaktikanta Das
"There is a forensic audit underway. We will get the report by the end of t...
India's growth might have reached a trough: Goldman Sachs
“We expect that the slowdown episode that began in January 2018, to end soon, in response to better global growth, easier domestic financial conditions, positive fiscal impulse, some uplift in sentiment, and an easing of supply bottlenecks” said Prachi Mishra, India economist for Goldman Sachs.
PMC Bank depositors protest outside RBI headquarters
A police personnel says around 100 depositors, including women, raised placards and chanted slogans against PMC Bank and the RBI today during a protest outside the Reserve Bank headquarters in Mumbai demanding the return of their funds.
RBI fast-tracks DHFL resolution, appoints advisory panel
IDFC First Bank's Non-Executive Chairman Rajiv Lall, ICICI Prudential Life Insurance's Managing Director and Chief Executive N S Kannan, and mutual funds' association AMFI's Chief Executive N S Venkatesh would be part of the three-member panel which will advise the administrator of DHFL, an official statement said.
Shaktikanta Das faces an increasingly tough balancing act
Das has worked tirelessly to restore relations with govt after a bitter public spat that led Urjit Patel to quit.
Bandhan Bank hikes foreign investment limit to 49%
The bank last week faced a Rs 1 crore fine from the RBI for not complying with shareholding norms under the licensing rules.
RBI does away with single-use plastic products
In the Independence Day speech, Prime Minister Narendra Modi had called for an end to single-use plastic to protect the environment.
Searches resume at J&K Bank corporate headquarters
J&K bank is the only private sector bank designated as the Reserve Bank of India's agency for banking business.
Mock security drill at RBI headquarters in Mumbai sends onlookers in a tizzy
Onlookers said choppers were hovering around the area for some time before one of them landed on top of the building.
RBI’s new group exposure norms hit global banks
Under the new rule, the quantum of exposure a bank can have on another bank is linked to its capital.
PMC's HDIL loan at Rs 6,500 crore, or 73 percent of total loan book: Ex-MD Thomas in letter to RBI
The admission came in after a board member leaked the actual balance sheet details to the Reserve Bank, a source in know of the details said.
How a single account pulled down 35-year-old PMC bank
RBI yesterday put a slew of restrictions on PMC Bank for six months citing several regulatory lapses.
Jana Small Finance Bank receives Scheduled Bank status from RBI
The Bengaluru-headquartered bank, established as a financial services company in 2009, said it presently operates 260 branches.
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