Raghuram Rajan's credentials outstanding, should remain RBI chief: P Chidambaram, FM
Rajan, a career economist, was appointed for a term of three years by the UPA government and assumed charge at the RBI on September 4.
Timothy Geithner, Ben Bernanke discuss global economy with RBI, India Inc
US Treasury Secretary Timothy Geithner and Fed Reserve Chairman Ben...
FM P Chidambaram meets RBI, Sebi officials to revive the economy
FM today held a meeting with RBI officials as part of a series of engagements planned for the day with the central bank, market regular Sebi.
Low credit deposit ratio of nationalized banks in Northeast India now on KMSS radar
Krishak Mukti Sangram Samiti (KMSS) has launched tirade against the nationalised banks for low credit deposit ratio in Northeast India.
Former RBI governor YV Reddy rules out stagflation for now
Dismissing fears of stagflation, Former Reserve Bank governor Y V Reddy today said India is still one of the fastest growing large economies."
SKS Microfinance soars on hopes RBI will ease bad loan norms
SKS Microfinance has soared over 37% in the last three trading sessions after RBI governor Duvvuri Subbarao hinted at liberal treatment of bad loans.
India to clock 7.5% growth in 2015-16, overtake China: IMF
While India's growth rate is expected to improve from 7.2% in last fiscal to 7.5% this year and next fiscal, China will witness a deceleration with growth rate.
RBI steps short-term measures; India needs more investment: SBI
Terming the RBI steps to arrest the rupee's slide as short-term measures, SBI Chairman has said there is need to enhance equity and foreign investment for the country's long term growth.
Teaser loans: SBI for talking it out with RBI
Pratip Chaudhuri today said the bank will "engage" with RBI to lower the higher-than-comfortable provisioning requirement.
EMs like India must prepare for US rate hike: IMF's Christine Lagarde
India, Lagarde said, is pursuing reforms that are "timely, but will also need to be pursued with the utmost speed".
Shareholders nod sought for demerging IDFC's finance business into bank
IDFC has sought shareholders' approval for demerging its financial undertaking into a new entity to be named 'IDFC Bank'.
RBI approves Brickwork Ratings as eligible Credit Rating Agency for bank loans
The Reserve Bank has approved Brickwork Ratings as an eligible Credit Rating Agency (CRA) for bank loans/facilities.
SKS Microfinance wants to set up small bank; Q3 net doubles
The net interest income was at Rs 96 crore during the quarter under discussion, up from Rs 68 crore in Q3 FY14.
RBI union leaders call nationwide strike to oppose inflation successful
The cheque clearance system of the RBI was severely hit but customers could transfer money electronically and operate ATMs in most cities.
Raghuram Rajan hails govt announcement on functional freedom for banks
Rajan hailed the government direction to state-run banks to act without fear or favour and ignore extraneous considerations in their commercial operations.
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