RBI chief Raghuram Rajan says need to tackle 'persistent' inflation
"We have been emphasising again and again, in order to break the back of inflation we have got to break this persistence. Once we do it we can be much more comfortable."
Bankers demand CRR cut or interest on it from RBI
In run-up to the first quarter monetary policy announcement by RBI on July 30, bankers toda...
Raghuram Rajan in 'Basel huddle' of central banks as Brexit roils markets
Rajan has been pitching for greater coordination among central bank...
Raghuram Rajan's exit: Blame it on the swadeshi squad
While the saffron suspicion was made public since the announcement that he would be RBI head in August 2013, his hawkish position on inflation was at the receiving end of criticism during Modi's election campaign.
RBI allows Hinduja Foundries to raise FII limit to 60%
The Reserve Bank has allowed Hinduja Foundries to raise its foreign investment limit up to 60 per cent of paid-up capital.
RBI Governor for corrective steps to prevent money laundering
Reserve Bank Governor D Subbarao today said some corrective steps will be taken to strengthen the banking system which according to him is "largely safe."
RBI Governor Raghuram Rajan gets threat by e-mail; police files case
Rajan received the mail from a gmail account, prompting authorities to step up his security. Cyber Cell of Mumbai Police today registered a case against unknown persons.
Disha Microfin to acquire Future Financial Services
The small banks are considered to play a key role in lending to small businesses and farmers, who generally find it difficult to have access to finance.
Government asks all state banks to invoke personal guarantees in cases of default
The ministry circular states that in the event of default in repayment by the borrower company, all the guarantors are liable to repay the guaranteed loan.
RBI to meet bankers on Wednesday on NPAs
Reserve Bank deputy governor K C Chakrabarty will be meeting top bankers on Wednesday to discuss the rising non-performing assets(NPAs) in the system.
West Bengal's savings scheme for poor gets RBI nod
Mamata Banerjee's plan to start a savings scheme with the aim of protecting the poor from losing their money has got the RBI nod.
EBRD chief Sir Suma Chakrabarti to meet FM Arun Jaitley, RBI governor Raghuram Rajan in India
Sir Suma Chakrabarti's visit centres around his address at Delhi Sustainable Development Summit on Feb 5-7, but will involve a broader agenda of engaging with Indian cos.
Catholic Syrian Bank seeks RBI nod for divesting further stake
Siam Vidhya Group, promoted by Bangkok-based Non-Resident Indians, had acquired 36.18 per cent equity shares of the city-based bank in 1994.
RBI, government should protect investors from illegal schemes: Subbarao
"It is the responsibility of the government and the regulators to protect people from such fraudulent schemes," said Subbarao.
Raghuram Rajan's appointment as RBI chief devoid of drama or tension
Quasi interviews ensued and days later, the finance minister picked Subbarao to succeed Reddy, a proposal Prime Minister Manmohan Singh too endorsed.
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