RBI to hold monetary policy strategy meeting tomorrow
The Reserve Bank will hold a meeting tomorrow to firm up the policy action against the backdrop of prevailing macro-economic conditions.
Yes Bank wins 'Bank of the Year' award in UK
India's fifth largest private sector bank Yes Bank has bagged the prestigious 'Bank of the Year'...
RBI Governor Raghuram Rajan appreciated AP government's programmes for farmers: Finance Minister
RBI Governor Raghuram Rajan has "appreciated...
Expressing faith in India's growth story, US firms commit investment after polls
Expressing faith in India's growth story, several US cos committed themselves to increasing investment after the ongoing elections in the country.
Bankers rule out slashing lending, deposit rates as RBI leaves policy rates unchanged
Bankers today ruled out lowering deposit and lending rates in the near future as RBI left all the key policy rates unchanged.
Standard Chartered Bank to set up subsidiary in India
Standard Chartered Bank will seek permission from the Reserve Bank of India next year to set up an Indian subsidary, which will come up two years later.
After State Bank of India, other banks follow rate cut bandwagon
Soon after the RBI policy announcement, FM Arun Jaitley had expressed hope that banks will transmit the benefit to borrowers.
RBI chief Subbarao to attend IMF conference next month
RBI Governor will share his perspective at an IMF conference that will discuss policy pursued by various governments in the aftermath of global financial crisis.
Nachiket Mor faces resistance as many fear COO tag would make him No. 2 in RBI
Mor once heir apparent to former ICICI Bank CEO, a man brimming with ideas faces resistance as many fear COO tag would make him No. 2 in RBI.
Sebi to discuss commodity market norms
The board would also discuss the organisational structure for regulating commodities trading and other functional details for this new arena.
RBI needs to stimulate growth while containing inflation: FM
Chidambaram today said Reserve Bank of India (RBI) must strike a balance between needs of pushing growth and controlling inflation.
Meet 10 startups that are attempting to unseat cash by making digital payments the king
While over a dozen startups are chasing the digital payments opportunity, mobile service providers too think there’s a massive market to be tapped.
RBI, bankers seek transparent systems for credit flow to MSMEs
To streamline flow of credit to small enterprises and ensure that rightful company gets the credit, bankers and RBI today discussed introducing a transparent system for MSME loan proposals.
Stagger new provisioning norm for recast loans: Bankers to RBI
Bankers today requested RBI to allow implementation of the additional 0.75% provisioning on restructured assets in a step-by-step manner.
Next government must respect Raghuram Rajan's appointment as RBI governor: P Chidambaram
Rajan has been widely credited with bringing stability to India's financial markets and bringing more credibility to central bank's attempts to fight inflation.
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