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PSBs should look at alternatives beyond government infusion: RBI

PSBs should look at alternatives beyond government infusion: RBI

03 Mar 2015

Mumbai: Welcoming the government's move to selectively allocate capital to lenders, Reserve Bank deputy governor R Gandhi on Tuesday said PSBs will have to look at alternatives beyond the Centre's support for raising money going forward.

PSBs,  Reserve Bank of India,   allocate capital to lenders,   Indian government,   RBI deputy governor,   R Gandhi,   Financial Year ,  
RBI looking into improving quality of education loans: Rajan

RBI looking into improving quality of education loans: Rajan

28 Feb 2015

Bengaluru: Reserve Bank Governor Raghuram Rajan said the central bank was looking into improving the quality of education loans despite high levels of defaults.

Reserve Bank,   RBI Governor,   Raghuram Rajan,   Education loans,  
RBI <strong>Governor</strong> disapproves inheritance tax idea

RBI Governor disapproves inheritance tax idea

22 Feb 2015

Mumbai: Strongly disapproving the idea of inheritance tax, Reserve Bank Governor Raghuram Rajan has advocated a "cultural change" which pulls the rich towards philanthropy or giving back to the society.

Inheritance tax,   Reserve Bank,   RBI Governor,   Raghuram Rajan,  
PSBs' Basel-III needs to overshoot Rs 2.4 trillion estimate: S S Mundra

PSBs' Basel-III needs to overshoot Rs 2.4 trillion estimate: S S Mundra

26 Feb 2015

Mumbai: Reserve Bank Deputy Governor S S Mundra on Thursday said that state-run banks' capital needs to comply with Basel-III regulations may overshoot the earlier estimate of Rs 2.4 trillion, and also expressed reservations about the move to infuse funds in banks selectively.

Reserve Bank of India,   Deputy Governor S S Mundra,   Basel III regulations,   Basel III framework,  
 Well-off should leave reservation facility for needy: RBI <strong>governor</strong>

Well-off should leave reservation facility for needy: RBI governor

21 Feb 2015

Panaji: Communities which become successful over time through reservations should, in turn, leave the bracket of reservation for those who are truly needy, Reserve Bank of India (RBI) Governor Raghuram Rajan said.

Raghuram Rajan,   RBI governor,   RBI,   Reserve Bank of India,   ,  
India lacks specialists who can prepare budget: RBI <strong>governor</strong>

India lacks specialists who can prepare budget: RBI governor

20 Feb 2015

Panaji: There are far too few people in the government who can even prepare a Budget, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Friday adding that well-trained economists were at a premium throughout the government sector.

RBI Governor,   Raghuram Rajan,   Economists,   Budget specialists,  
RBI deputy <strong>governor</strong> asks banks to brace for high attrition levels

RBI deputy governor asks banks to brace for high attrition levels

20 Feb 2015

Mumbai: With the banking sector being thrown open to niche as well as more private players, RBI deputy governor R Gandhi on Friday warned the industry to brace for higher attrition, being already faced by highly unionized public sector lenders.

RBI,   Reserve Bank of India,   RBI deputy governor,   R Gandhi,   high attrition levels,  
 B S Ispat wins mine in <strong>Maharashtra</strong>

B S Ispat wins mine in Maharashtra

16 Feb 2015

New Delhi: On the third day of the coal auction on Monday, B S Ispat won a mine in Maharashtra. "B S Ispat gets Marki Mangli 3 at (Rs) 918 (per tonne)," Coal Secretary Anil Swarup tweeted.

B S Ispat,   Maharashtra,   coal auction,   Marki Mangli,   Anil Swarup,   Coal Secretary ,  
Raghuram Rajan cautions 'large rich countries' against turning their back on globalisation

Raghuram Rajan cautions 'large rich countries' against turning their back on globalisation

19 Feb 2015

Mumbai: Reserve Bank of India (RBI) Governor Raghuram Rajan cautioned 'large rich countries' against turning their back on globalisation, while saying he was keen for India to start 'setting the agenda' in policy debates with other countries.

Raghuram Rajan,   RBI Governor,   Reserve Bank of India,   Globalisation India,   globalisation in rich countries,  
No risk of crisis due to bad loans: RBI <strong>Governor</strong>

No risk of crisis due to bad loans: RBI Governor

04 Feb 2015

Mumbai: Reserve Bank Governor Raghuram Rajan on Wednesday said Indian banking system does not face any risk of a crisis due to bad loans as NPAs are primarily in public sector banks and they are supported by the government.

RBI,   RBI Governor,   Raghuram Rajan,   Indian Banking System,   Non Performing Assets,   NPAs,  

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