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.
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.
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.
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.
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.
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.
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.
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.
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.
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.