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Financial institutions should be board-driven: RBI Dy Guv Jain"It is important to ensure that financial institutions are board-driven and do not end up being dominated by individuals. Experience has sh...- Economic data woes in India prompt call for independent verifierThe concerns about missing targets come on top of questions over the reliability of economic data from India.
- RBI has a memo that could permanently silence doubters of its NPA moveRBI's stern move a year ago had rattled India's high & mighty and irked many within the government.
- RBI governor Urjit Patel urges vigilance against inflationPatel also flagged the increasing risk for India because of financial globalisation. He pointed out that global external liabilities have g...
- Guess where half of India's funding came from in 2016? Not banksA study by the central bank-funded CAFRAL showed that ECBs were utilised heavily until 2012.
- Farm loan waiver may push inflation by 0.2 per cent: RBI paperLoan waivers could add to the fiscal burden over the medium term as they are essentially a transfer from taxpayers to borrowers, said Mint ...
- Will retire from Chairmanship of Sanofi India: Vijay MallyaVijay Mallya today announced he will retire as Chairman of Sanofi India and will not seek reelection as a director of the drug maker.
- RBI panel outlines steps to help PSU banks manage talent betterThere's a need to build robust inventory of human resources and outline career building plan for each individual who joins the bank.
- Make transfers at banks need based, says Reserve Bank of India panelThe report has recommended creating a position of Chief Learning Officer in banks for leadership development, knowledge dissemination and s...
- S S Mundra: Need to strengthen compliance among banksMundra is calling for a stricter adherence to rules and regulations among banks that he said would enhance confidence in the system.
- RBI transfers largest-ever surplus to governmentThe entire surplus of Rs 52,679 crore was transferred to the government even as the central bank’s gross income in the previous financial y...
- Reserve Bank of India's executive director G. Gopalakrishna takes VRS, joins as CAFRAL directorGopalakrishna took voluntarily retirement from the service with effect from April 20 to take over charge as director of CAFRAL on April 21,...
- RBI resolves differences with finance ministry on appointment of deputy governorG. Gopalakrishna, an executive director at the RBI who was superseded for deputy governor’s post, may be offered the job to head the Centre...
- RBI should not focus only on prices, say Bimal Jalan, YV Reddy“What is the purpose of inflation-targeting. Is it to say that the government is not responsible and the RBI is responsible,” Jalan said.
- No harm in deciding monetary policy in consultation with govtFormer Reserve Bank Governors do not seen any harm in central bank consulting the government before firming up monetary policy initiatives.
- Avoid sharp difference in rates on similar term deposits: RBI to banksRBI Deputy Governor asked banks to discourage moves to offer sharply different rates on deposits with very little differences in maturities.
- IIP numbers reflect global and domestic economic outlook:Usha ThoratIndustrial output numbers are reflective of the global and domestic economic outlook, Usha Thorat said here.
- Banks asked to adopt tech to grow, offer better serviceThe Centre for Advanced Financial Research and Learning today asked banks to use technology not only to scale up their operations but also ...
- RBI's research wing plans to play growth catalyst to financial sector, policy makersRBI plans to position the Centre for Advanced Financial Research and Learning as top-rung research institute to cater to policy makers and ...
- RBI sets up panel to examine regulation of NBFC sectorRBI today announced setting up of a working group to examine issues pertaining to regulation of the NBFC sector, including their governance...
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