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NACHIKET MOR COMMITTEE
Nachiket Mor’s 2nd tenure on RBI board cut shortMor had been re-nominated by the central government as a director of the RBI central board of directors in August 2017 for a second term.- Nachiket Madhusudan Mor nominated to central board of RBIThe Appointments Committee of the Cabinet has approved his re-appointment and nominated him to the central board of the RBI, according to a...
- Hope to announce at least one set of bank licences before August-end: RBI Governor Raghuram RajanThe RBI has received 72 applications for small finance banks, which will help meet credit and remittances needs of small businesses.
- First set of differential bank licences by month-end: Raghuram Rajan"I hope to announce at least one set of bank licences (either small finance or payments banks) before the end of this month,"Raghuram Rajan...
- RBI appoints NSE's Vice-Chairman Ravi Narain to small bank panelRBI had earlier announced a panel under Nachiket M Mor, Director of Central Board, for payments banks.
- RBI raises lending limit for MFIsThe borrowing limit, excluding educational or medical expenses, has been doubled to Rs 1 lakh from the existing Rs 50,000, RBI said.
- RBI to cut down "pre-emptions" to spur efficiency: Raghuram RajanRajan drew attention towards the Nachiket Mor committee on PSL and said that the RBI is trying to make the entire process more effective.
- RBI allows NBFCs to work as business correspondents for banks"It has been decided that banks will be permitted to engage non-deposit taking NBFCs (NBFCs-ND) as BCs," the RBI said.
- India not yet prepared for differentiated banks'model: ReportIt would be a bit early to introduce the differentiated banks' model in the domestic context, SBI's research unit has said in a statement.
- RBI ban on new NBFCs triggers licence tradingThe ban on new licences appears to be contrary to RBI’s agenda of more institutions for financial inclusions, but it wants to review the re...
- Mor committee suggestions need detailed discussions: Raghuram Rajan"These are interesting ideas, and we will explore them in greater detail," Rajan said, delivering the D R Gadgil Memorial Lecture.
- Postal banks globally effective as payment banks: Nachiket MorThe Finance Ministry is not very keen on letting India Post convert itself into a bank, citing practical difficulties, even though more tha...
- Nachiket Mor panel's idea impractical: ExpertsThe Committee on Comprehensive Financial Services for Small Business and Low Income Households headed Nachiket Mor has made sweeping recomm...
- Nachiket Mor committee suggestions credit positive for banks: Moody's"The recommendations in the report, if fully implemented, would be a significant credit positive overhaul of the Indian banking system."
- We have not recommended increase in PSL: RBI panel chief Nachiket MorThe head of an RBI panel on financial inclusion today clarified the committee has not recommended an increase in priority sector lending (P...
- Bank accounts for all adults by 2016 very much possible: Nachiket MorThe target of having a bank account for all adults in India by 2016 is not too ambitious and can be achieved with progress made in Aadhaar ...
- Comprehensive financial services to small businesses; a bold visionThe report seeks to leverage universal coverage of the unique identity project and ubiquitous broadband, expected to be available by this d...
- Nachiket Mor: The return of the prodigyNachiket Mor will wear the hat of a jury in two key panels constituted by Raghuram Rajan.
- 3-member panel headed by Bimal Jalan to scrutinise new bank licencesThe Reserve Bank today set up a three-member committee under former Governor Bimal Jalan to scrutinise applications for new bank licences.
- RBI committee invites suggestions on financial inclusionA Udgata, principal chief general manager, rural planning and credit department, RBI is the member secretary of the committee.
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