Customer complaints rising fast, bankers lacking empathy: RBI DG Swaminathan JRBI Deputy Governor Swaminathan J criticized the banking sector's declining empathy, citing increased customer complaints and impersonal se...
There could be trade-off between innovation and regulation: RBI DG Rajeshwar RaoRajeshwar Rao also pointed out that regulators must focus on achieving a delicate equilibrium that addresses the critical concerns without ...
RBI unions withdraw mass casual leave planA team of RBI management held a series of meeting with union leaders over the past three working days to end the logjam.
Finance ministry receives 37 applications for RBI DG postApplications from managing director of various public sector banks, top official of private sector banks and some bureaucrats have been rec...
After Rs 12,600 crore bank fraud, should Reserve Bank stop policing the banks?Insurance cos are apprehensive of IRDA, market players have learnt to be wary of SEBI, but banks are simply not similarly scared of RBI.
Finance Ministry invites fresh applications for the post of RBI deputy governorThe appointment will be made for a period of three years and the person will be eligible for reappointment, it said.
Demonetisation does not curtail demand, only postpones it: Vishnu Mathur, SIAMOur feedback from the companies is that in the first week of demonetisation there was a significant fall in the footfalls in the showrooms,...
Finance ministry gets about 90 applications for RBI DG postShortlisting was required because some applications were from junior level and some mid-level bank officials, RBI sources said.
RBI to take into account all factors while deciding on rate: S S MundraRBI will take into account all aspects including 5-year low inflation rate while deciding on interest rate at the monetary policy review ne...
Finance ministry prefers amendment to RBI Act for appointing a COOChief operating officer appointment may go slow as finance ministry prefers formal proposal from Raghuram Rajan to any ad hoc arrangement
RBI board approves Raghuram Rajan's proposal for overhaul, Nachiket Mor may be COORBI board approved Rajan’s proposal for overhaul aimed at shaking up a system seen as staid and rigid, by shrinking organisational bloat.
Diplomatic banker SS Mundra has a will of steelSS Mundra is known among friends as the one who avoids any kind of confrontation, even over insignificant issues. He is called ‘Mr Quiet’.
Bankers who could be newsmakers in 2014State Bank of India, which got its first woman chief in Arundhati Bhattacharya, will get three new managing directors in 2014.
Bimal Jalan panel to screen bank applicants; new banking licences to be issued by January 2014 endThe central bank has received 26 applications from those seeking to set up new banks. “We will not stop with these licences.
- Re closes at 51.17 in worst 1-month show
Rupee posted its worst performance in a month, following heavy losses in domestic share market and dollar's gaining against other currencie...
- More bankers get interview call for RBI dy guv’s post
In an unexpected turn of events the government has sounded out three more bank chairmen - KC Chakrabarty, MV Nair and MD Mallya - for the p...
- Banks want to spread employee benefit provisions for five years
With revised accounting standard norms coming into force in just a month, banks are reluctant to make one-time provisions over fears of fal...