The rate cut did not come as a surprise: Usha Thorat, Former Deputy Governor, RBIIn an interview to ET Now, Usha Thorat, Former Deputy Governor, RBI, gives her views on RBI's 25 bps rate cut.
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.
New RBI norms to structurally strengthen NBFCs, say analystsRBI issued new guidelines based on two working group reports, namely the Usha Thorat committee of August 2011 and Nachiket Mor committee of...
- IIP numbers reflect global and domestic economic outlook:Usha Thorat
Industrial output numbers are reflective of the global and domestic economic outlook, Usha Thorat said here.
- RBI panel Usha Thorat Committee wants tighter rules for NBFCs
The Reserve Bank of India is on course to introduce new rules on provisioning, lending and capital for non-banking finance companies, or NB...
- NBFCs are not at par with banks in terms of risk to the system: Usha Thorat Committee
The Usha Thorat Committee has recommended far-reaching changes in the regulation of NBFC sector based on perception of increased risk.
- RBI's research wing plans to play growth catalyst to financial sector, policy makers
RBI plans to position the Centre for Advanced Financial Research and Learning as top-rung research institute to cater to policy makers and ...
- RBI to look into deregulation of interest rate on savings
The Reserve Bank said it will soon set up a working group to examine the possibility of deregulation of interest rates on savings account.
'Banking-correspondent is the only model to increase financial inclusion'RBI deputy governor Usha Thorat makes an emphatic case for the banking-correspondent model to increase financial inclusion, and says the on...
- RBI says Budget in line with fiscal consolidation
RBI said that the Budget 20010-11 presented by Pranab Mukherjee is in line with the path of fiscal consolidation and economic revival.
- Fresh regulatory framework soon for fin conglomerates
Reserve Bank of India will soon unveil new comprehensive regulatory and supervisory framework for financial conglomerates, RBI deputy gover...
- RBI says funding still an issue for small firms
Shortage of equity and long-term funds continue to halt the growth of small and medium enterprises in the country, Reserve Bank Deputy Gove...
- RBI to maintain ample liquidity: Thorat
The Reserve Bank of India (RBI) on Friday assured that it would maintain ample liquidity in the system.
- RBI wants banks to gear up against bad loans
Reserve Bank on Friday asked banks to guard against deteriorating credit quality due to global financial meltdown and its spill-over impact...
- 'India's growth rate would among the strongest'
India's economic growth would be one of the strongest in the world despite the the global meltdown, RBI Deputy Governor Usha Thorat said he...
- RRB recapitailisation requires Rs 1,800 cr: RBI
The Reserve Bank of India on Wednesday said about Rs 1,800 crore would be required to strengthen the balance sheet of Regional Rural Banks ...
- RBI Deputy Guv wants banks to include research in their work
The Indian banking system requires an urgent makeover that includes accent on research and analysis to keep pace with the competitive marke...