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INTER CONNECTEDNESS
A small entity like UCB too can be systemically important, says RBIRBI deputy governor Swaminathan J countered the notion that a small entity like an Urban cooperative Bank (UCB) is not systemically importa...- Tagore's globalismThe call at the WEF meeting to end fragmentation resonates with Gurudev Rabindranath Tagore's philosophy of internationalism, to stop fragm...
- LIC, GIC and New India are “too big to fail": IRDAIThose are state-backed entities including Life Insurance Corporation of India, General Insurance Corporation of India and New India Assuran...
- Harsh Vardhan addresses first meeting of WHO high level coalition on health, energyThe meeting was attended by several dignitaries and national heads, and representatives of various stakeholders like World Bank, UNDP, UNHR...
- NEP's approach is to realise new system aligned with 21st century education goals: K KasturiranganKasturirangan, who was the chairman of the committee tasked with drafting NEP, made the remarks at the eighth Convocation of Indian Institu...
- Bankruptcy board set to tackle group insolvencyBringing entities on the basis of inter-connectedness or common assets into the group resolution framework may face challenges and lead ban...
- RBI reorganises supervision & regulatory departmentsThe organisation rejig is expected to improve financial conglomerates' supervision.
- Growth a matter of highest priority for RBI at this juncture: Shaktikanta Das“The pursuit of financial stability has always been a policy priority in India."
- Headwinds to financial stability can come from markets, says RBI GuvThe current state of the global banking system also points to uncertainty, Das said.
- RBI sets up committee to strengthen CIC frameworkThe working group will examine regulatory framework, enhance onsite and offsite surveillance, suggest changes in registration criteria to s...
- 'Indian Universities should improve quality of teaching'Vice-Chancellor of University of Technology, Papua New Guinea, Dr Albert Schram suggested that Indian universities must improve the quality...
- RBI's IT subsidiary takes shape to tackle cyber threatIn its fourth bi-monthly monetary policy statement, RBI said cyber security has assumed critical importance across the globe.
- WEF 2015: Banks' asset quality to improve with economic growth - ICICI chief Chanda Kochhar"As the recovery in the growth of the Indian economy strengthens, it will start reflecting in banking asset quality with a lag," Kochhar to...
- Inter-connectedness in financial markets can liberate capital flow: Robert Johnson, INET"I think that local monopolies can intervene politically to inhibit competition and that is potentially harmful", Robert Johnson said.
- Grid safety tops Montek Singh Ahluwalia’s wish list for Jyotiraditya ScindiaPlan panel has urged Jyotiraditya Scindia, the minister of state for power, to take immediate steps to prevent grid failures.
- Inter-connectedness between banks, insurance & mutual fund needs an overhaul of regulationsThe interconnectedness between banks, insurance and the mutual fund industry has increased the risk of the Indian financial system.
- Collapse of euro will hit EU, global financial system: George SorosCertain inadequacies in designing the euro have led to the euro-zone crisis that looms large over world economies, said George Soros.
- MFIs to be allowed to raise fund through ECB: RBIThe Reserve Bank today said it will soon allow microfinance institutions to raise funds up to USD 10 million through external commercial bo...
- 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...
- Next decade will be decade of infrastructure: Kamal NathUnion Minister for Road Transport and Highways Kamal Nath on Monday said the next spurt in economic growth is going to come from the infras...
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