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Raghuram Rajan gears up for academic career in US

Former RBI Governor Raghuram Rajan is nowadays busy preparing himself  to give business lessons to students in America. Having resigned from one of the...

Dr Urjit R Patel will succeed Dr Raghuram Rajan as RBI...

Dr Urjit R Patel has been appointed as the new Governor of Reserve Bank of India (RBI) by the Government on Saturday. He will...

RBI’s ‘operation clean-up’ helps PSBs contain bad loans in Q1

The launch of “clean-up” operation by RBI Governor Raghuram Rajan has apparently started showing results, as some public sector banks (PSBs) have successfully arrested...

Raghuram Rajan says three-year term is short for RBI Governor

Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan has said that the central bank chief should have a tenure of four years. He said...

LIC Chairman resigns two years ahead of term

State-run Life Insurance Corporation of India (LIC) chairman S K Roy has reportedly tendered resignation two years before his term ends. Sources said, Roy...

Rajan to step down as RBI Governor in September

Putting an end to the suspense over whether or not he would continue as RBI Governor, Raghuram Rajan last week announced that he would...

Not upset over withdrawal of Payments Bank licences, says Rajan

Days after three entities decided to back out of the Payments Bank licencing, RBI Governor Raghuram Rajan on Tuesday said that he is not...

Banks shouldn’t have majority ownership in stressed asset funds: RBI

Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday said that banks should not have majority ownership in any stressed asset fund that...

NPCI unveils unified payment interface

With an aim to revolutionise mobile banking in the country, the National Payments Corporation of India-- an umbrella organisation for all retail payments system...

RBI slashes key rates, raises hopes of cheaper loans

Raising hopes that home and car loans could be cheaper sooner than expected, the Reserve Bank of India has cut key policy rates by...

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