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…
21 SEP 2016
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RBI Deputy Governor downplays money deposit issue
Terming the issue of banks depositing money to reduce the number of accounts with zero balances as a non criminal…
20 SEP 2016
Bank deposits growth rate surged to its maximum in more than a decade
Flow from the 7th Pay Commission payments and doubled credit to deposit ratio, causes bank deposits growth rate to be…
20 SEP 2016
For first time in last 6 years, 9% growth in bank financed projects
Capital expenditure financed by banks and Financial Institutions (FIs) has gone up in current financial year for the first time…
20 SEP 2016
Indian forex reserves rise to $367 bn
The country’s foreign exchange reserves crossed $367.16 billion mark as on August 19, the Reserve Bank of India has revealed.…
30 AUG 2016
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…
16 AUG 2016
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…
01 JUL 2016
UCO Bank hopes to return to profitability by next fiscal
Kolkata-based UCO Bank is pinning its hope on the next financial year to return to profitability as the lender posted…
30 JUN 2016
N S Vishwanathan appointed as RBI deputy governor
Union Government’s appointments committee has appointed N S Vishwanathan as a deputy governor of the Reserve Bank of India (RBI)…
29 JUN 2016
Bank consolidation in India may pose risks: Moody’s
Rating agency Moody’s Investors Service on Tuesday said that Indian Government’s plans of consolidating state run banks could pose risks…
28 JUN 2016
