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PSBs seek easing of loan recast rules in first meet with new RBI Governor

The RBI has injected durable liquidity through open market operations of Rs 1.36 trillion in the current financial year
Finance

PSBs seek easing of loan recast rules in first meet with new RBI Governor

The RBI has injected durable liquidity through open market operations of Rs 1.36 trillion in the current financial year

YES Bank to submit list of CEO names to RBI after board meet on January 9

YES Bank said it had finalised its recommendation for the role of a non-executive part-time chairman in its meeting
Finance

YES Bank to submit list of CEO names to RBI after board meet on January 9

YES Bank said it had finalised its recommendation for the role of a non-executive part-time chairman in its meeting

Yes Bank says on track to find CEO within RBI deadline

Yes bank added it has finalised its recommendation for the role of a non-executive part-time chairman, which has been vacant since Ashok Chawla resigned in November
Finance

Yes Bank says on track to find CEO within RBI deadline

Yes bank added it has finalised its recommendation for the role of a non-executive part-time chairman, which has been vacant since Ashok Chawla resigned in November

Interpol issues Red Corner Notice against Mehul Choksi, says CBI

Choksi, who escaped in the first week of January this year after he and his companies cheated the bank of Rs 70 billion, has taken citizenship of Antigua
Finance

Interpol issues Red Corner Notice against Mehul Choksi, says CBI

Choksi, who escaped in the first week of January this year after he and his companies cheated the bank of Rs 70 billion, has taken citizenship of Antigua

Shaktikanta Das, RBI's new boss is quintessential bureaucrat's bureaucrat

A seasoned IAS officer who is close to the current government, will Das find an independent voice as the new central bank boss?
Finance

Shaktikanta Das, RBI's new boss is quintessential bureaucrat's bureaucrat

A seasoned IAS officer who is close to the current government, will Das find an independent voice as the new central bank boss?

Are India's world-class institutions being undermined by its own leaders?

Of all people, Modi should recognize that no election victory is worth giving up on India's best chance at becoming a world-beating economy
Finance

Are India's world-class institutions being undermined by its own leaders?

Of all people, Modi should recognize that no election victory is worth giving up on India's best chance at becoming a world-beating economy

No early exit for banks under PCA till FY20 despite fresh capital: Icra

Icra expects further capital infusion of Rs 135 billion in PCA banks during FY19 with capital infusion of Rs 119 billion till now
Finance

No early exit for banks under PCA till FY20 despite fresh capital: Icra

Icra expects further capital infusion of Rs 135 billion in PCA banks during FY19 with capital infusion of Rs 119 billion till now

Full statement: What RBI governor Shaktikanta Das said after taking charge

Das said he will preserve the «core values» of the central bank, but called for «frank discussions» with the government
Finance

Full statement: What RBI governor Shaktikanta Das said after taking charge

Das said he will preserve the «core values» of the central bank, but called for «frank discussions» with the government

RBI autonomy sacred, shouldn't be compromised: Arvind Subramanian

Progress on the steps taken by Governor Shaktikanta Das' predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution, Subramanian said
Finance

RBI autonomy sacred, shouldn't be compromised: Arvind Subramanian

Progress on the steps taken by Governor Shaktikanta Das' predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution, Subramanian said

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