Mar 27, 2017 at 22:20 | Source: PTI
As the rupee touched a 17-month high against the US dollar, Deputy Governor S S Mundra today said the Reserve Bank does not target any range for the domestic currency and intervenes only to curb volatility.
Mar 23, 2017 at 22:00 | Source: CNBC-TV18
This is in line with the governments plan to quickly charter out a resolution mechanism to resolve and recover the mounting bad loans in the banking sector, especially public sector banks.
Mar 07, 2017 at 13:31 | Source: Moneycontrol.com
Cyber security has become a hot-button topic particularly after demonetisation gave a huge filip to digital payments. However, banks have still not put in adequate security measures to prevent cyber fraud.
Mar 06, 2017 at 22:08 | Source: PTI
Former Reserve Bank Deputy Governor Usha Thorat today said any consultation between the Government and RBI should not be construed as an infringement on the latter's autonomy.
Mar 06, 2017 at 19:39 | Source: Moneycontrol.com
Remonetisation is taking place at a very fast pace and currency situation will normalise in the next 2-3 months, RBI Deputy Governor Viral Acharya said on Monday.
Mar 01, 2017 at 20:00 | Source: PTI
Reserve Bank Deputy Governor RGandhi today raised concerns over virtual currencies such asBitcoin and said they pose potential financial, legal,customer protection and security-related risks.
Mar 01, 2017 at 19:13 | Source: Moneycontrol.com
SBI already has a Rs 200-crore fund to empower startups in this space. Last year, the public sector bank had also opened a startup branch, InCube, in Bengaluru.
Mar 01, 2017 at 15:18 | Source: Moneycontrol.com
Reserve Bank of India Deputy Governor R Gandhi said that banking services were no longer limited to banks and specialised financial technology startups were eating into the business of banks and growing exponentially.
Feb 27, 2017 at 16:09 | Source: Moneycontrol.com
Viral Acharya, the new deputy governor of the Reserve Bank of India (RBI) suggested last week that loans restructured by banks be rated by at least two rating agencies. The idea is certainly worth a try. (Actually any idea is worth trying if it can help resolve the threateningly large load of bad loans).
Feb 27, 2017 at 14:28 | Source: Firstpost.com
Total chunk of problematic loans in the Indian banking sector, at this stage, is around Rs 20 lakh crore, much higher than what is reported by banks and estimated by the central bank and government, said K C Chakrabarty, former deputy governor of the Reserve Bank of India (RBI).