Feb 22, 2017 at 18:00 | Source: Moneycontrol.com
In some "tough love" shown to banks by the Reserve Bank of India on Tuesday, while bankers are yet to digest the suggestions, it could well be a turning point for the public sector banks.
Feb 22, 2017 at 15:46 | Source: Reuters
Banks in India have record stressed loans of USD 133 billion, or 12.34 percent of their total loans, as of last September, and economists say dealing with them has become imperative given the load is constraining lending and delaying much needed private investment.
Feb 22, 2017 at 10:49 | Source: Moneycontrol.com
In his maiden speech after becoming RBI Deputy Governor, Viral Acharya yesterday said banks might have to take larger hair cuts than what they ask for.
Feb 22, 2017 at 07:40 | Source: PTI
After an assessment of the money required for handling various stress scenarios in the banking system and the financial markets, the RBI transfers its surplus or the dividend, to the government. Once it transfers the money, it is for the government to use is the way it wants, the newly appointed joined deputy governor said.
Feb 17, 2017 at 20:26 | Source: Moneycontrol.com
In a rare interview and his first since he became RBI Governor, Patel on Friday opened up on the latest monetary policy decision and the factors that will curate the future interest rates.
Feb 17, 2017 at 16:02 | Source: Moneycontrol.com
RBI governor Urjit Patel, in an interview with Network 18 Group Editor-in-Chief Rahul Joshi, highlighted the strength of the Indian economy and the prospects of the country post demonetisation.
Feb 17, 2017 at 10:29 | Source: Moneycontrol.com
The new notes bear RBI governor Urjit Patel's signature but the process of printing began before he took office, according to a report in Hindustan Times.
Feb 17, 2017 at 09:48 | Source: Moneycontrol.com
Like his predecessor Raghuram Rajan, incumbent governor Urjit Patel has developed a knack for catching the market by surprise
Feb 17, 2017 at 08:45 | Source: Moneycontrol.com
As Deputy Governor of the Reserve Bank of India in 2014, Urjit Patel famously called the central bank an "owl".
Feb 17, 2017 at 08:31 | Source: Moneycontrol.com
in an interview to Rahul Joshi, Network 18 Group Editor-in-Chief, RBI Governor Urjit Patel reinforced the point on why it was important to look through the headline inflation number.