G Padmanabhan

Last year in the Global Fintech Fest, there was an investment of around $2 billion, Padmanabhan said. This year, he added that the investment is expected to cross last year’s figure.

Bank of India keen to collaborate with payments banks

"As far as my bank is concerned, we are looking at the opportunity to collaborate with payments and move forward," Padmanabhan, a former RBI executive director, said at a Payment Council of India event.

Why BoI's Padmanabhan is not optimistic of stressed assets

G Padmanabhan, Non-Executive Chairman of Bank of India said banks will be able to pass on the rate cuts given the mark-to-market gains we are sitting on, and the success seen in cleaning up a reasonable amount of bad assets.

BoI says no talks on merging with any other lenders

State-run Bank of India denied reports of it getting merged with any of its stronger peers and said it has not received any suggestion from any quarter in this regard

India needs to open up capital account further: ED of RBI

Padmanabhan, who is set to retire from the central bank this month, added India could not afford to remain isolated from global financial systems with existing caps on capital account transactions.

RBI fires warning shots on companies' lack of FX hedging

The RBI's warnings signal its concern that unhedged firms could be a vulnerable link should global markets buckle. The central bank has worked hard to build up its defences after India last year weathered its worst rupee crisis in two decades.

RBI On Call & Put Options

The RBI has prescribed a new pricing regime applicable to foreign investor exits using Call & Put options. And while it‘s not our case that equity should get assured returns, a dual pricing regime is confusing and in some cases unfair.

RBI clarifies on FDI exits using call & put options

Earlier this month, an RBI circular linked such exits in unlisted shares to return on equity. Today in an exclusive interview to CNBC-TV18, RBI executive director G Padmanabhan clarified that the return on equity can be calculated on an annualised basis.

RBI not to include export credit in priority sector list

The central bank has communicated its views to the commerce ministry, saying that if export credit is included in the priority sector list, then it could crowd out loans under this window to sectors like agriculture and medium small micro enterprises (MSMEs).

RBI plans to ease hedging norms for exporters, importers

The Reserve Bank of India plans to allow exporters and importers to rebook and cancel up to 50 percent of their total hedged exposure from the present cap of 25 percent, Executive Director G Padmanabhan said a in speech in Singapore on Friday.