Rbi Action

In the last five years, the central bank imposed major restrictions on financial institutions such as Paytm Payments Bank, Bank of Baroda, Bajaj Finance, HDFC Bank, Mahindra & Mahindra Financial Services, SBM Bank (India), Mastercard Asia / Pacific Pte, and American Express Banking Corp. and Diners Club International, among others.

RBI should put depositor interests first at Lakshmi Vilas Bank

Regulator needs to restore depositor trust, introspect on overhaul of its supervision system

Moody's Analytics cuts India's 2012 growth forecast

Moody's Analytics cut India's growth forecast to 5.5 percent for this year, citing a lack of government or RBI action despite a broad-based slowdown, as well as a poor monsoon.

FY13 fisc at 4.9%, RBI must cut 50 bps: Morgan Stanley

Chetan Ahya of Morgan Stanley tells CNBC-TV18 that he expects the Budget to forecast expenditure growth at 7% in FY13. “Fiscal deficit for FY13 may come in at 4.9% and FY12 deficit will most likely be at 5.8-6%,” he says.