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Lapses in banking system: Govt seeks RBI's views

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator The Union government has......

Rajan sticks to his guns on cleaning up banks books

With fears of the clean-up process resulting in an erosion of bank profits, RBI Governor Raghuram Rajan stressed on the benefits over a medium-term. With lenders staring at huge loan losses on a......

Savers in dark over Sahara's latest shadow banking schemes

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering In 2004, Khitish Kumar Pandey took Rs 10,000 ($150) out......

As Rajan tightens screws, banks can still disguise bad debts

A tool provided by the Reserve Bank of India (RBI) to help lenders tackle bad debts is instead helping to camouflage the scale of the problem, evidence of how the country's banks will struggle to......

Reserve Bank hires outside talent to boost market nous

The new hire, Gangadhar Darbha, joined as a consultant The Reserve Bank of India (RBI) has hired a former Nomura algorithmic trader, officials said, taking a rare step to recruit externally as it......

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Ss Mundra

News for Ss Mundra

Lapses in banking system: Govt seeks RBI's views

Rajan sticks to his guns on cleaning up banks books

Savers in dark over Sahara's latest shadow banking schemes

As Rajan tightens screws, banks can still disguise bad debts

Reserve Bank hires outside talent to boost market nous

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