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'Banks wrote off Rs 1 trillion over last 13 years'

Reserve Bank deputy governor KC Chakrabarty has said banks have written off a whopping Rs 1 trillion in the past 13 years and criticised the lenders because as much as 95 per cent of these......

Will there be a pre-policy rate hike?

Reserve Bank deputy governor KC Chakrabarty on Monday said the chances of interest rate hikes by the central bank is always there as policy measures depend on the changing economic scenario. "The......

RBI signals rate hike to tackle inflation

The Reserve Bank of Indiaon Thursday signalled a rate hike to calm rising inflation. RBI deputy governor KC Chakrabarty said the central bank was exploring all options to tackle inflation,......

SS Mundra assumes office as RBI Deputy Governor

Commercial banker Subhash Sheoratan Mundra has assumed office as the fourth deputy governor of the Reserve Bank on Thursday for a three-year term. Mundra, who led the country's second largest......

RBI yet to hear from Election Commission on bank licences

Amid reports in a section of media that the Election Commission may put a spanner on the Reserve Bank of India plan to issue the first few new bank licences by the month-end, senior-most deputy......
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How corrupt banking system creates mountain of bad loans

In the morning of May 19, 2014, three days after the Lok Sabha poll results were announced, and with a government not quite in place, chaos reigned... ...
Meet the five bankers who could make or break nation's hope

Prime Minister Narendra Modi's government says banking reforms, christened 'Indradhanush', are the most important move since bank nationalisation... ...

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