Arundhati Bhattacharya, chairman of country's largest lender State Bank of India said demonetisation of high value notes won't be a problem as the bank has done it before.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
The Niti Aayog is preparing 15-year vision document that will replace the Five-Year Plan from the next financial year
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
Going by the real effective exchange rate, the rupee is overvalued
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
The customer will be liable in a limited manner if the negligence is on the part of the customer, such as where she has shared payment credentials
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Banking as we know it will stand on its head in the next 10 years.
The increase was led almost entirely by foreign currency assets
Price rise in services sector after the goods and services tax (GST) gets implemented and the pay hike of central government employees will make inflation control a tough job for the central bank
RBI is expected to discuss about the impact of GST in its monetary policy.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
For the government to meet its GST roll-out deadline of April 1, 2017, the states will have to ratify the Bill before Parliament's winter session, starting November.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
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