RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
With more favourable view on Indian economy and business environment under the Narendra Modi government, the risk premium for Indian papers began to climb down.
.jpg)
As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
The move to make the appointment process more robust comes after last month's arrest of S K Jain, chairman and managing director of Syndicate Bank last month, over graft charges.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
Global liquidity expected to continue amid ECB stimulus
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
Deepak Narang, executive director of United Bank of India, speaks on Vijay Mallya's 'wilful defaulter' status.
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Growth in India's gross domestic product for the June quarter of 2013-14, as well as for the entire 2014-15, was 4.7%.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
These schemes are expected to perform in the next 2-3 years.
Move comes after the country's monetary authority tightened credit norms
To neutralise this, RBI has been doing forward swaps
Letter to corporate affairs ministry cites slowing economy, capital challenges.
According to experts, due to reduction in withholding tax, FIIs' investment in corporate bonds will pick up.
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances