The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.
Maruti Suzuki is keen that the Gujrat government revises payment condition in the agreement it signed with the former for setting up a plant in Hansalpur.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
Though most foreign banks appear reluctant to establish a subsidiary here, Citi is the only bank that has so far communicated this to the regulator, in writing.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Telecom department says spectrum can't be used as collateral because it's government property
Development in state has benefitted community, they say.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
Maruti Suzuki signed a State Support Agreement with the Gujarat government in June 2012 for buying land and setting up a factory
A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
While tukkal salers claim that their business has doubled this season, kite makers and retailers say that business has been down by around 25 per cent.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
At least five state-run banks on central bank's radar for lax credit appraisal
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
Raghuram Rajan has appointed him as head of several committees soon after taking charge.
After the screening, the shortlisted candidates will be vetted by an external committee, to be headed by former RBI governor, Bimal Jalan.
Biksham Gujja contributed to major global initiatives such as the World Commission on Dams, World Water Commission and World Water Forum.