State-owned banks have amassed bad loans faster than private sector lenders.
RBI moves to restrict bank exposure to corporate loans.
India builds up record FX after Fed hints rate hike in future.
Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.
The SBI auction will be the biggest nationwide online sale.
MUDRA bank will help microfinancing firms to lend more.
They need to have 15 years of mainstream banking experience
India is Asia's third-best performing equity market.
Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks
Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.
Infrastructure bonds were launched by the RBI last year in a bid to help the government fulfill its plan to provide affordable housing to all by 2022
In cutting interest rates and giving a boost to the government's efforts to revive growth, RBI governor Raghuram Rajan displayed the pragmatism and flexibility familiar to those who work with him.
India's bond markets have rallied since last year on expectations the Reserve Bank of India will start cutting interest rates as early as February due to sharply easing inflation.
Dealers also expect RBI to try to prevent excessive strength in the rupee in a bid to help exporters remain competitive
Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital
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The central bank will come out with two measures on restructuring to tackle financial stress, Rajan said.
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Large state-run entities and business houses will not be allowed to set up small finance banks, which will have to comply with statutory reserve requirements.
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Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
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