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RBI autonomy is sacred, shouldn't be compromised: Arvind Subramanian

Progress on the steps taken by Governor Shaktikanta Das' predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution, Subramanian said.......

Rajan slams govt inaction on high profile banking fraudsters

Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance. A list of high......

Rajan slams govt inaction on high profile banking fraudsters

Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance. A list of high......

What BJP MP Paresh Rawal's interest in bank NPAs reveals

Under the Narendra Modi-led National Democratic Alliance government, NPAs zoomed from Rs 309,399 crores as on March 31, 2015, to Rs 728,740 crores as on March 31, 2017, a sharp 135 per cent growth.......

PNB reports Rs 11,400 cr fraud involving jeweller Nirav Modi, suspends 10

While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank......
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