RBI has already come out with a discussion paper on banking sector in India, on which the regulator has invited comments from stakeholders.
The Reserve Bank could consider setting up of a Fraud Registry on the lines of Credit Information Bureau to check criminal activities in the financial sector.
Head of state-run Indian Bank T M Bhasin had called for a CRR cut.
K C Chakrabarty, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules.
A large number of public sector bank employees, as a matter of routine, do not "take" promotions so that they are not transferred out of their hometowns. The eastern region is famous for this, but it is a common practice everywhere, says Shyamal Majumdar.
In spite of the high decibel financial inclusion drive being carried out for the past three years, a Crisil study has revealed stark disparities in the spread of banking services, saying the top six cities are home to an astonishing 11 per cent of bank branches.
Raghuram Rajan has appointed him as head of several committees soon after taking charge.
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
'In the coming months, expect more government action that will be packaged as an assault on black money,' warns A K Bhattacharya.
The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).
The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.
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