Shaktikanta Das

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PMC Bank depositor ends life, another dies of heart attack

A depositor of scam-hit Punjab and Maharashtra Bank Cooperative Bank allegedly committed suicide in Mumbai, while another died of a heart attack a few hours after taking part in a protest by bank......

Mamata says Govt silencing voices of dissent in Kashmir

West Bengal Chief Minister Mamata Banerjee on Wednesday charged the Centre with using 'brute force' to 'scuttle' the voices of dissent in the Kashmir Valley. She also hit out at the government for......

There's more to bank frauds than meets the eyes

A common feature in India is the lag between the occurrence of frauds and the time they are actually reported. Illustration: Uttam Ghosh/Rediff.com Are internal controls in banks so weak as to......

Economic recovery still not well entrenched: RBI Guv

Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual. RBI Governor Shaktikanta Das on Wednesday said economic recovery is still......

Sensex surges 258 points; Nifty reclaims 11,600

M&M was the top gainer in the Sensex pack, climbing over 4 per cent, followed by Bajaj Auto, Sun Pharma, HDFC Bank, Infosys, L&T and UltraTech Cement. On the other hand, IndusInd Bank, NTPC, SBI,......

MFIs' collections rebound in a big way, but delinquencies may surge

A vast majority of borrowers are in the essential services’ supply chain with tiny and micro businesses, and this has sprung back. Illustration: Dominic Xavier/Rediff.com Micro-finance......

GST compensation row: FM's 'act of God' can be a nightmare for RBI

The central bank is the money manager of the government, and not a guarantor of any debt. The Centre’s move to find an alternative arrangement for paying states their due on Goods and......

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Brookfield, SBI, HDFC teaming up for mega ARC

MUMBAI: Brookfield Group is set to re-enter the asset reconstruction space in India, joining hands with State Bank of India (SBI) and leading... ...

https://economictimes.indiatimes.com/markets/stocks/news/brookfield-sbi-and-hdfc-teaming-up-for-a-mega-arc-expected-to-invest-up-to-1-billion/articleshow/78267643.cms

There's more to bank frauds than meets the eyes

A common feature in India is the lag between the occurrence of frauds and the time they are actually reported. Illustration: Uttam... ...

http://www.rediff.com/money/report/theres-more-to-bank-frauds-than-meets-the-eyes/20200921.htm

RBI Didn't Ask Banks to Raise Capital to Brace for Possible Bad Debts, Says Anurag Thakur

RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital... ...

https://www.news18.com/news/india/rbi-didnt-ask-banks-to-raise-capital-to-brace-for-possible-bad-debts-says-anurag-thakur-2893431.html

RBI governor Shaktikanta Das

The government and the RBI have held that borrowers should not be compensated at the expense of depositors. Brokerage firm Macquarie has calculated... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/interest-of-bank-depositors-has-to-be-protected-das/articleshow/78157813.cms

Sensex surges 258 points; Nifty reclaims 11,600

M&M was the top gainer in the Sensex pack, climbing over 4 per cent, followed by Bajaj Auto, Sun Pharma, HDFC Bank, Infosys, L&T and UltraTech... ...

http://www.rediff.com/money/report/sensex-surges-258-points-nifty-reclaims-11600/20200916.htm

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Shaktikanta Das

News for Shaktikanta Das

PMC Bank depositor ends life, another dies of heart attack

Mamata says Govt silencing voices of dissent in Kashmir

There's more to bank frauds than meets the eyes

Economic recovery still not well entrenched: RBI Guv

Sensex surges 258 points; Nifty reclaims 11,600

MFIs' collections rebound in a big way, but delinquencies may surge

GST compensation row: FM's 'act of God' can be a nightmare for RBI

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