The RBI in November released a framework for large foreign banks with more than 20 branches to convert into wholly owned subsidiaries.
Experts interviewed CMDs of nine public sector banks on Friday and Kamath is believed to be in the reckoning
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KC Chakrabarty who was appointed as RBI deputy governor in 2009, is considered frank with his views.
Under the new model, the IT services firm will replace the current structure of its various strategic business units, service lines and geographies with four strategic market units and two global business lines.
Shiv Sena Member of Parliament Rajan Vichare is in the centre of a raging controversy after the representative from Maharashtra's Thane constituency was seen force-feeding a Muslim employee of the Indian Railway Catering and Tourism Corporation -- in-charge of handling catering at Maharashtra Sadan in New Delhi.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
The Reserve Bank on Wednesday said it plans to issue new bank licences around January, "consistent with the highest standards of transparency and diligence."
Dhoot stated that Value Industries has not withdrawn the application and has only sought clarifications from RBI on certain issues.
Tamil star Suriya's 7aum Arivu was about a virus from China sent to Chennai to wreak havoc while Kaappan was about a locust attack the hero prevents in time -- both films in a sense foresaw what was to come, observes N Sathiya Moorthy.
The government's foreign policy lacks coherence, clarity and consistency, they said.
Gopalakrishna's name was in the reckoning for Deputy Governor in place of Anand Sinha who retired in January.
RBI Governor Raghuram Rajan in his maiden policy review, however, eased liquidity though a reduction in the marginal standing facility rate, at which banks borrow from the central bank, by 0.75 per cent to 9.5 per cent.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
Barring Sri Lanka's Kumar Sangakkara, all players have declared their allegiances to IPL franchises over their respective countries' domestic sides ahead of the upcoming Champions League Twenty20.
To check rising current account deficit, the government has raised import duties and the Reserve Bank of India had imposed curbs on import of the yellow metal and also laid down various pre-conditions for inward shipments of the precious metal.
A group of high-powered individuals led by Anand Mahindra have come together to set up Krea university. The campus is expected to be ready by 2019 and the first batch of 100 to 125 students will commence classes in August next year.
The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.
Azad said electoral laws make it clear that the ruling party should have no advantage during elections and both the Opposition and the ruling side should be on an equal footing.
One is hopeful that if he becomes CM, Mr Thackeray will not be as trigger happy in calling for bans or encouraging outrage, says Uttaran Das Gupta.
It is the six per cent target RBI is more concerned about.
Though both the Dravidian majors are facing questions on family politics, the ruling party especially finds itself in the dock since its late leader J Jayalalithaa had often used it to target her party's archrival DMK.
The government on Thursday said it will respond on the issue of Shiv Sena MPs force-feeding a fasting Muslim after ascertaining full facts by Friday.
Raghuram Rajan has appointed him as head of several committees soon after taking charge.
The XUV300, Mahindra's second compact SUV, is so packed with segment-firsts that it is sure to send shockwaves among competitors.
How the XUV300's suspension, plastics and interiors hold out in Indian conditions after a couple of years will be the litmus test for its success in the long term, but for now, this SUV delivers, says Pavan Lall.
Financial services firm AnandRathi analysed the key points of the policy soon after it was announced.
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
India is on its way to become a mobile app-first market and e-tailers and start-ups have begun their race to capture the next set of users in India - those who access vernacular content.
Aseem Chhabra picks the finest Indian films in the 2010-2019 decade.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
He will be in Mumbai for a day to deliver a keynote address at Future Unleashed.
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
India's boxing ace, MC Mary Kom became the first Indian woman on Wednesday to win a gold medal at the Asian Games.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
Mundra fills the vacancy created by the retirement of KC Chakrabarty in April, two months before his five-year tenure was come to an end.
The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.
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