News for 'Board of Governors'

Expert group on new bank licences to hold 1st meeting on Nov 1

Expert group on new bank licences to hold 1st meeting on Nov 1

Rediff.com29 Oct 2013

Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.

Thaw in ties? Kejriwal meets Jung, discusses better coordination

Thaw in ties? Kejriwal meets Jung, discusses better coordination

Rediff.com10 Jun 2015

Issues like the need to have better coordination between the Lt Governor and the AAP government figured in the meeting.

2 Indian Americans likely to be in Biden admin's cabinet

2 Indian Americans likely to be in Biden admin's cabinet

Rediff.com18 Nov 2020

Murthy, who currently is the top Indian-American advisor to President-elect Joe Biden on COVID-19, is a potential pick for the post of Secretary of Health and Human Services and Stanford University Professor Arun Majumdar for the post of Secretary of Energy, The Washington Post and Politico said in their reports on Tuesday that mentions a list of potential picks for various Cabinet-level positions in the Biden administration.

Fadnavis escapes unhurt after his chopper crash-lands in Latur

Fadnavis escapes unhurt after his chopper crash-lands in Latur

Rediff.com25 May 2017

Fadnavis had gone to Latur in Marathwada region when the mishap occurred.

Over 41 lakh from 15-18 yrs age group get Covid vaccine on 1st day

Over 41 lakh from 15-18 yrs age group get Covid vaccine on 1st day

Rediff.com4 Jan 2022

Modi said India has taken an important step forward in protecting its youth population against the disease.

What govt can do with Rs 176,000 cr transfer from RBI

What govt can do with Rs 176,000 cr transfer from RBI

Rediff.com27 Aug 2019

The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.

Why Urjit Patel met PM Modi

Why Urjit Patel met PM Modi

Rediff.com12 Nov 2018

The meeting came amid a face-off between the central bank and the finance ministry over issues ranging from appropriate size of reserves that RBI must maintain to ease of lending norms to step up growth in an election year.

Over 12,000 pilgrims begin Amarnath Yatra amid tight security

Over 12,000 pilgrims begin Amarnath Yatra amid tight security

Rediff.com2 Jul 2015

The first batch of over 12,000 yatris (pilgrims) left for the cave shrine located at 14,500 feet above the sea level from the two base camps.

Ops in Kashmir very people friendly: Army chief

Ops in Kashmir very people friendly: Army chief

Rediff.com29 Jun 2018

"The message we want these children to go back with, is that if terrorist activities and stone-pelting stops in Kashmir, it too can prosper like Delhi or other big cities, and perhaps even better," Gen Rawat said.

Highlights: Andhra Pradesh Reorganisation Bill

Highlights: Andhra Pradesh Reorganisation Bill

Rediff.com13 Feb 2014

Rediff.com highlights the provisions of the controversial Andhra Pradesh Reorganisation Bill, which was introduced by Home Minister Sushilkumar Shinde in Lok Sabha on Thursday amidst pandemonium.

Finance ministry rules out COO appointment in RBI

Finance ministry rules out COO appointment in RBI

Rediff.com14 Aug 2014

The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.

Tokyo Olympics chief met official who now has coronavirus

Tokyo Olympics chief met official who now has coronavirus

Rediff.com19 Mar 2020

Tokyo 2020 Olympics chief Yoshiro Mori attended a meeting on March 10 that included the deputy head of the Japanese Olympic Committee (JOC) who tested positive for the new coronavirus this week, officials said. Mori, 82, has not been tested because he has no symptoms of the virus and does not meet testing requirements, an official from Mori's office said. Chief Cabinet Secretary Yoshihide Suga told reporters Prime Minister Shinzo Abe met Mori on March 16, without providing details.

How must govt use RBI's Rs 1.76 lakh crore

How must govt use RBI's Rs 1.76 lakh crore

Rediff.com30 Aug 2019

'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'

SBI to pick up 49% stake in Yes Bank

SBI to pick up 49% stake in Yes Bank

Rediff.com6 Mar 2020

From the appointed date, the authorised capital of the private sector bank would stand altered to Rs 5,000 crore and the number of equity shares at 2,400 crore having face value of Rs 2 each.

Chidambaram, Pranab put pressure over interest rates: Subbarao

Chidambaram, Pranab put pressure over interest rates: Subbarao

Rediff.com15 Jul 2016

In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.

Banks and ARCs: Time to break the cosy relationship

Banks and ARCs: Time to break the cosy relationship

Rediff.com31 May 2021

Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.

'Independence came early because of the Naval Mutiny'

'Independence came early because of the Naval Mutiny'

Rediff.com8 Apr 2022

'These naval sailors should have been given due respect as freedom fighters.' 'February 18, 1946 should be as important as January 26 because that date changed everything.'

Jim Corbett Still Lives Here

Jim Corbett Still Lives Here

Rediff.com14 Oct 2021

With his name or without, Jim Corbett continues to live on in his home in Uttarakahand's Kaladunghi and in the jungles he loved.

Two cheers for the Budget!

Two cheers for the Budget!

Rediff.com10 Feb 2021

While a DFI will help banks derisk their loan portfolios, creation of a bad bank will clean up their balance sheets.

RBI to discuss issuance of sovereign bonds with govt: Das

RBI to discuss issuance of sovereign bonds with govt: Das

Rediff.com8 Jul 2019

Expressing his satisfaction over the government's move to slash fiscal deficit target, Das said it will help improve investment by the private sector as crowding out impact will be less.

Why is RBI copying US Fed?

Why is RBI copying US Fed?

Rediff.com14 Oct 2020

'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.

RBI chief's appointment: No clarity yet on selection panel's role

RBI chief's appointment: No clarity yet on selection panel's role

Rediff.com13 Jun 2016

This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.

Oscars Academy votes out Weinstein for 'sexually predatory behaviour'

Oscars Academy votes out Weinstein for 'sexually predatory behaviour'

Rediff.com15 Oct 2017

In its 90-year history, the Academy has expelled only one other member, and only because 83-year-old Carmine Caridi, an actor, violated specific written rules about sharing screener copies of films in 2004.

RBI staff go on mass leave today

RBI staff go on mass leave today

Rediff.com19 Nov 2015

RBI wants periodic revision of the pensions for its retired employees.

Indian Oil shows the door to UPA-appointed officials

Indian Oil shows the door to UPA-appointed officials

Rediff.com28 Aug 2014

The NDA government is seeking removal of all political appointments.

Ashoka University chancellor says founders never interfered

Ashoka University chancellor says founders never interfered

Rediff.com21 Mar 2021

In a strong counter to the narrative building around reasons for the exit of Professor Pratap Bhanu Mehta, Ashoka University Chancellor Rudrangshu Mukherjee has said the institution remains committed to academic freedom and intellectual independence while its Board of Trustee Chairman Ashish Dhawan promised an open line of communication.

22 names recommended for ED posts at banks

22 names recommended for ED posts at banks

Rediff.com18 Jun 2018

These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19

Swamy is at it once again! This time the target is economic affairs secretary

Swamy is at it once again! This time the target is economic affairs secretary

Rediff.com23 Jun 2016

Jaitley calls it unfair and false attack on a disciplined civil servant

Saryu Roy claims closeness with Nitish cost him ticket

Saryu Roy claims closeness with Nitish cost him ticket

Rediff.com18 Nov 2019

At least three members of the BJP Parliamentary Board, that approved candidates list, told me that release of my book by Nitish Kumar in 2017 was strongly resented and probably this cost me the party nomination, Roy said.

YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana Kapoor

YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana Kapoor

Rediff.com17 May 2019

YES Bank said that it has not paid any bonus to Kapoor for FY17 and FY18. He drew a salary of Rs 6.48 crore for the ten months he served as MD & CEO, before his tenure ended in January.

'Expansionary monetary policy helped curb recession'

'Expansionary monetary policy helped curb recession'

Rediff.com3 May 2013

Takao replaced Haruhiko Kuroda, who had, in March, quit ADB to take charge as Japan's central bank governor.

There was enough time to put together plan for Yes Bank, says Rajan

There was enough time to put together plan for Yes Bank, says Rajan

Rediff.com11 Mar 2020

To a question related to RBI's policy rate, Rajan said no amount of interest rate cut is going to help if credit growth is weak.

Combative Smriti Irani is!

Combative Smriti Irani is!

Rediff.com29 Jul 2021

The combativeness reflects her insistence not to meekly acquiesce to what has been going on in Raisina Hill for years or decades, observes Kartikeya Tanna.

Cockpit voice recorder of crashed AN-32 found

Cockpit voice recorder of crashed AN-32 found

Rediff.com14 Jun 2019

The Indian Air Force had on Thursday said all 13 people on board the aircraft have died.

'It would be a mistake to allow private sector corporate groups to own banks'

'It would be a mistake to allow private sector corporate groups to own banks'

Rediff.com18 Feb 2021

'We still need a certain number of large public sector banks for financial inclusion and stability purposes.'

Where have all the women bankers gone?

Where have all the women bankers gone?

Rediff.com7 Jan 2020

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

Russian federation chief resigns amid new doping row

Russian federation chief resigns amid new doping row

Rediff.com13 Jul 2020

The federation's troubles have piled up in recent months, with some of its officials and senior coaches having found themselves embroiled in doping scandals.

1st set of differential bank licences by month-end: Rajan

1st set of differential bank licences by month-end: Rajan

Rediff.com4 Aug 2015

RBI had received 72 applications for small finance bank licences.

Days after Delhi CS assault, Kejriwal's advisor resigns

Days after Delhi CS assault, Kejriwal's advisor resigns

Rediff.com13 Mar 2018

Prakash was allegedly assaulted by Aam Aadmi Party MLAs during a meeting at the chief minister's residence in the evening of February 19.