News for 'Central Banker'

RBI to monitor trades by companies in debt markets

RBI to monitor trades by companies in debt markets

Rediff.com8 Oct 2014

Companies are legally allowed to invest in markets in India, but the practice has seldom stirred central bank concern until recently, when they have become much more active players.

After trimming rates, banks wary of more radical cuts

After trimming rates, banks wary of more radical cuts

Rediff.com8 Apr 2015

Lenders fret over stubbornly weak credit growth and still high funding costs.

Firming food prices may prompt RBI to maintain status quo

Firming food prices may prompt RBI to maintain status quo

Rediff.com5 Apr 2015

The Reserve Bank is unlikely to lower the interest rates.

7 things SBI's Arundhati Bhattacharya will be remembered for

7 things SBI's Arundhati Bhattacharya will be remembered for

Rediff.com18 Sep 2017

Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.

RBI to banks: Don't go too fast on Jan Dhan scheme

RBI to banks: Don't go too fast on Jan Dhan scheme

Rediff.com15 Sep 2014

Led by the country's largest lender State Bank of India, banks have opened over 3 crore basic accounts within a fortnight of the launch of the scheme on August 28.

Can the new RBI governor be a dove?

Can the new RBI governor be a dove?

Rediff.com29 Jul 2016

To cut interest rates, the central bank head has to open up a debate on inflation target revision.

7th Pay Panel arrears: For some, festive season has already begun

7th Pay Panel arrears: For some, festive season has already begun

Rediff.com3 Aug 2016

Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.

'I don't believe India is that fragile'

'I don't believe India is that fragile'

Rediff.com30 Jan 2017

'I have very little faith in economists who tell me that demonetisation will reduce growth.' 'The greater effect of demonetisation is if it creates changes in the financial services system and gets people to shift from cash.' 'The economy is not a trained monkey that will jump around if you lower rates.'

What the Budget has for banks and regulators

What the Budget has for banks and regulators

Rediff.com3 Mar 2015

The proposed IFC disrupts existing regulatory structures.

'Personality politics died with Amma'

'Personality politics died with Amma'

Rediff.com8 Dec 2016

'I don't think after Amma, the cult of personality will endure.' 'I think there will be a shift back to the politics of ideology and principles rather than a cult of personality.'

Get ready to face high attrition: RBI Dy Governor to banks

Get ready to face high attrition: RBI Dy Governor to banks

Rediff.com21 Feb 2015

Dy Governor notes it's an era of job changes for better.

Banks should have acted earlier to stop Mallya: Jaitley

Banks should have acted earlier to stop Mallya: Jaitley

Rediff.com10 Mar 2016

'Let the bankers take all steps to recover their money.'

Policy for strategic sale in place; PSUs to sell idle assets

Policy for strategic sale in place; PSUs to sell idle assets

Rediff.com29 Feb 2016

For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.

'India and China are likely to grow at over 5%'

'India and China are likely to grow at over 5%'

Rediff.com17 Nov 2017

Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.

Cash Crisis: Aaj ki Taaza Khabar

Cash Crisis: Aaj ki Taaza Khabar

Rediff.com18 Nov 2016

At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.

Housing for poor finally taking off

Housing for poor finally taking off

Rediff.com29 May 2017

For those in the EWS and LIG category who wish to take a loan up to Rs 600,000, there is an interest subsidy of 6.5 per cent for a tenure of 15 years.

India's BIGGEST financial crisis and how it can be resolved

India's BIGGEST financial crisis and how it can be resolved

Rediff.com5 Apr 2017

The indebtedness of Indian companies has had an adverse impact on the economy's investment climate apart from weakening their performance and seriously impairing the financial health of the banking sector. Unless both the problems are resolved, there is little chance of reviving investment and boosting growth on a sustainable basis, says A K Bhattacharya.

Two years on, RBI ignores SC order to disclose defaulters list

Two years on, RBI ignores SC order to disclose defaulters list

Rediff.com23 May 2017

On December 16, 2015, the apex court ordered disclosure of the defaulters' list, and upheld a Central Information Commission order to this effect.

Meet the Brazilian guest on Republic Day

Meet the Brazilian guest on Republic Day

Rediff.com24 Jan 2020

As someone with nostalgia for the good cheer and friendly feelings of Brazilian people, former Ambassador to Brazil B S Prakash can only hope that when they see on their TV screens their President being feted on Rajpath, they will sense India's goodwill for Brazil.

USL sells Whyte & Mackay for Rs 4,345 cr

USL sells Whyte & Mackay for Rs 4,345 cr

Rediff.com10 May 2014

In a filing to the Bombay Stock Exchange (BSE), USL said it had made a recommendation to the board of subsidiary United Spirits to consider the sale of the entire share capital of Whyte & Mackay.

PNB fraud: CBI questions Allahabad Bank CEO

PNB fraud: CBI questions Allahabad Bank CEO

Rediff.com27 Feb 2018

She was the managing director and the CEO of PNB since August 14, 2015 before being appointed in Allahabad Bank on May 6, 2017.

Why RBI's monetary policy has failed

Why RBI's monetary policy has failed

Rediff.com26 Aug 2016

Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.

All about the Indian financial code 2.0

All about the Indian financial code 2.0

Rediff.com18 Aug 2015

The finance ministry has put out a revised draft in public domain.

The heroes who are saving India's schools

The heroes who are saving India's schools

Rediff.com17 Sep 2018

They are trying to better the country's education system.

Just who is Nirav Modi?

Just who is Nirav Modi?

Rediff.com16 Feb 2018

No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.

Why splitting banks' CMD post is a half-baked move

Why splitting banks' CMD post is a half-baked move

Rediff.com2 Jan 2015

Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.

'Inflation? Stop wasting vegetables to beat it'

'Inflation? Stop wasting vegetables to beat it'

Rediff.com19 Sep 2014

According to a study by Central Institute of Post Harvest Engineering and Technology, Punjab, every year, 18 per cent of fruits and vegetables worth Rs 44,000 crore (Rs 440 billion) are wasted.

How the Nirav Modi show manages to go on

How the Nirav Modi show manages to go on

Rediff.com15 Feb 2018

Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.

Cash reserve ratio: A few important points to ponder

Cash reserve ratio: A few important points to ponder

Rediff.com21 Apr 2016

The RBI's reluctance to cut rates should be seen as a case of inability in the face of inflation.

Swamy raises red flag against GST body

Swamy raises red flag against GST body

Rediff.com11 Aug 2016

He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance

RBI's mantra: Save now to spend later

RBI's mantra: Save now to spend later

Rediff.com6 Aug 2014

Borrowers who were hoping for lower interest rates on their home or car loans might be in for some disappointment.

RBI is 80! Milestones of an illustrious journey

RBI is 80! Milestones of an illustrious journey

Rediff.com2 Apr 2015

With a sole mandate of inflation targeting, RBI wears many hats.

Mallya says in forced exile, no plans to return to India

Mallya says in forced exile, no plans to return to India

Rediff.com29 Apr 2016

"By taking my passport or arresting me, they are not getting any money," Vijay Mallya said.

After Lehman Brothers and StanChart, it's DMK time!

After Lehman Brothers and StanChart, it's DMK time!

Rediff.com14 May 2016

Why is an NRI banker with an MBA from MIT canvassing votes in Madurai?

How 'forex specialist' Shetty retired as deputy manager at PNB

How 'forex specialist' Shetty retired as deputy manager at PNB

Rediff.com6 Mar 2018

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.

Inflation priority makes RBI prepare to mop up liquidity

Inflation priority makes RBI prepare to mop up liquidity

Rediff.com7 Jul 2015

The RBI has targeted 6 per cent inflation by January and 4 per cent by March 2018.

9 things to look for in the New Year

9 things to look for in the New Year

Rediff.com31 Dec 2014

2014 made a lot of promises; can the new year deliver?

In a year, bank fraud doubles

In a year, bank fraud doubles

Rediff.com18 Nov 2015

Maharashtra and West Bengal lead the way in bank fraud.

The A to Z of 2020

The A to Z of 2020

Rediff.com31 Dec 2020

We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.

RBI working overtime to meet Rajan's licence deadline

RBI working overtime to meet Rajan's licence deadline

Rediff.com30 Sep 2013

After the screening, the shortlisted candidates will be vetted by an external committee, to be headed by former RBI governor, Bimal Jalan.