Gandhi was the executive director at the Reserve Bank of India before being promoted to deputy governor post.
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.
With an aim of maximising its electoral prospects, Trinamool Congress will be using the 'star power' of actor Mithun Chakraborty to add spark to its campaign for the upcoming Lok Sabha polls.
A quarter of managers to retire in 3 years; new private banks also seen as threat.
The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
Since taking over at RBI on September 4, Governor Raghuram Rajan has twice hiked the repo rate -- at which the central bank lends to banks -- to 7.75 per cent, seeking to tame inflation.
Whistle-blowing website Cobrapost.com on Saturday slammed the clean chit given by the Reserve Bank of India to the money-laundering practices exposed by it in ICICI Bank, HDFC Bank and Axis Bank. The website had revealed how the top private banks in India helped encouraged money laundering by helping traders convert black money to white.
>The BJP's star campaigner could not help even half the number of candidates for whom he campaigned in his aggressive 'Didi-o-Didi' style in Bengal
A special screening of Gurinder Chadha's new film Partition: 1947 was held in a theatre in Mumbai.
The Saradha Group had been raising deposits from the public with a promise to double the money invested within a short period.
The Financial Inclusion Advisory Committee under RBI Deputy Governor K C Chakrabarty is expected to suggest appropriate regulatory framework to ensure that financial inclusion and financial stability move in tandem, the RBI said in a statement.
Plannning Commission projects economy to grow up to 7.9% in 12th Plan against earlier estimate of 8%.
The disease, whose root cause is diabetes, can be detected as well as categorised by just scanning the retina and taking multiple frames of it, Chandan Chakrabarty of the Indian Institute of Technology Kharagpur said in Kolkata on Wednesday.
Sabyasachi Chakrabarty describes the latest Phalke Award winner an inspiration to many people in cinema.
'Oscar has been given to A R Rahman.' Ringa Ringa Ringa, Choli ki peeche kya hai -- What's the difference? Exactly the same. Also, Jai ho.' 'I did Ramba ho in 1985.' 'Rahman combined three of my songs and got Best Original Score.' 'The Ho came from me.' 'Bappi Lahiri brought the Ho to Bollywood.'
The pilot project would begin from South 24 Parganas district and be gradually extended to all other 18 districts of the state, Panchayat and Rural development minister Subrata Mukherjee said.
State Bank Chairman Pratip Chaudhuri's call last week for abolishing the mandatory cash reserve ratio had attracted a sharp reaction from RBI Deputy Governor K C Chakrabarty. CRR is the amount of deposits that banks park with the RBI as a prudential measure without earning interest on it.
Mumbai upped the ante and started creating a few chances after going behind.
Discounting the argument that gold is a hedge against inflation, the senior-most Deputy Governor wondered how a hedge instrument can offer as high as 37 per cent return year after year.
Deputy Governor K C Chakrabarty says monetary policy to ease once inflation comes down.
Now SLR has come down to 23 per cent, CRR is 4.5 per cent.
He also said that unless inflation comes down interest rate cannot be reduced.
In its quarterly monetary policy review, RBI had last month retained the CRR at 4.75 per cent and reduced the statutory liquidity ratio -- the amount of deposits banks park in government bonds -- by 1 per cent to 23 per cent, effective August 11.
In the first two quarters of 2012-13, banks referred a record number of 74 CDR cases, involving a total debt amount of Rs 40,000 crore.
The gross NPAs of some public sector banks had crossed 4 per cent of their total assets at the end of September.
On the last day of the competition, Yash Vardhan and Shreya Agrawal bagged three gold medals each.
These suggestions were made by Finance Minister Pranab Mukherjee in his address at a meeting with chief executives of the public sector banks, which among others, was also attended by RBI Deputy Governor K C Chakrabarty.
Ahead of the mid-quarter review of the monetary policy on September 17, senior-most Reserve Bank deputy governor Keshab Chandra Chakrabarty on said their top priority is to keep inflation under control.
Aviation companies, led by flamboyant Vijay Mallya-promoted Kingfisher Airlines, have been witnessing stress and it has also impacted their debt servicing, with some accounts turning non-performing assets.
Reserve Bank of India Governor D Subbarao surely knows how to crack a joke even on as mundane a topic as the cash reserve ratio (CRR).
The film is made in both Hindi and Tamil.
ICICI Bank Chairman K V Kamath on Thursday disagreed with the suggestion of SBI chief Pratip Chaudhuri that RBI should scrap CRR, saying it is part of the monetary policy and no issue can be made of it.
The Reserve Bank and the government has contingency plans to deal with the situation if Greece exits the Eurozone, RBI Deputy Governor K C Chakrabarty said on Friday.
"Absolutely not," RBI told reporters when asked to comment on reports suggesting that SBI has agreed to pump more money into the airline. RBI does not oppose "professional decision" of the bank.
Deepa Mehta offers a sneak peek of her new film.
Idea of 5.1 per cent fiscal deficit should not deprive credit needs of the society, said Chakrabarty.
The company said one of the projects will be finalised this financial year.
Instead of a puppy love story treatment, Laila Majnu could have been handled as a mature love story, feels Sneha Chakrabarti.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
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