Rajan said it is hard to offer an objective self-assessment but the RBI should probably have raised more flags about the quality of lending in the early days of banking exuberance.
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
Former Test umpire and Hampshire cricketer John Holder is among those who have called for an independent inquiry into the dearth of non-white match officials in English cricket.
Just months before the deadly gas leak in Bhopal killed 15,000 people, journalist Rajkumar Keswani -- who passed into the ages on Friday, May 21, 2021 -- had warned that the 'city stood on the edge of a volcano'.
Russian long jumper Darya Klishina has been cleared to compete internationally as a neutral athlete after a successful appeal against a blanket ban on her country's track and field athletes for systematic doping.
Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.
Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.
The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.
However, students unable to appear in final-year exams in September will get another chance and universities will conduct special exams 'as and when feasible', according to a revised guidelines issued by the University Grants Commission (UGC).
The travel ban is the third version of a contentious policy that Trump first sought to implement a week after taking office in January.
'Rolling out the vaccine is not a major challenge in India.'
Willem II Tilburg midfielder Anouar Kali became the first player in the Netherlands to get his marching orders from the 'video assistant referee' (VAR) after his yellow card in a Dutch Cup tie against Ajax Amsterdam was turned into a red on Wednesday.
United States Attorney General Jeff Sessions said that Trump is concerned about America's safety.
Olympic boxing's governing body has removed some judges and referees from the Rio Games after a controversy over fight decisions and the new professional-style scoring system. The International Boxing Association (AIBA) said in a statement that it had reviewed all decisions in the 239 bouts to date and found "less than a handful" were not at the level expected.
With the 'busy credit season' which witnesses a spurt in loan demand going up, it would be good to lower the rates ahead of it
'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.
FIFA president Gianni Infantino is hoping video replays will be used at the 2018 World Cup in Russia to help referees avoid serious mistakes during the tournament.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
The placement on to grey list could hurt Pakistan's economy as well as its international standing.
The CDS will be senior to the service chiefs and his primary role will be to work towards increasing operational coordination among the army, the navy or the air force and deal with India's national security with a comprehensive approach.
'It's been an up and down journey and every actor has to go through it.'
The United States and South Korea will deploy the advanced THAAD missile defence system on the volatile Korean peninsula as a "defensive measure" to counter the growing security threat from North Korea's weapons of mass destruction. The move has not gone down well with China which said that the move will harm the security of countries in the region.
'The idea of Hindu Rashtra is one of the most inclusive concepts.'
General T N Raina was an iconic Indian military leader whose contributions to the nation should be more widely known, notes Lieutenant General Syed Ata Hasnain (retd).
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
While Pep Guardiola has brought two Premier League titles, smashed records and produced some of the most glorious football the club's fans have ever seen -- European success remains elusive to his team.
The Centre also justified the abrogation of Article 35A of the Constitution which "enabled the then State to make laws giving special rights and privileges to permanent residents, while imposing restrictions upon others".
Australia retain respect for Virat Kohli despite the India captain's "absurd" and "offensive" allegations against counterpart Steve Smith, assistant coach David Saker said on Thursday.
The Reserve Bank of India (RBI) on Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future if need arises to support the economy hit by the Covid-19 pandemic.
Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.
Expressing deep concern over the recent act of violence against doctors, Vardhan stated that incidents of assault on doctors are reported from different parts of the country and this leads to sudden strike by doctors, gravely affecting the healthcare services.
'Washington senses that the anchor sheet of India's strategic autonomy lies in its longstanding partnership with Russia, which remains firm and immutable despite the changes in world politics in the post-Cold War era,' notes Ambassador M K Bhadrakumar.<
The exchanges have put in place systems which generate alerts on company-specific news in the media. And, then follow up with companies to verify the news.
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts.
After attacking the Jet-Etihad deal, Janata Party President Subramanian Swamy on Wednesday trained his guns on the Air Asia proposal to set up an Indian carrier, saying the FIPB clearance to it was "not legally valid".
Manchester City blew a two-goal lead and had Ederson sent off in a dramatic 3-2 defeat at Wolves on Friday.
City's Guardiola defends Mendy after COVID protocol breach.
British Virgin Islands, Mozambique, the Netherlands, Mauritius and Singapore were the top five nations where Indian firms made investment of $9.6 billion in the last three years.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
The meeting comes a day after Finance Minister P Chidambaram met heads of PSU banks and got an assurance from Indian Banks Association that banks would consider interest rate cut and come up with some decisions on the price at which credit will be delivered to different sectors. Following the meeting many public sector banks announced their decision to cut lending rates by up to 75 basis points.
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