He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
A 13-member group, headed by RBI Executive Director R Gandhi, has made various recommendations on G-Sec market, retail participation and interest rate derivatives market.
RBI unsure whether to cut rates or not in its next monetary policy.
The NPA of the public sector banks rose to 6.03% as of June 2015.
SBI is the first major bank to cut its base lending rate this year.
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.
The leaders jumped the boat in the presence of Chief Minister Jairam Thakur and BJP's Sudhan Singh, in-charge of BJP state elections. BJP candidate from Shimla, Sanjay Sood was also present on the occasion.
As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.
RBI had received 72 applications for small finance bank licences.
'Government of India has the right to give directions to RBI'.
The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the Reserve Bank of India.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
The impact of the national test among aspirants, people and several sections of society has been dealt with and the report is completely based on data and not on personal opinions, the panel head said.
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
There is nothing wrong with government and RBI having conflicting opinions.
Eighteen patients have died in the last 24 hours at the Chhatrapati Shivaji Maharaj Hospital in Kalwa in Thane, civic commissioner Abhijit Bangar said on Sunday.
Raghuram Rajan explains the rationale for his policy stance and other issues.
Raghuram Rajan speaks on the unscheduled rate cut.
'It will be interesting to see how Dr Patel handles gadflies with the maturity of egregiously petulant three year olds.' 'That Dr Patel does not, in so far as we can tell, cause society matrons to gush like hormonal teenagers can only be a good thing for him.' 'Look where their febrile imaginations and breathless prose took his predecessor.'
Fifty years ago today, December 25, 1972, Chakravarti Rajagopalachari, one of the titans of India's freedom struggle, passed into the ages. Kalki Krishnamurthy, who penned the Tamil classic Ponniyin Selvan among numerous other novels, describes his first glimpse of the man who would become an august national leader and his cherished role model.
The party is very much united and working together, the AICC general secretary organisation said.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years upto December 2024, according to an official order.
Haasan, addressing office bearers in Chennai, said he has been invited by Rahul Gandhi to participate in the Yatra.
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
FMC has been asked to go ahead with the appointment of 20 experts, which the commission had sought earlier.
The corporate sector does not care from where the money is coming.
Arun Jaitley had a tough fiscal hill to climb.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
Tamil Nadu's unending legislative fight for exemption from NEET has now flagged the question if it's time to review the Supreme Court's famous verdict in the 'Mandal case', fixing 50-per cent upper-limit for all reservations, asks N Sathiya Moorthy.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
'A concerted attempt is afoot to try and create a new image of an intelligent man who knows what he is talking about and is far from the person that his critics in the media and Opposition have often portrayed him to be,' says Virendra Kapoor.
"Have you obtained the permission of the Supreme Court (which had upheld the NEET). Would it not amount to violation of the ruling of the apex court?" were among the questions raised by the first bench of Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy.
The cross-country foot march stayed in the news almost right through, mostly for the barbs between the BJP and the Congress and occasionally for other reasons, including infighting in the opposition party.
The governor has returned the bill, adopted by the state assembly in September 2021 and the report of a high level committee constituted by the Tamil Nadu government in this connection to the assembly Speaker M Appavu.
The report said that "we believe, institutions are more important than individuals" and ultimately what is important is the credibility and the independence of any institution and nothing else.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
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