An early choice will also allow Mr Rajan to do some hand-holding.
The corporate sector does not care from where the money is coming.
Officials said Sebi is closely in touch with RBI on the market developments.
These sectors have underperformed the wider market over the past year and are seen having far more upside potential if the economy picks up thanks to Modi's reformist agenda.
The RBI is exploring ways to allow banks more flexibility in loan restructuring.
Bad loans of PSU banks rose by 28.5 per cent.
RBI has taken a balanced approach in the credit policy considering various developments across the globe and their near term impact.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
Polling for the 288-seat Assembly is being held in a single-phase on Wednesday.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Recently, United Bank of India declared Kingfisher Airlines as well as some three of its directors as wilful defaulters.
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
In the global markets, the US dollar traded lower in early trade after former US Treasury Secretary Larry Summers withdrew himself from the race to be the next Federal Reserve chairman.
India Inc has pitched for rate cut to boost economic activities.
In a surprise move, the Reserve Bank on Wednesday left the repo rate unchanged at 7.75 per cent, while the cash reserve ratio too is retained at 4 per cent.
The Indian government will present the annual budget for 2016-17 on February 29.
The RBI, which has been keeping rates at an elevated level citing the high inflation, wants to bring it down to 6 per cent by January 2016.
.jpg)
Reliance, Birla Group, Airtel eye small finance banks.
Recpaitalising banks through taxpayers' money will not solve the NPA problem.
Slowing inflation prompted the RBI to cut the policy repurchase rate last month by 25 basis points to 6.50 percent, the lowest since 2011.
.jpg)
After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
Rajan tells RBI colleagues he will be returning to academics
A reading above 50 denotes expansion while one below means contraction.
"The world is in general equilibrium. A small change in one parameter effects changes in all variables. So Krishna advised: Sukh Dukhe...," Subramanian Swamy tweeted.
The idea is to boost household savings and turn more of them into growth capital. If the plan succeeds, sustained eight per cent-plus rates of gross domestic product growth should be within reach in a few years.
'Space out when raising funds; Sebi mulls securitisation platform'
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
'People who come from IMF-World Bank backgrounds have no dynamism at all,' Subramanian Swamy said.
The rupee had ended five paise lower at 61.92 on Tuesday.
With March 2016 being the final quarter when banks will have to disclose their stressed assets, the markets are assuming the worst is yet to come
The High Commissioner upon seeing Mallya walk in actually at the mid of the event, got up and left
However, some analysts say RBI Governor Raghuram Rajan may delay the rate cuts amid mounting concerns over the government's fiscal health.
RBI's foreign exchange reserves fell $237.5 million.
One of the major contributors for the decline in growth will be the monsoon deficiency, which also affects non- agricultural sectors through demand effects, RBI report said.
This remark is in consonance with RBI Governor Raghuram Rajan's comment.
The rapid deceleration in prices has ignited a debate in New Delhi whether Asia's third-largest economy is heading towards deflation.
India builds up record FX after Fed hints rate hike in future.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances