An RBI governor, two finance ministers and a quiet war

'Governments that did not respect the central bank's independence would sooner or later come to rue the day they undermined the institution,' RBI Deputy Governor Viral Acharya warned on Friday.The......

Centre pays higher price to keep pensioners happy

Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt. To keep the......

'Changes in banking norms a must'

Reserve Bank of India Deputy Governor K C Chakrabarty has called for changes in the rating and reporting standards of banks, saying a bank should not be rated just on the basis of its net interest......

Green signal for FDI in proprietary trading

The finance ministry has decided to allow foreign direct investment in proprietary trading, despite the Reserve Bank of India's opposition.RBI feels allowing foreign companies into this business......