Has the Reserve Bank of India (RBI) tightened norms for gold imports to ease the pressure on the widening current account deficit? Or, has it…
Category: Blog
Adding teeth to Sebi’s powers
India’s capital market regulator is now one of the most powerful such watchdogs in the world. The government’s silver jubilee gift to the Securities and…
A rate hike by stealth but measures are temporary
The Monday late evening Reserve Bank of India (RBI) action is nothing but a rate hike by stealth, that too by a whopping 3 percentage…
Who is a politically exposed Indian?
In June, the Reserve Bank of India (RBI) penalized three Indian private banks— Axis Bank Ltd , HDFC Bank Ltd and ICICI Bank Ltd —for…
Chidambaram rushes to do what Subbarao couldn’t
What Reserve Bank of India (RBI) governor D. Subbarao could not do through a series of rate cuts, India’s finance minister P. Chidambaram now wants…
Why didn’t more firms seek bank licences?
Monday, the last day for the submission of applications for bank licences on Monday, saw a rush, not the anticipated stampede. Two decades ago, in…
RBI likely to press pause button on rate cuts, but may act later
Planning Commission deputy chairman Montek Singh Ahulwalia ’s statement on Friday that the Reserve Bank of India (RBI) should consider a rate cut on 17…
BANKER’S TRUST REALTIME | Is our banking system flawed?
For hundreds of thousands of bank employees who work in branch offices, India has turned into Ramgarh of G.P. Sippy’s Sholay while cobrapost.com’s associate editor…