An internal study group of the Reserve Bank of India (RBI), chaired by Janak Raj, principal adviser, monetary policy department, has lambasted commercial banks for…
RBI governor Urjit Patel: We’ve started seeing the upturn in economic growth
Mumbai: In his first interview to any newspaper since he took over as Reserve Bank of India (RBI) governor in September 2016, Urjit Patel discussed…
RBI governor Urjit Patel: Visible signs of growth in second half
Mumbai: In an interview two days after the October monetary policy that left the policy rate unchanged, raised the year-end inflation projection marginally and pared…
The next rate cut is uncertain
The Reserve Bank of India (RBI) has kept its policy rate unchanged at 6% and the stance of the October monetary policy continues to remain…
RBI may not cut repo rate now, action likely in December
India’s central bank is under pressure for a cut in its repo rate. The provocation is a sudden slump in the economic growth in the…
How to stop rating shopping?
Beginning 1 October, listed companies will have to disclose defaults on loan repayments within one working day. They will have to keep the stock exchanges…
9th anniversary of Lehman Brothers bankruptcy and Indian banking
The ninth anniversary of Lehman Brothers Holdings Inc. filing for bankruptcy was rather muted last week. With every passing year, articles in newspapers and discussions…
Why do you do what you do, Mr Raghuram Rajan?
At first glance, the title of professor of finance at the Universe of Chicago and former Reserve Bank of India (RBI) governor Raghuram Rajan’s latest…