In April, the Uttar Pradesh government had waived farm loans worth Rs 36,000 crore
RBI lowered the economic growth forecast for the current fiscal to 7.3% from 7.4% earlier
Economists expect central bank to maintain 'neutral' policy stance
RBI must decisively cut rates and resolve bad loans
S Ganesh Kumar joined the RBI in 1984
RBI in April said it was awaiting government's nod on measure
Due date for the first installment of advance tax for the assessment year 2018-19 is June 15
Bad loan steps are welcome, more waiting to be done
RBI is the latest to signal telecom sector's deepening woes
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
Application can be downloaded from Play Store or App Store, using the keyword Reserve Bank of India
Old Rs 500 and Rs 1,000 notes are now called specified bank notes (SBN) by RBI
Banks were directed by the RBI to asks questions to customers depositing over Rs 5,000
The Reserve Bank for long has been planning to launch plastic currency note after field trials
The RBI's more cautious approach also comes amidst a volatile global environment, which saw the rupee sink to a record low last month as part of a sell-off in emerging market assets.
Banks have to maintain additional provisions and high capital for such exposures
Speculation about Raghuram Rajan's successor has been doing the rounds for past few weeks
The only good news for the corporate sector is that the demand from consumers for cars and two-wheelers is growing by double digits
RBI said passage of GST Bill "augurs well" for the growing political consensus for economic reforms and will boost business sentiment and eventually investment
Allotment of securities and settlement will take place on July 4