Kumar, who has been in the bank's board since Nov 2005, will serve as chairman for two years
The central bank has proposed to increase LTV ratio to 75% from the present 60%
The RBI is scheduled to announce its third quarter monetary policy review on Jan 29
Infusion to be done through preferential allottment of shares
This will help channelise more funds into the banking sector
Deputy governor KC Chakrabarty says 7% inflation is definitely not comfort zone
Move will enable companies in the investment-hungry sector to raise funds more easily
Allows repo in corporate debt of less than one year of original maturity
Banking experts don?t expect central bank to defer implementation beyond April 1
Easing liquidity and possible rate cut by Reserve Bank of India later this month could act as triggers bond issuances likely to increase
The cumulative sanction by Nabard under RIDF-XVIII for 2012-13 is now Rs 1,286.30 cr
Business underperformance hits the credit profile
The report also acknowledged the positive role of banks and NBFCs in monetising gold