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Page 732 - Finance News

RBI board meeting of Dec 14 stands as of now: DEA Secy Subhash Chandra Garg

The crucial board meeting is expected to see discussion on various issues including governance reforms at the RBI

RBI board meeting of Dec 14 stands as of now: DEA Secy Subhash Chandra Garg
Updated On : 11 Dec 2018 | 10:14 PM IST

Shaktikanta Das: New RBI Governor's journey from North Block to Mint Street

Mild-mannered, Shaktikanta Das is known to rarely lose his cool and focus mostly on looking at solutions through consensus

Shaktikanta Das: New RBI Governor's journey from North Block to Mint Street
Updated On : 11 Dec 2018 | 9:56 PM IST

RBI remains net seller of dollar in Oct, sells $7.2 bn of greenback: Data

RBI maintains that its intervention in the foreign exchange market is to curb volatility in the rupee

RBI remains net seller of dollar in Oct, sells $7.2 bn of greenback: Data
Updated On : 11 Dec 2018 | 6:46 PM IST

SBI plans to soon disburse agricultural loans digitally: Official

The official said as the pilot projects are on already, the bank hopes to provide such services soon

SBI plans to soon disburse agricultural loans digitally: Official
Updated On : 11 Dec 2018 | 5:46 PM IST

RBI slaps Rs 10 mn fine on Indian Bank for violating cyber security norms

The contravention is with regard to RBI's directions on Frauds- Classification and Reporting by Commercial Banks

RBI slaps Rs 10 mn fine on Indian Bank for violating cyber security norms
Updated On : 11 Dec 2018 | 3:46 PM IST

Functioning of RBI not dependent on any particular individual: Rajiv Kumar

The Niti Aayog vice chairman also assured that the government will do whatever is required to continue its business as usual

Functioning of RBI not dependent on any particular individual: Rajiv Kumar
Updated On : 11 Dec 2018 | 2:57 PM IST

Who will be the next RBI Governor? Adhia, Das among names doing the rounds

The first step is for Prime Minister Narendra Modi to appoint an interim governor, as has been the practice in the past

Who will be the next RBI Governor? Adhia, Das among names doing the rounds
Updated On : 11 Dec 2018 | 10:39 AM IST

Urjit Patel's quiet exit from Reserve Bank doesn't really help India

Patel's decision to leave rather than accept the threat to the RBI's autonomy has a certain nobility. But he might have offered a fuller explanation of the circumstances behind his exit

Urjit Patel's quiet exit from Reserve Bank doesn't really help India
Updated On : 11 Dec 2018 | 9:38 AM IST

Urjit Patel's exit from RBI comes as no surprise, says Thomas Isaac

It had been in the making for some time, says Kerala finance minister and senior CPI(M) leader

Urjit Patel's exit from RBI comes as no surprise, says Thomas Isaac
Updated On : 11 Dec 2018 | 9:28 AM IST

Kotak Bank moves HC against RBI over promoter shareholding dispute

RBI had turned down the bank's stake dilution plan through non-convertible preference shares

Kotak Bank moves HC against RBI over promoter shareholding dispute
Updated On : 11 Dec 2018 | 3:34 AM IST

SBI plans to raise up to $1.25 bn by issuing bonds in foreign currency

The public sector lender said, the fund is planned to be raised during January to March, next year

SBI plans to raise up to $1.25 bn by issuing bonds in foreign currency
Updated On : 11 Dec 2018 | 1:43 AM IST

LIC's gross NPAs rise to 6.23% in FY18, cover for bad loans improves

It earned Rs 1.55 trillion as interest and Rs 97.68 billion as dividend, returning a yield of 7.71% for the year

LIC's gross NPAs rise to 6.23% in FY18, cover for bad loans improves
Updated On : 11 Dec 2018 | 1:41 AM IST

RBI governor Urjit Patel quits; North Block-Mint Road ties back in focus

Announces his decision in a statement posted on RBI's official website

RBI governor Urjit Patel quits; North Block-Mint Road ties back in focus
Updated On : 10 Dec 2018 | 10:24 PM IST

Hope for smooth transition at RBI: India Inc on Urjit Patel's resignation

Assocham Secretary General Uday Kumar Verma said it was 'inappropriate' to make a comment on the matter, terming it as an issue between the government and the RBI

Hope for smooth transition at RBI: India Inc on Urjit Patel's resignation
Updated On : 10 Dec 2018 | 9:21 PM IST

Urjit Patel's exit from RBI a 'setback', took me by surprise: Gurumurthy

RBI board member S Gurumurthy says Patel's exit comes as a shock since the November board meeting was held in such a 'cordial atmosphere'

Urjit Patel's exit from RBI a 'setback', took me by surprise: Gurumurthy
Updated On : 10 Dec 2018 | 8:47 PM IST

Urjit Patel, the RBI Governor with few spoken words but tall actions

On Monday, Urjit Patel resigned from the position of RBI governor citing personal reasons

Urjit Patel, the RBI Governor with few spoken words but tall actions
Updated On : 10 Dec 2018 | 7:10 PM IST

RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react

Patel cited 'personal reasons' for his resignation

RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react
Updated On : 10 Dec 2018 | 6:39 PM IST

SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman

Bhattacharya will succeed former banker M V Nair, who is stepping down after completing five years with the company

SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman
Updated On : 10 Dec 2018 | 4:36 PM IST

Bharti AXA Insurance posts Rs 3-mn profit in H1 after 10 years of operation

There was overall growth across all product segments such as health insurance, personal accident and travel, and commercial products and crop insurance

Bharti AXA Insurance posts Rs 3-mn profit in H1 after 10 years of operation
Updated On : 10 Dec 2018 | 3:56 PM IST

IMF backs RBI, says Indian govt should heed message on financial stability

Chief Economist Maurice Obstfeld said International Monetary Fund does not want politicians 'manipulating' central banks for political ends

IMF backs RBI, says Indian govt should heed message on financial stability
Updated On : 10 Dec 2018 | 7:51 AM IST