The government can still have its way with the RBI by invoking a rule that hasn't been used in the central bank's 83-year history
A resource-strapped government covets the RBI's surplus capital
Apex bank's fiat to appoint new CEO could impact lender's capital raising ability
The bank will decide on the final name by the third week of December, at least a month before the RBI deadline of January 31
On November 2, RBI had allowed banks to provide PCE for debt raised by non-deposit-taking systematically important NBFCs
The officials also said all these steps have been taken jointly by the government and the regulators after an extensive and continuous consultation process
NFC transactions account for 2-3% of card transactions in India
Board to examine stringent capital norms for Indian banks
Andrew Holland, however, said his bullish call was based on the assumption that India does not get a 'messy coalition' government after national elections
Most of the recent rise in RBI reserves has happened due to appreciation of the dollar
The state-run banking index has dropped nearly 25 per cent in the past 12 months
Mehta said the committee is now in talks with potential sponsors for the AIF
"All of them (NBFCs) have been able to meet their commitment as far as roll overs are concerned," Kumar said
Last month, Yes Bank had said the search panel had finalised the potential candidate profile
SBI has started to reap profits as a total of Rs. 260 billion has been deposited with them under PMJDY so far
RBI board member S Gurumurthy made a case for enhancing credit for the MSME sector
It, however, sees the breach in capital requirement to be temporary
Raters need to share weights being assigned to risk-factors and rating action in different scenarios, say mutual funds
One source said the RBI could agree to tweak restrictions on lending to improve credit flows for smaller companies with a borrowing limit of Rs 250 million
With this investment, the Indian billionaire now owns 5% in a Kerala-based Bank