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Page 985 - Finance News

India seen pressing ahead with bank clean-up despite Rajan exit

Bankers and government officials told Reuters Rajan's successor may be less aggressive in fighting bad loans

India seen pressing ahead with bank clean-up despite Rajan exit
Updated On : 08 Jul 2016 | 2:21 PM IST

Rajan's decision a personal choice; we must respect: Kochhar

Kochhar said under him, the RBI played a major role in steering the economy in a volatile world

Rajan's decision a personal choice; we must respect: Kochhar
Updated On : 08 Jul 2016 | 2:21 PM IST

Rajan's decision a personal choice; we must respect: Chanda Kochhar

Rajan's decision came after sharp criticism by Subramanian Swamy where lawmaker also questioned his patriotism

Rajan's decision a personal choice; we must respect: Chanda Kochhar
Updated On : 08 Jul 2016 | 2:21 PM IST

Banks will press ahead with clean-up despite Rajan's exit: Experts

Rajan had set an ambitious March 2017 deadline for them to fully reveal the problem loans and make adequate provisions

Banks will press ahead with clean-up despite Rajan's exit: Experts
Updated On : 08 Jul 2016 | 2:21 PM IST

Investors expect an independent RBI chief to champion reforms

Deputy Governor Urjit Patel seen as top contender for the post of RBI Governor; Modi to take the final decision

Investors expect an independent RBI chief to champion reforms
Updated On : 08 Jul 2016 | 2:21 PM IST

RBI will survive any Governor, says outgoing Raghuram Rajan

Rajan has decided to step down from the RBI Governor's post and said he will return to academia after the end of his tenure

RBI will survive any Governor, says outgoing Raghuram Rajan
Updated On : 08 Jul 2016 | 2:21 PM IST

RBI chief Raghuram Rajan felt undermined weeks before quitting

Governor said to have been feeling lack of support from FM Jaitley and PM Modi; he reportedly did not inform Centre before releasing his letter to staff

RBI chief Raghuram Rajan felt undermined weeks before quitting
Updated On : 08 Jul 2016 | 2:21 PM IST

A sad exit

After Mr Rajan's departure, focus must be on unfinished tasks

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Updated On : 08 Jul 2016 | 2:21 PM IST

Rexit leaves India Inc disappointed

India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan, adding the country needs a strong leader at the central bank.

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Updated On : 08 Jul 2016 | 2:21 PM IST

Rajan's 'structural changes' to benefit economy: India Inc

Industry body Assocham expressed hope that Rajan will be persuaded to reconsider his decision

Rajan's 'structural changes' to benefit economy: India Inc
Updated On : 08 Jul 2016 | 2:20 PM IST

RBI guv must be given a 5-year term for stability: Ex-RBI deputy guv

The former deputy governor of RBI has said that it is premature to discuss his candidature for the top post

RBI guv must be given a 5-year term for stability: Ex-RBI deputy guv
Updated On : 08 Jul 2016 | 2:20 PM IST

Raghuram Rajan wasn't pressurised, believe officials

Say his celebrity status ticked some the wrong way; concerned about Rajan's announcement just ahead of Brexit

Raghuram Rajan wasn't pressurised, believe officials
Updated On : 08 Jul 2016 | 2:20 PM IST

Rajan exit may spark short-term blip

Currency & equity markets could face sharp changes as RBI governor leaves, but should smoothen out, say experts

Rajan exit may spark short-term blip
Updated On : 08 Jul 2016 | 2:20 PM IST

Jaitley wanted Raghuram Rajan to continue, but 'Sangh' lobbied against it: JD(U)

The party further criticised BJP leaders for creating circumstances that forced Rajan to decide not to continue

Jaitley wanted Raghuram Rajan to continue, but 'Sangh' lobbied against it: JD(U)
Updated On : 08 Jul 2016 | 2:20 PM IST

Markets take Rajan's impending departure in their stride

The rupee is still lower than its previous close, but equity markets are trading higher

Markets take Rajan's impending departure in their stride
Updated On : 08 Jul 2016 | 2:20 PM IST

Rajan's exit: Rating action to depend on policies, not personalities, says Fitch

The rating agency said that the new RBI chief would inherit a good opportunity to continue pursuing a policy of relatively low consumer price inflation

Rajan's exit: Rating action to depend on policies, not personalities, says Fitch
Updated On : 08 Jul 2016 | 2:19 PM IST
Rajan's successor soon, no panel to look for new RBI chief
Updated On : 08 Jul 2016 | 2:19 PM IST

Rajan praises Modi govt for adopting CPI-based inflation targeting, MPC

RBI Governor says an inflation-focused framework means better coordination between the government and the central bank

Rajan praises Modi govt for adopting CPI-based inflation targeting, MPC
Updated On : 08 Jul 2016 | 2:19 PM IST

RBI's Raghuram Rajan defends record, inflation fight

Consumer inflation hit a near two-year high of 5.76% in May, or upper end of RBI's inflation target of 2% to 6%

RBI's Raghuram Rajan defends record, inflation fight
Updated On : 08 Jul 2016 | 2:19 PM IST

FDI reforms nothing to do with Rajan's exit: Nirmala Sitharaman

She said they were working on these reforms for couple of months and announced them after final completion of work

FDI reforms nothing to do with Rajan's exit: Nirmala Sitharaman
Updated On : 08 Jul 2016 | 2:14 PM IST