Page 987 - Finance News

Vishwanathan appointed RBI deputy governor

All appointments of deputy governors to RBI were previously done by a panel headed by the governor

Rajan may have stayed had govt promptly reacted: RBI Governor's parents

Say it was unfair to attack him personally, questioning his patriotism; timely intervention may have made him stay here

Shyamal Majumdar: Mismanaging Rajan's exit

Imagine a firm where the CEO is attacked on a daily basis and all the promoter does is to maintain silence

World Bank president lauds Rajan

Hopes country will ensure independently functioning RBI

Three-year term too short for RBI governor: Rajan

Many countries have a five-year term for their central bank chiefs

New RBI Governor should continue Rajan's inflation fight: DBS

It called Rajan's decision not to seek an extension as a "negative surprise

Letters: Fix 5-year term as a rule

Tightrope walk for next RBI governor

Managing Brexit, inflation and banking reforms, along with the political environment, will be tough

Vishwanathan takes charge as new deputy governor RBI

Vishwanathan who succeeds H R Khan had joined central bank in 1981

RBI chief: Gokarn, Patel, Mohan in the reckoning

Prime Minister Narendra Modi and Finance Minister Arun Jaitley were close to a decision on Rajan's successor and an announcement was likely by next week

After Modi's Africa tour, Rajan successor name likely

The government has made it clear that its first preference would be for an economist to take up the post

CRISIL: BoI margins to see pressure

CRISIL has assigned "AA+" rating to Bank of India's (BoI's) Rs 15.0 billion Tier II bond issue (under Basel III)

JLF to meet next week to review stressed cases

Banks had commissioned techno-economic viability studies as well as forensic audits for stressed cases

PNB's limited gains from housing finance IPO

Apart from some increase in sum-of-parts valuation, the issue will not help in augmenting the bank's capital

Indian Overseas Bank goes in recovery mode

The bank has said that Rs 794 crore was recovered in small value NPA accounts and Rs 301 crore from accounts of over Rs 10 lakh and up to Rs 1 crore

IOB and United bank turn headless

Both the banks were both in midst of systematic plans to reduce stress on books and improve recoveries when they were impacted by RBI's Asset Quality Review

Yeldi Softcom receives semi-closed wallet licence from RBI

The company is looking at launching more products, including highly secure NFC handsets to replace use of hard cash

VCats announces $250,000 seed funding into SaaS-based start-up DSYH

DSYH has been accelerated by RIL's GenNext Hub

India's banking faces stress due to 'stalling' in 2011-13: SBI

Describes Brexit as a "wrong step" saying the world tomorrow has to globalise and get more connected and collaborative

Axis Bank gets nod to raise foreign shareholding to 74%

Move may get foreign direct investment of Rs 12,000 cr and create 7,000 jobs