With debt recast at only 0.9% of total loans, banks fare much better than RBI's doomsday projection on bad loans
Shaktikanta Das says capital, liquidity buffers at financial institutions 'reasonably resilient' to withstand future shocks
Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions
The bank promised to get back to the market "with a bang" once the "temporal" embargo is lifted
The takeover of this bankrupt urban cooperative bank by the Centrum-BharatPe combine marks the first instance of NBFCs, high-net worth individuals and fintechs being allowed entry in this space
The corporate bond market is still dominated by financial companies, but non-financial companies have marked their presence in the past one year
Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime
The RBI said the lenders can hire experts, including former employees, on a contractual basis subject to certain conditions
Evolved users should opt for the traditional approach of tracking expenses and eliminating frivolous ones
From 1991 onwards, the RBI became a full, if slightly junior, partner of the finance ministry, instead of being a 'mere subordinate department of the financial ministry'
Jagdishan took over from his larger-than-life mentor Aditya Puri
The minimum age of a person should not be less than 35 years and not more than 70 years any time during the tenure
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RBI has, on June 18, granted 'in-principle' approval to Centrum Financial Services Ltd (CFSL) to take over PMC Bank via small finance bank (SFB) route
NBFCs can give dividend only if accounts are clean, NPAs not hidden, and are below 6 per cent for the last three years
Para 68 of the Budget announcement of 2021, exactly 30 years after 1991, could be the beginning of the next round of financial sector reforms
Lower consumption at the bottom of the pyramid will affect growth
The guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards
The change in the Fed's forecast and a possible shift in policy is perhaps a good time to review how central banks - including the RBI - responded to the crisis, and debate future possibilities
Select a debt fund whose average duration is lower than the investment horizon