The larger problem here is that government finances are already in a hole; that would be a problem even if the tax cut were the best-designed in history
Fear delay in execution of resolution plans during transition will lead to fresh provisioning
The R Gandhi (former deputy governor of the RBI) Committee's report on UCBs (2015) was prescient, in particular, for the need to set up a board of management (BoM) in UCBs
The resignation has come days after RBI initiated prompt corrective action against the private sector lender on September 28
The firm is targeting an issue size of Rs 1,500-2,000 crore and may file its offer document with markets regulator Securities and Exchange Board of India (Sebi) in a few weeks
The RBI placing Lakshmi Vilas Bank under PCA framework amidst the proposed merger, and litigation against the housing financier are perceived negatively by investors
For 2019-20, states have budgeted a consolidated GFD of 2.6% of the GDP
Subdued revenues, corporation tax rate cuts may widen deficit
Decisions from here on will need to be more considered
With inflation remaining contained, RBI still has room for another 40 bps for Repo rate to go down
The core sector growth stood at 2.4 per cent during the first five months of the current financial year, lower than the 5.7 per cent a year ago
It is high time the RBI tightened its audit and information gathering processes to ensure that its officers do a thorough job of supervising banks
Seven top executives discuss the road ahead for the fund industry, how they plan to restore investor confidence and woo millennials
While Mittal believes that time spent in market is a positive and can be helpful, there is no magic number of between 30 and 35 years at which to set a minimum threshold for experience, as per him
Current RBI thinking is not to align pvt bank CEOs' age limit with Companies Act at 75 years
As the RBI has de-emphasised the concept of real policy rates, forecasting the terminal rate has become more difficult, says Samiran Chakrabarty
Two leading industry experts debate the merits and demerits of the new fixed-floating rate product that the SBI chairman proposed recently
Inflation to stay within 4% target, say economists
The framework is proposing that system liquidity should ideally be kept in deficit mode of 0.25-0.50 per cent of the deposit base
The overall reserves had declined by $649 million to $428.960 billion in the previous reporting week