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Rahul corners 'watchman' PM over RBI report on loan defaulters
Updated : 7 years, 2 months ago IST
New Delhi [India], Dec 31 (ANI): Three days after RBI stated that banks lost Rs 41,167 crore to fraud in 2017-18, Rahul Gandhi on Monday said that the "watchman" is looting India by helping his close friends, who default on hefty bank loans and flee the country.
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NPAs have begun to stabilise, indicates RBI report
Updated : 7 years, 2 months ago IST
New Delhi [India[, Dec 28 (ANI): The latest statutory report by Reserve Bank of India on Trend and Progress of Banking in India 2017-18 indicates that the Non-Performing Assets (NPAs) have begun to stabilise, albeit at an elevated level; capital positions have been buffered and the provision
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Jalan to head RBI expert panel to review Economic Capital Framework
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 26 (ANI): RBI on Wednesday constituted a six-member expert committee to review its extant Economic Capital Framework under the chairmanship of Dr Bimal Jalan, former Governor of India's central bank.
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Centre should use RBI reserve for long-run goals: Meghnad Desai
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 20 (ANI): The Central government of India should ensure transparency while using the money of RBI for long-term goals, noted British economist and Labor politician Meghnad Desai said on Thursday here.
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RBI, Centre should find ways to work in harmony: Manmohan Singh
Updated : 7 years, 2 months ago IST
New Delhi (India), Dec 18 (ANI): Former Prime Minister and seasoned economist Manmohan Singh opined that the Reserve Bank of India (RBI) and central government should find ways to work in close coordination and harmony.
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India cannot function with fragile coalitions in future: Jaitley
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 15 (ANI): With the general elections expected to take place within the next six months, Union Finance Minister Arun Jaitley asserted that going forward, India cannot afford to have "fragile coalitions."
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RBI Central Board meet: Governance Framework among key issues discussed
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 14 (ANI): The Reserve Bank of India's (RBI) Central Board on Friday deliberated on the banks's Governance Framework during its meeting here and concluded that the matter required further examination, the central bank's Chief General Manager, Jose J. Katoor c
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It often goes to best connected than poor: Rajan on farmer loan waivers
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 14 (ANI): Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday claimed that the loan waivers for farmers actually go to the "best connected rather than the poorest".
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Parliament Winter session Day 4: Cong moves adjournment motion over Rafale
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 14 (ANI): The temperature in the national capital may have plummeted to few notches with an overnight downpour, but Day 4 of the Winter Session in Parliament will be a heated one. On Friday, the Opposition Congress again moved the adjournment motion in the house over t
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Creative tension should exist between RBI, Govt: Arvind Subramanian
Updated : 7 years, 3 months ago IST
Bengaluru (Karnataka) [India], Dec 14 (ANI): Former Chief Economic Advisor (CEA) Arvind Subramanian opined that although the Reserve Bank of India's (RBI) independence is sacred, there must be "creative tension" between the central bank and government.
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Winter Session: Congress moves adjournment motion over Rafale, demonetisat
Updated : 7 years, 3 months ago IST
New Delhi [India], December 13 (ANI): The Congress has moved adjournment motions in the Lok Sabha over the issues of Rafale deal, the tussle between the Centre and the Reserve Bank of India, and demonetisation.
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Lok Sabha to discuss Rafale deal, CBI, RBI issues
Updated : 7 years, 3 months ago IST
New Delhi, Dec 12 (ANI) The contentious issues like Rafale fighter deal and alleged "breakdown of institutions RBI and CBI" will be discussed in the Lok Sabha during the ongoing Winter session under Rule 193, which does not entail voting, according to sources in the Parliament and the govern
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