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RBI governor Raghuram Rajan News

RBI governor Raghuram Rajan

03 Sep 2017

Slowdown of credit pre-dates banks drive against NPAs: Raghuram Rajan

Rajan describes how the Reserve Bank of India`s (RBI) repeated attempts to seek a resolution of stressed assets issue met with tepid response from bankers.

RBI governor Raghuram Rajan

10 Sep 2016

Raghuram Rajan took many steps to put banking system in right direction: President

Just retired RBI Governor Raghuram Rajan's clean-up of more than USD 100 billion of stressed assets on the books of banks today came in for praise from President Pranab Mukherjee who felt rising NPAs are not a desirable situation.

Subramanian Swamy

26 Aug 2016

Subramanian Swamy fires fresh salvo at Raghuram Rajan, claims he has no degree in economics

BJP's firebrand leader Subramanian Swamy has fired a fresh salvo at the outgoing RBI Governor Raghuram Rajan, claiming that he had no degree in economics.

RBI governor Raghuram Rajan

28 Jun 2016

Banks asset quality stress needs to be dealt first: RBI Governor

Stressing on need to continue with sound domestic policies and reforms, RBI Governor Raghuram Rajan today said banks' asset quality stress has to be dealt first in order to revive the credit growth.

28 Jun 2016

Indian banks' bad loans may rise to 8.5% by March 2017: RBI

Gross bad loans at Indian banks may rise to 8.5 percent of total assets by March 2017 from 7.6 percent in March 2016 if the central bank orders them to conduct a second round of asset quality reviews, a Reserve Bank of India (RBI) report said on Tuesday.

RBI governor Raghuram Rajan

06 Jun 2016

Princeton economist backs Raghuram Rajan's second term at RBI

New Delhi: Backing a second term for RBI Governor Raghuram Rajan, leading Indian-American economist at Princeton University Avinash Dixit said the apex bank chief should have "full operational independence" when it comes to pursuing targets on employment, growth and inflation.

Reserve Bank of India

13 May 2016

RBI governor Rajan says core inflation a bit higher than desired

Indian core inflation remains sticky and a bit higher than policymakers would like to see, Reserve Bank of India governor Raghuram Rajan said on Friday.

Transmission of monetary action

05 Apr 2016

No silver bullet, government working on rate transmission: Jayant Sinha

Government is looking at ways to ensure transmission of monetary action on the ground as there is no silver bullet that can deal with the rate cut issue, Minister of State for Finance Jayant Sinha today said.

Delhi Economic Conclave 2015

06 Nov 2015

PM Narendra Modi to inaugurate Delhi Economic Conclave today

Delhi Economic Conclave, deliberating on a number of global and domestic financial issues, will be inaugurated by Prime Minister Narendra Modi today.

31 Oct 2015

Galaxy of leaders speak against intolerance

A galaxy of personalities on Saturday joined the debate on growing intolerance with music maestro Zubin Mehta speaking against "ostracising" writers and authors that would amount to cultural dictatorship while RBI Governor Raghuram Rajan said tolerance and mutual respect was necessary.

31 Oct 2015

Now, RBI Governor Rajan says ethnic intolerance not conducive for progress

The Reserve Bank of India Governor Raghuram Rajan has expressed strong opinion against the ethnic intolerance prevailing in the country, and called for the environment of tolerance and mutual respect.

State Bank of Travancore

09 Mar 2015

State Bank of Travancore cuts base rate to 10.15 per cent

State Bank of Travancore (SBT) today became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.

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