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India steadily built up its currency reserves, says Rajan

May 22, 2015

India steadily built up its currency reserves, says Rajan

Rajan also said that the World Bank and Asian Development bank should be ready to bring in long-term risk capital for infrastructure projects in emerging markets. #Economy #RBI #Asian Development Bank #World Bank #TheySaidIt #Raghuram Rajan
SBI breaks bad loan jinx, but keep a watch on restructured loans

May 22, 2015

SBI breaks bad loan jinx, but keep a watch on restructured loans

SBI chairperson Arundhati Bhattacharya admitted that there was a rush to recast loans in the March quarter as the regulatory forbearance on restructured loans came to an end. #SBI #CompanyWatch #NPA #Punjab National Bank #Corporate Debt Restructuring #Arundhati Bhattacharya #Restructured loan
Jaitley says it's time for RBI to cut interest rate as inflation moderating

May 22, 2015

Jaitley says it's time for RBI to cut interest rate as inflation moderating

Mix of slowing inflation and a weaker-than-expected growth is building the case for a softer policy. #Inflation #RBI #CRR #Banks #NewsTracker #Repo rate #FM #Jaitley
Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

May 22, 2015

Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

The reason for a change to waning investor sentiments from the days of euphoria is absence of much-needed structural reforms in the economy #Finance minister #Arun Jaitley #Divestment #economic reforms #one year of Modi govt #banking sector reforms
After deal with Amazon and Paypal, SBI plans big digital push to reach customers

May 22, 2015

After deal with Amazon and Paypal, SBI plans big digital push to reach customers

BCs to be trained in revamped retail model; power, construction, mining still need hand-holding, says chairman Arundhati Bhattacharya #SBI #Digital banking #capital infusion #Arundhati Bhattacharya #capital raising

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Banking licences: Were Tatas hoping to change the rules mid way?

Nov 28, 2013

Banking licences: Were Tatas hoping to change the rules mid way?

Many corporate were hoping for relaxation of RBI rules for a couple of years, and when they realized RBI is not going to relax any norms, some of them are now backing out #RBI #Tata Sons #Tata #Banking Licences
When it comes to financial sector, India is way ahead of China

Nov 18, 2013

When it comes to financial sector, India is way ahead of China

The banking system in India is well regulated and banks' reporting standards, reserve ratios and capital adequacy hold the system strong even in the face of adversities such as the global financial market collapse in 2007-08. #India #China #Banking #InMyOpinion #financial system