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Finance Ministry says no decision yet on curtailing RBI Governor's power on rates

Aug 03, 2015

Finance Ministry says no decision yet on curtailing RBI Governor's power on rates

As the move to strip RBI Governor of veto power on deciding interest rates faced backlash, the government on Monday said no decision on curtailing powers of the central bank has yet been taken. #Business #Economy #RBI #Reserve Bank of India #finance ministry #NewsTracker #Raghuram Rajan
PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

Aug 01, 2015

PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

The Rs70,000 crore infusion certainly offers a breathing space for PSBs to clean up their balance sheets #Economic growth #public sector banks #NPAs #Bank Recapitalisation
In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

Aug 01, 2015

In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

While there will be relief at the moves to recapitalise India's banks, there would be some disappointment that the capital infusion was not bigger #SBI #fiscal deficit #Canara Bank #public sector banks #BoB #PNB #Jayant Sinha #Finance Minister Arun Jaitley #Bank Recapitalisation #crude oil price
Capital infusion of Rs 25,000 cr a good beginning, says Rajan

Jul 31, 2015

Capital infusion of Rs 25,000 cr a good beginning, says Rajan

Another Rs 5,000 crore will be provided in subsequent supplementary demand through the year totaling Rs 25,000 crore of capital infusion. #Economy #NewsTracker #Arun Jaitley #Raghuram Rajan #public sector banks