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Don't want to overstate bad loan crisis, says Jaitley; Rajan cautions the country

Mar 12, 2016

Don't want to overstate bad loan crisis, says Jaitley; Rajan cautions the country

Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and RBI Governor Raghuram Rajan on Saturday cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth. #NewsTracker #Arun Jaitley #Vijay Mallya #Raghuram Rajan #NPAs #Reserve Bank #Rajan #PSBs #bad loans crisis
Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

May 28, 2015

Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

Lower production and weak global demand to temper growth output #Economy #GDP #Commodity #Moody's #Reserve Bank
Credit conditions to strengthen with growth, reforms: Moody's

May 11, 2015

Credit conditions to strengthen with growth, reforms: Moody's

The retrenchment in global commodity prices should translate into lower operating costs for sectors such as automotives, manufacturing, infrastructure and power. #Credit #NewsTracker #Moody's #Repo rate #Reserve Bank #Coal Mines Special Provisions Bill #Mines and Minerals Development and Regulation Bill
Closely monitoring price situation, taking steps controlling inflation: Sitharaman

Aug 01, 2014

Closely monitoring price situation, taking steps controlling inflation: Sitharaman

As per the latest WPI data, inflation in 31 essential commodities has moderated to 6.05 percent in June as against 9.27 percent in the same month last year. #Inflation #Economy #Lok Sabha #TheySaidIt #Nirmala Sitharaman #Reserve Bank #Agricultural Produce Marketing Committee Acts
April retail inflation rises to 3-month high of 8.59 percent

May 12, 2014

April retail inflation rises to 3-month high of 8.59 percent

Costlier vegetables, fruits and milk pushed up retail inflation to three-month high of 8.59 percent in April, squeezing the space for the Reserve Bank to ease interest rates in the monetary policy review in June. #Delhi #NewsTracker #Reserve Bank #retail inflation #April
HSBC says service sector output drops in Dec for 6th consecutive month

Jan 06, 2014

HSBC says service sector output drops in Dec for 6th consecutive month

The HSBC/Markit Purchasing Managers Index for the services industry fell to 46.7 in December, registering the sixth consecutive monthly drop in output levels, the longest period of continuous reduction since the 2008/2009 global financial crisis. #NewsTracker #PMI #Asean #Purchasing Managers Index #Reserve Bank #MARKIT #services sector #HSBS #Composite Output Index
In bid to resurrect rupee, NRIs can get upfont loans for dollar deposits

Sep 17, 2013

In bid to resurrect rupee, NRIs can get upfont loans for dollar deposits

The foreign banks are offering upfront financing for wealthy non-resident Indians (NRIs) to set up dollar deposits in India following various central bank incentives, including cheap dollar/rupee swap rates. #India #Banks #Rupee #Investment #Government #Royal Bank of Scotland #USD #Standard & Poor's #Indian diaspora #Money #Currency #Foreign Banks #Reserve Bank #dollars #central #INR #dollar deposits #FCNR
5 - 6% growth not enough to deal with poverty, says RBI

Mar 04, 2013

5 - 6% growth not enough to deal with poverty, says RBI

Reserve Bank Governor D Subbarao today said a growth rate of 5-6 percent is not sufficient for the economy, which has the potential to grow at double digit rate provided some issues are addressed. #D. Subbarao #NewsTracker #IIT Kanpur #Reserve Bank
 High rates hit margins; sales growth declines to 20% in Q2

Dec 26, 2011

High rates hit margins; sales growth declines to 20% in Q2

The Reserve Bank has hiked key interest rates 13 times since March 2010 to tame inflation. #Inflation #NewsTracker #Reserve Bank
ISACA Issues COBIT Assessment Programme

Dec 13, 2011

ISACA Issues COBIT Assessment Programme

To help enterprises ensure consistent and reliable processes. #SEBI #Reserve Bank #ISACA #Assessment #COBIT