Latest News on Kc Chakrabarty
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Kc Chakrabarty - Total results - 13
Feb 19, 2016
#NotEnough: Rising NPAs, opaque CDRs give govt's ease of doing business policies an uneasy twistCivil institutions like the RBI are entrusted with the responsibility of safeguarding India’s economic viability, and abdicating that responsibility endangers both national stability and national security
Nov 16, 2013
Chakrabarty blames poor credit appraisal for bad loans of PSBsUsing data from the last 20 years on the asset quality front, Chakrabarty said state-run banks, which control 75 percent of the system, report over 86 percent of the non-performing assets.
Oct 09, 2013
Customer base helps NBFCs in bank licence application: ChakrabartyThe RBI has received 26 applications for new banking licence from corporates like Tata Group, Aditya Birla, Anil Ambani's Reliance Group and Bajaj Group apart from India Post.
Oct 07, 2013
FM promises cheaper consumer loans but where's the money to fund banks?The government of India will provide public sector banks more money than what it had budgeted for, so that they can lend it to borrowers to buy two wheelers and consumer durables. And this would revive consumer demand and in turn economic growth.
Dec 09, 2012
RBI may hike NPA provision ratio if needed: ChakrabartyAccording to RBI data, the gross NPA ratios of the public sector banks stood at 3.3 percent for the fiscal ended March 2012.
Sep 07, 2012
ECB bond-buying plan could help trim CAD gap: ChakrabartyThe massive bond buying programme announced by the European Central Bank could boost capital flows into the country and help cover the huge current account deficit, Reserve Bank deputy governor K C Chakrabarty said.
Sep 04, 2012
'No need to bring infra credit under priority lending'RBI Deputy governor KC Chakrabarty said there was no need to classify banks' advances to infrastructure sector as priority sector lending (PSL) saying there is enough credit flow to this critical sector.
Aug 18, 2012
RBI deputy Chakrabarty's term extended until June 2014The deputy governor, who was appointed on June. 15, 2009, handles departments including customer services, administration and personnel management, rural planning and credit and urban banks
Aug 17, 2012
KC Chakrabarty re-appointed as RBI deputy governorReserve Bank of India Deputy Governor KC Chakrabarty got an extension of two years until 30 June, 2014.
Jun 08, 2012
High Interest rates not responsible for slow growthReserve Bank of India Deputy Governor KC Chakrabarty pointed out "infrastructure is not suffering due to lack of finance."