Yes Bank says appointment of former RBI Deputy Governor R Gandhi as additional director a positive move
Yes Bank on Friday said the appointment of former RBI Deputy Governor R Gandhi as an additional director on its board is a positive move which will not impede smooth functioning at the private sector lender
Appointment of former RBI deputy governor R Gandhi to Yes Bank board may be precautionary: Macquarie
Earlier this week, the Reserve Bank of India (RBI) appointed former Deputy Governor R Gandhi as an additional director to the board of Yes Bank
Yes Bank shares tumble over 8% after RBI appoints R Gandhi as additional director; market-cap drops by Rs 2,873 cr
Shares of Yes Bank plummeted over 8 percent on Wednesday after the RBI appointed an additional director on the board of the private sector lender
The private lender said its board "heartily" welcome the appointment of Gandhi given his impeccable background and track record as a highly respected Regulator in India.
Former RBI deputy governor R Gandhi on Tuesday said following the Supreme Court order in the Aadhaar case, there is great uncertainty, confusion and reluctance on the part of banks and financial institutions to use biometrics as the basis for identifying individuals
Rahul Gandhi says if corporate loans can be waived, why not for farmers too; but does one wrong justify another?
On the issue of farmer distress, Rahul Gandhi’s speech was nothing but good politics and bad economics
Ex-RBI deputy governor R Gandhi cautions against frequent loan waivers, stresses on maintaining credit discipline
Asked if he felt any predictable shift in how the world looks at India even as Modi govt is nearly completing its term, Gandhi said post-reforms all governments never reversed their steps to strengthen country's economy.
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Gandhi said virtual currencies are stored in digital electronic form and are prone to losses arising out of hacking, loss of password, and malware attacks.
The deputy governor said the new notes have enhanced security and design features, and are not easy to copy
The gap between what the apex bank claims it has disbursed and what, according to its own earlier numbers, it could possibly have disbursed, has now grown to over Rs 66,000 crore
Talking about the NPAs, Rajan said the RBI has given a lot of power to banks to recover bad loans
It isn’t easy to address the present bad loan problems of Indian banks since the rot runs deeper, unless the government wakes up to the problem and act with urgency to save the banking sector
His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again
RBI deputy governor R Gandhi said there is a need for banks to shore up their capital in view of the migration to the capital-intensive Basel-III framework over the next four years and added that there are many ways to do so.
Finance Minister Arun Jaitley had earmarked Rs 7,940 crore in the Budget for recapitalisation of PSU banks during the current fiscal.
The RBI deputy governor feels cooperative segment's true potential has not been fully achieved.
RBI Deputy Governor R Gandhi has been warning lenders on the need to improve asset quality, reinforcing concerns about NPAs that continue to weigh on earnings