R Gandhi

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R Gandhi - Total results - 24
Yes Bank says appointment of former RBI Deputy Governor R Gandhi as additional director a positive move
Business

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
Business

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
Business

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

RBI appoints former deputy governor R Gandhi as additional director on Yes Bank board for two years
Business

RBI appoints former deputy governor R Gandhi as additional director on Yes Bank board for two years

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.

Banks confused on biometric use post Aadhaar verdict, says former RBI deputy governor R Gandhi
Business

Banks confused on biometric use post Aadhaar verdict, says former RBI deputy governor R Gandhi

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?
Business

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
Business

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.

SEBI board to meet tomorrow: Amendment to buybacks on agenda; watchdog to revise norms to set up stock exchanges
Business

SEBI board to meet tomorrow: Amendment to buybacks on agenda; watchdog to revise norms to set up stock exchanges

SEBI plans to bring in new ownership norms for setting up of stock exchanges as it feels that entry of new players can benefit investors with better product choices

RBI Deputy Governor raises concerns over adoption of virtual currencies such as Bitcoin
News & Analysis

RBI Deputy Governor raises concerns over adoption of virtual currencies such as Bitcoin

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.

Weekly cash withdrawal limit raised to Rs 50,000 from 20 Feb; curbs to go from 13 Mar
Business

Weekly cash withdrawal limit raised to Rs 50,000 from 20 Feb; curbs to go from 13 Mar

The deputy governor said the new notes have enhanced security and design features, and are not easy to copy

RBI says it has disbursed Rs 5.93 lakh crore so far, but the math still doesn't add up
Business

RBI says it has disbursed Rs 5.93 lakh crore so far, but the math still doesn't add up

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

Aadhaar: Raghuram Rajan welcomes SC order, says it will help widen financial inclusion
Business

Aadhaar: Raghuram Rajan welcomes SC order, says it will help widen financial inclusion

Talking about the NPAs, Rajan said the RBI has given a lot of power to banks to recover bad loans

Gandhi is right; NPAs warrant urgent action but banks have no magic wand to cut them
Business

Gandhi is right; NPAs warrant urgent action but banks have no magic wand to cut them

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

RBI deputy governor Gandhi says banks need to urgently reduce stressed assets
Business

RBI deputy governor Gandhi says banks need to urgently reduce stressed assets

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 asks public sector banks to space out fund-raising plans
Business

RBI asks public sector banks to space out fund-raising plans

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.

Public sector banks will need additional capital to meet adequacy norms: RBI
Economy

Public sector banks will need additional capital to meet adequacy norms: RBI

Finance Minister Arun Jaitley had earmarked Rs 7,940 crore in the Budget for recapitalisation of PSU banks during the current fiscal.

Lack of professionalism, resisting tech ailing coop banks: RBI
Business

Lack of professionalism, resisting tech ailing coop banks: RBI

The RBI deputy governor feels cooperative segment's true potential has not been fully achieved.

RBI worried about bad loans, warns banks over poor asset quality
Business

RBI worried about bad loans, warns banks over poor asset quality

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