RBI's Monetary Policy Committee to begin meet tomorrow; repo rate, inflation among issues on agenda
• 7 years agoThe seven-quarter-high growth rate of 7.7 percent and a normal monsoon forecast has reduced clamour for a cut in the repo rate by RBI.
Monetary policy: RBI dumps GVA model, switches back to GDP to measure economy
• 7 years agoRBI deputy governor Viral Acharya on Thursday said the switch to GDP from GVA is mainly to conform to international standards
RBI monetary policy: Central bank unsatisfied with MCLR, asks banks to lower rates further
• 8 years agoRBI has been repeatedly complaining about banks not doing enough to pass on the full benefit of its rate actions to the borrowers
RBI mulls public credit registry to improve credit culture: Deputy governor Viral Acharya
• 8 years agoPCR will provide a complete picture that is necessary for supervisors and policy makers to assess credit risk of the entire system
Idea of bank to tackle bad loans gaining traction: CEA Arvind Subramanian
• 8 years agoVarious proposals are being brought to forefront, Arvind Subramanian said, adding, "there is a need to get that (bad bank) thing quickly".
Exclusive: Worst is over on NPAs, but a few chunky accounts remain, says SBI’s Arundhati Bhattacharya
Dinesh Unnikrishnan123 • 8 years agoTo dig out the hidden bad loans in the banking system, the RBI, in late 2015, had initiated a bad loan clean-up process under former governor, Raghuram Rajan.