Usha Thorat

4 months of note ban: More questions than answers on Narendra Modi’s grand move

Demonetisation is still seen as a heroic act by Modi and will, probably, remain so. The missing link, so far, in this fascinating story is hard data on the progress

RBI autonomy: Why Urjit Patel must stand up now to reclaim central bank's integrity

For the sake of India’s aspiring economy and its larger democratic ideals, it is vital that the RBI’s autonomy is protected

Committee on new bank licences to meet tomorrow

There are 25 entities who have applied for baking license

Customer base helps NBFCs in bank licence application: Chakrabarty

The 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.

New RBI norms for NBFCs are good but may give rise to new set of illegal lenders

The new regulations will weed out weak and non-serious players from the NBFC business; but many of them, which fail to survive in the new regime, would continue to operate underground

ONGC gets 3 new directors, govt to sell 5% stake in FPO