Retrofitting the Reserve Bank
John Maynard Keynes was surely right to remark that the world is ruled by ideas and little else. But he
We Need to Change: RBI’s Raghuram Rajan Memo
Mumbai: Reserve Bank of India Governor Raghuram Rajan has challenged the staff to improve the work culture at the 81-year
RBI sets rupee reference rate at 66.8905 against
MUMBAI: The Reserve Bank of India has fixed the reference rate of the rupee at 66.8905 against the US dollar
Educomp lenders looking at strategic debt restructuring
Mumbai: Lenders to digital education provider Educomp Solutions Ltd are mulling conversion of debt to a majority equity holding under
RBI imposes Rs. 1 crore fine on State
Reserve Bank has imposed a penalty of Rs. 1 crore on an SBI associate bank, State Bank of Travancore, for
Growth in retail loans tops that of corporate
MUMBAI: Retail loans have grown at more than double the pace than overall loans till the end of last year,
Utkarsh Micro Finance plans to raise Rs 500
MUMBAI: Utkarsh Micro Finance plans to raise as much as Rs 500 crore by privately selling shares to institutions as
CPI inflation hits 14-month high of 5.41% in
NEW DELHI: Consumer inflation rose to a 14-month high in November while wholesale deflation narrowed in the month because of
RBI Deputy Governor warns corporates of unhedged forex
MUMBAI: Reserve Bank of India deputy governor SS Mundra has admitted that unhedged foreign currency exposure by over-leveraged corporates continues
Rupee stares at 67 to the dollar: Why
NEW DELHI: While a slide in the dollar following a less-than-expected stimulus by the European Central Bank (ECB) spelt some