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Committee On Fuller Capital Account Convertibility

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Farewell, AVR

One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern......

Subbarao cautions against creating 'too-large-to-fail bank'

Amidst the ongoing talks of consolidating small state-run banks to create one or two globally large size banks, Reserve Bank governor D Subbarao today cautioned against making a 'too-large-to-fail'......

RBI checks for surrogate holding in banks

The Reserve Bank of India is examining surrogate holdings of Indian companies in private sector banks. The move follows a hostile takeover attempt by a leading Mumbai-based real estate company to......

RBI to set up financial stability unit

The Reserve Bank of India (RBI) will set up a "financial stability unit" for drawing upon inter-disciplinary expertise from across various departments for carrying out periodic stress testing and......

'Govt should lower PSU bank stakes: report

In a move that is likely to attract political controversy, the committee on financial sector assessment has recommended that the banking sector should be gradually opened to foreign players and......

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