Separate morality from NPA clean-up: Rajan

If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said. Amid raging controversy over loan defaults by......

Why RBI is keeping a close watch on inflation, monsoon

RBI Governor wants to limit inflation to 5 per cent by March 2017. Reserve Bank of India is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate......