The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a......
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.''The Indian economy and financial sector are now well-placed and very resilient in dealing with......
'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......
'This year in the first half we had profits of more than Rs 31,000 crore.' 'We have a plan to plough back a significant amount of profits this financial year.' 'We have seen this organic plough......
'The Indian economy and the Indian financial sector today remain resilient and much better placed.' Illustration: Dominic Xavier/Rediff.com Amid much debate over whether the current firm growth in......