13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to......
Govt reconstitutes body, says will not interfere in senior PSB appointments Former senior bureaucrat Bhanu Pratap Sharma is the new Banks Board Bureau (BBB) chairman. The government took 12 days to......
The problem of stressed assets needs to be addressed with effective recovery, says Somasekhar Sundaresan. The banking sector in India is reeling under the stress of stressed......
With losses being reported in the current quarter and the next, the rating of many PSU banks will go below the radar and if a downgrade happens, they will find it difficult to raise resources plus......
As banks reel under huge bad debts, Reserve Bank of India Governor Raghuram Rajan today said steps taken by the central bank and the government should help lenders clean up their balance sheets by......