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......
FinMin sets target for MUDRA loan, Jeevan Suraksha gift chequesIn January this year, Prime Minister Narendra Modi told public sector bankers at the two-day Gyan Sangam in Pune that his......
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......
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......
Earlier, Finance Minister Arun Jaitley said there was need for more autonomy in public banks, which often faced contradictory directions from the Reserve Bank of India and the government. In a......