'We can't have high inflation & low interest rate'

At a time when banks are facing a situation of rising interest rates threatening loan growth, managing the growth-inflation dynamics has became one of the main challenges of the Reserve Bank of......

Subir Gokarn appointed RBI deputy governor

Global rating agency Standard and Poor's Asia Pacific chief economist Subir Gokarn has been appointed as RBI deputy governor in place of Rakesh Mohan who quit months ahead of his retirement. "I......

SS Mundra assumes office as RBI Deputy Governor

Commercial banker Subhash Sheoratan Mundra has assumed office as the fourth deputy governor of the Reserve Bank on Thursday for a three-year term. Mundra, who led the country's second largest......

RBI yet to hear from Election Commission on bank licences

Amid reports in a section of media that the Election Commission may put a spanner on the Reserve Bank of India plan to issue the first few new bank licences by the month-end, senior-most deputy......