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Usha Thorat

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The Silver Generation: India's elderly

 When Hiren Mehta started managing a day care program for seniors in Mumbai, he had certain ideas about what older Indians wanted. "We used to have spiritual discourses and old movies here......

'Father of banking reforms', M Narasimham, passes away

 New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee. The architect of modern Indian banking,......

Jalan panel moots RBI transfer surplus reserves to govt in 3-5 years

 The Bimal Jalan committee, constituted to assess the optimum size of capital reserves that the RBI should hold, on Wednesday finalised its report, sources said. The six-member panel, under former......

Gopinath to handle Thorat's departments for now

 The Reserve Bank of India said on Wednesday Shyamala Gopinath, who is the seniormost among the three deputy governors now, will temporarily handle the departments under Usha Thorat after she......

Do not park too much money in co-operative banks

 Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay......

RBI's autonomy and image 'dented beyond repair'

 RBI staff tell Governor Urjit Patel that the central bank's image of efficiency and independence has 'gone into smithereens in no time.' Feeling 'humiliated' by events since demonetisation,......

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