Reserve Bank of India (RBI) governor Urjit Patel may have to appear before the public accounts committee (PAC) of Parliament on February 6 again as the panel wants to hear his replies on demonetisation issues at the earliest. Patel, who along with the board ... The Financial Chronicle, 1 month ago
Demonetisation put RBI reputation at risk: Chidambaram - Sify, 1 month ago
Par panel to summon Urjit Patel again on Apr 20 - Deccan Herald, 15 hours ago
While the Reserve Bank and the Economic Survey of the finance ministry have projected India to grow at 6.9 per cent and 6.5 per cent in current fiscal, the International Monetary Fund estimates it to be 6.6 per cent. Paris-based think tank OECD on Tuesday cut India's growth forecast to 7 per cent for 2016-17 in view of demonetisation, but said the pace will accelerate to 7.3 per cent in the next fiscal. The Organisation for Economic Cooperation and Development (OECD) had in February last year ...Rediff.com, 3 weeks ago Govt replies to RBI union Deccan Herald, 2 months ago The Times of India shared a link. Current News India, 2 months ago Finance Ministry rubbishes reports of breaching RBI autonomy MSN India, 2 months ago
The response from the finance ministry on a Reserve Bank of India report about the introduction of Sharia banking in India cannot be disclosed, the central bank has said. The RBI was asked to give a copy of the letter sent to it by the ministry on the recommendation of its Inter Departmental Group regarding Islamic banking. The central bank had sought a response from the department of financial services under the finance minister as to whether their letter can be disclosed under the Right ...Rediff.com, 3 weeks ago Can't share details of govt response on Sharia banking: RBI Money Control, 3 weeks ago Cant share details of govt response on Sharia banking: RBI Asia Net India, 3 weeks ago
NEW DELHI (Reuters) - India's finance ministry on Wednesday backed a call by the Reserve Bank of India to set up an institution similar to a "bad bank," saying urgency was needed to address troubled loans weighing on the banking sector that were hobbling ...Reuters, 4 weeks ago India needs to create bad bank quickly: CEA Arvind Subramanian Money Control, 4 weeks ago UPDATE 1-India needs to create 'bad bank' quickly - finmin aide Sify, 4 weeks ago 'If India has to grow, emphasis must be on the poor' Rediff.com, 1 month ago
More from: Sify, Reuters...and 2 other sources
Refuting allegations of interference by an Reserve Bank of India union, the finance ministry today said the government fully respects independence and autonomy of the central bank. "Consultations between the government and the RBI are undertaken on various matters of public importance wherever such consultation is mandated by law or has evolved as a practice. Consultations mandated by law or as evolved by practice should not be taken as infringement of autonomy of RBI," the ...Rediff.com, 2 months ago Govt respects independence, autonomy of RBI: Finance Ministry Money Today, 2 months ago
More from: , Business Standard...and 2 other sources
Political intervention and not taking the Reserve Bank of India (RBI) into confidence by the Centre, while announcing its decision to demonetise currency notes, were some of the prime issues raised by the protesting RBI employees on Saturday.Speaking to ANI, ...Business Standard, 2 months ago
ICICI, SBI Witnessed Most Frauds In 2016; Bank Of Maharashtra Detects Rs 6 Cr UPI Fraud, Files FIR Against 50!
As per latest Reserve Bank of India (RBI) data, ICICI Bank and SBI has emerged as the banks which witnessed most number of frauds between April-December 2016 period. Incidentally, ICICI Bank is the largest private sector bank, while SBI is the largest public ...Trak.in, 1 week ago ICICI Bank, SBI saw most frauds in first 3 quarters Sify, 1 week ago
The currency note printing press of Reserve Bank of India has refused to disclose its printing capacity, even as similar information is available on its website.Responding to an RTI application by Pune-based activist Vihar Dhurve, Bharatiya Reserve Bank Note Mudran Private Limited cited 8(1)(a) of the Right to Information Act to deny information.The section allows a public authority to withhold the information disclosure of which would prejudicially affect the sovereignty and integrity of ...Rediff.com, 1 month ago No plans to introduce Rs 1000 notes: Shaktikanta Das Deccan Herald, 4 weeks ago 94% of demonetised currency back in banks Rediff.com, 2 months ago Cannot disclose reasons behind demonetisation, says RBI Sify, 2 months ago
India is a "bright spot" in the world economy, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday, adding the impact on growth from the government's cash crackdown would wear off soon. Delivering his fourth budget address to ...DNA, 1 month ago UPDATE 2-India budgets for recovery, and for the poor, after cash crunch Sify, 1 month ago Indian budget to try and ease pain from cash crunch Sify, 1 month ago India budgets for recovery, and for the poor, after cash crunch Sify, 1 month ago
* NSE index down 0.24 pct, BSE index 0.04 pct lower * NSE bank index set to snap six sessions of gains * Reliance Industries top percentage gainer By Samantha Kareen Nair Feb 27 (Reuters) - India's NSE index swung betweengains and losses on Monday, taking a ...Sify, 3 weeks ago Nifty volatile; financials weigh on markets Sify, 3 weeks ago Indian shares trade lower ahead of RBI policy meet; auto stocks drag Sify, 1 month ago Sensex, Nifty trade lower ahead of RBI policy meet; auto stocks drag Sify, 1 month ago
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