Former SBI chief Pratip Chaudhuri told NDTV that RBI (Reserve Bank of India) Governor Raghuram Rajan is using the "wrong levers" to reduce interest rates. SBI is the country's largest lender by assets. "RBI is looking at wrong levers to reduce the ... NDTV Profit, 3 weeks ago
Former SBI chairman Pratip Chaudhury said that picking PSU bank chiefs from private sector banks depends on the people overlooking the process. Candidates from private sector banks have been shortlisted for interviews for the post of chief executive officer ...India Infoline, 2 months ago Picking PSB heads from pvt banks: Focus on managers of test Moneycontrol.com, 2 months ago Govt banks weigh hike in profit share for staff Smart Investor, 1 month ago SBI wants higher profit share for staff, others follow suit Smart Investor, 1 month ago
Mumbai: The Reserve Bank of India (RBI) on Wednesday gave in-principle approval to 11 entities to open payments banks that will widen the reach of banking services and push the government's goal of financial inclusion. The new category of banks, ...Livemint.com, 1 week ago
In April, Rajan had termed the demand for CRR cut as ‘irrelevant’. Dismissing IBA's demand for a cash reserve ratio cut to better help banks reduce lending rates, RBI Governor Raghuram Rajan on Tuesday said the mandatory ratio will continue to fetch them zero interest, and cutting the key repo rate in fact helps them better to reduce cost of funds. "I don't understand this discussion on CRR or the cash reserve ratio that sometimes comes up. . .this is a question that some bankers ...Rediff.com, 2 months ago
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