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Home » Reserve Bank of India

02/18/2021

‘It would be a mistake to allow private sector corporate groups to own banks’

‘We still need a certain number of large public sector banks for financial inclusion and stability purposes.’ According to the latest Economic Survey, a V-shaped recovery is taking place in

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02/01/2021

Budget: Nothing but Housekeeping

The Budget would have been the perfect vehicle to introduce some bold initiatives.That opportunity has been lost through this Budget, observes Shreekant Sambrani. A Budget commentary can follow two, not

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12/29/2020

Banks need to gear up to meet new challenges following unwinding of measures to combat COVID, says RBI

Observing that banking soundness indicators are obscured under the asset quality standstill, it said, banks are raising capital in preparation of the imminent stress. Cautioning of imminent stress in the

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12/24/2020

Why RBI wants rupee to remain weak for some more time

The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that ‘Atmanirbhar Bharat’ strategy. A deluge of foreign fund inflow in India’s equity markets is

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11/24/2020

Congress opposes move to allow corporate houses set up banks

The Congress on Tuesday strongly opposed a proposed move of Reserve Bank of India (RBI) to allow corporate houses to enter the banking sector and set up banks. Its senior

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11/07/2020

RBI allows all NBFCs to co-lend with banks

Under the co-lending model, banks have to take their share of the individual loans on a back-to-back basis on their books while NBFCs are required to retain a minimum of

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Business News:
Trump State Department appointee Federico Klein arrested in connection with Capitol riots

Dangers await humans on Mars as Elon Musk sets his sights on colonization

Cramer warns a looming 'stock glut' will put more pressure on markets

The national debt will nearly double by 2051 if taxing and spending stay the same, CBO says

Demand for electric cars has grown slowly. But the tsunami is coming

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