Banking system is overburdened with non-performing loans and there is a need to adequately professionalise boards of PSBs.
14 Dec 2018 5:07 PM
Inhibits investment in the farm sector put pressure on the fiscal of states which undertake farm loan waiver.
14 Dec 2018 2:32 PM
PSBs still not adequately professionalised and there is a need to substantially improve risk management.
14 Dec 2018 10:03 AM
The autonomy of the central bank is the crucial issue here.
11 Dec 2018 1:22 AM
Patel, who faced possibility of unprecedented action from govt over differences on issues, resigned from his job, citing personal reasons.
10 Dec 2018 7:42 PM
The government’s own data shows there were over 8,670 fraud cases totalling Rs 6,12,600 crores over the past five years, upto March 31, 2017.
22 Nov 2018 12:05 AM
Mr Rajan said for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major headwinds.
10 Nov 2018 4:45 PM
Banks can kick-start lending and support growth, and transferring more dividend to boost liquidity.
07 Nov 2018 11:09 AM
Dr Rajan said it would be best if each side respected the other’s motivation and thoughts.
07 Nov 2018 1:07 AM
Central bank has the liberty to say no if the government pushes it to be lenient, says Rajan.
06 Nov 2018 5:30 PM
The names of wilful defaulters are being sought although this might be met with stonewalling by the authorities.
06 Nov 2018 1:50 AM
CIC has asked PM's Office, Finance Ministry and RBI to make public the letter of Raghuram Rajan on bad loans.
05 Nov 2018 8:03 AM
The economic problems should not however make us gloss over the severe institutional stress between the government and RBI.
04 Nov 2018 12:25 AM
The government also had its differences with RBI governor Raghuram Rajan and that was why, it is said, he was not given a second term.
23 Oct 2018 12:03 AM
Rajan, who was RBI governor for three years till September 2016, is currently teaching at the Chicago Booth School of Business.
26 Sep 2018 9:14 AM
Mr Jaitley said that banks must strive to be seen always as institutions of clean and prudent lending.
26 Sep 2018 12:40 AM
The only conclusion is that banks are still tied to the government’s apron strings.
13 Sep 2018 12:32 AM
A brutal exposition of all the warts that adorn India's perilously poised banking system.
12 Sep 2018 8:48 AM
A larger number of bad loans were originated in the period 2006-2008 when economic growth was strong.
11 Sep 2018 10:21 AM
Interestingly, Prime Minister Narendra Modi and Mr Rajan are on the same page on the quality of governance in banks.
05 Sep 2018 1:17 AM