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The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
India needs to spur growth amid low inflation outlook: RBI's MPC

RBI has lowered its inflation target for April-September to 3.2-3.4 per cent from the 3.8-4.2 per cent seen in Dec.

22 Feb 2019 11:29 AM IST

The meeting was chaired by Prime Minsiter Narendra Modi. Home Minister Rajnath Singh, Defence Minsiter Nirmala Sitharaman, External Affairs Minister Sushma Swaraj and Finance Minister Arun Jaitley attended the meeting. (Photo: ANI | Twiiter)Business
Finmin expects NPA recovery of Rs 1.80 lakh crore in FY19

So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).

21 Feb 2019 10:01 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.Business
Lose fiscal, monetary policies not to boost economy; growth to slow...

Fiscal and monetary policies are turning expansionary but are unlikely to change the near-term trajectory,says Nomura...

20 Feb 2019 1:36 PM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Disclosure of Nil Divergence as per regulatory norms: Yes Bank

The exchange had sought clarification from the bank regarding Risk Assessment Report for the year ended March 31, 2018.

20 Feb 2019 1:11 PM IST

Shaktikanta DasOpinion
RBI toes government's line

There shouldn't be any harm to the nation's finances if the subsidies and handouts don't lead to any inflationary...

20 Feb 2019 3:00 AM IST

Bajaj Finserv, through its lending arm, Bajaj Finance Ltd., has announced a new feature hybrid flexi option.Business
Smart investment moves for FY 2019-20

Investment returns heavily depend on the economic conditions and the fluctuations in repo rate.

19 Feb 2019 1:53 PM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Yes Bank shares plunge over 8 per cent post RBI censure

Yes Bank stock recovered some of the lost ground and was trading at Rs 212.30, down 2.93 pc during the afternoon trade...

18 Feb 2019 2:18 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)Business
Will meet bank heads on Feb 21 on transmission of rate cut:...

Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.

18 Feb 2019 1:12 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.Business
Liquidity constraints continue in the market despite bank recoveries:...

At the same time, over 90 per cent of respondents said infrastructure continues to remain a key sector with high NPAs.

18 Feb 2019 11:48 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
First time in FY19, RBI becomes net buyer of dollars in Dec

The central bank bought USD 837 million and sold USD 230 million in the spot market during the reporting month.

17 Feb 2019 11:34 AM IST

Meanwhile, Congress MP Rajni Patil gave zero hour notice in Rajya Sabha over the issue of 33 per cent reservation for women in Parliament and Assembly. (Photo: ANI)Business
Govt may consider approval of Rs 5,500-cr FAME-II scheme this month

The scheme in its second phase will offer a bouquet of incentives, such as exemption from paying road tax, registration...

17 Feb 2019 11:00 AM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
RBI threatens action against Yes Bank for disclosing nil divergence...

Yes Bank had said the RBI has not found any divergence in the asset classification, provisioning done by the lender...

16 Feb 2019 2:10 PM IST

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