While the retail inflation based on Consumer Price Index (CPI) moderated to 7.04 per cent in May from 7.8 per cent in April, it remained above the RBI's threshold of 6 per cent for the fifth month in a row.
Nearly 100 candidates have applied for the post of deputy governor of the Reserve Bank of India (RBI) - a position that fell vacant after Viral Acharya resigned six months before the scheduled end of his term.
Reserve Bank deputy governor MK Jain on Tuesday slammed banks for poor compliance with regulations, and pointed out that high value frauds and fines are a result of their lackadaisical attitude on this.
The bank's latest Ecowrap research report authored by SBI Chief Economist Soumya Kanti Ghosh said the exit of the Reserve Bank of India (RBI) Deputy Governor was not surprising.
Currently the Executive Director at the central bank, Vishwanathan was chosen by a search committee headed by Cabinet Secretary - the first appointment to be done through this panel.
New Delhi: The Reserve Bank is working closely with the finance ministry to facilitate criminal investigations by law enforcement agencies to bring to book loan fraudsters, deputy governor R R Gandhi has said.Containing frauds means
New Delhi: The Narendra Modi cabinet today decided to constitute a Special Investigation Team to unearth offshore black money accounts. The committee will be headed by retired Justice M. B. Shah.Retired Supreme Court judge Arijit
New Delhi: Raghuram Rajan headed search panel has zeroed in on a successor to RBI Deputy Governor K C Chakrabarty and PNB Chairman K R Kamath is believed to be top in the reckoning.Besides RBI
Mumbai, Sep 7: Reserve Bank Deputy Governor Subir Gokarn today said the central bank has no plan to ban teaser loans but warned that any such product will attract 2 percent additional provisioning.“There is no
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