The Reserve Bank of India’s (RBI’s) proposal to allow large corporate houses to set up banks is a “bombshell”, former RBI governor Raghuram Rajan and ex-deputy governor Viral Acharya wrote in a joint article on Monday.
Even after the last policy rate reduction, only two banks–SBI and Bank of Maharashtra–chose to do something, by lowering just one-fifth of what the RBI did Source: Business Standard Reserve Bank governor Shaktikanta Das Thursday met bankers and appealed… Read More ›
Jeffrey Levine Source: Forbes When it comes to retirement planning and building up the proverbial “nest-egg,” there are few pieces of advice more universally accepted than “save as much as possible as early as possible.” Certainly, taking such action… Read More ›
Giving thumbs down to the loan waiving tendencies of the Indian government, the IMF chief said that such policies need to be revisited. India Today Web Desk New Delhi January 22, 2019 International Monetary Fund (IMF) Managing Director Christine Lagarde… Read More ›
Mehul Choksi has deposited his Indian passport number Z 3396732 with cancelled pages to the Indian High Commission in Antigua. Ankit Kumar Munish Chandra Pandey New Delhi, January 21, 2019 UPDATED: January 21, 2019 11:29 IST Source: India Today… Read More ›