Topic: RBI
Yes Bank’s troubles run deeper and a cleanup appears harder
RBI may eventually have to arrange for Yes Bank to be swallowed by a bigger bank. But a long line of suitors is unlikely.
Banks are shutting down ATMs even as people use them more
The number of ATMs in the country shrank in the past two years despite an increase in transactions, Reserve Bank of India figures show.
This is why India’s automobile industry has had its worst month in 8 years
SIAM data shows that automobile sales declined by 15.93% in April 2019, but industry experts say this was only to be expected due to a number of factors.
RBI warns finance panel of more fiscal slippages for states
The remarks were made during a meeting between the members of the 15th Finance Commission and the RBI.
Modi’s 5 years have been the most traumatic, must be showed the exit door: Manmohan Singh
India headed for an economic slowdown and Modi govt has left the economy in dire straits, said former PM Manmohan Singh.
Why political meddling with central banks, like in India, is a terrible idea
Undoing the consequences of political meddling and restoring faith in a central bank – and the country’s currency – often requires a lot of short-term pain.
Improved credit growth doesn’t mean there is an improvement in the health of Indian banks
Latest bank credit data, with highest reported growth to infra sector, highlights lack of fundamental reform in India’s banking sector.
60% ATMs still don’t have upgraded security features as RBI deadline nears
Sources say RBI is set to extend the deadline for 6 months or till the end of the 2019-20 fiscal as banking officials look to ensure that ATM operations are ‘not disrupted’.
Shaktikanta Das will remain RBI governor, no matter who wins Lok Sabha elections
A career-bureaucrat, Shaktikanta Das has worked in governments of Modi’s BJP and Congress & is equally comfortable with both.
Banks Board Bureau, Modi govt’s answer to woes of PSU banks, is yet to start delivering
Since 2016, PSBs’ performance has only gone downhill despite Banks Board Bureau’s mandate to reinvent them for greater efficiency, among others.
Why Right-wingers and lapsed liberals hate Romila Thapar, the mother of history in India
The dislike for Romila Thapar is embedded in belief that Left-liberal monopoly on scholarship has denied Hindus their rightful place in history.
With Lok Sabha elections over, how can India and Pakistan now repair fractured ties?
Pakistan Prime Minister Imran Khan is considering appointing a national security adviser to revive backchannel diplomatic talks with India.
Defence
RAW & IB chiefs, cabinet & defence secretaries — the key appointments awaiting new govt
The new govt will also appoint the IAF chief after incumbent Air Chief Marshal B.S. Dhanoa retires in September.
Pracharak Modi: The mask you see, is the man you get
India has its first leader who is unapologetic about belonging to the social and political Right. This is how Shekhar Gupta foresaw Modi’s five years in this National Interest within three months of his victory in 2014.