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Sunday, May 19, 2024
TopicReserve Bank of India

Topic: Reserve Bank of India

Urjit Patel couldn’t resist demonetisation, Modi’s previous bad idea. He should resist now

Resource-strapped Modi govt wants RBI’s surplus capital. But that can deplete RBI’s net worth & make it ineffective.

Finance minister Arun Jaitley meets Urjit Patel as rift widens

RBI under Patel has been pushing for more powers to clean up bad debts, but the Modi government wants banks to continue lending

The clock is ticking on the patience of Indian equity funds investors

Of 416 open-ended, onshore equity funds, 401 have lost money. Imagine the peril if investors give up on funds sitting on hard-to-liquidate portfolios.

RBI on its own cannot solve the NPA crisis in Indian banking sector

There is need for a broader action plan, involving various government bodies, to fight the NPA crisis in banking sector.

The untold story behind Modi government’s shock takeover of IL&FS

The Modi govt had been monitoring IL&FS for two weeks and decision to oust its board was taken by finance minister Arun Jaitley.

Lesson from IL&FS crisis: Indian finance firms need to hold assets that can be collateral

Lenders like IL&FS have amassed large balance sheets but their assets can’t be easily pledged even in normal times.

Oil shock puts rupee on course to beat taper-tantrum losses in 2013

Predictions that crude could return to $100 per barrel signal that things may get a lot worse for rupee in final 3 months of 2018.

RBI will go slow on raising rates, says investor who foresaw liquidity crisis

Suyash Choudhary of IDFC says RBI will risk financial stability and seriously hurt growth if it adds to the two rate increases since June.

Lower borrowings by Modi govt may not help battered bond market

Modi govt may trim its borrowings for second time this year but it is not likely to lift the pall over the bond market.

Crisis-hit IL&FS plans Rs 300 billion asset sales to raise funds

Defaulter IL&FS plans to sell 25 assets and has received investor interest for 14 of them.

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many agencies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?