Search Results for: RBI's reserve

Who is Gita Gopinath? International Monetary Fund names India-born Harvard professor as chief economist

Gopinath will succeed Maurice Obstfeld, who is set to retire as the economic counsellor and director of the organisation's research department at the end of 2018.

Oct 2, 2018

Yes Bank CEO Rana Kapoor's extension objected by second-largest shareholder

The Yes Bank board had informed the shareholders that it has sought an extension of Rana Kapoor as the Managing Director and the CEO from RBI by eight months.

Oct 1, 2018

Rahul Gandhi on 'Modi's India': Let's write off Rs 3.16 lakh crore using common man's money

The Congress president also hit out at the BJP-led NDA government over a media report which, citing Reserve Bank of India (RBI) data, stated that public sector banks had written-off over seven times the recovery amount in the last four years.

Oct 1, 2018

IL&FS Annual General Meeting: Three-pronged strategy to return insolvent

The default of over Rs. 9000 crore by infrastructure company and its subsidiaries have triggered fears across all NBFCs of the country.

Sep 30, 2018

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Warren Buffett-led Berkshire Hathaway invests over Rs 21 billion in Paytm

The fresh round of investment has increased Paytm's valuation to Rs 731 billion ($10 billion).

Sep 28, 2018

SBI expects 53% recovery from RBI's first list of 12 stressed accounts

"We have made adequate provisions for this and it will not impact the balance sheet. Our average provisioning for these cases will be around 55 per cent," said State Bank of India (SBI) Managing Director Dinesh Kumar Khara.

Sep 28, 2018

ISL 2018-19: Tim Cahill reveals why he chose India over other Asian countries

Tim, the all-time top-scorer of the Australian national team, admitted that he rejected offers from various clubs from other parts of Asia before deciding to come to India.

Sep 27, 2018

With an eye on faltering rupee, RBI to raise rates next week

The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August. The US Federal Reserve is forecast to raise rates this week - its third this year - according to a separate Reuters poll.

Sep 26, 2018

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

The idea of two publically-owned companies increasing their stake in IL&FS was muted on Tuesday at a meeting held under the chairmanship of Finance Minister Arun Jaitley

Sep 26, 2018

Yes Bank board asks RBI to extend Rana Kapoor's term as CEO till September 2019

After the RBI ordered that Rana's tenure will end on January 31 2019, Yes Bank's stock fell 39 per cent wiping out a staggering Rs 32,722 crore of the shareholder wealth since close on August 30.

Sep 26, 2018

Wary finance ministry nudges RBI to tackle worsening credit crunch

Investors have been unnerved by credit concerns that have engulfed one of the biggest NBFC names in India - Infrastructure Leasing & Financial Services (IL&FS).

Sep 26, 2018

Govt to ensure liquidity in non-banking financial companies, says finance minister Jaitley

The Reserve Bank of India (RBI) and market regulator Sebi said on Sunday that they were closely monitoring the developments in the financial sector and were ready to take "appropriate actions" to calm the jittery investors.

Sep 24, 2018

Fitch upgrades India's growth forecast for FY19 to 7.8%

An upswing in manufacturing activity and revival of private investment, supported by strong consumer demand, accelerated India's GDP growth rate in the first quarter of 2018-19 to 8.2 per cent, official data showed last month.

Sep 22, 2018

Yes Bank shares dip almost 34%; record-low since market debut

At 10:34 am on Friday, the shares were trading at Rs 256.15 at the BSE, almost 19.58 per cent low since the previous close.

Sep 21, 2018

Increase in interest rates for small saving schemes; investors breathe a sigh of relief

The small savings schemes include the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), and post office time deposits.

Sep 20, 2018

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Search Results for: RBI's reserve

Who is Gita Gopinath? International Monetary Fund names India-born Harvard professor as chief economist

Yes Bank CEO Rana Kapoor's extension objected by second-largest shareholder

Rahul Gandhi on 'Modi's India': Let's write off Rs 3.16 lakh crore using common man's money

IL&FS Annual General Meeting: Three-pronged strategy to return insolvent

Warren Buffett-led Berkshire Hathaway invests over Rs 21 billion in Paytm

SBI expects 53% recovery from RBI's first list of 12 stressed accounts

ISL 2018-19: Tim Cahill reveals why he chose India over other Asian countries

With an eye on faltering rupee, RBI to raise rates next week

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

Yes Bank board asks RBI to extend Rana Kapoor's term as CEO till September 2019

Wary finance ministry nudges RBI to tackle worsening credit crunch

Govt to ensure liquidity in non-banking financial companies, says finance minister Jaitley

Fitch upgrades India's growth forecast for FY19 to 7.8%

Yes Bank shares dip almost 34%; record-low since market debut

Increase in interest rates for small saving schemes; investors breathe a sigh of relief

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]