Reserve Bank of India

Who is Sudha Balakrishnan? Reserve Bank of India gets its first CFO

Sudha Balakrishnan, the new chief financial officer of RBI, is a chartered accountant and was a vice-president at the National Securities Depository Limited until recently. She is the 12th executive director of RBI and has come on board for a term of three years. May 28, 2018
bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Macro-data, rupee to fuel equity market's trajectory

A reversal in the rupee's trajectory was seen late last week as it strengthened by 23 paise to close at 67.78 against the US dollar. Even domestic fuel prices are expected to fall after the Brent crude cost eased to around $76 from $78 per barrel last Friday. May 27, 2018
PNB

Fraud-hit PNB rapped for not making timely regulatory disclosures

PNB, India's second-largest state-run bank, said in February two jewellery groups had defrauded it of more than $2 billion by raising credit from overseas branches of other Indian banks via illegal guarantees issued by rogue PNB staff over several years. May 18, 2018