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'New Rbi Governor' - 57 News Result(s)

  • SLR cut hinges on fiscal correction push under new government: Reserve Bank

    SLR cut hinges on fiscal correction push under new government: Reserve Bank

    Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday said the process to bring down the high statutory liquidity ratio (SLR) will be taken forward if the new government moves ahead on the path of fiscal consolidation.

  • Banking licence: Election Commission gives RBI go-ahead

    Banking licence: Election Commission gives RBI go-ahead

    Earlier on Tuesday RBI Governor Raghuram Rajan said, "Once the Election Commission clears, we will be in a position to announce banking licences fairly quickly."

  • RBI sought Election Commissions nod on bank licence as matter of caution

    RBI sought Election Commissions nod on bank licence as matter of caution

    Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday said the apex bank sought the Election Commission's nod over the issue of grant of new bank licences as a matter of caution.

  • RBI yet to hear from poll panel on bank licences: Chakrabarty

    RBI yet to hear from poll panel on bank licences: Chakrabarty

    Amid newspaper reports that the Election Commission may put a spanner on the Reserve Bank plan to issue the first few new bank licences by the month-end, senior-most deputy governor KC Chakrabarty on Thursday said the central bank is yet to hear from...

  • Bimal Jalan panel on bank licence expected to finish work by March

    Bimal Jalan panel on bank licence expected to finish work by March

    RBI constituted a high level advisory committee under the chairmanship of former RBI Governor Jalan for screening of 25 applications for new banks in the private sector.

  • RBI Deputy Governor Anand Sinha retires

    RBI Deputy Governor Anand Sinha retires

    Reserve Bank of India (RBI) Deputy Governor Anand Sinha, who was looking after the new bank licence process has retired, even as procedure of granting licences to the private sector is yet to be completed.

  • Jalan committee on new bank licences to meet on February 10

    Jalan committee on new bank licences to meet on February 10

    The committee held its first meeting on November 1. Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave and Nachiket M Mor, Director of the Ce...

  • The week ahead: Markets to seek higher levels as Raghuram Rajan triggers another rally

    The week ahead: Markets to seek higher levels as Raghuram Rajan triggers another rally

    The week ahead should see the markets seek new highs as strong foreign flows and improved sentiment drive stocks higher. The Raghuram Rajan effect again played out as the RBI Governor did the unthinkable and left lending rates unchanged on expectatio...

  • The Raghuram Rajan effect: Stocks rally, bond yields crash

    The Raghuram Rajan effect: Stocks rally, bond yields crash

    Three months into his new job, Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday moved to shed his hawkish inflation stance and surprised the markets and analysts by unexpectedly holding key rates.

  • Jalan committee on new bank licences to hold meeting on Monday

    Jalan committee on new bank licences to hold meeting on Monday

    The committee held its first meeting on November 1. The other members of the high-level advisory committee (HLAC) are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Direct...

  • New bank licences: Jalan panel to finalise report 3 months after RBI scrutiny

    New bank licences: Jalan panel to finalise report 3 months after RBI scrutiny

    An expert committee headed by former Reserve Bank of India (RBI) Governor Bimal Jalan has said it will submit its report on applications for new bank licences three months after the apex bank completes scrutiny of all 25 applicants.

  • RBI may hike rates after inflation hits 8-month high

    RBI may hike rates after inflation hits 8-month high

    The Reserve Bank of India has already hiked the key repo rate by 25 basis points (0.25 per cent) twice since Raghuram Rajan took over as the governor in September. Another hike in repo rate would mean higher EMIs for existing home loans and higher in...

  • Panel on new bank licences holds first meeting

    Panel on new bank licences holds first meeting

    The four-hour long meeting of the high-level advisory committee (HLAC) was attended by other members---Usha Thorat, former RBI Deputy Governor, C B Bhave former SebiI chief, and Nachiket M Mor, Director of the Central Board of Directors of RBI.

  • India's failing economy: smoke and mirrors

    India's failing economy: smoke and mirrors

    These days, it seems that we are being inundated with daily news about an Indian economic "comeback" of sorts. The Sensex is hitting daily highs, the new RBI governor, Raghuram Rajan seems to have brought a sense of euphoria to the country through "s...

  • New RTGS system to improve financial market efficiency: Raghuram Rajan

    New RTGS system to improve financial market efficiency: Raghuram Rajan

    "With its advanced liquidity and queue management features, the new RTGS system is expected to significantly improve the efficiency of financial markets," Dr Rajan said while inaugurating the ISO 20022-compliant system.

  • Provisional list of new banks by January, says RBI Deputy Governor

    Provisional list of new banks by January, says RBI Deputy Governor

    Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty has said that only a provisional list of new bank licencees will be announced by January and it will take at least two years for a player to become operational.

  • RBI sets up 3-member panel to scrutinise new bank licences

    RBI sets up 3-member panel to scrutinise new bank licences

    The Reserve Bank of India (RBI) has set up a three-member committee led by former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by January.

  • Cheap loans for two-wheelers, consumer durables likely soon

    Cheap loans for two-wheelers, consumer durables likely soon

    The decision was taken at a meeting between finance minister P. Chidambaram and new Reserve Bank governor Raghuram Rajan. A reduction in interest rates is likely to drive demand in the festive season and will also benefit lenders, who have been under...

  • RBI likely to finish scrutiny for new bank licence in 1 month

    RBI likely to finish scrutiny for new bank licence in 1 month

    Soon after Raghuram Rajan took charge as the 23rd Governor of RBI this month, he had said that an external committee would be headed by Jalan to screen the 26 applications for bank licences.

  • Raghuram Rajan says easy central bank policy risks new crises

    Raghuram Rajan says easy central bank policy risks new crises

    Central banks risk sparking new crises by keeping their loose policy in place for too long, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Thursday.

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