K C Chakrabarty

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  Former RBI Deputy Governor KC Chakrabarty Dies At 68

  Mr Chakrabarty, a commercial banker-turned-central banker, died at his home in suburban Chembur, banking industry sources said.

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  Indiabulls Housing to Buy 40% in UK Bank for $100 Million

  Indiabulls Housing Finance said the investment has been identified and approved by the Strategic Investment Committee for Liability Franchise Development headed by K C Chakrabarty, an independent director on the Board and ex-Deputy Governor of the Reserve Bank of India, specially constituted by the Board for the purpose of creating a practical road...

• PNB's Kamath leads race to succeed Chakrabarty as RBI Deputy Governor: report

  A search panel, headed by Reserve Bank of India (RBI) Governor Raghuram Rajan, has zeroed in on a successor to Deputy Governor K C Chakrabarty and Punjab National Bank chairman K R Kamath is believed to be top in the reckoning, according to an official privy to the development.

• No 'magic wand' with RBI to help United Bank: RBI Deputy Governor

  Reserve Bank Deputy Governor K C Chakrabarty on Thursday said the apex bank does not have any "magic wand" to bring back United Bank of India (UBI) on track and the troubled lender's employees have to work hard to tide over the ongoing crisis.

• More banks importing gold can bring down prices: RBI Deputy Governor

  Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty on Thursday defended the decision to allow more banks to import gold, saying presence of more players will lead to lower cost and help the country's external balances.

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  RBI Deputy Governor Chakrabarty resigns

  Reserve Bank of India (RBI) Deputy Governor Kamalesh Chandra Chakrabarty has submitted his resignation because of personal reasons.

• India cannot afford to invest in gold import: RBI Deputy Governor

  India cannot afford to invest in import of gold in view of its negative current account deficit, according to Reserve Bank of India Deputy Governor K C Chakrabarty.

• RBI asks people to be cautious of Bitcoins

  There was no regulation on Bitcoin anywhere in the world and so people should be cautious, should understand, RBI Deputy Governor K C Chakrabarty told reporters here.

• Banks wrote off Rs 1 lakh crore over last 13 years: RBI Deputy Governor

  Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty has said banks have written off a whopping Rs 1 lakh crore in the past 13 years and criticised the lenders because as much as 95 per cent of these write-offs were for large borrowers.

• RBI Deputy Governor blames poor credit appraisal for bad loans

  Reserve Bank of India Deputy Governor K C Chakrabarty on Saturday attributed the high incidence of stress on the books of public sector banks (PSBs) to poor credit appraisal and management and asked them to be economical with recasts, if not end the system of restructuring.

• 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.

• Blame high inflation, not RBI, for killing growth: deputy governor

  "You don't blame the RBI for killing growth, you blame inflation for killing growth...our pursuing moderate or low inflation objective is to facilitate growth and not to kill growth," he said, addressing students of a management school here.

• Government's cheap loan plan can have adverse effect: RBI deputy governor

  Even as government plans to prop up demand through lower rates of interest for auto and consumer loans, senior-most RBI deputy governor K C Chakrabarty today said this can have an adverse impact on their asset quality as "no one can force" lenders to selectively cut rates.

• Panel of secretaries on NSEL to meet again on Sept 20

  The two working groups -- one under the Enforcement Directorate and the other one under RBI Deputy Governor K C Chakrabarty -- were formed last month to look into the payment crisis at the commodity exchange.

• New banks will improve efficiency in system: RBI deputy governor

  Entry of new players in Indias banking sector will improve efficiency in the system, Reserve Bank of India deputy governor K C Chakrabarty has said.