PSU banks overpay at bottom, underpay at top; I too feel 'under-paid': Raghuram Rajan
SBI Chairperson Arundhati Bhattacharya got just about Rs 31.1 lakh in the fiscal year 2015-16, while private sector major HDFC Bank's MD Aditya Puri's total remuneration for the same period was more than 30-times higher at Rs 9.7 crore.
Aug 16, 2016, 17:06 PM IST
Reduce government oversight of PSBs, give more power to boards: Raghuram Rajan
Suggesting a major reduction in government and regulatory oversight of public sector banks (PSBs), including by RBI itself, the outgoing Governor also proposed withdrawing the central bank nominees from their boards.
Aug 16, 2016, 16:39 PM IST
Raghuram Rajan wants individual bankers to take onus for large loans
Reserve Bank Governor Raghuram Rajan on Tuesday said there is a need to shift loan sanctioning process from the present committee-based approach to single banker taking up the responsibility as well as rewarding the person if the project goes on well.
Aug 16, 2016, 14:40 PM IST
PSU bank employees overpaid at the bottom, underpaid at the top: Rajan
Voicing concern over state-owned banks shunning project loans, Rajan said that such projects are still profitable.
Aug 16, 2016, 11:30 AM IST
RBI should continue with Rajan's policies on inflation: Moody's
Governor Raghuram Rajan's policy of tight leash on inflation has showed results and the Reserve Bank should continue with similar policies and communication going forward, Moody's Investors Service has said.
Aug 15, 2016, 10:25 AM IST
Modi backs new CPI target in Independence Day speech
Prime Minister Narendra Modi gave his backing to a new inflation target in a major speech on Monday, saying his government had brought down consumer price growth from double digits under the last government.
Aug 15, 2016, 08:36 AM IST
I had felt FCNR Deposits to be an idiotic idea: Raghuram Rajan
Outgoing Reserve Bank Governor Raghuram Rajan on Friday disclosed that idea of raising diaspora deposits, which changed the downward course of the rupee when he took over in September 2013, had come from bankers and he was very sceptical about it given the cost to the exchequer.
Aug 13, 2016, 00:32 AM IST
Unfair to put moral code of conduct on RBI chief: Subbarao
Former RBI governor Duvvuri Subbarao today spoke out against the idea of having a 'moral code of conduct' for the central bank head, strongly defending the right of public intellectuals like his successor Raghuram Rajan to use the gravitas of the office for public good.
Aug 12, 2016, 21:29 PM IST
Not much shift in RBI policy ahead, 0.25% cut likely: Report
With the government setting inflation target at 4 percent, the Reserve Bank is unlikely to make much shift in its stance going forward and may go for a 25 bps cut in the second half of the fiscal.
Aug 12, 2016, 16:13 PM IST
Whatever I say on PM Modi will be 'problematic': Raghuram Rajan
Reserve Bank's outgoing Governor Raghuram Rajan, whose outspoken views have often been seen as being critical of the government, feels whatever he will say on Prime Minister Narendra Modi will be "problematic".
Aug 11, 2016, 17:29 PM IST
RBI Governor Raghuram Rajan terms attacks on him 'abominable', says was open to extension
Rajan said however that he was never worried about reappointment or a future career in government and did the best in the interest of the country and he was the "best team player".
Aug 10, 2016, 17:20 PM IST
Dialogue with govt did not reach a point where I could stay on: Raghuram Rajan
Outgoing RBI Governor Raghuram Rajan on Wednesday said that he has never been worried about reappointment or future prospects of having a career in the government.
Aug 10, 2016, 14:25 PM IST
Raghuram Rajan keeps rates intact; blasts banks for being stingy on cuts
In the third bi-monthly policy review of this fiscal, RBI kept the benchmark repurchase rate (at which RBI lends to the system) at 5-year low of 6.50 percent.
Aug 09, 2016, 20:09 PM IST
Raghuram Rajan presented his last RBI policy, no rate cut made
Raghuram Rajan presented his last RBI policy, no rate cut made. Watch complete news story of Top 10 Market News for getting detailed updates!
Aug 09, 2016, 19:59 PM IST
Sensex falls 97 points, Nifty below 8,700-mark post RBI policy review
The 30-share index declined by 97.41 points, or 0.35 percent, to 28,085.16 after shuttling between 28,289.96 and 27,956.77.
Aug 09, 2016, 17:59 PM IST
Lot of scope for rate cuts in coming months: India Inc
With RBI keeping key rates unchanged in its policy review, India Inc today said it sees 'a lot of scope' for rate cuts going forward on account of lower inflation engendered by a favourable monsoon.
Aug 09, 2016, 16:05 PM IST
Raghuram Rajan launches several schemes for NPA through Credit Policy
Raghuram Rajan launches several schemes for NPA through the Credit Policy. Watch this special segment and get to know more here.
Aug 09, 2016, 15:12 PM IST
Press conference on the Credit Policy of Raghuram Rajan
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Aug 09, 2016, 15:10 PM IST
Had fantastic tenure; results to be visible in 5-6 years: Raghuram Rajan
Terming his tenure as "fantastic", RBI Governor Raghuram Rajan on Tuesday said snap judgements by critics do not matter as he has made useful contributions and the results will visible in the next 5-6 years.
Aug 09, 2016, 14:34 PM IST
India may set policy rates by panel in October: RBI's Rajan
The Reserve Bank of India may decide its interest rates through the monetary policy committee in October, outgoing RBI Governor Raghuram Rajan said on Tuesday, shortly after leaving key repo rate unchanged.
Aug 09, 2016, 13:47 PM IST
