Tue, Nov 20, 2018
With the RBI and the government stepping away from their extreme positions, the financial market is expected to react positively. Foreign investors, who have been closely following the power tussle between the government and the RBI, will also be happy with the meeting's conclusion. The next board meeting of the RBI will now be held in Delhi on December 14.
More >
Mon, Nov 19, 2018
Centre vs RBI row: Veerappa Moily's remarks come ahead of RBI's crucial board meeting Monday with Finance Ministry nominees and some independent directors expected to take on Patel and his team over several issues, though both sides are in favour of reaching a common ground.
RBI, which had taken a stern stance, is likely to relax the PCA norms only on those banks that are showing signs of a turnaround through faster resolution of non-performing assets (NPAs) and shedding of non-core assets. The other option being weighed is a committee being jointly set up by the government and the RBI to access the merits of the corrective action undertaken by the ailing banks.
Thu, Feb 09, 2017
The government of India has appointed three non-official directors on the Reserve Bank of India’s board for a period of four years.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
