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BusinessToday.In
October 19, 2018
A search committee appointed by the finance ministry is expected to finalise the list of suitable candidates soon and appointment is likely in one to two months.


Prosenjit Datta
New Delhi, October 11, 2018
The cleanup of the financial system was actually initiated by the previous governor, Raghuram Rajan, when he started the Asset Quality Review (AQR) of banks in July 2015, which forced banks to stop ever greening loans and owe up to their bad loans.


BusinessToday.in
New Delhi, October 4, 2018
CII submitted a dozen suggestions to the Prime Minister's Office, the finance minister and the Reserve Bank of India on curbing rupee volatility.


BusinessToday.In
New Delhi, October 3, 2018
Gita Gopinath is the first woman to be appointed as head of IMF's research department, which publishes one of the world's most-anticipated document - World Economic Outlook. She is also the second Indian after former RBI governor Raghuram Rajan to hold the position. Watch BusinessToday.In video.


BusinessToday.In
October 2, 2018
Gopinath, who hails from Kerala's Kannur district, grew up in Mysore and went on to study at LSR and Delhi School of Economics.


PTI
October 1, 2018



PTI
October 1, 2018



Mudit Kapoor
New Delhi, September 28, 2018
Ignoring their timely warning led to the collapse of financial giant Lehman Brothers, while others such as  Merrill Lynch, AIG, Freddie Mac, Fannie Mae, HBOS, Royal Bank of Scotland, Bradford & Bingley, Fortis, Hypo and Alliance & Leicester all came within a whisker of bankruptcy and had to be bailed out.


BusinessToday.in
New Delhi, September 26, 2018
Flipkart acquires Israel-based start-up Upstream CommerceFlipkart has acquired an Israel-based analytics start-up called Upstream Commerce, as it aims to support its massive seller base with services such as real-time pricing and information on product assortment, as reported by Mint. This is Flipkart's second acquisition in as many months and will enable Flipkart to have an outpost in Israel.Yes Bank board seeks extension for Rana KapoorYes Bank on Tuesday said it would ask the R...


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


Vivek Kaul
New Delhi, September 17, 2018
The rise of the debt-prone economy indicates that the future will remain volatile.


Anand Adhikari
New Delhi, September 12, 2018
In his letter to the parliamentary committee, the celebrated economist Rajan listed out the key reform areas to prevent recurrence of the kind of bad loan that the system is currently grappling with.


BusinessToday.In
New Delhi, September 11, 2018
India pips Japan in GDP based on purchasing power parity; Raghuram Rajan blames 'over optimistic bankers' for bad loans, NPA mess; GAIL India aims to add 5,500 km gas pipeline in 3 years; and Deepak Kochhar summoned by Corporate Affairs Ministry in ICICI Bank-Videocon loan case. Watch this episode of Business Wrap.


BusinessToday.In
September 11, 2018
Raghuram Rajan explained that loans under Modi government's popular flagship scheme Pradhan Mantri Mudra Yojana and the Kisan Credit Card needed to be examined \"more closely\" for potential credit risk.


BusinessToday.In
New Delhi, September 11, 2018
Interpol issues red-corner notice against Nirav Modi's sister Purvi ModiAfter the Interpol issued a red-corner notice (RCN) against a close aide of diamantaire fugitive Nirav Modi, Mihir Bhansali, it has issued another notice against Purvi Modi, who is a Belgian national and the sister of Nirav Modi. The RCN has been issued on the request of the Enforcement Directorate to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.After Bharat Ban...


BusinessToday.In
New Delhi, September 11, 2018
\"I also sent a list of high profile cases to the PMO urging that we coordinate action to bring at least one or two to book. I am not aware of progress on this front. This is a matter that should be addressed with urgency,\" says the former RBI governor in a 17-page letter.


BusinessToday.In
September 10, 2018
The former RBI governor reportedly said that banks extended more loans to prevent 'zombie' loans from turning non-performing assets.


PTI
New Delhi, September 3, 2018
RBI Governor Urjit Patel decided to follow \"wisdom of an owl\" as he went on to conduct the \"deep surgery\" initiated by his predecessor Raghuram Rajan to clamp down on loan defaulters.


BusinessToday.In
September 3, 2018
Niti Aayog vice chairman Rajiv Kumar today said that it wasn't demonetisation but deleveraging of credit under former RBI governor Raghuram Rajan that led to economic slowdown.


Prosenjit Datta
New Delhi, September 3, 2018
SMEs hit hard, india still a cash economy.


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