The sharp rise in CPI is scary for borrowers both individual and corporate as the Reserve Bank of India targets retail inflation to fix the short-term repo rate

The FSRASC is headed by the cabinet secretary. The committee includes RBI Governor Shaktikanta Das and financial services secretary

PMC Bank, among the top 10 urban cooperative banks in the country, was placed under an RBI administrator on September 23 for six months due to massive under-reporting of dud loans

Is RBI making an error of judgment in believing the Government's budgeted 3.3 per cent fiscal deficit number for 2019-20?

While the RBI has not specified any reason, the market is attributing it to hoarding of high value notes or the optimal size of Rs 2000 notes in the system

Lending growth by banks had nearly halved to 8.8% at the end-September from the start of the year.

According to officials, the high circulation of Rs 2,000 notes might defeat the government's objectives of curbing black money as it is easier to smuggle the high-denomination notes.

Sitharaman said the Indian government has expressed its view to the United States. \"We value the strong partnership with the USA, but we should equally be allowed to be a strong economy,\" she said.

The external directors raising the issue comes at a time when the RBI is facing a lot of flak over its inspection and oversight mechanism efficiency.

While the CPI rise may be temporary, the retail inflation is clearly inching towards the RBI's targeted level of 4 per cent with plus and minus 2 per cent

The time is ripe to overhaul cooperative banks quite likewhat the government did with state-owned banks

Leading B-schools are confident that the economic slowdown will not hit them, but other schools are concerned

The number of property developers falling into bankruptcy has doubled during the past nine months, piling pressure on NBFCs. Potential implosions of these NBFCs could expose banks

FM Nirmala Sitharaman stated that she has talked to RBI Governor Shaktikanta Das who assured that the concerns of PMC Bank account holders will be kept on top priority

A day before, Finance Minister Nirmala Sitharaman had formed a panel to suggest legislative changes to ensure better governance at co-operative banks and provide more power to the regulator

The manufacturing sector reported a 1.2 per cent decline in output during August, as opposed to a growth of 5.2 per cent in the corresponding month last year. It contributes 77 per cent to the IIP on its own