Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, former RBI Deputy Governor Viral Acharya said

Bandhan Bank stock has gained 16.55% in the last 5 days

Raghuram Rajan said he is not clear what government means by 'Atma Nirbhar Bharat', adding that if it is about creating an environment for production then it is a rebranding of the 'Make in India' initiative

In order to ensure timely completion of IBC, out of court settlement needs to be encouraged, and the NCLT, NCLAT infrastructure needs to be strengthened

India reopened the Taj Mahal after six months on Monday, with the first visitors trickling into the famous monument; E-healthcare platform Medtalks sees 10,000% growth in 6 months; Rajan, Acharya on Modi govt's reform of public sector banks. Watch this and more news on News Blast.

Minimum support price hiked for wheat, 5 other rabi crops amid Farm Bills RowGovernment has hiked minimum support prices (MSPs) for six rabi crops while intense protests by farmers continue across the country over the new farm laws. Farmers are apprehensive that the new laws will undermine the MSP system.15% of Rs 31.3 lakh crore corporate debt under stressClose to 15 per cent or corporate debt worth Rs 4.6 lakh crore is stressed, revealed a study by IIFL Securities. These estimates were a...

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The reform of public sector banks so far by Prime Minister Narendra Modi-led NDA government is a \"still-born effort,\" said former RBI governor Raghuram Rajan and former deputy governor Viral Acharya in a newly released research paper

Public sector banks might perform better if they are freed from court-mandated new entry-level hiring constraints that hiring can be done through open exams, which makes it hard for PSBs to attract candidates from elite educational institutions, who have little desire to sit for yet another exam

A new research paper by former RBI Governor Raghuram Rajan and former deputy Governor Viral Acharya talks about a range of issues including management of bad loans, winding up of the Financial Services Department in the Finance Ministry and reforms in public sector banks

Former Reserve Bank of India Governor Raghuram Rajan and former Deputy Governor Viral Acharya opine that the first step to deal with bad loans is an honest recognition of loan losses

Sub Lt Kumudini Tyagi and Sub Lt Riti Singh will be the first women officers to become the navy's first airborne combatants and will operate helicopters onboard warships

Former Reserve Bank of India (RBI)governor Raghuram Rajan and former deputy governor Viral Acharya have together proposed winding down of Department of Financial Services in the Finance Ministry

With limited lending options and country's need for infrastructure, PSBs are increasingly choosing to lend huge amounts to large projects, especially in infrastructure, said Rajan and Acharya

Bharti Airtel is trying to reduce its dependence on Chinese vendors, especially Huawei. The telecom major has replaced Huawei's gear with Ericsson's in the Rajasthan circle and is planning to the same in Tamil Nadu

If rising foreign reserves are not absorbed in the real economy to finance investment, it can lead to upward pressure on the exchange rate, overheating the economy and create asset price bubbles

RBI says it'll buy government securities, including 6.18 per cent, 8.24 per cent, 5.79 per cent and 7.95 per cent, which will mature on November 4, 2024, February 15, 2027, May 11, 2030, and August 28, 2032, respectively

Twitterati has lauded the artist for his creativity. His replies are flooded with users sending pictures of their children and asking for a similar transformation

Government receives dividend from RBI: Reserve Bank of India has decided to maintain the contingency risk buffer at 5.5 per cent.

The Consumer Price Index (CPI)-based inflation for the last month remained above the RBI's medium-term target of 4 per cent for a tenth straight month