Viral Acharya in October 2018 made a powerful speech lamenting that the government did not respect central bank's independence (with historic examples) and would sooner or later incur the wrath of financial markets, ignite economic fire and come to rue the day they undermined the regulatory institution

According to Modi, both the centre and the states should work towards growth in exports in order to raise per capita incomes

Fintech lenders will have to change their business models to survive the ongoing liquidity crisis

Equity assets tend to give better returns than other asset classes over a long period of time barring a few instances when the returns were lower: Swati Kulkarni

Fitch lowered its midpoint for India's operating environment to 'bb+' from 'bbb-' following a review of the banking sector's performance, particularly in the last three years, and its regulatory framework, as well as the outlook in the near term

In the just concluded financial year 2018-19, the fourth largest bank in the country in terms of balance sheet has reported a huge loss of Rs 9,975 crore

Shanti Ekambaram, President, Consumer Banking, Kotak Mahindra Bank opined that macro environment was conducive for the RBI to cut rates.

All eyes will be on the RBI's Monetary Policy Committee meet on June 6 which will set tone for the Indian equities; the auto stocks will remain in focus as the market will react to auto sales numbers released by the domestic companies

The agency also affirmed BBB- the rating of Bank of Baroda (New Zealand), Canara Bank and Bank of India (BOI)