RBI
Stop protecting defaulting corporate `honchos,’ Rajan tells banks
26 Nov 2014
The amount written off by banks as bad debts in the last five years would have been enough to fund the education of 1.5 million of the poorest children in the top private universities of the country, all expenses paid,” the RBI governor said
Rajan pushes through major organisational revamp in RBI
22 Oct 2014
A key element of the restructuring introduced by governor Raghuram Rajan is the separation of the Reserve Bank's supervisory and regulatory functions
RBI keeps rates unchanged, tightens liquidity
30 Sep 2014
The central bank has reduced the liquidity provided to banks under the export credit refinance facility from 32 per cent of eligible export credit outstanding to 15 per cent with effect from 10 October 2014
Entire group can be declared ‘wilful defaulter’ as RBI tightens norms
10 Sep 2014
The Reserve Bank of India has tightened its guidelines on wilful defaulters, saying bankers can classify the guarantor group firms and management as wilful defaulters