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This is what RBI repo rate hike will make homebuyers do
Thu, Aug 02, 2018
Realty players are not enthused by Reserve Bank of India’s move to increase repo rate saying that it will adversely impact the homebuyers' sentiment. They said that RBI could have taken a pause, especially when the Centre is pushing a slew of decisions such as affordable homes, housing for all and creation of a stressed assets fund for the revival of the sector.
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Beleaguered ICICI Bank retracing old strategy of growing unsecured credit
Mon, Jul 30, 2018
The gloss is coming off the balance-sheet of India’s second-biggest private lender, ICICI Bank. With multiple investigations underway against its managing director and CEO, Chanda Kochhar, and another set of probe on its profit figures, the bank’s management is left with little choice but to hike provisions on all weak accounts.
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RBI to maintain status quo in August policy meet: Experts
Sun, Jul 29, 2018
The Reserve Bank is likely to maintain status quo on the key interest rate on Wednesday notwithstanding elevated oil prices and government's announcement to steeply hike minimum support price for kharif crops, opined experts.
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RBI missing as banks ink loan resolution pact
Tue, Jul 24, 2018
Lenders are likely to ask Reserve Bank of India (RBI) to give them more time to resolve certain accounts, particularly in the thermal power segment, after they signed an inter-creditor agreement to speed up bad loan resolutions on Monday.
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How to manage macro financial risks? RBI discusses, outlines path
Tue, Jul 24, 2018
RBI Deputy Governor Viral Acharya outlined the path to creation of a Public Credit Registry in India and also possible use of the GSTN eco-system, both of which are expected to transform the economy through better credit allocation.
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CEA Arvind Subramanian: Not leaving because government is unhappy with me
Thu, Jul 19, 2018
Outgoing chief economic advisor (CEA) Arvind Subramanian sees stigmatised capitalism as a big challenge for the Indian economy apart from agriculture and employment. Stigmatised capitalism has made it difficult for private sector to have a greater role in the economy.
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Many projects under hybrid annuity model stuck; Nitin Gadkari wants banks to step up
Wed, Jul 18, 2018
Funding is becoming a challenging task for road developers, forcing the Minister of Road Transport & Highways Nitin Gadkari and Reserve Bank of India’s deputy governor to meet the bankers and ask them to lend money to these projects.
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Economic growth in India: This is what may stifle GDP
Tue, Jul 17, 2018
Economists see headwinds to economic growth recovery going ahead as the slew of data announced recently ignited fears of a slowdown. While May Index of Industrial Production (IIP) fell 100 basis points (bps) to 3.2%, June trade deficit expanded 17.57% and retail inflation increased to 5% in June.
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Recruitment 2018: RBI invites applications for this post on ncfeindia.org/careers; check salary
Tue, Jul 10, 2018
Recruitment 2018: The CEO should have the vision and ability to transform NCFE into an institution of national importance. He/ She will exercise general supervision and control over the day-to-day affairs of the institute and implement the decisions of its Governing Board. The requirements for the position are exceptional leadership qualities, institution building skills and the ability to find innovative solutions, apart from networking with local institutions, government and development agencies.
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When will government’s hike in MSP really impact inflation
Sat, Jul 07, 2018
The Reserve Bank of India (RBI) who is an inflation trajectory central bank feared that government’s decision to hike MSP prices for farmers, as according to the six-member Monetary Policy Committee (MPC) that would impact Consumer Price Index (CPI).
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Recruitment 2018: Applications invited by RBI on rbi.org.in for 166 Grade B officers post; check last date
Tue, Jul 03, 2018
Recruitment 2018: The Reserve Bank of India (RBI) has issued notification to fill up the post of Grade B Officers. There are 166 RBI Grade B officers posts open for recruitment.
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Recruitment 2018: RBI is hiring Grade B officers! Apply for 166 posts on rbi.org.in; pay Rs 67,000
Fri, Jun 29, 2018
Recruitment 2018: Reserve Bank of India (RBI) has just released a notification according to which the central bank will recruit 166 Grade B officers as a part of its hiring drive for 2018. The RBI notification said that the registration process will start from July 3, 2018 on rbi.org.in.
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Under RBI watchlist, IDBI Bank, UCO Bank, Central Bank of India eye 2020 redemption
Wed, Jun 27, 2018
Sources said top officials of the 11-banks — IDBI Bank, UCO Bank, Central Bank of India, Bank of India, Indian Overseas Bank, Dena Bank, Oriental Bank of Commerce, Bank of Maharashtra, United Bank of India, Corporation Bank and Allahabad Bank — made presentations before the panel and responded to queries.
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Your dine outs and salon treatments are becoming a policy dilemma for RBI
Fri, Jun 22, 2018
India's May headline inflation rose to a four-month high of 4.87 percent, driven by 6.20 percent core inflation that excludes food and fuel. Within the core figure, recreation and amusement inflation, which has been on an uptrend since January, rose to an annual 4.93 percent in May. Personal care inflation rose for the third straight month to 5.61 percent.
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