Latest Updates Around The World
Reserve Bank of India (RBI) Governor Sanjay Malhotra (file photo) | Photo credit: PTI/SHASHNK PARADE Indian banks today are much more mature than they were a decade ago and the regulatory environment cannot ignore developments like strong loan and deposit expansion, robust capital buffers, improved asset quality and profitability and a jump in return on […]
Debadatta Chand, MD and CEO, Bank of Baroda | Photo credit: PTI Bank of Baroda (BoB) has shelved its plan to divest its majority stake and give up control of subsidiary Nainital Bank Ltd (NBL). In what appears to be a change of direction, the public sector bank (PSB) has provided NBL with fresh capital […]
The Indian bond returns fell on Wednesday, because the central bank is expected to facilitate the policy in the coming months, and after the governor said that the proceeds have further room to get down. Earlier in the day, the reserve Bank of India held its policy percentage unchanged at 5.50% as expected, but said […]
Reserve Bank of India (RBI) Governor Sanjay Malhotra (file photo) | Photocredit: Hemanshi Kamani The Reserve Bank of India has not “lost” its growth motif, even if price stability remains its primary mandate, said Governor Sanjay Malhotra on Monday. “The primary objective of monetary policy in terms of price stability has contributed considerably to the […]
