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Former RBI Deputy Governor Anand Sinha joins PE fund KKR

Global private equity fund KKR on Thursday said former Reserve Bank Deputy Governor Anand Sinha has joined the firm as an industry advisor.

R Gandhi appointed RBI Deputy Governor

H R Khan and Urjit Patel are the other Deputy Governors of RBI.

Containing financial risks more important than propping growth: Sinha

Reserve Bank Deputy Governor Anand Sinha on Wednesday said when financial risks rise, the focus of monetary policy should be to contain them even if that means sacrificing growth in the short-term.

RBI deputy says financial imbalances need to be tackled

Sinha Also said macroprudential regulations and monetary policy should move in the same direction.

Govt, RBI doing everything to get hold of economy: Sinha

The government and the central bank are taking all possible steps to get a control over the economy, RBI Deputy Governor Anand Sinha said Monday.

RBI Deputy Governor Sinha gets nearly 11-month extension

The government has extended term of RBI Deputy Governor Anand Sinha, who played key role in formulation of guidelines for new bank licences, by about 11 months.

Monetary policy is not just inflation targeting: Anand Sinha

The scope of monetary policy has expanded beyond inflation targeting to factors like checking financial imbalances, Reserve Bank Deputy Governor Anand Sinha Monday said.

FDI decision helped Rupee to bounce back: RBI

The domestic currency rose to five-month high of 52.49 intra-day on Friday last against the US dollar on signs of strong fund inflows.

India can recover faster than China: RBI

India can recover from global economic slowdown faster than China as the economy is driven by domestic consumption, but the country needs to "get its act together" for this to happen, Reserve Bank Deputy Governor Anand Sinha said on Sunday.

Banks capable of tiding over NPA mount: Anand Sinha

Reserve Bank Deputy Governor Anand Sinha on Friday said banks' asset quality has deteriorated in recent times due to the gloomy economic conditions but noted that there is enough capital with the lenders to take care of the situation.

NPAs only a reflection of economic stress: RBI

RBI Deputy Governor Anand Sinha on Tuesday said the burgeoning Non-Performing Assets (NPAs) in the banking system was not a systemic issue but only a reflection of the economic stress.

RBI not in favour of allowing MFIs to take deposits: Sinha

RBI Deputy Governor Anand Sinha on Monday indicated the central bank was not in favour of allowing micro-finance institution (MFIs) to take deposits from public.

Fear of higher slippages from restructured assets overdone: RBI

The Reserve Bank of India Saturday said the fear of banks reporting higher slippages from the restructured assets is misplaced as the situation is not that bad, RBI Deputy Governor Anand Sinha said on Saturday.

Private banks may need few trillion rupees for Basel-III

Private sector banks in India may need to raise a few trillion rupees of capital to meet Basel III norms, Anand Sinha, a deputy governor at the Reserve Bank of India, said on Friday.

Need to review and recast legislations in banking sector: RBI

Absence of a uniform law governing various lenders has led to an uneven playing field, necessitating the need to review and recast the legislations governing the banking sector, says the Reserve Bank.

Customer protection vital for financial stability: Sinha

Customer protection should be the highest priority of all financial institutions as it is vital for overall financial stability, Reserve Bank of India Deputy Governor Anand Sinha said here on Sunday.

RBI not to intervene in forex market: Sinha

Reserve Bank on Tuesday said that it will not intervene in the foreign exchange market unless the situation is grave, though the Rupee touched 16-month low of 47.59 against the US dollar.

RBI allays fears of larger impact of Basel-III norms on banks

Reserve Bank Deputy Governor Anand Sinha today allayed fears that the implementation of Basel-III norms will seriously hit domestic banks.

No systemic risks from rising NPAs: Anand Sinha

Reserve Bank deputy governor Anand Sinha Wednesday said though bad loans are rising in the system, the central bank does not see it a systemic risk as yet.