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RBI Dy Governor KC Chakrabarty resigns before end of term

Last Updated: Thursday, March 20, 2014, 21:04

Chakrabarty has "requested to be relieved earlier than the scheduled (term ending June 15, 2014)," a top government source said.

RBI doesn't have magic wand to help United Bank: Chakrabarty

Last Updated: Thursday, March 20, 2014, 19:19

United Bank posted a net loss of Rs 1,238 crore in the three months to December.

RBI yet to hear from EC on bank licences: Chakrabarty

Last Updated: Thursday, March 20, 2014, 14:07

The RBI has reportedly written to the EC in the first week of March seeking its approval for its plan.

Chakrabarty blames poor credit appraisal for bad loans of PSBs

Last Updated: Saturday, November 16, 2013, 19:45

Using data from the last 20 years on the asset quality front, Chakrabarty said state-run banks, which control 75 percent of the system, report over 86 percent of the non- performing assets.

'Credit bureaus should have a provision for Aadhar in systems'

Last Updated: Friday, July 05, 2013, 21:03

Credit information bureaus should use Aadhaar number to enable smoother working of the credit market and root out cases of identity frauds, RBI Deputy Governor KC Chakrabarty said on Friday.

Direct cash transfer can help control inflation: Chakrabarty

Last Updated: Friday, December 14, 2012, 21:00

Describing the government's ambitious direct cash transfer scheme as a "powerful tool", Reserve Bank Deputy Governor K C Chakrabarty has said the initiative will help reduce fiscal deficit, which in turn will also bring down inflation if implemented well.

Chakrabarty for less disparity in deposit rates on all amounts

Last Updated: Thursday, September 06, 2012, 23:28

Reserve Bank deputy governor K C Chakrabarty Thursday berated banks' tendency to offer better interest rates to high-value deposits.

No need to bring infra credit under PSL: Chakrabarty

Last Updated: Tuesday, September 04, 2012, 17:45

RBI Deputy governor KC Chakrabarty on Tuesday ruled out classifying banks' advances to infrastructure sector as priority sector lending (PSL) saying there is enough credit flow to this critical sector to even make the central bank worried.

Replace CAMELS with RBS for risk assessment: Chakrabarty panel

Last Updated: Wednesday, June 20, 2012, 00:33

A high level committee, formed by the Reserve Bank, Tuesday pitched for replacing the present compliance-based approach with a risk-based supervision system to assess commercial banks.

'Financial inclusion work not satisfactory in some areas'

Last Updated: Wednesday, April 25, 2012, 18:07

The Reserve Bank Deputy Governor KC Chakrabarty has said the work on financial inclusion to make available basic amenities for the poor is still lacking in some parts of the country and efforts should be made to broad base the achievements.

To continue tight liquidity stance till inflation eases: RBI

Last Updated: Tuesday, March 27, 2012, 21:44

The Reserve Bank Tuesday said its tight liquidity stance would continue as long as inflation is above its comfort level.

RBI to meet banks shortly to discuss bad loans

Last Updated: Friday, February 24, 2012, 11:55

The Reserve Bank of India will meet banks on February 29 or March1 to discuss the bad loans situation in the banking industry, Deputy Governor K.C. Chakrabarty said on Friday.