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India banking
India banking News
reforms
20 Sep 2016
'Reforms to boost growth; banking risks constraint rating'
Moody's Investors Service on Tuesday said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India's sovereign rating.
RBI Governor
07 May 2016
Too much regulation may lead to danger of shadow banking: RBI
Warning against excessive banking regulation, RBI Governor Raghuram Rajan today said this may lead to activities shifting to shadow financial system and admitted to the lack of "know-how" for such businesses.
India bank accounts
12 Jun 2015
India's push to offer banking for all stumbles on empty accounts
More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty.
Reserve Bank of India
28 Mar 2015
RBI moves to restrict bank exposure to corporate loans
The RBI requested feedback on its proposals by April 30.
public sector banks
11 Mar 2015
Govt wants banks to cut rates; lenders seek further RBI easing
Government is believed to have asked public sector banks on Wednesday to consider lowering their interest rates, even as some lenders want further signals on RBI's monetary policy before passing on the benefits to their retail and corporate borrowers.
Arun Jaitley
11 Mar 2015
FM to banks: Take commercial decision without fear or favour
Promising financial autonomy to PSU banks, Finance Minister Arun Jaitley on Wednesday asked heads of public sector lenders to take commercial decisions without fear or favour.
Credit flow
16 Dec 2014
Bank credit off-take slows in October
Credit flow to the commercial sector has come down from 14.2 percent in April to 11.1 percent in October on account of weak demand for banking funds.
Comprehensive financial inclusion
12 Aug 2014
Full financial inclusion can boost GDP by 0.9%, says report
The commentary comes days ahead of the announcement of a comprehensive financial inclusion plan scheduled to be made by Prime Minister Narendra Modi on August 15.
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