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Friday, February 28, 2020



Portfolio at risk of MFIs rises to 2.42%; 2.11 crore borrowers added to industry since March 2018

February 28, 2020 12:55 am

According to MFIN, an RBI-recognised self-regulatory organisation and industry association, since March 2018, an estimated 2.11 crore borrowers have been added as customers.

Bandhan Bank shares rally 5% after RBI allows network expansion

February 26, 2020 12:08 pm

The Reserve Bank of India (RBI) on Tuesday allowed Bandhan Bank to expand its branch network after considering the efforts made by the private lender to comply with the licensing conditions.

RBI may consider coronavirus impact on Indian economy in next policy meeting, says DBS report

February 25, 2020 2:52 pm

On economic growth, the DBS Bank report said, the Indian economy is in the midst of "bottoming out" -- to reach a lowest or worst point before beginning to rise or improve.

Kotak Mahindra Bank gets RBI nod for trimming promoters' stake

February 19, 2020 4:32 pm

On January 30, the bank had informed about RBI's in-principle acceptance for reducing promoters' shareholding to 26 per cent of the paid-up voting equity share capital (PUVESC) of the bank within six months from the date of final approval of the regulator.

RBI Governor Shaktikanta Das: Focus on growth intact, will not let NBFCs collapse

February 19, 2020 10:15 am

Asserting that the central bank has the space for independence and autonomy, RBI Governor Shaktikant Das said all decisions taken in the last year “are our own objective, independent decisions”.

RBI changes accounting year, interim dividends may stop

February 16, 2020 1:45 am

Accordingly, the next accounting year will be a nine-month period which starts from July 2020 and ends on March 31, 2021. Thereafter, all the financial years will start from April every year, the RBI said on Saturday.

A blind watchdog: Auditors must do better to prevent fraud, financial crime

February 15, 2020 10:38 am

The government should think of a better alternative to the ICAI and SEBI. There should be an entirely new regulatory body to protect against frauds of the sort we have been discussing. It is well said that prevention is better than cure.

RBI Assistant prelims 2020: Paper difficulty level moderate, check analysis of day 1

February 15, 2020 12:39 pm

RBI Assistant prelims 2020: The candidates rated the paper as moderate. Check paper analysis of day 1

RBI’s growth push: February signalled a new dynamic — Monetary policy is no longer driven by MPC

February 08, 2020 12:27 pm

The RBI sees space for more policy easing with governor Shaktikanta Das candidly admitting in the policy press conference that the next move is likely to be a cut, with timing being the key uncertainty.

RBI may cut interest rates by 40 basis points in FY21: Fitch Solutions

February 07, 2020 5:51 pm

The RBI held its benchmark repurchase (repo) and reverse repo during its February 6 monetary policy meeting at 5.15 per cent and 4.90 per cent respectively.


‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

December 23, 2018 6:21 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.

Express Eye for Detail Ep 12: Two years of demonetisation, the Diwali mess and Faizabad renamed as Ayodhya

November 12, 2018 9:37 am

Two years on, The Indian Express learns that RBI did not approve of demonetisation and more about the week’s top stories in Express Eye for Detail episode 12.

Eye for Detail EP 12: All about the Ayodhya uncertainty, RBI vs govt and Statue of Unity

November 03, 2018 10:05 am

How the BJP and RSS are reacting to the Supreme Court deferring the Ayodhya case, why the RBI and the government are at loggerheads and what it means to have a statue worth almost Rs 3000 crores. All that and more in this week’s Eye for Detail.

'For the first time we have a majority govt. If some hard decisions have to be taken, they must be announced now'

October 22, 2018 2:05 pm

Former governor of Reserve Bank of India Bimal Jalan talks about how he addressed the issues of transparency and accountability in financial transactions and governance in his new book, India Ahead: 2025 and Beyond.

Congress has no faith in us or any other institution because it has no faith in itself: Narendra Modi

July 21, 2018 9:37 am

Prime Minister Narendra Modi said the Congress party has no faith in the government, the CJI, the RBI or any international organisation that gives data on India's growth. He said it is because Congress has no faith in itself.