BHAKTI MAKWANA NOV 8, 2021, 12:46 IST
Former economic affairs secretary Shaktikanta Das has been appointed as the new Governor of the Reserve Bank of India, an order from the Department of Personnel & Training said on Tuesday evening.
Das is a 1980 batch IAS officer of Tamil Nadu cadre and will hold the post for three-year term. He...
“In the current faltering economy, the bank is unlikely to increase its net interest margin and its fees to compensate for the expected higher credit costs and if it is unable to continue with its earlier strategy, shareholders should expect a decline in its profitability," Hazari wrote in a note
“The fine of 20 million rupees is insignificant but the risk of the RBI placing restrictions on the bank has gone up substantially,” said independent analyst Hemindra Hazari
“It is a positive development. It should be followed up with the criminal action because disinformation by banks is criminal under section 46 (1) of the Banking Regulation Act 1949,” said independent banking analyst Hemindra Hazari.
Swati Bhat, Nupur Anand 4 MIN READ
MONEY NEWSJULY 14, 2019 / 7:32 PM /
DHFL reported a net loss of 22.23 billion rupees ($324.3 million) for the quarter ended March 31, in a regulatory filing late on Saturday. It also said it had defaulted on the interest payments...
