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Who should be the next Deputy Governor of RBI?

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As a debate swirls around the appointment of a Deputy Governor (Banking) a more fundamental question popped up in my mind - How influential...

Chat with M R Venkatesh on the health of the Private...

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In this wide-ranging chat on India's "Private" Banks where no one (including the Reserve Bank of India (RBI)) can tell who the real owners...

SC had ruled that Chairpersons of private banks are public servants

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For the Prevention of Corruption Act, the chairpersons of Private Banks shall be considered Public Servants. This was the ruling by a Supreme Court...

RBI GOVERNOR IS HIDING HIS INSTITUTION’S LEGAL POWERS IN ACADEMIC PRINCIPLES

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The International Monetary Fund commended the RBI for the remarkable progress in strengthening banking supervision Judged by the sub-headline of the attached newspaper report, the...

LoUGate refuses to go away – PNB kept issuing them even...

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Those of us who are thinking that the Nirav Modi scam related to the Fake Letters of Undertaking (LoU) by the Punjab National Bank...

The rot runs deep in the Banking system and MRV suggests...

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The rot runs deep in the banking system and noted TV Commentator, Auditor and Author M R Venkatesh suggests a way out.

Demonetisation (DM): An appraisal

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One thing the Demonetisation (DM) announced by PM on 8 November 2016 has done - It has made a large number of people pretend...

99% of banned currency back with Banks: RBI

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The Reserve Bank of India (RBI) says in a report that almost 99% of the banned cash is back in the system! This dashes...

RBI says no permission given to Islamic Development Bank (IDB) to...

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Rejecting a series of media reports, Reserve Bank of India (RBI) said that no permission was accorded to Saudi Arabia’s Islamic Development Bank (IDB)...

Why Shariah Bank now?

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Islamic Banking based on Shariah laws is all set to enter India in a big way much to the apprehensions and reservations of a...

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