Who Is Swaminathan Janakiraman, The New Deputy Governor Of RBI
Swaminathan completed his graduation in B.Com – Bachelor of Commerce, Corporate Accounting & Banking from University of Madras. He then did certified associate of Indian Institute of Banking, Banking & Economics from Indian Institute of Banking and Finance, Mumbai, India.
Jun 20, 2023, 19:52 PM IST
Cryptocurrency ban can be the most advisable option for India, says RBI Deputy Governor
The remarks are significant in response to the ongoing discussion over whether or not to prohibit digital currency.
Feb 14, 2022, 20:55 PM IST
Viral Acharya quits as RBI Deputy Governor – All you want to know about him
Viral happens to be an alumnus of IIT, Mumbai, with a degree of Bachelor of Technology in Computer Science and Engineering in 1995 and PhD in Finance from NYU-Stern in 2001.
Jun 24, 2019, 10:05 AM IST
Government 'very upset' with RBI for making rift public: Sources
In a speech to top industrialists, RBI Deputy Governor Viral Acharya warned that undermining a central bank`s independence could be 'potentially catastrophic'.
Oct 30, 2018, 06:51 AM IST
Government plays T20, RBI plays Test match: Deputy Governor bats for independence
"Governments that do not respect central bank's independence will sooner or later incur the wrath of the financial markets, ignite an economic fire."
Oct 27, 2018, 08:33 AM IST
Govt appoints IDBI Bank MD M K Jain as RBI Deputy Governor
The search panel also includes RBI Governor, Financial Services Secretary and some independent members.
Jun 04, 2018, 15:23 PM IST
Bonds slump after RBI deputy warns of banks' high interest rate risks
Indian bonds yields have risen by 105 basis points since June last year.
Jan 16, 2018, 13:44 PM IST
Lok Sabha passes bill to raise Nabard's capital to Rs 30000 crore
The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 also seeks to amend certain clauses in the light of reference of the Micro, Small and Medium Enterprises (MSMEs) Development Act, 2006 in the proposed legislation.
Aug 04, 2017, 00:16 AM IST
PSU banks may need more than budgeted capital infusion: Mundra
RBI Deputy Governor S S Mundra has said public sector banks may require more than the budgeted Rs 10,000 crore capital infusion from the government in the current fiscal on account of higher provisioning for bad loans and haircut on stressed assets.
Jun 17, 2017, 11:02 AM IST
Banks may need additional Rs 10K crore infusion for bad loans: Mundra
RBI Deputy Governor S S Mundra on Friday said public sector banks may require more than Rs 10,000 crore capital infusion from the government than budgeted for the current fiscal on account of higher provisioning for bad loans and haircut on stressed assets.
Jun 16, 2017, 15:47 PM IST
Govt actively working towards bank consolidation: Arun Jaitley
The government is "actively working" towards consolidation of banks, said Finance Minister Arun Jaitley on Monday.
Jun 12, 2017, 16:15 PM IST
RBI Governor gets pay hike; monthly basic jumps to Rs 2.5 lakh
RBI Governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively.
Apr 02, 2017, 16:07 PM IST
US University professor Viral V Acharya appointed RBI deputy governor
The government on Wednesday appointed Viral V Acharya, a professor of economics at New York University, as new deputy governor at the Reserve Bank of India.
Dec 28, 2016, 13:53 PM IST
Patel's ''handover'' at RBI is low key, unlike other governors
In keeping with the low-key style he is known for, Reserve Bank of India`s new Governor Urjit Patel began his first working day on Tuesday away from media spotlights, unlike the practice followed by RBI governors in the past. There were no milling photographers at the "handover".
Sep 06, 2016, 17:13 PM IST
Merger of banks has to be very focused: Mundra
Reserve Bank Deputy Governor S S Mundra on Monday supported consolidation in the banking sector but said it has to be a focused exercise.
Dec 14, 2015, 17:02 PM IST
RBI Deputy Governor Mundra says corporate leverage levels a 'major concern'
Reserve Bank of India Deputy Governor S.S. Mundra called levels of debt in the domestic corporate sector "a major concern" on Wednesday, while admonishing banks to clean up their bad loans more quickly.
Sep 23, 2015, 11:28 AM IST
CAD to be around 1.5% of GDP this fiscal: RBI
RBI Deputy Governor Urjit Patel on Thursday said the central bank expects Current Account Deficit (CAD) around 1.5 percent of GDP in the current fiscal.
Sep 17, 2015, 16:32 PM IST
Banks need to urgently reduce stressed assets: RBI deputy Governor
His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again.
Sep 15, 2015, 10:39 AM IST
No differences between RBI, govt on MPC: RBI
He also said that RBI would like to see, among other things, as to how banks pass on the benefit of earlier rate cuts to customers before it goes in for another cut.
Aug 08, 2015, 18:00 PM IST
PSU banks need higher capitalisation for dealing with NPAs
"Need higher capitalisation in PSU banks for balance sheet growth, dealing with NPAs. Need capital infusion for three things -- to meet Basel III, better provisioning and improving banks business," he said here.
Jul 06, 2015, 15:37 PM IST
