Tuesday 21 Aug '12KC Chakrabarty, deputy governor of the Reserve Bank of India, has, in a recent lecture, more than hinted that all may not be well with the manner in which loans are being restructured.
Thursday 05 Jan '12The June 2013 deadline isnít really approaching but Sebiís decided to make it easier for promoters, who hold more than a 75% stake in their companies, to shed enough of it so as to be able to comply with the listing guidelines under the Securities Contracts Regulation, 1957.
Saturday 24 Dec '11Lokpal BillRBIís fairly candid assessment of the economic outlook, for both the global and home markets, leaves one with the feeling that while all may not be well, thereís no reason to panic.
Saturday 26 Nov '11The Walmarts and Tescos of the world must be excited at the thought of setting up shop in India; theyíve been cooling their heels for a long time now, making the most of the cash and carry opportunity in the country.
Friday 18 Nov '11Itís true that much of the damage to corporate bottom lines in the three months to September 2011 has been caused by the sharp depreciation of the rupee, which lost nearly 10% in a month.
Wednesday 16 Nov '11This is not the first time that the Reserve Bank of India Governor Duvvuri Subbarao has suggested that banks trim loan rates while offering more to their customers; at a Bancon conference in early 2010, the government had recommended much the same thing.
Thursday 03 Nov '11As Aditya Puri is so fond of reminding us: thereís no free lunch. The managing director of HDFC Bank is right, and if savers believe theyíre suddenly going to be making fistfuls of money simply because interest rates on savings bank accounts have been freed, thatís not about to happen.