India
Reserve Bank of India appoints Raghuram Rajan as governor
Reserve Bank of India appoints Raghuram Rajan as governor
Dr. Raghuram Rajan will replace Dr. Subbarao from September 4.
RBI thumbs down request for exemptions
All new banking license applicants must comply with all norms.
ICICI Bank makes US$376.7 million net profit
Non-performing loans increase, however.
India will continue bond sales to sap liquidity
Pledges defense of rupee in a calibrated manner.
All Indian banks must have ATMs by 2014
Will allow rural customers easy withdrawals.
Stabilizing the rupee is India’s priority
Will preserve economic stability.
Indian banks' loans rise at slower pace
Down almost 5% year-on-year.
What you need to know about the Indian debt market
Debt market outlook Indian debt market witnessed heightened volatility during the last week due to Central Bank’s measure to curb liquidity in the system by reducing the limit on LAF repo window to Rs 75,000 Cr and simultaneously increasing the cost of borrowing under the marginal standing facility rate by 200 bps to 10.25%.
Sanjiv Sud named country head of retail banking, wealth management for HSBC India
He was formerly based in Hong Kong.
India squeezes liquidity to defend weakening rupee
Reserve Bank of India issues slew of policy directives.
ICICI to launch mobile payment system
Visa will be its partner.
HDFC Bank’s profit jumps 30% in Q1
Boosted by interest and non-interest income.
C.M. Vasudev reappointed non-executive chairman of HDFC Bank
Will serve in this post until August 26, 2015.
Shri M. S. Raghavan named IDBI Bank chairman and managing director
Formerly executive director, Bank of India.
India hikes interest rates again
Part of frantic effort to stop rupee’s plunge.
India’s financial services sector hit by Morgan Stanley downgrade
Rating cut to “cautious” from “in-line.”
RBI fines 22 banks US$8.3 million
Banks penalized for breaking anti-money laundering and other regulations.
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