Page 2 - Banking Reforms News Today

Former RBI Governor And Architect Of Modern Indian Banking, M Narasimham Passes Away In Hyderabad Former RBI governor M Narasimham (Administrative Staff College of India) Former governor of Reserve Bank of India (RBI), 94 year old Maidavolu Narasimham passed away in Hyderabad on Tuesday (20 April). He joined RBI as a research officer in the Economics department and is the only governor who rose from the ranks of RBI. Narasimham who is popularly called as the architect of modern Indian banking, ...

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Prime Minister Narendra Modi said on Friday his governments top priority is to make the financial sector transparent so that depositors and investors trust it. “The old ways and old systems of banking and non-banking sectors are changing,” Modi said addressing a webinar on effective implementation of Budget announcements for financial services. The government has taken steps to free the country from non-transparent credit culture, Modi said. The banking sector was severely impacted 12 ye...

Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : The monthly duration product is an auto renewal based product. Once subscribed, subject to your c...

Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...

Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : This product is a monthly auto renewal product. Cancellation Policy: You can cancel any time in t...

Read more about Peering into 2021 on Business Standard. Macroeconomics in 2021 will turn on consumer demand and firm resolution

Private banks have been progressively grabbing larger shares of the banking business even as nimble-footed fintechs are posing a fresh threat to government-owned banks. But with the government tiptoeing around the problem with untenable solutions, Indian public sector banking could be headed the way of its counterparts in telecom and aviation. T N Ninan explains why here Here is a selection of other views today: The third volume of the late Pranab Mukherjee’s memoirs is notable for his ...

Read more about Best of BS Opinion: Two steps to boost broadband usage, Budget 2021 & more on Business Standard. Heres a selection of Business Standard opinion pieces for the day

"aftershock," which is now out in paperback. ali, what happened today? >> a lot of things happened here. we had a situation where its not just fear weve been talking about. this was actual fact. we had -- we started this morning with -- with slow bad markets out of europe, then before the markets opened, we got this report from morgan stanley which talked about slow growth around the world telling us things we already knew. but they said were on the precipice. they didnt say we were th...