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There are seven candidates on a long list to replace Reserve Bank of India Governor <keyword id="6358908" type="PERSON" weightage="100" keywordseo="Raghuram-Rajan">Raghuram Rajan</keyword>, a senior government official told Reuters on Saturday. 
 The candidates are Vijay Kelkar, Rakesh Mohan, Ashok Lahiri, Urjit Patel, <keyword id="6379603" type="PERSON" weightage="100" keywordseo="Arundhati-Bhattacharya">Arundhati Bhattacharya</keyword>, Subir Gokarn and <keyword id="46928" type="PERSON" weightage="100" keywordseo="Ashok-Chawla">Ashok Chawla</keyword>, the official said, speaking on condition of anonymity due to the sensitivity of the matter. 
 Of the field, the two best known are Patel, now a deputy governor of the <keyword id="30067" type="ORGANIZATION" weightage="100" keywordseo="RBI">RBI</keyword>, and Bhattacharya, who is chair of State Bank of India, the country's largest bank. 
 
The others are veterans of the RBI, the Indian civil service or the two major global financial bodies, the International Monetary Fund or World Bank. 
 
Image credit: Indiatimes

Who will replace Raghuram Rajan as RBI Governor?

State Bank of India (<keyword id="13222" type="CITY" weightage="60" keywordseo="SBI">SBI</keyword>) Chairperson Arundhati Bhattacharya has said that the Reserve Bank of India (<keyword id="30067" type="ORGANIZATION" weightage="100" keywordseo="RBI">RBI</keyword>) is unlikely to cut interest rate in the next <keyword id="6357126" type="ORGANIZATION" weightage="100" keywordseo="monetary-policy">monetary policy</keyword> review. 
 
“The fact of the matter is that all the parameters are indicating that there will be further fall in inflation. Between November and January with the base effect it might go up a little bit. But by March it will be well below whatever the glide path that is indicated by the RBI. RBI governor has indicated that he will be data driven… may be by the end of the fiscal (cut in the interest rate by RBI),” she said. 
 “Base effects will also temper inflation in the next few months only to reverse towards the end of the year. The Reserve Bank will look through base effects,” RBI Governor <keyword id="6358908" type="PERSON" weightage="60" keywordseo="Raghuram-Rajan">Raghuram Rajan</keyword> had said in his monetary policy announcement on September 30. 
 
The RBI is scheduled to come out with its bi-monthly policy announcement on December 2.

RBI May Not Cut Rate In Next
Policy Review: SBI

In one of her recent conversations with <keyword id="64190" type="POSITION" weightage="20" keywordseo="RBI-Governor">RBI governor</keyword> <a href="http://www.businessinsider.in/searchresult.cms?query=Raghuram+Rajan">Raghuram Rajan</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=Arundhati+Bhattacharya">SBI Chairman Arundhati Bhattacharya</a> spoke about payment banks. During the conversation, she also raised her concerns around Indian banking system, which she feels is ‘not mature enough to handle the payment banks’. 
 The <keyword id="46004" type="POSITION" weightage="20" keywordseo="SBI-chairman">SBI chairman</keyword> raised her concerns the day after payment bank’s licenses were given out. 
 
The RBI governor however said, "The (<a href="http://www.businessinsider.in/searchresult.cms?query=RBI">RBI</a>) board took the view that it was hard to forecast what would happen in the payment space. Given the fact that we did not know what could succeed, the board chose to license a variety of players — some tech companies, finance companies, some bank-mobile combines. Now, let's see how the game develops." 
 On the one hand, where Bhattacharya’s queries reflected the potential threat from the nimbler financial companies, Rajan’s response show that many of them may not survive. The RBI governor quoted 1990s, the year when first round of <keyword id="399757" type="UNKNOWN" weightage="20" keywordseo="bank-licences">bank licences</keyword> were given; many players failed but later on were merged with their bigger counterparts. 
 However, Sachin Salgaonkar, the analyst of <keyword id="2860031" type="COMPANY" weightage="20" keywordseo="Bank-of-America-Merril">Bank of America Merril</keyword> Lynnch believes e-payments will help soften lending rates and support growth over time. He said, “The spread of rural banking after the bank nationalisation of 1969 helped to shift rural India to cash-based transactions from barter. This led to a fall in the currency held by the public and a corresponding rise in bank deposits. E-payments will cut shoe leather costs of going to the bank, reduce cash holding, push up deposit growth and help pull down lending rates." 
 
The Indian payments market, which weighs at around Rs 15.5 lakh crore in FY15 is likely to grow 12% annually. Shares of mobiles which are at less than 0.1% may rise to 10% in the coming seven years; with the value of mobile banking rising 200 times to $3.5 trillion, says Bank of America Merrill Lynch. 
 
If reports are to be believed, branch-based transactions have gone down by 7% with Internet banking gaining popularity. The fact, however, might sound advantageous to the bank license winners. 
 The report also said that the internet expansion might make the digital banking soar and that digital banking customers may reach 230 million by 2020. <keyword id="1145566" type="UNKNOWN" weightage="20" keywordseo="Ketan-Doshi">Ketan Doshi</keyword>, MD Pay Point India Network says, “The list of names who were given payments bank licences indicate the RBI was looking at mostly people with deep pockets who could invest loads of cash and undertake heavy investment."

SBI Chairman tells Raghuram Rajan that Indian Banking system is not mature enough to handle payment banks

State Bank of India, the country's largest lender, today said most of the nation's bad loans belong to industries that are still in business and banks will probably recover the write-downs when growth turns up and they perform again, according to <keyword id="6367495" type="COMPANY" weightage="20" keywordseo="PTI">PTI</keyword>. Speaking at a seminar on '<keyword id="4501557" type="UNKNOWN" weightage="20" keywordseo="asian-banking-in-challenging-times">Asian Banking in Challenging Times</keyword>' here, <keyword id="13222" type="CITY" weightage="100" keywordseo="SBI">SBI</keyword> Chairman and Managing Director <keyword id="6379603" type="PERSON" weightage="20" keywordseo="Arundhati-Bhattacharya">Arundhati Bhattacharya</keyword> said the loans which have turned bad are because they are not producing enough money to cover their interest liability. And the reasons for that have been huge time overruns, leading to cost overruns, which lead to over leveraged positions, she said. About 16.6 per cent of loans to corporates - or about 8.4 per cent of the GDP - had been declared non-performing, according to Credit Suisse. Banks are straddled with anywhere between Rs 9 lakh crore to Rs 12 lakh crore of stressed assets - made up of bad loans, restructured debt and advances to companies that cannot meservicing obligations. The government yesterday through an ordinance amended law to give powers to the <keyword id="6354335" type="CITY" weightage="20" keywordseo="reserve-bank-of-india">Reserve Bank of India</keyword> (RBI) to order banks to initiate insolvency proceedings against defaulters and to create committees to advise them on recovering non- performing loans. "I still believe we have huge potential in the country. The difference of the NPLs (non-performing loans) this time around is the fact that many of the NPLs are assets that are still working," she said at the seminar held on the sidelines of annual meeting of the Asian Development Bank here. To set this NPL cycle right would need dilution of equity, paring down of debt and finally leaving the asset with debt that ensures that it can be sustainably serviced, <keyword id="721" type="PERSON" weightage="20" keywordseo="Bhattacharya">Bhattacharya</keyword> said, adding this will ensure that these units get the support to enable them to raise their capacity utilisation. "In view of the fact that our economy is still growing so there is demand over there which has to be properly nurtured and may be also channelised. If you do that, many of these units will probably come back and the write-downs that we will take will probably, not surely, but probably, we will be able to claw back at some point of time," Bhattacharya said. She said the Indian banking sector faces headwinds both in respect of over-leveraged corporate debt and "stiffer" regulatory requirements. The biggest challenges faced by the regulators, she said, was how to handle the bad debt situation to ensure that the resources are not wasted. "On the other hand they have to ensure that they are perceived as being conservative and they are perceived as doing the right thing for right reasons. So I think this is the challenge that we as a country have and the regulators have as well," Bhattacharya said.

SBI chairman positive of the bad loan situation in the country

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><a href="http://pictures.reuters.com/C.aspx?VP3=SearchResult&amp;VBID=2C04WN5XZ3KPL&amp;SMLS=1&amp;RW=1357&amp;RH=885">Shailesh Andrade/Reuters</a>Minister of Finance Arun Jaitley (L) and outgoing Reserve Bank of India Governor Raghuram Rajan (R)</div></div></div>Raghuram Rajan, the governor of the Indian central bank, <a href="http://www.businessinsider.com/r-indian-central-bank-chief-felt-undermined-in-weeks-before-quitting-sources-2016-6">announced last weekend</a> that he will be stepping down in September at the end of his first term - an abrupt decision that took the Indian government by surprise.The announcement also unsettled investors and the market, and <a href="http://www.businessinsider.com/fx-markets-june-20-2016-6">the rupee tumbled</a> following the news. Now comes the speculation about who will be the next Reserve Bank of India (RBI) governor - and what the potential risks and implications of each are. The Times of India reports that the government has already <a href="http://timesofindia.indiatimes.com/business/india-business/Government-shortlists-4-candidates-to-succeed-Raghuram-Rajan-as-RBI-governor/articleshow/52935959.cms?">narrowed the list of candidates</a> down to four - a current deputy governor of the RBI, two former deputy governors, and the chair of the State Bank of India. The current deputy governor, Urjit Patel, represents the smoothest transition and is the least risky choice, according to a new report from Capital Economics. In general, an appointee with experience at the RBI would provide the most continuity, and Patel's history would be regarded the most positively by the markets.Arundhati Bhattacharya, on the other hand, is the chair of the State Bank of India - the only candidate currently working in the banking sector as well as the only female candidate. Her appointment would involve more uncertainty about how closely aligned the bank would be with Rajan's current monetary policy views, which could be risky for financial markets.The biggest threat to India's markets, according to the Capital Economics report, is the autonomy of the RBI, as there have been concerns over the past 18 months that the government is attempting to rein in the RBI's independence. High-ranking officials have criticized Rajan for keeping interest rates too high and have called for rate cuts. If the new governor were to cut rates suddenly, or compromise the RBI's independence from the finance ministry, markets could react badly.The fact that the list of candidates is made up of economists, as opposed to government officials, sends a reassuring message to the markets. <a href="http://economictimes.indiatimes.com/news/economy/policy/government-likely-to-appoint-an-economist-to-succeed-raghuram-rajan-as-rbi-governor/articleshow/52930512.cms">The Economic Times wrote that</a> "The government feels appointing an economist will send a strong signal to the international community and address concerns over the RBI's monetary policy independence." The successor is expected to be announced in the next month, putting an end to the speculation and hopefully restoring the market. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/how-plucking-nose-hairs-can-cause-lethal-infections-2016-6">There's a 'danger triangle' on your face that could kill you if you're not careful</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="5hbDg1NDE6VPzJFT9U12Yu26BsdIvnPg" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

The Indian government has to find someone soon to replace the head of the central bank

<keyword id="1895647" type="ORGANIZATION" weightage="20" keywordseo="RBI-Governor-Raghuram-Rajan">RBI Governor Raghuram Rajan</keyword> has proved that he is not just any administrator but one who walks the talk. 
 
After taking up the job, Rajan had announced that promoters cannot continue to run a business after spoiling it. And he meant it. 
 
Banks have begun taking strict actions against the defaulters and are pursuing promoters like never before to get the transaction happening. 
 Banks like State Bank of India, ICICI, Axis Bank, Bank of Baroda, etc are reducing <keyword id="142154" type="UNKNOWN" weightage="20" keywordseo="bad-loans">bad loans</keyword>. 
 
"We've been putting a lot of pressure on these borrowers and they are now finding buyers with valuations closer to their expectations," Arundhati Bhattacharya of SBI told ET, adding “cash recovery is improving because of a lot of follow-up and effort." 
 
ET reported PNB recovered more than it did last year with total recovery and upgradations up at Rs 3,418 crore in the fiscal first half from Rs 2,365 crore a year earlier. 
 
Likewise, Axis Bank recovered Rs 300 crore, ICICI recovered Rs 1,253 crore. 
 
"Our options, when we look at a stressed loan, is either carry it as a zombie, pretend and lend or accept surgery. If we have a structural solution of capacity creation then the second is better otherwise we are down the path of first," Uday Kotak, vice-chairman of Kotak Mahindra Bank, told ET.

This serious thought by RBI Governor Raghuram Rajan is helping banks in recovering money

Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with the demand of new currency notes, as per an agency report. 
 
As the 50-day deadline for completion of demonetisation process draws near, there is a growing consensus among bankers that the restrictions on withdrawal would have to continue even in the New Year so as to maintain orderly working at the banks. 
 
Banks at many places are not in a position to disburse even the current limit of Rs 24,000 per week due to cash crunch and are rationing the valid currency depending on cash availability. 
 
If this limit is withdrawn for individual and businesses from January 2, it is unlikely that banks would be able to disburse the higher demand for valid currencies given the current cash position. 
 
"Most of us think that the withdrawal limit would not be completely withdrawn. It is a possibility that it could be relaxed if the cash situation improves," said a senior public sector bank official. 
 At a time when banks are struggling to methe demand of individual customers, it would be impossible to service <keyword id="6358354" type="ORGANIZATION" weightage="20" keywordseo="MSME">MSME</keyword> and big corporates which requires cash in large quantity, the official said, the practical way would be to relax it gradually. 
 Recently, SBI Chairperson <keyword id="6379603" type="PERSON" weightage="20" keywordseo="Arundhati-Bhattacharya">Arundhati Bhattacharya</keyword> had also indicated that restriction on withdrawals cannot be lifted entirely unless more cash is made available to banks. 
 
After the demonetisation of high value Rs 500/1000 notes, the government has fixed a limit of Rs 24,000 per week on withdrawal from bank accounts and Rs 2,500 per day from ATMs in view of the currency crunch that followed. 
 The government and RBI has not specified when the restrictions will be withdrawn. <keyword id="46929" type="POSITION" weightage="20" keywordseo="Finance-secretary">Finance Secretary</keyword> <keyword id="124932" type="PERSON" weightage="20" keywordseo="Ashok-Lavasa">Ashok Lavasa</keyword> had said the withdrawal cap would be will be reviewed after December 30. 
 
Even bank unions are also of the opinion that the restrictions cannot be done away with in one go. 
 In all likelihood the restriction on withdrawal would continue for some more time in the best interest of banks as well as customers at large, said All India Bank Officers' Confederation (AIBOC) General Secretary <keyword id="115352" type="PERSON" weightage="20" keywordseo="Harvinder-Singh">Harvinder Singh</keyword>. 
 
The situation of currency supply is known to everyone and it would be difficult to lift the limit from January 2, Singh said, adding that SME and small businesses are waiting for cap to go so that they can withdraw as per their requirement. 
 <keyword id="6354335" type="CITY" weightage="20" keywordseo="reserve-bank-of-india">Reserve Bank of India</keyword> has infused Rs 5.92 lakh crore in the banking system between November 9 and December 19 against Rs 15.4 lakh crore of scrapped notes. 
 
According to RBI, banks had got deposits of Rs 12.4 lakh crore defunct notes by December 10.

Cash crisis isn't ending after 30 Dec as note printing presses aren't able to keep with the pace

Now, no more forgetting that debit/credit card at the teller machine or checking twice and thrice before leaving a shopping mall in case we left the card at the billing counters! Here’s introducing the contactless debit and credit cards that come with a fraud cover of Rs 1 lakh, by the State Bank of India. 
 The <keyword id="2581731" type="UNKNOWN" weightage="20" keywordseo="contactless-cards">contactless cards</keyword> uses near field technology (NFC) that enables users to make payments by waiving or tapping the card near the contactless reader instead of swiping or dipping it. 
 
"The NFC technology makes the contactless cards very secure as the card never leaves your hand thereby reducing the <a href="http://economictimes.indiatimes.com/definition/risk" target="_blank">risk</a> of card loss and fraud. The customers can tap or wave the card at the POS machine enter the pin and complete the transaction to pay at busy locations," said bank said in a statement to media. 
 
To add to its merits, the card will come with emergency replacement facility anywhere in the world. 
 
"We will tie-up with campus, hospitals and corporate for card," said <a href="http://economictimes.indiatimes.com/topic/SBI" target="_blank">SBI</a> chairman <a href="http://economictimes.indiatimes.com/topic/Arundhati-Bhattacharya" target="_blank">Arundhati Bhattacharya</a> speaking to media while launching sbiINTOUCH card at Starbucks, as per a report in the Economic Times. She was optimistic that once RBI gets comfortable with NFC technology it would increase the minimum limit from Rs 2,000. The bank has tied up with Shoppers Stop, Reliance Retail, <a href="http://economictimes.indiatimes.com/topic/Big-Bazaar" target="_blank">Big Bazaar</a> and Starbucks. 
 The country's largest bank, <keyword id="13222" type="CITY" weightage="20" keywordseo="SBI">SBI</keyword>, will upgrade all its existing 2.20 lakh point of sale (PoS) machines to <a href="http://economictimes.indiatimes.com/topic/NFC" target="_blank">NFC</a> technology. The bank currently has 5,000 NFC enabled machines and it plans to launch 10,000 new PoS which will accept contactless cards. 
 SBI is the country's largest issue of <keyword id="6356475" type="UNKNOWN" weightage="20" keywordseo="debit-card">debit card</keyword> and the third largest issuer of <keyword id="6368202" type="ORGANIZATION" weightage="20" keywordseo="Credit-card">credit card</keyword> after <a href="http://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms" target="_blank">HDFC Bank</a> and <a href="http://economictimes.indiatimes.com/icici-bank-ltd/stocks/companyid-9194.cms" target="_blank">ICICI Bank</a>. As on December 2014, SBI has issued as many as 14.7 crore debit cards and 30 lakh credit cards. 
 
(Image credits: thinkstock)

SBI is ensuring you won’t ever bother again about forgetting your debit card in the ATM machine

<ul><li>The State Bank of India overstated its profits by as much as ₹9,500 crore for three years in between 2012-13 to 2014-15, according<a href="https://www.moneylife.in/article/exclusive-rbi-inspection-reports-on-sbi-reveal-evergreening-window-dressing-cover-ups-and-worse/57631.html"> </a>an expose by Moneylife.</li><li>The revelations came out of a Right To Information (RTI) application.</li><li>The country’s largest bank has suppressed employee fraud, covered bad loans, flouted anti-money laundering rules, covered up bad loans by a mechanism referred to as ‘window dressing’.</li><li>In many cases, the bank has not enforced securities provided on a loan, and loans were disbursed even before a charge was created on the collateral.</li></ul> A fourth of the country’s bank deposits are making their way to State Bank of India (SBI). But, how safe is it there? According<a href="https://www.moneylife.in/article/exclusive-rbi-inspection-reports-on-sbi-reveal-evergreening-window-dressing-cover-ups-and-worse/57631.html"> to an expose by Moneylife</a>, the bank has overstated its profits by as much as ₹9,500 crore for three years in between 2012-13 to 2014-15. What makes it worse is that all this information is available with the banking regulator, Reserve Bank of India (RBI), and the dated details came out after a petition was filed under the Right to Information (RTI) Act, by an activist Girish Mittal. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Year </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">Overstated profit </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">2012-13 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">₹1,220 crore </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">2013-14 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">₹5,038 crore </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">2014-15 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;">₹3,252 crore </td></tr></tbody></table> Source: Money Life There were two chairpersons running the bank during the period-- Pratip Chaudhuri was the chairman from 2011 to 2013 as Arundhati Bhattacharya too charge to stay on till 2017. SBI’s box of troubles The annual inspection of banks’ accounts by RBI has opened a Pandora’s Box where many evils came out—where the country’s largest bank has suppressed employee fraud, covered bad loans, flouted anti-money laundering rules, covered up bad loans by a mechanism referred to as ‘window dressing’, according to the report. An e-mail sent to SBI seeking answers on the revelations, did not elicit any response. Most Indian banks were found guilty of trying to hide the rising problem of bad loans. They would either give fresh loans to pay old ones or book the losses in a different year to soften the blow on the company’s financials. In SBI’s case, the RTI response reportedly revealed that these factors were seen in the loans given out to diamond trading and power sector. Loans to diamond traders have brought down banks, especially Punjab National Bank scam where diamantaire Nirav Modi made away with unpaid loans of ₹2 billion and is now in the UK. Yet, SBI is not in as much trouble, not from RBI who is aware of the situation, not from its 435 million customers --- that’s over 30% of India’s population! Like Goldman Sachs, it is everywhere and, probably, too big to fail. Flouting Norms The report says that the bank also flouted norms laid down by the Reserve Bank of India (RBI) itself with regards to Know Your Customer (KYC), lending limits set on sectors and individuals. The bank, as per the report, was also lax with its loans. In many cases, the bank has not enforced securities provided on a loan, wherein assets of defaulters are taken over. In some cases loans were disbursed even before a charge was created on the collateral. And, the suppression of data has happened at every level since most of the credit problems were never taken to the board as well. Scrubbing it clean In all, the bank performed a clean-up exercise every time a new chairman took over. The first year a new chairman comes in, huge amounts are written off the books, and has become a common practice with the bank. This leaves the chairman of the bank concentrating on ‘managing profits’. The owner of the bank however is the government. And it seems to be doing its part too. As non-performing assets as a result of bad loans increased and credit growth slowed down, the government is looking to recharge public sector banks (PSBs) with fresh funds. In the latest Budget 2019, the Finance Minister Nirmala Sitharaman said that they would be giving out as much as ₹75,000 crore to re-capitalise government banks, so that they can kickoff growth in the country, with renewed interest. The mistakes of the past have been conveniently forgotten. SEE ALSO 
 <div type="NEWSINCONTEXT" target="false" refhostid="261" refmsid="69557477" refmstype="2" refmssubtype="0"><cdata><![CDATA[An Indian bank is still making the same mistake of hiding the worst and hoping for the best]]></cdata></div>


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You Searched For "Arundhati Bhattacharya RBI" and got 9 results

Who will replace Raghuram Rajan as RBI Governor?

BI India Bureau

RBI May Not Cut Rate In Next Policy Review: SBI

BI India Bureau

SBI Chairman tells Raghuram Rajan that Indian Banking system is not mature enough to handle payment banks

BI India Bureau

SBI chairman positive of the bad loan situation in the country

BI India Bureau

The Indian government has to find someone soon to replace the head of the central bank

Chloe Pfeiffer

This serious thought by RBI Governor Raghuram Rajan is helping banks in recovering money

BI India Bureau

Cash crisis isn't ending after 30 Dec as note printing presses aren't able to keep with the pace

BI India Bureau

SBI is ensuring you won’t ever bother again about forgetting your debit card in the ATM machine

BI India Bureau

India’s largest bank was caught lying about its profits for 3 years but no one got punished, according to an expose

Katya Naidu

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