Tag Archives: Governor

Viral Acharya, New Reserve Bank Deputy Governor, Has An Impressive CV

The government has appointed Viral V. Acharya, a professor of economics at New York University, as one of the Reserve Bank of India’s four deputy governors for a term of three years, according to a statement on Wednesday. Since 2008, Dr Acharya has been teaching at the Stern School of Business in New York University. . Prior to joining NYU ... Read More »

On RBI Governor, You’ll Know Conclusion, Not Process: Finance Minister

No decision has yet been reached to appoint next RBI governor, Arun Jaitley said. New Delhi:┬áNo decision has yet been reached to appoint India’s next central bank governor, Finance Minister Arun Jaitley said on Thursday, 18 days before the incumbent is due to stand down. A senior aide to Prime Minister Narendra Modi said he was “expected to make up ... Read More »

Feel ‘Underpaid’ As RBI Governor, Quips Raghuram Rajan

RBI chief Raghuram Rajan’s total monthly emoluments stood at Rs 1,98,700 for July 2015. Reserve Bank Governor Raghuram Rajan on Tuesday flagged the difficulties that public sector banks face in attracting top talent. State-run lenders tend to overpay at the bottom but underpay their top executives, Dr Rajan said, adding jokingly that he himself felt “underpaid”. “One of the problems, ... Read More »

Lower Fresh Bad Loans In Q1 Of 2016-17: RBI Deputy Governor

Mumbai: Fresh bad loans moderated in the first quarter of 2016-17 as most banks have improved their recovery process, Reserve Bank of India Deputy Governor S S Mundra said on Tuesday. “Looking at the first quarter earnings, two trends are quite clear – there is moderation in the accretion of new NPAs and most banks have shown a much better ... Read More »

RBI Deputy Governor Slams Bankers For Neglecting Small Businesses

Mumbai: Reprimanding lenders for neglecting small businesses, Reserve Bank of India Deputy Governor R Gandhi on Wednesday said banks can survive only if they are socially relevant and look beyond immediate profitability goals. “If you make yourself socially relevant, not just relevant in an economic sense alone, you can have hopes to exist,” Mr Gandhi said at the annual banking ... Read More »