RBI to issue norms for single authentication in few weeks: Khan

Last Updated: Sunday, February 22, 2015, 16:29

"The process is under way... We will come out with guidelines (on single authentication payment) in the next few weeks," RBI Deputy Governor H R Khan told PTI.

RBI asks banks to brace for high attrition levels

Last Updated: Friday, February 20, 2015, 17:54

With the banking sector being thrown open to niche as well as more private players, RBI deputy governor R Gandhi on Friday warned the industry to brace for higher attrition, being already faced by highly unionized public sector lenders.

Ghana inks MoU with Apollo Hospitals

Last Updated: Monday, February 16, 2015, 17:52

Ghana`s health ministry Monday signed a MoU with India`s Apollo Hospitals Group to develop tertiary health care services in the west African country and specialized medical treatment for patients in its institutions here.

G20 plan for investment targets runs into stiff opposition

Last Updated: Monday, February 9, 2015, 21:21

Deputy Prime Minister Ali Babacan said Turkey - G20 chair for 2015 - preferred to set binding national investment targets and that the idea was under discussion. But it appeared to be struggling to win support.

Bank of Japan deputy governor says price uptrend intact, defends two-year timeframe

Last Updated: Wednesday, February 4, 2015, 09:47

Bank of Japan Deputy Governor Kikuo Iwata said on Wednesday the recent collapse in oil prices has not hampered a broad uptrend in consumer prices, stressing that the effect of the bank`s monetary stimulus is working its way through the economy.

RBI Deputy Governor welcomes Airtel, KMB tie-up

Last Updated: Friday, January 30, 2015, 12:18

The deputy governor also welcomed the deal between Airtel and KMB, saying the RBI has been pushing for such tie-ups for long.

Finance ministry welcomes RBI rate cut as inflation drops

Last Updated: Thursday, January 15, 2015, 10:16

Deputy Finance Minister Jayant Sinha also told Reuters that the quarter-point rate cut would mark an "inflection point" after a period of high interest rates.

Crude price slump a boon for India, says RBI

Last Updated: Tuesday, January 13, 2015, 17:03

The dramatic fall in global crude prices is a big boost for India as it can bring down the country's annual oil import bill by about USD 50 billion, RBI Deputy Governor Urjit Patel has said.

'Not just credit cost, other factors too slowing loan offtake'

Last Updated: Friday, January 2, 2015, 21:18

Defending RBI policies on interest rates, Deputy Governor S S Mundra on Friday said not just cost of capital but other factors are also responsible for low credit offtake.

Uber complying with RBI norms, says Dy Governor Khan

Last Updated: Monday, December 8, 2014, 14:30

The Reserve Bankon Monday said the US-based controversial cab operator Uber is complying with the central bank norm with regard to payment systems.

Magistrate court orders DNA test

Last Updated: Saturday, January 25, 2014, 16:55

A local court has ordered a DNA test for a Deputy Superintendent of Police to determine the paternity of the minor daughter born to a woman constable, who allegedly committed suicide.

Rs 3 crore worth disproportionate assets seized from top Indore official

Last Updated: Friday, January 24, 2014, 02:07

Lokayukta police conducted a raid on Thursday against Labour Department Deputy Commissioner LP Pathak and recovered details of properties worth over Rs 3 crore disproportionate to his known sources of income.