Banks need to urgently reduce stressed assets: RBI deputy Governor

Last Updated: Tuesday, September 15, 2015, 10:39

His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again.

Low inflation regime to last longer: Gandhi

Last Updated: Wednesday, September 9, 2015, 00:24

The current regime of low inflation is likely to sustain for a longer period, Reserve Bank Deputy Governor R Gandhi said Tuesday.

Jet Airways runs special flight for under-privileged kids

Last Updated: Thursday, August 20, 2015, 15:40

Giving wings to the dreams of flying and making a positive impact on the minds and lives of 130 under-privileged children, private carrier Jet Airways operated a special hour-long flight for them, which took off from the Indira Gandhi International Airport here.

Cabinet approves direct release of wages to MGNREGA workers

Last Updated: Wednesday, August 5, 2015, 22:34

The Union Cabinet Wednesday approved release of wages directly to the accounts of the workers engaged under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

Jet Airways Hong Kong-Delhi flight timings re-scheduled

Last Updated: Wednesday, July 29, 2015, 20:00

Private carrier Jet Airways has re-scheduled its daily flight from Hong Kong to Indira Gandhi International airport here to facilitate smooth onward connections to the flyers.

Air India Express to hire trainee pilots from IGRUA

Last Updated: Friday, July 24, 2015, 20:00

Budget carrier Air India Express Friday said it plans to recruit 40 trainee pilots and majority of them would be from Indira Gandhi Rashtriya Uran Akademi (IGRUA).

RBI's Gandhi asks PSU banks to space out fund-raising plans

Last Updated: Tuesday, July 14, 2015, 15:38

Gandhi said there is a need for banks to shore up their capital in view of the migration to the capital-intensive Basel-III framework over the next four years and added that there are many ways to do so.

SEBI working on reporting platform for debt securitisation: RBI

Last Updated: Tuesday, July 14, 2015, 11:42

India`s market regulator is working on a platform for reporting securitisation deals, Reserve Bank of India deputy governor R Gandhi said on Tuesday.

MNREGA world's largest public works programme: World Bank

Last Updated: Wednesday, July 8, 2015, 00:26

India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 percent of the country's population, the World Bank has said.

Frauds can't be wished away; banks among easy prey: RBI

Last Updated: Sunday, June 28, 2015, 16:15

"More often than not, the frauds lead to tighter regulations. These aim at bringing in both corrective and preventive measures," he said, while adding that banks must follow three KY Principles, Know its Customer, Know its Employee and Know its Partner, to check frauds.

State-owned banks will need additional capital to meet adequacy norms: RBI

Last Updated: Friday, June 26, 2015, 14:54

Reserve Bank Deputy Governor R Gandhi on Friday said state-owned banks are "adequately" capitalised at present but would need additional money to comply with global capital adequacy norms in the future.