If a pattern exists, RBI Executive Director VK Sharma is the frontrunner for the deputy governor's post, which falls vacant on June 30, when current Deputy Governor Shyamala Gopinath retires.
FlashNews:
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
Government to fund green energy conversion of state-run refineries
Powergrid will issue bonds to raise up to Rs 9 billion
Domestic aluminum players need to invest to meet net0 target
RBI suggests holding company model
Large financial groups will adopt a holding company model irrespective of their having a bank, an RBI appointed working group has suggested.
It is during the project execution stage that the boys will be differentiated from the men
Andhra Bank recently announced plans to focus on infrastructure lending. Although relatively modest in volumes, at Rs 12,650 crore, the bank has devoted approximately 19 per cent to infrastructure.
There is a large gap in demand over supply of bank credit among bankable and viable projects
As the leader in a consortium lending to the Vizhinjam Seaport, State Bank of Travancore (SBT) will play a major role in Kerala’s industrialisation.
Public agencies in cities should participate in low cost housing projects on PPP
How do you make projects in low cost housing, a social necessity, also viable and attractive to large private companies?
Forecast: Credit to continue upward
The Indian banking sector has withstood the global financial turmoil and continued to grow at a healthy pace.
Expressways can't be built without corporate bonds
Overdependence on bank funding of infrastructure will put unreasonable pressure on those financial institutions.
Credit to infra industry up 67% of incremental lending
The Reserve Bank of India (RBI)’s says that bank credit to industry has increased 11.7 per cent this fiscal year, as much as two-thirds of that increase is on account of lending to infrastructure.
RBI: 2G loans in line with norms
The Reserve Bank of India (RBI) today exuded confidence that loans given to 2G spectrum licence holders would not turn into bad debts on account of the scam in allocation of radiowaves.