The Reserve Bank of India’s (RBI) proposal to link lending rates to an external benchmark might solve the persisting issue of monetary transmission but questions arise as to how these short-term rates could help in the effective pricing of long-tenure loans and how banks could convince their customers to shift …
Liquidation is last option for cases being referred to insolvency courts, says new SBI chief Rajnish Kumar
State Bank of India (SBI) managing director Rajnish Kumar, set to take over as the bank’s chairman on Saturday, spoke to reporters on Thursday about his plans for the bank and recent regulatory developments. The post Liquidation is last option for cases being referred to insolvency courts, says new SBI …
International Monetary Fund chief Christine Lagarde today said a worldwide economic recovery was taking hold, opening a window for countries to enact reforms aimed at attaining broader, lasting prosperity. The post World must seize the opportunity of global recovery, says IMF chief Christine Lagarde appeared first on The Financial Express.
Arundhati Bhattacharya – Captain Courageous: SBI chairman weathered NPA storm and more to ensure enviable track record for herself
A few months back, Arundhati Bhattacharya decided she wanted to understand the finer points of fintech. The post Arundhati Bhattacharya – Captain Courageous: SBI chairman weathered NPA storm and more to ensure enviable track record for herself appeared first on The Financial Express.
Saudi Aramco is the world’s largest oil company which is valued at $5 trillion
In 2017-2018 Russia hopes to win back the world leadership in export of wheat
President Vladimir Putin held talks with King of Saudi Arabia Salman bin Abdulaziz Al Saud
On September 21, the Bank of Russia announced financial recovery of B&N banking group
The White House has highlighted the benefits of its proposed tax cuts, while leaving it to Congress to find revenue to pay for them. Three basic moves could make the math work.
The downturn wiped out jobs that haven’t come back, a worrying sign for future recessions. But economists aren’t certain even a strong economy will solve the problem.
Quarles will take over as overseer of the U.S. banking system, filling the role Daniel Tarullo had before he resigned in April.
The data suggested robust business spending could help offset some of the economic drag of Hurricanes Harvey and Irma.
«Our number one target in these tax cuts should be what’s the path to 4 percent growth,» Rep. Luke Messer says.