Governance gaps found in some banks: RBI chief Shaktikanta Das – Times of India

[ad_1] MUMBAI: The Reserve Bank of India has come across instances of some banks trying to conceal the real status of their stressed assets while governance gaps have also been noticed at certain lenders, its governor said on Monday.“During the course of our supervisory process, certain instances of using innovative ways to conceal the real … Read more

Rbi: Pausing interest rate hike not in my hands: RBI governor Shaktikanta Das – Times of India

[ad_1] NEW DELHI: Reserve Bank governor Shaktikanta Das on Wednesday said the decision to tweak policy rates was not in his hand as he himself is driven by the situation on the ground.In April, the Reserve Bank in a surprise move hit the pause button and decided to keep the key benchmark policy rate at … Read more