[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
[ad_1] NEW DELHI: Reserve Bank governor Shaktikanta Das is scheduled to meet the board of directors of all public sector banks on Monday to discuss issues related to governance and ethics. The one-day meeting organised by the Department of Supervision of the Reserve Bank of India is to be held tomorrow in Delhi, sources said.Das … Read more
[ad_1] MUMBAI: Reserve Bank governor Shaktikanta Das on Thursday made it clear that the decision to hold rates should be seen as a pause, and not as a pivot.The rate-setting Monetary Policy Committee (MPC) will act on the rates as and when necessary, Das said.“If I have to characterise today’s monetary policy in just one … Read more