Tag: N S Vishwanathan

Mumbai: Amid speculation that the government may have invoked a hitherto unused section to overrule the Reserve Bank of India (RBI) on the pretext of “public interest”, the central bank has shot back with its own definition of “public interest”. Reserve Bank Deputy Governor N.S. Vishwanathan, in a recent speech, said when a bank is […]

Mumbai: Reserve Bank of India (RBI) has ruled out any special liquidity facility for Non Banking Financial Institutions (NBFCs) saying there is enough in the system to meet their needs for borrowings and it is for the lenders to take a call on lending to the NBFCs. “Reserve Bank’s position is that there is adequate […]