RBI’s Challenge in Choosing Raghuram Rajan’s Successor.
“I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016,” RBI Governor Raghuram Rajan said in a message to the RBI staff. While his decision to...
View ArticlePNB-Nirav Modi Scam. What did RBI do?
Is giving Letter of Credit / Letter of Understanding to Nirav Modi is a mistake by PNB? Actually, according to the banking procedures, there should be a collateral while lending money. Any lender...
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