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09 Jun 2016

Rajan planted 'a time bomb' in the financial system that will explode in December: Swamy's new salvo

"R3 (Raghuram Rajan) planted a time bomb in our financial system in 2013. It is timed for December 2016. The redeemable USD 24 billion in f.E. To be paid out by banks," Swamy tweeted.

13 Apr 2016

IMF says financial stability risks rising, urges bank asset repair

World financial markets have calmed after turmoil earlier this year, but more needs to be done to ensure global financial stability amid slowing growth, weak commodity prices and worries about China`s economy, the International Monetary Fund warned on Wednesday.

06 May 2015

Two billion people do not have bank accounts: IMF chief

Nearly two billion people globally do not have bank accounts including those in the US, IMF chief Christine Lagarde said Wednesday, ruing that financial systems around the world despite being sizable exclude many individuals from financial services.

27 Feb 2015

Govt to bring 21st century financial system to every doorstep

Government is committed to bring 21st century financial system to every household in the country and was taking a number of steps in this regard, Lok Sabha was informed on Friday.

29 Dec 2014

RBI for closer examination of promoters' share pledging

With banks in India facing deteriorating asset quality, RBI on Monday said certain corporate practices of using multi-layered structures and pledging of shares to raise funds from banking system need to be examined.

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