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Not regulator’s job to decide for bank boards: RBI Governor
The Statesman Delhi
|November 08, 2025
It is not the regulator's job to make decisions for bank boards, Reserve Bank of India Governor Sanjay Malhotra said on Friday while speaking in the context of a wide range of reforms announced during the October review of the monetary policy.
"No regulator can, or should, substitute for boardroom judgment. Especially in a diverse country like ours, each case, each loan, each deposit is different~different risks, different opportunities," Malhotra said. Last month, the RBI had announced multiple measures, including allowing banks to finance acquisitions, increasing limits on loans against shares, and laying out draft norms for transitioning to the
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The Statesman Delhi
Not regulator’s job to decide for bank boards: RBI Governor
It is not the regulator's job to make decisions for bank boards, Reserve Bank of India Governor Sanjay Malhotra said on Friday while speaking in the context of a wide range of reforms announced during the October review of the monetary policy.
1 min
November 08, 2025
The Statesman Delhi
Dreams take time: Para-archer Sheetal looks forward to competing with able-bodied athletes
After scripting history by qualifying for her first able-bodied international meet, Paralympic medallist Sheetal Devi reflected on the achievement, saying that learning from every setback had helped her move closer to her goal of competing alongside able-bodied athletes.
1 min
November 08, 2025
The Statesman Delhi
India celebrates 100 years of Hockey with grand centenary gala
The Sports Authority of India and Hockey India marked 100 years of Indian hockey with a grand centenary celebration at the iconic Major Dhyan Chand National Stadium here on Friday.
2 mins
November 08, 2025
The Statesman Delhi
Markets rebound on metal and banking gains
The stock market recovered from the day's low to end with little change in the volatile session after the rebound in metal, banking and broader indices.
1 mins
November 08, 2025
The Statesman Delhi
Shah credits PM Modi for ending Maoism, boosting development
Union Home Minister Amit Shah said on Friday that Bihar has become Maoist-free after 25 years due to the efforts of Prime Minister Narendra Modi, who also built infrastructure in every corner of Bihar, marking the beginning of a new era of development.
1 min
November 08, 2025
The Statesman Delhi
FM tours Tata Electronics' Assam plant
Union Finance Minister Nirmala Sitharaman on Friday visited the upcoming semiconductor manufacturing facility of Tata Electronics Limited (TEL) at Jagiroad in Assam's Morigaon district ~ a project that marks a major milestone in India's semiconductor mission.
1 min
November 08, 2025
The Statesman Delhi
Rahul urges people of Bihar to stay strong, not allow vote theft
Leader of Opposition in Lok Sabha Rahul Gandhi on Friday addressed massive public rallies in Banka and Bhagalpur, saying that change is coming to Bihar.
1 mins
November 08, 2025
The Statesman Delhi
Birla Corp Q2 net profit at ₹90 crore, EBITDA up 71 pc
Birla Corporation Limited reported a strong performance in the September quarter with consolidated EBITDA rising 71per cent year-on-year to ₹332 crore, driven by improved profitability in both its cement and jute divisions.
1 min
November 08, 2025
The Statesman Delhi
Adani Kutch Copper ties up with Caravel
Adani Group's Kutch Copper Ltd has officially announced that it has signed a nonbinding memorandum of understanding (MoU) with Australia's Caravel Minerals Ltd to collaborate on the latter's copper project in Western Australia.
1 min
November 08, 2025
The Statesman Delhi
‘Bihar result will impact Modi’
An ex-Delhi MLA and prominent Congress leader, Alka Lamba has been active in politics for more than two decades. Having commenced her career as president of the Delhi University Students' Union (DUSU), Lamba later served as an AICC spokesperson. She now heads the All India Mahila Congress, concentrating on growing women's participation in politics and strengthening the party's grassroots network.
4 mins
November 08, 2025
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