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Not regulator’s job to decide for bank boards: RBI Governor

The Statesman Siliguri

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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.

- STATESMAN NEWS SERVICE

"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

MEER VERHALEN VAN The Statesman Siliguri

The Statesman Siliguri

Six killed, over 10 critically injured in blast at sponge iron plant in Chhattisgarh

At least six workers were killed, and more than ten sustained critical burn injuries after a powerful explosion ripped through a sponge iron unit in Chhattisgarh’s Balodabazar-Bhatapara district on Thursday morning.

time to read

1 mins

January 23, 2026

The Statesman Siliguri

Campaigning starts for Bangladesh’s first national election after Hasina’s ouster

Campaigning began Thursday for Bangladesh's first national elections since the 2024 uprising that ousted longtime Prime Minister Sheikh Hasina.

time to read

1 min

January 23, 2026

The Statesman Siliguri

India slips in quest for economic freedom

Economic freedom is one of the most desired fundamental human rights.

time to read

5 mins

January 23, 2026

The Statesman Siliguri

Diverse voices, unforgettable human journeys

The Virasat Anthology of Short Stories, comprising 34 short stories, is an eclectic collection of diverse voices.

time to read

5 mins

January 23, 2026

The Statesman Siliguri

Ministry of Skill Development signs MoU with WEF in Davos

India’s Ministry of Skill Development and Entrepreneurship (MSDE) signed a Memorandum of Understanding (MoU) with the World Economic Forum (WEF) in Davos to collaborate on strengthening India’s skills and Technical and Vocational Education and Training (TVET) ecosystem, as per the official statement.

time to read

2 mins

January 23, 2026

The Statesman Siliguri

FCV tobacco farmers meet Finmin Sitharaman over tax hike

A delegation of FCV tobacco farmers from Andhra Pradesh, Telangana and Karnataka, led by Daggubati Purandeswari, Member of Parliament from Rajahmundry, on Thursday met Union Finance Minister Nirmala Sitharaman seeking review of tobacco tax hike.

time to read

1 min

January 23, 2026

The Statesman Siliguri

Sanatan row: DMK slams Madras H Court quashing FIR against Amit Malviya

Coming to the defence of Tamil Nadu Deputy Chief Minister and ruling DMK’s Youth Wing Secretary Udhayanidhi Stalin in the Sanatan row, the party has termed ‘wrong’ the Madras High Court quashing the FIR against BJP IT Cell chief Amit Malviya (photo) for his remarks against the former.

time to read

1 min

January 23, 2026

The Statesman Siliguri

People should protest SIR harassment: Mamata Banerjee

Chief Minister Mamata Banerjee on Thursday urged people to protest against what she described as harassment by the Election Commission of India (ECI) in the name of the Special Intensive Revision (SIR) of electoral rolls.

time to read

1 mins

January 23, 2026

The Statesman Siliguri

Managed Transition

The appointment of Nitin Nabin as the national president of the Bharatiya Janata Party (BJP) marks a moment that is less dramatic than it appears, yet more revealing than it seems.

time to read

2 mins

January 23, 2026

The Statesman Siliguri

Australian Open: Sinner, Fritz through to third round, Osaka survives another three-set scare

World No. 2 Jannik Sinner, No. 9 Taylor Fritz, and Japanese star Naomi Osaka secured victories in their second-round matches on the fifth day of the Australian Open to storm into the third round of the first Grand Slam of the season.

time to read

2 mins

January 23, 2026

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