Shri Rajeev Rishi has been appointed as Chairman and Managing Director, Central Bank of India with effect from August 1, 2013. Prior to his appointment as Chairman and Managing Director of Central Bank of India Shri Rishi was the Executive Director of Indian Bank since October 2010 Before joining Indian Bank, he was the General Manager of Oriental Bank of Commerce with rich experience in banking having worked in various […]
The First Quarter review has buttressed exchange rate as a deterministic variable influencing the stance of monetary policy. The policy acknowledges Rupee depreciation to pose systemic risks to macro economic stability and policy formulation Though Wholesale Price Index (WPI) inflation is on a downward trajectory and is largely within the comfort zone, there are upside risks. Moreover, retail inflation is potentially close to entering the double digit territory While asserting […]
