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    1. April 29, 2016

      India’s wanted tycoon Vijay Mallya breaks his silence

      Vijay Mallya, the boisterous Indian beer and spirits tycoon, now cuts a chastened figure. His passport has been...

    2. April 20, 2016

      India’s banks face up to corporate debt problems

      India’s highly indebted tycoons and their anxious bankers have long hoped that time, and an economic upturn, would help...

    Special Reports

    1. Indian Banking and Finance

      Viewed from afar, 2015 should have marked the start of a golden age of Indian banking...
    Search more Special Reports on this topic.

    1. April 7, 2016

      Indian banks reject Vijay Mallya’s debt plan

      Indian banks have rejected an offer by Vijay Mallya, the erstwhile liquor baron, to settle the country’s most...

    2. April 5, 2016

      India trims interest rates amid economic headwinds

      India’s central bank on Tuesday trimmed interest rates by a quarter of a percentage point to the lowest in five years,...

    3. Fast FT

      April 5, 2016

      RBI cuts benchmark interest rate

      The Reserve Bank of India has trimmed its benchmark lending rate, following on from four rate cuts last year as low...

    4. February 25, 2016

      Infighting at the top puts the Indian economy at risk

      At a time when most emerging markets are sinking, India is an exception. Its growth estimate for 2015-16 has just been...

    5. February 11, 2016

      India’s central bank governor warns of need for ‘deep surgery’

      India’s central bank governor Raghuram Rajan has warned that the country must brace for more than a year of “deep...

    6. Fast FT

      February 2, 2016

      RBI leaves rates on hold

      The Reserve Bank of India is standing pat on interest rates. The benchmark repo rate remains at 6.75 per cent. The...

    7. January 27, 2016

      India’s markets lose their Modi mojo

      Narendra Modi swept to election victory on a pro-business economic platform on May 16 2014, pushing India’s benchmark...

    8. Fast FT

      January 19, 2016

      Fast Asia Open: back down we go?

      China’s GDP report may have offered some clarity on Tuesday but global markets still have little sense that the recent...

    9. Fast FT

      December 14, 2015

      India wholesale inflation narrows to -2%

      India’s deflationary trend looks to be coming to an end, as the index tracking wholesale prices narrows for a third...

    10. December 7, 2015

      Euroclear presses ahead with India government bonds

      Euroclear, the world’s largest securities settlement system, is pressing ahead with plans to include Indian government...

    11. December 2, 2015

      India’s headline GDP growth disguises problems below the surface

      So it is official. India is the only Bric left standing. Brazil, which shrank 4.5 per cent year on year in the third...

    12. FT Alphaville

      November 19, 2015

      Ever wondered what a strike by 17,000 Indian central bank employees looks like?

      The scene, as we went to pixel, outside the Reserve Bank of India in Mumbai — from where Rajan stares across the city —...

    13. November 1, 2015

      India’s Raghuram Rajan warns against intolerance

      Raghuram Rajan, India’s central bank governor, has appealed for tolerance of diverse opinions and challenges to...

    14. October 12, 2015

      India’s mobile banking threatens to hack into giants’ profits

      A sclerotic banking system is one of the areas most ripe for change in the technological upheaval gripping India. The...

    15. October 12, 2015

      No band-aid solutions for Indian banking’s problem loans

      Viewed from afar, 2015 should have marked the start of a golden age of Indian banking. The economy is recovering after...

    16. October 12, 2015

      India’s newly-licensed banks carry potential seeds of revolution

      You wait nearly a decade for a new bank to open in India and then more than 20 turn up at once. The first arrived in...

    17. October 12, 2015

      Central bank chief Raghuram Rajan wins credit for reform of monetary policy

      Central bankers tend to be viewed as cautious technocrats, fond of careful phrasing and averse to dramatic action. But...

    18. October 8, 2015

      India’s public banks are the weakest link

      The Indian government’s newly announced capital infusion programme for public banks is good news. But the Reserve Bank...

    19. October 7, 2015

      India’s Raghuram Rajan urges IMF and World Bank reforms

      International financial institutions should change they way they work to reflect the needs of emerging economies,...

    20. FT Alphaville

      September 30, 2015

      Why the RBI cut, charted

      I don’t know what you want to call me. Santa Claus is what, eh, [journalist x] called me earlier. You want to call me a...

    21. September 29, 2015

      India slashes rates by 50 basis points

      Weakening global economic conditions pushed India’s central bank to slash interest rates by a larger-than-expected 50...

    22. August 4, 2015

      Rajan stresses RBI policy independence

      Raghuram Rajan, the governor of India’s central bank, said the institution had reached a “broad consensus” with the...

    23. July 24, 2015

      India moves to reduce central bank powers on interest rates

      India’s government has signalled it will remove control of interest rates from the central bank, in a controversial...

    24. June 8, 2015

      India to crack down on companies that fail to repay loans

      India has increased pressure on its heavily indebted companies with rules that allow banks to push out business owners...

    25. June 3, 2015

      Domestic investors board India equity run

      Foreign fund managers piled into India last year, pushing shares to record highs. But with the country’s bull run...

    26. May 18, 2015

      Nimble private lenders take aim at India’s static banking sector

      With its jaunty branding and stewardesses decked out in identikit 50s-style wigs, India’s IndiGo airline seems a world...

    27. April 21, 2015

      RBI rate cuts evade India’s real economy

      When India held rates again this month it was less a sign of confidence in the economy or the end of inflationary fears...

    28. April 14, 2015

      Narendra Modi must tame the turbulent tax system in India

      Had Benjamin Franklin lived in modern day India he might have used a different word from “certain” to link death and...

    29. beyondbrics

      March 30, 2015

      Guest post: seven reasons why India will cut rates on April 7

      By Rajeev Malik of CLSA The general drift in the financial trenches is that Governor Raghuram Rajan of the Reserve Bank...

    30. beyondbrics

      March 13, 2015

      EM monetary policy and the fear of the Fed

      If there’s one thing that central banks like, it is being independent. But EM central bankers’ decisions are currently...

    31. March 4, 2015

      India makes second rate cut

      India’s central bank lowered its policy interest rate by 25 basis points to 7.5 per cent in an unscheduled meeting on...

    32. February 24, 2015

      Meet India’s old-style central banker

      Raghuram Rajan, the governor of the Reserve Bank of India, is what most central bankers used to be — an independent...

    33. FT Alphaville

      February 3, 2015

      FirstFT (the new 6am Cut)

      You can sign up to receive the email here. Greece’s new government outlined its plans to win over its creditors by...

    34. February 3, 2015

      Australia cuts rates to record low

      The Reserve Bank of Australia has sided with the growing flock of doves, becoming the latest global central bank to cut...

    35. February 2, 2015

      Ambani to enter India’s banking sector

      Billionaire industrialist Mukesh Ambani has unveiled plans to enter India’s banking sector, becoming the latest in a...

    36. January 20, 2015

      Rate cut stokes India’s year-long bull run

      Reserve Bank of India governor Raghuram Rajan handed investors a pleasant surprise to kick off 2015, offering up an...

    37. January 16, 2015

      India has every chance to outstrip China if it tries

      Forecasts this week by the World Bank revived a prediction often made down the years: that growth in one of the Asian...

    38. January 15, 2015

      Asia’s central bankers lean towards looser policy

      For the past few years Asian central bankers have faced a quandary — keep rates at record lows and stoke a potentially...

    Search for Raghuram Rajan and

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