India

Will allow rural customers easy withdrawals.

Will preserve economic stability.

Down almost 5% year-on-year.

Debt market outlook Indian debt market witnessed heightened volatility during the last week due to Central Bank’s measure to curb liquidity in the system by reducing the limit on LAF repo window to Rs 75,000 Cr and simultaneously increasing the cost of borrowing under the marginal standing facility rate by 200 bps to 10.25%.

He was formerly based in Hong Kong.

Reserve Bank of India issues slew of policy directives.

Visa will be its partner.

Boosted by interest and non-interest income.

Will serve in this post until August 26, 2015.

Formerly executive director, Bank of India.

Part of frantic effort to stop rupee’s plunge.

Rating cut to “cautious” from “in-line.”

Banks penalized for breaking anti-money laundering and other regulations.

Part of its strategy to diversify funding sources.

Need to raise US$25 billion by March 2018.

Currency has lost 12% since April.