Moodys upgrades rating of four Indian banks 

The Moodys headquartered at NewYork has upgraded the the grading of four Indian banks from Baa3 -Baa2.The four banks are State Bank of India,HDFC bank, Exim bank and Indian Railway Finance Corporation. 

Urjit Patel on BIS advisory board 

RBI governor Urjit Patel has been selected to the Financial Stability Institute Advisory Board or the Bank of International Settlement (BIS), a global financial organisation owned by major central banks from across the world.