Pressure rising on RBI to cut rate tomorrow
Most bankers and experts believe that the possibility of an interest rate cut by the Reserve Bank on August 4 is very low as retail inflation remains high.
Aug 03, 2015, 14:56 PM IST
RBI likely to cut rate by 0.25% tomorrow: Moody's Analytics
The research firm also said recent global developments also suggest limits to inflation pressure, with the tumbling of global commodity prices, particularly crude oil, on the back of the Iran nuclear deal.
Aug 03, 2015, 12:16 PM IST
Govt signals retreat over plans to clip RBI wings
The draft legislation, published on Thursday for public comments, calls for creation of a rate-setting panel, and permits the government to appoint more than half of its members.
Jul 27, 2015, 16:06 PM IST
FII limit in G-secs to be revised twice annually: Rajan
Promising a steady increase in FII investment limit in government bonds, RBI Governor Raghuram Rajan on Thursday said the ceiling will be revised twice a year and efforts are being made to make such investment easier.
Jul 02, 2015, 18:49 PM IST
Global economy recovering; nowhere near depression: Rajan
Global economy is in a recovery mode which is still weak, but the overall situation is "not anywhere" like the depression of 1930s, Reserve Bank Governor Raghuram Rajan said on Thursday.
Jul 02, 2015, 16:28 PM IST
Rajan did not imply world facing new Great Depression: RBI
"We need rules of the game in order to effect a better solution. I think it is time to start debating what should the global rules of the game be on what is allowed in terms of central bank action," he said.
Jun 28, 2015, 18:40 PM IST
Raghuram Rajan warns of Great Depression-like problems in world economy
Rajan, who is among the few to have predicted the 2008 financial crisis, said the problem was a "broader" one and for the entire world -- not just for industrial countries or emerging markets.
Jun 26, 2015, 10:35 AM IST
Rajan-led panel shortlists 11 for PSU banks MD post
It is expected that the Cabinet headed by Prime Minister Narendra Modi may finalise names of five successful candidates in a month or so, after requisite procedures are fulfilled, sources said.
Jun 21, 2015, 16:05 PM IST
Food price surge puts Raghuram Rajan on the back foot
RBI Governor Raghuram Rajan has cut interest rates three times this year to boost growth, but he has since warned he will not cut again if poor rains drive up prices and threaten his inflation target.
Jun 21, 2015, 08:44 AM IST
Private bankers to be interviewed for CEO/MD post at 5 large PSBs
While the age limit was increased to 57 years, from 55 years earlier, the mandatory board-level experience for the applicants were reduced to one year from three years previously to invite more experienced talent for heading large public sector banks.
Jun 11, 2015, 18:06 PM IST
RBI Governor Rajan meets FM Jaitley
Reserve Bank Governor Raghuram Rajan on Thursday met Finance Minister Arun Jaitley and discussed macroeconomic issues.
Jun 11, 2015, 13:42 PM IST
First set of small, payment bank licences in 2 months: RBI
The RBI had received 72 applications for small finance bank licences and 41 applications for payment bank licences.
Jun 07, 2015, 13:09 PM IST
Rajan says not more comfortable on inflation now than in April
The central bank cut its policy repo rate by 25 basis points to 7.25 percent on Tuesday, for the third time this year, to boost investments and growth.
Jun 03, 2015, 14:04 PM IST
I am happy to let it go to the government: Rajan on PDMA
Reserve Bank Governor Raghuram Rajan on Thursday said there was no reason for RBI to manage public debt and he would be happy if the debt management function goes to the government.
May 28, 2015, 22:08 PM IST
Make in India should not entirely focus on global markets: Rajan
Reserve Bank Governor Raghuram Rajan on Thursday said it was a 'worthwhile ambition' to pursue Make In India campaign but cautioned that the whole effort should not be made towards producing for overseas markets as global slowdown could create problems.
May 28, 2015, 19:51 PM IST
Rate cut likely on or before June 2 policy review: Experts
The Reserve Bank is likely to go for a rate cut on or before the June 2 policy review as the CPI inflation fell to a 4-month low of 4.87 per cent in April and industrial output declined in March, say experts.
May 13, 2015, 18:10 PM IST
Raghuram Rajan says MPC discussion not currently top of list
Governor Raghuram Rajan said in an interview with an English daily that the central bank is "on the same page" as the government on many issues.
Apr 17, 2015, 10:05 AM IST
FM Jaitley leaves for US today to attend IMF-World Bank meet
Finance Minister Arun Jaitley is leaving for the US Tuesday night to attend the IMF-World Bank Spring meetings in Washington.
Apr 14, 2015, 09:00 AM IST
RBI Governor Raghuram Rajan brushes off talk of top IMF role: Report
The head of RBI, Raghuram Rajan, has brushed off talk that he could be a candidate for the top job at the International Monetary Fund when Christine Lagarde`s term ends next year, according to a newspaper interview.
Apr 08, 2015, 10:36 AM IST
RBI chief says banks too exposed to infrastructure
The Reserve Bank of India (RBI) chief said on Thursday the country`s push to build infrastructure should not come at the expense of financial stability, adding banks already had too much exposure to the sector.
Apr 02, 2015, 14:59 PM IST
