RBI Governor

Rajan's tryst with Tuesdays: Preferred day for policy reviews

In the current fiscal beginning April 1, 2014, Rajan has undertaken four monetary policy reviews so far and the fifth would take place on December 2, with all these five being on Tuesdays.

Nov 30, 2014, 14:36 PM IST

Rajan changed his views after becoming RBI Guv: Srikrishna

It had also suggested creation of a unified financial sector regulator comprising SEBI, IRDA, FMC and part of RBI.

Nov 29, 2014, 20:41 PM IST

Direct banks to extend credit for paying penalties: Assocham

In a recent communication addressed to RBI Governor Raghuram Rajan, it has also said credit was also required for payment of upfront bid amounts for participation in the coal block bidding.

Nov 28, 2014, 20:19 PM IST

Analysts see Rajan holding rates on Dec 2

Governor Raghuram Rajan will unveil the fifth bi-monthly monetary policy review on December 2.

Nov 27, 2014, 17:37 PM IST

RBI unlikely to cut rate in next policy review: SBI chief

"RBI Governor has indicated that he will be data driven...May be by the end of the fiscal (cut in the interest rate by RBI)," she added.

Nov 20, 2014, 16:15 PM IST

RBI chief Rajan wants focus on sustainable growth

India will focus on sustainable economic growth and developed economies should do the same, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.

Nov 19, 2014, 09:13 AM IST

RBI to invite applications for small banks by month-end: Rajan

Addressing micro-financiers at a Nabard function here, Rajan also said that microfinance borrowers should be protected from arbitrary loan pricing.

Nov 13, 2014, 13:32 PM IST

Applications for small banks by month end: Raghuram Rajan

The Reserve Bank of India Governor Raghuram Rajan on Thursday said that the central bank will invite applications for small and payement banks by the end of this month.

Nov 13, 2014, 12:33 PM IST

Bond market sees rate cuts even as RBI talks tough on inflation

The bond rally - and the lower yields that result - comes as the consumer price index eased to 6.46 percent in September.

Nov 10, 2014, 09:06 AM IST

RBI to be dovish on Dec 2, but rate cut in Feb only: Report

The Reserve Bank of India (RBI) is likely to take a "more dovish" stance in its upcoming monetary policy review on December 2 and may go in for a cut repo rate in February, according to a British brokerage house report.

Nov 09, 2014, 11:44 AM IST

Appointment of 8 bank CMDs by Nov-end; interview on Nov 13-14

An appointment board, headed by RBI Governor Raghuram Rajan, will hold interviews of eligible candidates for the post of CMDs of 8 public sector banks on November 13-14, Financial Services Secretary G S Sandhu said on Friday.

Oct 31, 2014, 21:34 PM IST

Selection process of CMDs of 8 PSU banks to start on Nov 13

Banking Secretary G S Sandhu on Friday said that the selection process of chairman and managing director (CMD) of 8 PSU banks will start on November 13 and the appointments will be made by end of November.

Oct 31, 2014, 18:54 PM IST

Govt to start selection for 8 PSU bank heads by Nov-end

A panel, headed by RBI Governor Raghuram Rajan, is expected to hold interviews of eligible candidates for the post of Chairman and Managing Directors of 8 public sector banks in the last week of November.

Oct 30, 2014, 21:41 PM IST

RBI governor Rajan calm on prospect of US rate rise

Rajan said a Fed rate hike would create currency volatility and, given differences in dollar and euro interest rates, would raise a question for India - "do we go closer to the dollar, do we go close to the euro?"

Oct 12, 2014, 09:16 AM IST

RBI appoints 3 new executive directors

The Reserve Bank of India governor Raghuram Rajan on Wednesday announced restructuring in few of its department as part of an overall reorganisation exercise.

Oct 09, 2014, 12:53 PM IST

We have political will to undertake financial reform: Raghuram Rajan

"Financial reform is not difficult - we have the political will to improve," the Indian Consulate here tweeted the RBI governor as saying during an event on Wednesday.

Oct 09, 2014, 10:22 AM IST

Rajan softens stance on Jan Dhan, says its a welcome scheme

The RBI governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.

Sep 30, 2014, 14:03 PM IST

Rajan meets Mayaram ahead of monetary policy review

Ahead of monetary policy review on September 30, RBI Governor Raghuram Rajan on Friday met Finance Secretary Arvind Mayaram and is believed to have discussed macroeconomic issues, according to sources.

Sep 26, 2014, 20:28 PM IST

India needs 'sensible' regulations to spur growth: Rajan

Rajan said the country's needs a vibrant financial system which will finance people who want to create jobs and also those who want to pursue higher education.

Sep 24, 2014, 21:50 PM IST

Dip in IIP shows recovery is still uneven: Rajan

Reserve Bank Governor Raghuram Rajan said the latest weak IIP data only underlines the fact that the economy needs a pick up in investment growth and that the recovery is still uneven.

Sep 15, 2014, 15:07 PM IST