Banks can shift excess bonds from held-to-maturity 3 more times in 2015: RBI
Usually banks are allowed to transfer bonds to and from HTM to available-for-sale and held-for-trading once a year in April.
Oct 07, 2014, 19:24 PM IST
RBI should raise rates to contain inflation: IMF paper
The Reserve Bank may consider raising interest rates to bring down the persistently high inflation on a durable basis, suggested IMF working paper.
Oct 06, 2014, 18:06 PM IST
Don't follow straightjacket approach on inflation: RBI director
Reflecting on differences within the Reserve Bank, noted economist and RBI's independent director Indira Rajaraman on Thursday said the central bank should not follow a straightjacket approach of controlling inflation.
Sep 11, 2014, 20:11 PM IST
RBI net buyer of dollars for 4th month, scoops up $5.4 b in July
The central bank's intervention in the foreign exchange market is to curb volatility in the currency market.
Sep 10, 2014, 22:22 PM IST
Guarantor to be tagged wilful defaulter if obligations not met
Once branded a wilful defaulter, a person or entity cannot access institutional credit.
Sep 09, 2014, 21:32 PM IST
Finmin asks RBI to tighten monitoring to check fund diversion
Against the backdrop of Kingfisher case, the Finance Ministry has asked the Reserve Bank to tighten lending norms to prevent borrowers from opening multiple current account outside their consortium banks.
Sep 02, 2014, 18:09 PM IST
External debt up 8% at $440.6 bn in FY'14
India's external debt stood at USD 390 billion in the previous fiscal.
Aug 29, 2014, 17:16 PM IST
Foreign investors can buy govt bonds via secondary markets now
Reserve Bank on Thursday eased norms for overseas investors for purchasing government bonds, giving them flexibility to acquire instruments via secondary market without the need for going through exchange-registered stock brokers.
Aug 28, 2014, 20:21 PM IST
RBI in discussion on smooth trading by foreign investors: Khan
The Reserve Bank on Thursday said it is in the process of discussing with various players to see what best can be done to smoothen trading by foreign investors.
Aug 14, 2014, 19:59 PM IST
High interest rates will help in long-run: Rajan
The Reserve Bank's elevated rate structure may be painful in the short run, but will help in the long-term by containing inflation, Governor Raghuram Rajan said on Wednesday.
Aug 13, 2014, 23:31 PM IST
Merging strong banks ideal, need to be careful, says Rajan
Amidst talks of consolidation in the banking sector, Reserve Bank Governor Raghuram Rajan on Wednesday stated merging strong banks will bode well for the economy while saying that one needs to be "very careful" in deciding who to merge with whom.
Aug 13, 2014, 23:28 PM IST
India needs bankruptcy code: Raghuram Rajan
Rajan said there should also be clear distinction between debt and equity.
Aug 13, 2014, 22:08 PM IST
RBI sparks confusion despite $4.1 billion in cash injections
Although the overnight cash rate closed at 8.00/8.05 percent, in line with the repo rate, it fluctuated in a wide 8.00 percent to 8.80 percent range through the session.
Aug 12, 2014, 20:17 PM IST
RBI net buys $597 mn in spot forex market for 3rd month in June
The Reserve Bank became net purchaser of dollars for the third consecutive month in June this fiscal as it bought USD 597 million from the spot market.
Aug 12, 2014, 18:31 PM IST
RBI discussing new monetary policy with finance ministry
Reserve Bank Governor Raghuram Rajan on Sunday said that the RBI has started discussions with the finance ministry on the proposed monetary policy framework.
Aug 10, 2014, 21:22 PM IST
RBI won't keep interest rates high longer than needed: Rajan
Reserve Bank Governor Raghuram Rajan on Tuesday further cemented anti-inflationary stance saying price stability is the best insurance for high and sustainable growth, but also assured a low interest rate regime if all goes well on the macro, inflation and the external fronts.
Aug 05, 2014, 19:51 PM IST
India no longer a problem economy: Rajan
Reserve Bank Governor Raghuram Rajan on Tuesday said India has emerged from the perception of being in crisis and has placed itself as a better place to remain invested.
Aug 05, 2014, 19:00 PM IST
Claimants of dormant A/c to get 4% return
The Reserve Bank has established the Depositor Education and Awareness Fund (DEAF) to create awareness about such dormant accounts.
Jul 22, 2014, 16:17 PM IST
Foreign investment limit in Kotak Mahindra Bank raised to 40%
The RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.
Jul 18, 2014, 20:35 PM IST
RBI eases norms to buy immovable property abroad
Reserve Bank today said individuals can also use funds under Liberalised Remittances Scheme (LRS) to buy immovable property abroad.
Jul 17, 2014, 21:27 PM IST
