Mundra flags concern over 'leaderless banks', calls for revamp
Concerned over large number of retirements of senior officials at public sector banks (PSBs) in the near future, Reserve Bank Deputy Governor SS Mundra on Wednesday pressed for the need to focus on HR management and said there cannot be a "leaderless bank".
Sep 28, 2016, 13:05 PM IST
Mundra downplays money deposit issue on zero-balance accounts
Terming instances of banks depositing money to reduce the number of accounts with zero balances as not a criminal act, Reserve Bank Deputy Governor S S Mundra on Monday said such stray incidents should not distract from the larger cause of financial inclusion.
Sep 19, 2016, 14:07 PM IST
RBI sets up working group on hedging of commodity price risk
Reserve Bank has set up a working group to review the guidelines for hedging of commodity price risk by residents in the overseas market amid rising volumes of cross-border trade.
Sep 14, 2016, 19:02 PM IST
FPIs stay bullish on equities; pump in Rs 9,000 crore in August
Overseas investors infused over Rs 9,000 crore into the country's equity markets in August, driven by global and domestic factors.
Sep 04, 2016, 11:52 AM IST
RBI, govt exploring introduction of interest-free banking
Reserve Bank and the government are exploring introduction of interest-free banking, also known as Islamic Banking, to financially include sections of the society that remains excluded due to religious reasons.
Aug 30, 2016, 16:49 PM IST
Masala bonds to ease capital constraints for banks: Fitch
RBI's move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) and tier II bond capital and also widen the investors pool, says Fitch.
Aug 26, 2016, 15:26 PM IST
Not much shift in RBI policy ahead, 0.25% cut likely: Report
With the government setting inflation target at 4 percent, the Reserve Bank is unlikely to make much shift in its stance going forward and may go for a 25 bps cut in the second half of the fiscal.
Aug 12, 2016, 16:13 PM IST
Rajan may keep rate static in his last monetary policy tomorrow
Reserve Bank Governor Raghuram Rajan in his last monetary policy on Tuesday may keep interest rate static as retail inflation continues to be above the comfort zone.
Aug 08, 2016, 14:02 PM IST
Raghuram Rajan calls on Jaitley ahead of monetary policy
Reserve Bank Governor Raghuram Rajan on Friday called on Finance Minister Arun Jaitley and is believed to have discussed the macroeconomic situation ahead of his last monetary policy review on Tuesday.
Aug 05, 2016, 20:36 PM IST
Congress stages protests in Delhi against price hike
Hundreds of Congress supporters and leaders on Wednesday protested here against the hike in the rates of essential commodities and slammed Prime Minister Narendra Modi for not fulfilling the promises he had made to the people before the 2014 Lok Sabha elections.
Jul 20, 2016, 13:57 PM IST
Reserve Bank keeps repo rate unchanged at 6.5 percent
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Jun 07, 2016, 14:37 PM IST
India's manufacturing output grows at slowest pace in 5 months in May
Manufacturing output in India grew at its slowest pace in five months in May, suggesting that the sector is "barely improving" and adding to the clamour for further interest rate cuts by the Reserve Bank.
Jun 01, 2016, 12:02 PM IST
RBI looks to check customer liability in banking frauds
The objective is to plan, evolve, prepare, develop, promote and publish comprehensive codes and standards for banks and providing fair treatment to customers.
May 23, 2016, 16:35 PM IST
Foreign banks not expanding due to India's riskier rating: Rajan
Foreign banks have stopped opening branches in India as they need to set aside a lot more capital due to the country's "higher risk" credit rating and they feel it is "not worth" doing so, Reserve Bank Governor Raghuram Rajan has said.
May 11, 2016, 11:59 AM IST
Raghuram Rajan unsure about second innings at RBI
Raghuram Rajan's three-year tenure as Reserve Bank of India (RBI) governor ends on September 4. Considering this, various speculations are being made on a daily basis whether Rajan will be awarded a second term by the present government or not.
May 09, 2016, 14:55 PM IST
Will make list of wilful defaulters public: RBI Governor
Reserve Bank is working on a new system for making public the list of wilful defaulters, while a new mechanism is being put in place for out-of-court settlement of bad loan-related disputes, Governor Raghuram Rajan said.
May 07, 2016, 23:33 PM IST
Raghuram Rajan favours higher tolerance to wealth, not prohibition
Calling money a "great equaliser", Reserve Bank Governor Raghuram Rajan on Saturday called for raising society's tolerance towards wealth rather than prohibiting its use.
May 07, 2016, 19:34 PM IST
Remittances by overseas Indians fall by 2.9%, first decline since 2009
For the first time since 2009, remittances by the overseas Indians slowed down bringing worries to external advisers of Reserve Bank of India (RBI) governor Raghuram Rajan abou the monetary policy impact.
May 06, 2016, 08:57 AM IST
India's services sector growth softens in April
Private sector activity in the country eased in April amid slower expansion in new business inflows in services sector while order books at manufacturers also broadly stagnated, adding to the clamour for further interest rate cuts by Reserve Bank.
May 04, 2016, 13:13 PM IST
Housing prices rose during Oct-Dec quarter of 2015-16: RBI
The latest Reserve Bank of India data released on Thursday states that housing prices rose during Oct-Dec quarter of 2015-16.
Apr 28, 2016, 23:07 PM IST
