Reserve Bank of India to increase insurance cover on deposits
Reserve Bank of India will soon increase insurance cover on bank deposits.
Sep 12, 2015, 09:54 AM IST
Services sector improves further on new business orders: PMI
Services sector improved further in August as new orders received by private firms increased at the fastest rate in five months, says a survey.
Sep 03, 2015, 11:22 AM IST
India's business optimism falls to its lowest level since 2005
India`s services industry grew for a second month in August but optimism fell to its lowest level since late 2005.
Sep 03, 2015, 11:04 AM IST
RBI allows foreign investors to buy up to 40% stake in GCPL
The Reserve Bank on Friday said foreign investors can buy up to 40 percent of the paid-up capital in Godrej Consumer Products Ltd (GCPL) under the portfolio investment scheme (PIS).
Aug 28, 2015, 19:25 PM IST
Consensus between govt, RBI on monetary policy panel: FinMin
The government and the Reserve Bank have reached a consensus on the structure for the proposed Monetary Policy Committee and Public Debt Management Agency, said Finance Secretary Rajiv Mehrishi.
Aug 18, 2015, 17:58 PM IST
Watching global condition; calibrating policies accordingly: Jayant Sinha
Government and the Reserve Bank are closely monitoring global economic conditions as well as the movement of rupee value and accordingly calibrating policies regularly to support robust macroeconomic growth, Lok Sabha was informed on Friday.
Aug 07, 2015, 15:43 PM IST
Rajan says talking to govt to hike FPI cap in govt bonds
Reserve Bank is in discussions with the Finance Ministry to raise the Foreign Portfolio Investment (FPI) cap in government bonds, Governor Raghuram Rajan said on Tuesday.
Aug 04, 2015, 15:50 PM IST
Bank results indicating asset quality stability: RBI
Reserve Bank Deputy Governor S S Mundra on Wednesday said initial trends from banks' first quarter results indicate some stability on asset quality.
Jul 29, 2015, 15:22 PM IST
'RBI to maintain status quo on Aug 4; rate cut by March '16'
The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.
Jul 23, 2015, 15:37 PM IST
RBI asks public to refrain from writing on banknotes
Reserve Bank on Thursday asked the public not to write on the watermark window of banknotes as it bears an important security feature which differentiates it from a fake note.
Jul 16, 2015, 16:05 PM IST
RBI to soon test waters with plastic notes of one denomination
RBI will soon "test waters" for plastic currency, beginning with Rs 10 notes and the process should be "fully on" in the coming year.
Jul 02, 2015, 20:26 PM IST
RBI to allow new kind of NBFC as account aggregator
The Reserve Bank will allow setting up new kind of NBFC which would act as account aggregator to help people see their accounts across financial institutions in a common format.
Jul 02, 2015, 20:03 PM IST
RBI, govt in discussions for recapitalisation of banks: RBI
The government and the central bank are in discussions over recapitalisation of state-owned banks, Reserve Bank Governor Raghuram Rajan said on Thursday.
Jul 02, 2015, 17:26 PM IST
RBI says willing to let foreigners hold more govt debt
India`s central bank is committed to steadily increasing how much government debt foreign investors can buy, but will proceed cautiously to avoid becoming too reliant on overseas capital, Governor Raghuram Rajan said on Thursday.
Jul 02, 2015, 16:29 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
Private non-financial firms' Q4 net down 12.5%: RBI study
Reflecting a slowdown, listed non-financial companies saw their cumulative average profit declining by 12.5 percent in January-March quarter largely due to contraction in manufacturing and IT sectors, says a report by the Reserve Bank.
Jul 01, 2015, 21:07 PM IST
Further rate cut of 25 bps likely this fiscal: Citigroup
The Reserve Bank is likely to cut the key interest rate by another 25 bps this fiscal as retail inflation is likely to be around 5 percent, says a Citigroup report.
Jun 30, 2015, 18:08 PM IST
Greek tragedy may see RBI selling $15-bn to defend Re at 65
If the much-awaited Greek deal fails, the Reserve Bank will have to sell as much as USD 15 billion to defend the rupee at 65 levels, says a report.
Jun 22, 2015, 19:40 PM IST
CEA questions RBI's monetary policy stance, says rates too high
Making a strong case for reduction of policy rates by the Reserve Bank, Chief Economic Advisor Arvind Subramanian has said the real interest rates are "whoppingly" very high and have made it difficult for corporate to deal with the problem of high debt.
Jun 17, 2015, 19:33 PM IST
Standards adopted by RBI compliant with Basel standards: Report
The standards adopted by the Reserve Bank with regard to risk-based capital requirements are 'compliant' with minimum Basel capital standards, the central bank said on Tuesday.
Jun 16, 2015, 22:48 PM IST
