Apr 17, 2015 at 10:11 | Source: Reuters
The government and the RBI have been at odds over several proposed changes to regulation, including the creation of an independent public debt management office and the specific composition of the planned monetary policy committee.
Apr 16, 2015 at 11:32 | Source: CNBC-TV18
Deepali Bhargava, economist, Credit Suisse says it will be important to see how the unseasonal rains impact prices going ahead. She says the RBI may cut rates in June policy. But she expects a pause on rate cuts post June 2015.
Apr 15, 2015 at 21:29 | Source: PTI
RBI believes this to be a policy decision as the ATM facility was made available with a view to reduce "cash usage and increase electronic transactions in the country"
Apr 15, 2015 at 17:39 | Source: PTI
The Minister's statement assumes significance as Reserve Bank (RBI) Governor Raghuram Rajan had recently said that the central bank is looking at allowing full capital account convertibility in a few years.
Apr 14, 2015 at 15:54 | Source: PTI
The cut in the home loan rate is in line with the base rate reduction of 0.25 percent announced last week as there is no tinkering with spreads on loans.
Apr 09, 2015 at 14:48 | Source: Reuters
Weaker growth and inflation below the RBI's goal of 6 percent by January 2016 would give the central bank room to ease policy further this year to spur activity.
Apr 09, 2015 at 14:32 | Source: Moneycontrol.com
Bank of Maharashtra has informed BSE that in terms of letter dated February 25, 2015 of Reserve Bank of India, the Bank has appointed four Chartered Accountant firms as Statutory Central Auditors (SCAs) of the Bank for the year 2014-15.
Apr 08, 2015 at 10:58 | Source: PTI
After two cuts in three months, the RBI kept the repo rate, at which the central bank lends to banks, unchanged at 7.5 percent on fears of unseasonal rains impacting food prices.
Apr 08, 2015 at 10:09 | Source: Reuters
This is the first release of the data after the Reserve Bank of India said they will publish the amount the government keeps with the central bank for auctioning among banks for greater transparency of the interbank liquidity.
Apr 07, 2015 at 16:53 | Source: Moneycontrol.com
With banks not cutting lending rates despite two repo rate cuts by the Reserve Bank of India in the first quarter, the central bank today said it would roll out a new method for banks to calculate their cost of funds (which would reduce the transmission period between the two events). Banks, however, said they weren't sure it was a good move.