Mar 03, 2015 at 18:11 | Source: PTI
Recently, the government infused Rs 6,990 crore into nine out 28 state-run banks, based on their return on equity and return on assets against a budgeted Rs 11,200 crore.
Mar 03, 2015 at 15:46 | Source: Reuters
The RBI unexpectedly cut interest rates in January but held rates steady at its policy review in February.
Mar 03, 2015 at 15:27 | Source: PTI
At the meeting, it was highlighted by the CEIB chief that while initially RBI had agreed to share the extracts of inspection reports with it but, later on, they changed their stand.
Mar 03, 2015 at 08:46 | Source: PTI
To deal with the global financial crisis, many central banks around the world are printing money and reducing interest rates to very low levels. With countries like India offering high interest rates, significant foreign inflows have been witnessed in debt.
Mar 02, 2015 at 17:46 | Source: Reuters
The RBI will have freedom to use its instruments for monetary transmission, Subramanian told reporters after the central bank and the government struck a pact to shift to a policy framework based on targeting consumer price inflation.
Mar 02, 2015 at 16:36 | Source: Reuters
Government bonds fell and swap rates surged on Monday on concerns the central bank would delay interest rate cuts after the Budget set a higher-than-expected fiscal deficit target.
Mar 02, 2015 at 13:36 | Source: Reuters
The government and Reserve Bank of India have signed a monetary policy framework deal that will set a central target for consumer price inflation of 4 percent for the 2016/17 fiscal year, the finance ministry said on Monday.
Feb 28, 2015 at 19:15 | Source: Moneycontrol.com
According to Radhika Rao, Economist at DBS Bank, "The budget is pragmatic and positive and await to see if the contents ticked all the boxes for the central bank to ease rates. Our initial sense is that the budget as a stand-alone might not be enough reason for an immediate rate reaction from the central bank."
Feb 28, 2015 at 16:32 | Source: Moneycontrol.com
Central Bank of India has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank will be held on March 24, 2015.
Feb 26, 2015 at 15:09 | Source: Reuters
India is likely to meet the central bank's inflation target of 6 percent by January 2016, while economic growth is expected to gradually pick up, Reserve Bank of India Deputy Governor S.S. Mundra said on Thursday.