Jul 02, 2015 at 18:50 | Source: PTI
The government and the central bank are in discussions over recapitalisation of state-owned banks, Reserve Bank Governor Raghuram Rajan said.
Jun 17, 2015 at 13:42 | Source: PTI
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 Wednesday.
May 14, 2015 at 21:49 | Source: PTI
Jaitley, who got a slew of reform measures approved in the just-concluded Budget session of Parliament, said the focus of the Narendra Modi-led government in the second year would be increasing spending on rural infrastructure, including irrigation and social sector schemes.
Apr 22, 2015 at 14:34 | Source: PTI
In the letter the RBI Employees contended that the Bill had provisions with far reaching implications, and if implemented, would cripple the functions of the central bank.
Mar 30, 2015 at 20:31 | Source: CNBC-TV18
The central government has pulled out all stops in order to reach the 2014-15 fiscal deficit target of 4.1 percent it outlined in the Budget this year.
Mar 22, 2015 at 13:41 | Source: PTI
Scotching murmurs of differences between the government and the RBI over regulation of money market, Finance Minister Arun Jaitley today said there is no 'disconnect' between the two and hoped banks would follow the central bank in reducing interest rates.
Mar 20, 2015 at 08:23 | Source: PTI
Calculating national income with 2011-12 as the base year, the CSO revised the growth for 2013-14 to 6.9 percent. Growth rate was earlier calculated with 2004-05 as base year. Members, during the debate on General Budget, contended that high growth rate as projected was not visible on the ground.
Mar 15, 2015 at 16:01 | Source: PTI
According to industry, the govt must reduce the central excise duty on man-made fibre from 12 percent to 6 percent on par with cotton and also remove the 5 percent import duty and 4 percent special additional duty.
Mar 10, 2015 at 17:48 | Source: PTI
Employees' Provident Fund Organisation's (EPFO) apex decision making body, Central Board of Trustees, headed by the Labour Minister, is also likely to appoint new fund managers for three year term, beginning April 1, and raise age limit for vesting of pension by two years to 60.
Mar 10, 2015 at 11:16 | Source: CNBC-TV18
The government has recently proposed to amend the Reserve Bank of India (RBI) Act to take away money market regulatory powers from the central bank and bring it under the purview of market regulator Sebi.