Mar 27, 2015 at 08:32 | Source: CNBC-TV18
Sanger says he will wait for signs that the economy is benefiting from the positive mood and from the policy measures announced by the government recently
Mar 26, 2015 at 13:03 | Source: Moneycontrol.com
Investors lapped shares of United Bank of India on Thursday after the Reserve Bank of India relaxed restrictions on credit disbursements of the bank. The stock gained 9 percent intraday.
Mar 25, 2015 at 11:19 | Source: SME Mentor
With the strong focus on promoting the MSME sector by timely capital infusion, easy access to credit, providing necessary advisory assistance and technology infrastructure, the MSMEs are slated for an unprecedented growth.
Mar 24, 2015 at 10:31 | Source: CNBC
Former RBI governor D Subbarao says inflation targeting in India is difficult because much of inflation comes from supply shocks and supply shocks are less amenable for correction by monetary policy.
Mar 22, 2015 at 14:09 | Source: PTI
With most PSU banks remaining reluctant to pass on the benefit of monetary policy easing by RBI, Finance Minister Arun Jaitley today said he expects the lenders to cut interest rates soon.
Mar 18, 2015 at 21:33 | Source: Reuters
India is prepared to deal with the consequences of a US Federal Reserve move towards an increase in interest rates, including heightened market volatility, Reserve Bank of India Governor Raghuram Rajan said in comments reported on Wednesday.
Mar 13, 2015 at 10:50 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is expected to depreciate today as Reserve Bank of India (RBI) will need to keep a tight monetary policy it wants to meet its target of keeping inflation under 6% by January next year after retail inflation climbed for the third straight month.
Mar 11, 2015 at 19:14 | Source: PTI
Banks also have to keep asset quality in mind (before passing on the benefit of rate cut). That is a guiding factor for any bank to reduce lending rate," Iyer said. The RBI is scheduled to announce its bi-monthly policy review on April 7.
Mar 11, 2015 at 15:59 | Source: Reuters
Indian banks would prefer to defer any decision on lending rates until after the RBI holds its monetary policy review on April 7, Bank of India Chairman V. R. Iyer told reporters on Wednesday.
Mar 11, 2015 at 11:45 | Source: Moneycontrol.com
Finance Minister Arun Jaitley will meet the heads of public sector banks to review the banks performance and persuade them to pass on the RBIs rate cut benefit to borrowers to prop growth. The meeting will review credit offtake and the progress made under the Jan Dhan Yojana, among other things.