Apr 29, 2016 at 20:57 | Source: Reuters
Central banks in Asia's emerging markets are introducing new policy tools to get lenders to cut borrowing costs and move credit more quickly through their slowing economies.
Apr 28, 2016 at 20:22 | Source: Reuters
Reserve Bank of India Governor Raghuram Rajan went with the majority view of the external members of its monetary policy committee that suggested a repo rate cut at the April review, according to the minutes released on Thursday.
Apr 26, 2016 at 07:56 | Source: PTI
Mehbooba highlighted the need for enhanced lending by PSU banks, keeping in view the very low credit-deposit ratio in the state, as compared to national standards.
Apr 25, 2016 at 10:43 | Source: CNBC-TV18
Since December 2015, banks have been borrowing Rs 1.5-2.5 lakh crore from RBI to meet their daily CRR requirements. The governor addressed this complaint fully and squarely in the April 4th policy when he said he will reduce the liquidity deficit in the interbank market to zero.
Apr 21, 2016 at 10:17 | Source: Moneycontrol.com
The new rule on provisioning is expected to boost fourth quarter earnings of non-performing asset (NPA) saddled banks. Credit Suisse sees some relief for corporate lenders because of the stabilsing of the steel cycle.
Apr 20, 2016 at 22:24 | Source: PTI
The RBI would issue another authorisation for the second installment shortly, a release issued by the Chief Minister's Office said here this evening.
Apr 20, 2016 at 13:25 | Source: Reuters
Chinese policymakers are trying to channel more credit into the economy to bolster growth but are on guard against fuelling sharp gains in the property market and fanning asset bubbles.
Apr 19, 2016 at 13:18 | Source: PTI
RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan said.
Apr 16, 2016 at 12:26 | Source: PTI
Amid gloomy global economic conditions, Indian economy has been described by many as one of the few bright spots, including by IMF, while RBI under Rajan has also been credited with necessary steps to minimise the impact of external shocks on the country's financial system.
Apr 15, 2016 at 12:00 | Source: PTI
Earlier this month, RBI reduced its policy rate by 0.25 percent to 6.5 percent -- its lowest level in more than five years. While this was the first rate cut after a gap of six months, RBI has lowered its rate by 1.5 percent cumulatively since January 2015.