May 23, 2016 at 17:00 | Source: PTI
Shares of commodity bourse MCX settled with nearly 7 percent gains on May 23 after the Reserve Bank removed restriction imposed on overseas investors on buying equity shares in the Multi Commodity Exchange (MCX)
May 23, 2016 at 07:34 | Source: PTI
"Given great uncertainty about outlook and policies of others in these times, a country like India should try to take sensible measures without getting too ambitious, as we have done so far," Rajan said, delivering the Mahtab Memorial Lecture in Bhubaneswar.
May 19, 2016 at 11:22 | Source: CNBC-TV18
Even though foreign investors (FII) into India and other emerging markets are lowering their exposure, Ajay Srivastava, the CEO of Dimensions Consulting, believes that there is enough traction among local investors to take care of the slump in the Indian markets.
May 15, 2016 at 13:16 | Source: PTI
As the banking sector expands with entry of new players in different avatars, veteran banker Uday Kotak feels policymakers must think about the ways to deal with a situation when a bank goes belly-up.
May 13, 2016 at 17:08 | Source: PTI
The Reserve Bank is unlikely to slash key policy rates until the end of this year as inflation shows no signs of moderating while the 7th Pay Commission hikemay add to the rise in prices, says a Nomura report.
May 10, 2016 at 22:18 | Source: PTI
With traders body CAIT alleging violation of foreign direct investment norms in the e-commerce sector by Flipkart and Paytm, the DIPP on May 10 said it is the RBI that "administers" the FDI policy and ED which is the "enforcing authority".
May 10, 2016 at 19:04 | Source: PTI
Proposing 'traffic signal' like checks on central bankers, RBI Governor Raghuram Rajan on May 10 asked them to shun monetary policies that can negatively impact other economies, saying even India can follow the same rules in about a decade.
May 10, 2016 at 12:36 | Source: PTI
"Members from Reserve Bank are known that is already mentioned in the Act itself. You have RBI Governor, Deputy Governor and Executive Director. Now from the government side three independent members are to be nominated," Economic Affairs Secretary Shaktikanta Das said on the sidelines of an event organised by ADB here.
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 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.