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Reserve Bank

Jan 31, 2015 at 15:44 | Source: CNBC-TV18
With oil falling from USD 100 a barrel to USD 50 a barrel, Sajjid Chinoy, chief economist at JPMorgan India is expecting a current account surplus for the first time in eight years in the current January-March quarter.
Jan 30, 2015 at 13:20 | Source: CNBC-TV18
Vikram Limaye of IDFC says it just has to make sure that its balance sheet transition in terms of size of balance sheet that it has when it becomes a bank is also managed in a way that it is regulatory compliant.
Jan 30, 2015 at 12:59 | Source: CNBC-TV18
Suruchi Jain of Morningstar is not surprised and says all banks should be subjected to the same rules. Hence, the exemption is 30 percent of the eligible loans for the first year, which is the same for all the banks, the following years it will be taken up to 50 percent and 60 percent of loans.
Jan 30, 2015 at 11:50 | Source: PTI
With speculation that a host of telcos, including the state-run BSNL, Vodafone and Telenor are interested in entering the differentiated banking fray, RBI deputy governor HR Khan also hinted that more such tie-ups might be in the works.
Jan 30, 2015 at 10:44 | Source: PTI
SKS Microfinance reported nearly two-fold increase in net profit at Rs 41.1 crore for October-December quarter and also said it will seek licence from RBI for setting up a small finance bank.
Jan 30, 2015 at 10:09 | Source: CNBC
Gold plunged more than 2 percent during trade Thursday in the US, with the spot price trading as low as USD 1,251.86 an ounce. In early Asian trade Friday, the spot price was around USD 1,260 an ounce.
Jan 29, 2015 at 22:50 | Source: Moneycontrol.com
SKS Microfinance at its meeting held on January 29, 2015, approved a proposal for making an application to Reserve Bank of India (RBI) for getting a license for Small Finance Bank based on the Guidelines for Licensing of Small Finance Banks in the Private Sector.
Jan 29, 2015 at 19:42 | Source: CNBC-TV18
Airtel m-Commerce Services (AMSL), a wholly-owned subsidiary of Bharti Airtel, is converting its existing prepaid payment instrument licence into a payments bank licence to be issued by the Reserve Bank of India.
Jan 29, 2015 at 17:40 | Source: Moneycontrol.com
The subsidiary of Bharti Airtel is also in the process of applying for payment bank license to the Reserve Bank of India (RBI).
Jan 29, 2015 at 13:49 | Source: CNBC
"The Monetary Authority of Singapore (MAS) is the third central bank in Asia to significantly surprise the market (after the Bank of Japan and the Reserve Bank of India) and the market will increasingly question who will be next," HSBC said in a note Wednesday.
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R Jagannathan

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Budget  

, vegetables and eggs, meat and fish. My colleague in the agriculture ministry will announce the measures intended to improve supplies. We also believe that high interest rates are a consequence of high inflation. We will thus encourage and support the Reserve Bank of India to manage interest rate policies

11.22 AM Jul 8th 2014

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Economy  

Source:Calcutta Telegraph News - Mumbai, July 4: The Reserve Bank of India (RBI) today said it would issue guidelines for both on-tap and niche banking licences this fiscal, keeping the hopes alive for those who had missed out in the previous round. RBI deputy governor R. Gandhi today said

7.03 PM Jul 7th 2014

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Currencies  

Source:NDTV Profit - The rupee was trading at 59.80/81 versus its close of 59.73/74 on Friday as the Reserve Bank of India (RBI) stepped up dollar purchases while a fall in the domestic sharemarket also hurt. The apex bank has been spotted buying dollars sporadically via ...

2.43 PM Jul 4th 2014

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Bank of India  

Source:NDTV Profit - Mumbai: The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licenses later this year, Deputy Governor R Gandhi told reporters on the sidelines of an event on Friday. Mr Gandhi also said

2.41 PM Jul 4th 2014

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Bharti Airtel  

Source:NDTV Profit - Shares in Bharti Airtel gained as much as as 2.5 per cent to Rs 345.20 on Friday after the Reserve Bank increased foreign investment limit in the company to 74 per cent of the company's paid-up capital under the portfolio investment scheme. Earlier

10.11 AM Jul 4th 2014

molly555

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GOL Offshore  

Overseas investors can now buy up to 74 percent of Bharti Airtel`s paid up capital, the Reserve Bank of India said. "The RBI has today advised that foreign institutional investors (FIIs)/registered foreign portfolios investors can now invest up to 74 percent of the paid up capital of Bharti Airtel

8.43 PM Jul 3rd 2014

rajibpradha
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Rei Agro  

Consortium of bank( all the lenders) has refered this company`s to Corporate Debt Restructure Cell. But Bank of India has filed petition before honourable kolkata High Court for wind up against its debt. Corporate Debt Restructure is fully at the mercy of Reserve bank of India directives. Lenders

2.44 PM Jul 3rd 2014

RISKY DATA BE CAREFUL

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Commodities  

after Reserve Bank of Australia Governor Glenn Stevens said the currency was "overvalued" by most measures. In a speech delivered earlier in the day, Stevens added that investors are under-estimating the probability of a "significant fall" in the Australian dollar at some point

1.40 PM Jul 3rd 2014

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News Now  

Source:NDTV Profit - Mumbai: Dutch Queen Maxima, who is also the UN Secretary General's Special Advocate for Inclusive Finance for Development, has praised the Reserve Bank of India's (RBI) work on financial inclusion. "(The RBI has) one of the most comprehensive and ...

12.33 PM Jul 3rd 2014

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Bank of India  

Source:Economic Times - MUMBAI: A formal definition of the poverty line may not be necessary to determine financial services for the poor, Reserve Bank of India (RBI)governor Raghuram Rajan said on Wednesday. Speaking to journalists after meeting Queen Maxima of the Netherlands, Rajan said

12.31 PM Jul 3rd 2014

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Jan 31, 2015 at 00:30 | Source: FirstPost